At 36 years old, after 8 years of trading cryptocurrencies, turning 300,000 into tens of millions: the core principles

I am an experienced player in the crypto world, having turned a principal of 300,000 into a fortune of tens of millions, relying solely on practical strategies.

In a bull market, don’t dream of capturing all the profits; focus on one promising sector and seize 1-2 coins during the main upward trend to reap rewards.

Remember the trading iron rules: keep a close eye on new hotspots, don’t get trapped by old coin nostalgia; leverage on contracts should not exceed 5 times, always set stop losses, and holding positions is strictly prohibited; altcoins shine in bull markets and crash in bear markets, make sure to liquidate at the end of a bull market; enter before good news is released, and exit immediately after profit; in a bear market, neither lay flat nor operate blindly, but patiently wait for opportunities.

Capital management is key. Diversify into three sectors, selecting leading coins for stability and potential coins for profit; never go all in, realize profits in a timely manner, decisively stop losses when trends reverse, and remember that money in the crypto world is made through knowledge.

Market rhythm is more important than technical analysis. Boldly open positions at the end of a bear market, increase positions at the beginning of a bull market, and decisively exit in the latter stages of a bull market. Operate against human nature: enter when others are fearful and exit when others are euphoric.

Newbies should not expect to get rich overnight; first, learn to survive in the crypto space. Understanding cyclical patterns is far more useful than stubbornly focusing on candlestick charts. For more valuable insights into the crypto world, feel free to follow!