Entering the market for six years, from 10,000 U to now 1,000!

Along the way, I have truly experienced it all and summarized quite a few trading insights. The first rule is to allocate your funds properly; don’t throw everything in all at once. Divide your funds into five parts and only use one-fifth for trading each time; this way, the risk is smaller.

If you incur a loss, set a 10% stop-loss point, so you only lose 2% of your total funds. Even if you make five mistakes, you’ll only lose 10%, but if you make a profit, it could be much more than 10%.

Now let’s talk about how to improve the win rate; actually, it comes down to two words: go with the trend!

Don’t think about catching the bottom when the price is falling; that’s just a trap;

Don’t rush to sell when the price is rising; that’s a golden pit.

Tell me, is it easier to make money catching the bottom, or is it easier to buy at a low point after it rises?

Those coins that experience short-term skyrocketing, stay away from them!

Whether mainstream or altcoins, there aren’t many that can sustain growth.

After a short-term surge, it’s very hard for them to rise again; stagnation at a high level naturally leads to a drop.

This principle is simple, but some people still want to take a gamble and end up losing.

The MACD indicator is also quite useful; when the DIF line and DEA line form a golden cross below the zero axis and then break through it, that’s a buy signal.

If they form a dead cross above the zero axis and continue downward, it’s time to reduce your position.

I must mention the issue of averaging down; it can be quite harmful! Many people lose money and still want to average down, but the more they average down, the more they lose, eventually losing everything.

Remember, if you incur a loss, never average down; you should only average down when you are in profit.

The trading volume indicator is also very important; it is the soul of buying in the crypto market.

If the price breaks out with increased volume at a low level, that’s worth paying attention to.

I only trade coins that are in an upward trend; this increases the odds and saves time.

Look at the 3-day line, 30-day line, 84-day line, and 120-day line; if they start turning upwards, that’s a signal for growth. Whether it’s short-term, medium-term, main upward wave, or long-term, you can tell right away.

Reviewing trades is also very important. After each trade, you need to review and see if your holding logic has changed, whether the weekly K-line trend aligns with your judgment, and if the direction has changed. This way, you can adjust your trading strategy in a timely manner to maintain profitability.