Entering the crypto world for the 12th year, I initially lost a lot, had both gains and losses along the way, and now I rely on crypto to support my family. I’ve summarized some experiences to share with everyone, hoping it will help you. As long as you do it, it will be hard to lose.

1. When the market crashes and the coin doesn’t fall, it means there are market makers protecting it: You must hold onto this coin, there will definitely be profits later!

2. Newbies should remember macro information when trading: For short-term, look at 15 minutes and daily charts; if the price is above the line, hold it, if it breaks, run. For mid-term, focus on the daily line; the operation is simple and direct, don’t blindly trust fancy technical indicators!

3. If a short-term coin hasn’t moved for three days, hurry to swap it out: If you bought and it drops, cut losses at 5%, don’t drag it out!

4. If a coin is halved from its peak and then falls for nine days: this is a deep drop, a rebound is imminent, be decisive and get in!

5. When trading coins, chase the leader: it’s the one that rises the most and also withstands drops. Don’t be afraid of high prices, don’t catch falling knives, leader coins are meant to chase up and sell down!

6. Don’t always think about catching the bottom: A falling coin is like jumping off a building, with no bottom line! If it needs to be cut, then cut it; the trend is the way to go. Buying coins isn’t about getting them cheaper, but about timing being right for the best choice.

7. Have you gotten a little profit and got carried away? Be careful of falling into a pit: It’s easy to make a profit once, but sustaining profit is hard. After each profit, reflect on whether your operation was excellent or if you were just lucky. You need your own trading strategy to move forward steadily!

8. If you’re not sure, stay in cash: It’s not shameful to stay in cash, losing money is what’s shameful. Remember, you’re here to protect your capital, not to be a gambling god. Trading is about success rate and profit-loss ratio, not speed.

9. The influx of funds into new coins: Initially, due to market hype, prices may rise. But once sentiment changes, coins lacking solid fundamentals can plummet quickly.

10. The crypto world is the power of consensus: The value of a coin comes from the consensus mechanism, backed by a group of like-minded individuals. Everyone pushes the project together, resulting in wealth acquisition. Ten years in crypto is like a day in life! Follow Ming Ge, and you will get everything including Niu Ma Lun $BTC $ETH