Having been involved in the cryptocurrency space for seven or eight years, I have gradually accumulated an eight-digit capital. I have summarized my hard-earned experience.

1. Divide your capital into five parts and only invest one-fifth each time! Control a 10% stop loss; if you make a mistake once, you only lose 2% of the total capital, and if you make five mistakes, you only lose 10%. If you are right, set a take profit above 10%. Do you think you'll still get trapped?

2. How to improve your win rate again? In simple terms, it's just two words: go with the trend! In a downtrend, every rebound is a trap for more buyers, and in an uptrend, every dip creates a golden opportunity! Would you say it's easier to make money by bottom-fishing or by buying low?

3. Avoid coins that have surged rapidly in the short term, whether mainstream or altcoins; very few coins can experience multiple major upward movements. The logic is that after a short-term surge, it's difficult to continue rising. When prices stagnate at a high, they will naturally decline later, which is a simple principle, yet many still want to take a gamble.

4. You can use MACD to determine entry and exit points. If the DIF line and DEA form a golden cross below the zero line and then break above the zero line, it is a stable entry signal. When MACD forms a dead cross above the zero line and moves down, it can be considered a signal to reduce positions.

5. I don’t know who invented the term "averaging down," but many retail investors have suffered heavy losses because of it! Many people lose more as they average down, and the more they average down, the more they lose. This is the biggest taboo in trading cryptocurrencies, putting yourself in a dead-end. Remember, never average down when you are at a loss; instead, add to your position when you are in profit.

6. Volume and price indicators should be a priority; trading volume is the soul of cryptocurrency buying. Pay attention to volume breakthroughs at low price consolidations, and decisively exit when there is a volume stagnation at high levels.

7. Only trade coins in an upward trend; this maximizes your chances and saves time. If the 3-day moving average turns upwards, it indicates a short-term increase; if the 30-day moving average turns upwards, it indicates a medium-term increase; if the 84-day moving average turns upwards, it indicates a primary upward wave; if the 120-day moving average turns upwards, it indicates a long-term increase!

8. Insist on reviewing each session; check if the holding coin strategy has changed, technically assess whether the weekly K-line trend matches your judgment, and if the direction has changed trend, promptly review and adjust your trading strategy.