Having come this far and undergone trials, I have accumulated valuable experience. Here, I share some key insights, hoping to inspire everyone:

1. Capital management is the key to success

Divide your capital into five equal parts; only use one-fifth each time and set strict stop-losses. Each trade loss should not exceed 10%, and total capital loss should be controlled within 2%. Even with five consecutive mistakes, the total loss would only be 10%, but as long as you seize one opportunity, profits can easily offset the losses.

2. Follow the trend, never go against it.

When the market is falling, do not blindly try to catch the bottom, as it may very well be a trap to lure buyers. Be patient and wait for clear signals.

When the market is rising, don't rush to sell; it might just be a 'golden pit.' Buying low is more reliable than trying to catch the bottom.

3. Stay away from cryptocurrencies that are experiencing short-term surges.

Whether it's mainstream coins or altcoins, very few can sustain continuous surges. Most coins will enter a stagnation or correction phase after a surge. Do not hold onto wishful thinking and bet on low-probability events of surging from high positions.

4. Use technical indicators reasonably

The MACD indicator is very useful: when the DIF line and DEA line form a golden cross below the zero axis and break through it, consider buying; conversely, when a dead cross forms above the zero axis and declines, consider reducing your position.

Replenishing positions should have a strategy: do not add to positions when in loss, only increase positions when in profit; otherwise, losses may accumulate.

5. Trading volume is the core of the market

Pay close attention to situations where low levels of volume break through; this is an important signal for market initiation. Only trade in coins that are in an upward trend, closely monitor the 3-day, 1-hour, 4-hour, and 8-hour moving averages. When these moving averages turn upwards, it usually indicates that an upward trend has been established.

6. Conduct thorough reviews and strategy adjustments

Each trade must be reviewed, re-evaluating the holding logic and flexibly adjusting future operational strategies in conjunction with the weekly K-line trend.

Investing is a complex discipline, a game of skills, techniques, mindset, and human nature. In this process, whoever has a strong awareness of risk, good risk management, and implements effective risk control measures will be the final winner.

1. Unlimited time capital is a prerequisite for investing.

Capital must be absolutely free and without a deadline. A piece of self-owned, interest-free capital is a prerequisite for investing.

2. Use market traps to win

When you are going long, a short trap is your best opportunity.

When you want to short, a long trap is your paradise.

3. Safety is fundamental to surviving in this market long-term.

Avoid overtrading: (avoid frequent trading and excessive margin on single trades)

4. The market is the best place to cultivate oneself; human greed, fear, and foolishness are being enacted in the capital market at every moment. Cultivating oneself in this big dye vat is the greatest benefit of the market.

To conquer the market is actually to conquer one's own greed, fear, and foolishness.

5. Not every trade will be profitable

Every trade carries the risk of loss. Do not daydream; work seriously to make money, and never let your guard down. Focus on capital management.

6. Trading psychology is crucial. Maintain emotional stability whether making money or losing money.

7. The mindset of successful traders:

Do not care about money, accept risks in trading and investing, equally accept both profitable and losing trades, enjoy the process, do not feel deceived by the market, always seek to improve your skills. As your skills improve, your account profits will also increase.

Keep an open mind, treat all viewpoints equally, do not get angry, summarize each trade, there is no need to conquer or control the market. Have confidence, self-control, only take on risks you can afford, trade with your own funds, take responsibility for all trading results, maintain calm during trading, have the ability to face reality, and trade with the market trend regardless of the market direction.