In the crypto world, going from 50,000 to 5,000,000, you just need to remember these few sentences! 1. Short-term trading 1. Focus only on the top ten mainstream cryptocurrencies every day, based on current market hotspots, news, daily MACD golden cross, BOLL convergence and divergence, combined with market trends, consider comprehensively, and select highly volatile varieties to trade. 2. Control your position: 50,000 divided into 20%, which is 5 parts, take one part each time to build a position. 3. Never go full position, at most 50%, always leave 50% as a reserve for opportunities. 4. Do not make more than 3 trades in a day, be disciplined. 5. Never average down, if you enter and lose 30%, withdraw promptly, it indicates the entry timing is wrong. 6. Set a stop loss at 30%, if it breaks, close the position unconditionally, do not hold on, holding on leads to death. 7. Never fall in love with candlesticks, quick entry and exit, remember!!! 8. Go with the trend, trend is king, only trade mainstream, do not trade small counterfeit varieties! 2. Crypto life-saving mantra (recommended to memorize) 1. Don’t rush to run when there’s a big drop in the morning, usually in the afternoon there will be a rebound! 2. When there’s a big increase in the afternoon, reduce your position, the probability of a pullback at night is high! 3. A rise with low volume will continue to rise, a decline with low volume will continue to decline. 4. Major meetings or positive news will usually rise, but will drop once the news is out. 5. If there’s a continuous big drop during the day domestically, buy the dip, at 21:30 foreigners will pull the market. 6. The key signal for buying and selling is the pin bar, the deeper the pin, the stronger the buy/sell signal. 7. When you are heavily invested, you are bound to get wrecked, why? You are on the exchange’s watchlist for liquidation. 8. When your short position hits the stop loss, it will definitely drop, if it doesn’t trick you out or blow you up, how could it drop? For example, TRB. 9. When you are about to break even, just a little more, the rebound suddenly stops, how could it let you close and run? 10. When you take profit, it’s time for a pump, if you don’t exit, how can it pump? The position is too heavy. 11. When you are excited, the waterfall comes as expected, your excitement is also a bait from the market makers. 12. When you are broke, every project is rising, making you FOMO, rushing to enter. So you understand, the market is manipulated over 80% of the time, you must control your position while definitely being proactive, clearly refrain from entering the market before confirming the market maker's actions, once you enter, you are the fish on the cutting board in the exchange.