Is it really possible to turn your life around by trading cryptocurrencies?

After trading for so long, why haven't you made any money?

Dear friends, I have seen too many "crash scenes" in cryptocurrency trading over the years, and I have also fallen into many traps myself. These 10 painful lessons might save your life; understanding them will help you avoid detours:

1. Don't rush in with little capital!

Don't think about doubling your money every day; it's already good if you can catch the market right once a year. Always keep 30% of your funds as a backup so you won't be wiped out if the market suddenly crashes.

2. Only earn what you can understand!

Just because you see others getting rich with low-quality coins, don’t get tempted; that’s not your money, it’s your "tuition fee." You may profit in a simulated account, but when it comes to real trading, your mindset will collapse.

3. Good news is a selling point!

If you don't run away on the day good news comes out, the next day's spike is your last chance to escape. Don't play the role of the bag holder again.

4. Reduce your position before holidays!

Funds are not active during holidays; this is when the big players love to "wash the market." Do you want to enjoy your holiday in peace or spend the whole night before the market unable to sleep?

5. Layout your trades as naturally as breathing!

Buy slowly when the market is declining, and sell in batches when it surges. While others chase highs and sell lows, you are already counting your money after getting off the train.

6. Short-term trades should only involve hot coins!

If the daily trading volume is less than 100 million, don’t touch it; if you buy in, there will be no one to take it off your hands, leading to significant losses.

7. Remember a rule!

Coins that are declining slowly can still crawl back, but coins that crash will rebound very quickly. However, you must act fast, accurately, and decisively, just like an assassin when bottom-fishing.

8. Don't be soft-hearted when cutting losses!

Admit when you're wrong and stop loss decisively. Falling in love with your trades will only lead to a margin call breakup.

9. Just monitor the 15-minute chart for short-term trades!

When KDJ is above 80, prepare to run; when it's below 20, prepare to ambush. Use MACD to look for divergences; simple and effective, don’t complicate things.

10. Don't be greedy! Master one strategy well enough to make a living.

If you are trading short-term, get KDJ right; if you are following trends, master MACD. Learning everything will only lead to being mediocre in all.

In the end, trading cryptocurrencies is about mindset, not technology.

If you can control these two demons of greed and fear, making money is just a matter of time.

Remember: as long as you are alive, you have the right to talk about profits.

Still feeling confused after reading? Don’t guess alone.

Follow me, and let’s navigate this cryptocurrency chess game together!