Years of trading cryptocurrencies, sharing insights from 10,000 to 10 million!

How to achieve it?

In the past few years, turning 10,000 capital into 10 million U, this journey is full of trials and experiences.

Here are some key insights summarized.

Hope to inspire everyone:

1. Capital management is the cornerstone of success

Divide the funds into five parts, only use one-fifth each time, and set strict stop-loss lines—each trade loss should not exceed 10%, and total capital loss should be controlled within 2%. Even if there are five consecutive mistakes, the total loss is only 10%, but once the opportunity is seized, profits can often easily cover the losses.

2. Go with the trend, don’t swim against the current

· Don’t rush to catch the bottom during declines, as most are traps to lure buyers; patiently wait for clearer signals.

· Don’t rush to sell during an uptrend; this could be a “golden pit,” and buying low is more stable and reliable than catching the bottom.

3. Stay away from coins with short-term surges

Whether mainstream coins or altcoins, coins that surge continuously are rare; most will fall into stagnation or even retracement after a surge. Don’t hold out hope for miraculous high-position surges.

4. Make good use of technical indicators

· MACD is a practical tool: consider buying when the DIF line and DEA line cross upward below the 0 axis and break through it; conversely, consider reducing positions when they cross downward above the 0 axis.

· Be methodical about averaging down: never average down when losing, only add to positions when profitable, otherwise you might fall deeper into losses.

5. Trading volume is the soul of the cryptocurrency market

· Pay attention to low-level volume breakthroughs; this is an important market signal.

· Stick to trading coins in an upward trend, observing the 3-day, 30-day, 84-day, and 120-day moving averages; turning upward often indicates a trend is established.

6. Review and strategy adjustment after each trade

After each trade, review it, re-examine the holding logic, and flexibly adjust the operating strategy in conjunction with the weekly K-line trend. #以太坊突破3700