In the cryptocurrency world, how can ordinary people improve themselves?

On the path of trading cryptocurrencies, I started as a small investor with 5000 yuan and finally turned into a middle class with 25 million yuan!

Today, I want to share my experiences with everyone.

The most important point in trading cryptocurrencies is capital management; don’t invest all your money at once. I prefer to divide my funds into five parts and only use one part for trading at a time. This way, even if I incur losses, I won’t be too heavily burdened. Additionally, I set a rule for myself: if I lose 10%, I will withdraw immediately, regardless of the market situation. If I lose 10% for five consecutive times, I will have only lost 50%, but if I make profits, the gains will be substantial. Even in cases of being trapped, I can maintain my composure.

Following the market trend is always the most reliable strategy. When the market is declining, don’t think about bottom-fishing; that’s simply unrealistic. During an uptrend, a pullback is a golden opportunity; buying low is much safer than trying to catch the bottom.

When it comes to selecting coins, one must have a keen eye. Those coins that experience explosive growth, whether mainstream or altcoins, should be avoided as much as possible. Coins that rise too quickly will likely experience significant pullbacks afterward, making them prone to being trapped.

In terms of technical indicators, I use MACD the most. When the DIF line and DEA line cross and break above the 0 axis, that is a buying signal. Conversely, if they cross above the 0 axis and start to decline, it's time to reduce holdings.

Don’t easily attempt to average down! If you incur losses, do not average down; the more you average down, the bigger your losses could become, and you might end up with nothing. Remember, cut losses when you’re losing, and only add to positions when you’re in profit.

Trading volume is also crucial. When a price breaks out from a low position with increased trading volume, it usually indicates a big opportunity.

The most critical point is to go with the flow and seize the trend! Combine the daily line, 30-day line, 84-day line, and 120-day line; when any line starts to turn upward, you’ll know how to proceed.

Trading in the market carries risks but also considerable opportunities.

Learn capital management, trend analysis, and coin selection to transform from a small investor into a middle class like I did.

If you don’t know how to operate in this market, you can follow me. I have ideas, you have the execution ability, and there's a position.