I have been trading cryptocurrencies for 7 years. I entered the market with 100,000, and now I rely on trading to support my family. Here are the hard-earned lessons I've summarized:

First: Don't worry about the length of time you hold, but focus on whether the market has peaked.

Second: When the price of the coin rises, if you are solely pursuing higher profits and hesitate to sell your holdings at high prices, greed often leads to 'missing the opportunity.'

Third: Take profits when you can, maintaining your gains requires wit and patience.

Fourth: Sell when everyone on the street is talking about 'blockchain.'

Fifth: Any greedy investor who sees a significant rise will inevitably regret not buying in at a lower price or buying too little. The main traders exploit the retail investors' desire to chase after rising prices to push the prices higher and sell off.