I Trade Cryptocurrencies: In three years, I turned 50,000 into 20 million. After numerous ups and downs, these experiences... Trading Insights

1. Divide your capital into 5 parts, and only enter with one-fifth each time! Control a 10% stop-loss; if you make one mistake, you only lose 2% of your total capital. If you make 5 mistakes, you'll lose 10% of your total capital. If you're right, set a take profit of over 10%. Do you think you'll be stuck?

2. How to further improve your win rate? Simply put, it's about going with the trend! In a downtrend, every rebound is a trap to entice buyers, and in an uptrend, every drop creates a golden buying opportunity! Which do you think is easier to profit from, bottom fishing or buying low?

3. Avoid trading cryptocurrencies that have experienced rapid short-term surges, whether they are mainstream or altcoins. Very few coins can sustain multiple waves of upward movement. The logic is that it's challenging for a coin to continue rising after a short-term surge. When it stalls at a high position and can't rise further, it will naturally decline. It's a simple principle, yet many still want to gamble on it.

4. Use MACD to determine entry and exit points. If the DIF line and DEA form a golden cross below the 0 axis, and then break above the 0 axis, it's a solid entry signal. When MACD forms a death cross above the 0 axis and moves downward, it can be seen as a signal to reduce positions.

5. I don't know who invented the term 'averaging down,' but it has caused many retail investors to stumble and suffer great losses! Many people keep adding to losing positions, and the more they add, the more they lose. This is the biggest taboo in trading cryptocurrencies; it puts you in a dead end. Remember, never average down when you're at a loss; instead, add to your position when you're in profit.

6. Volume and price indicators are essential; trading volume is the spirit of the crypto market. Pay attention when there is a breakout with increased volume at a low consolidation price.

7. Only trade coins in an upward trend; this gives you the best odds and saves time. If the 3-day moving average turns up, it indicates short-term upward movement. If the 30-day moving average turns up, it indicates medium-term upward movement. If the 84-day moving average turns up, it indicates a major upward wave. If the 120-day moving average turns up, it indicates long-term upward movement.

8. Persistently review each session, check if the holdings' dynamics have changed, analyze whether the weekly K-line trends align with your judgment, and whether the direction has changed. Adjust your trading strategy in a timely manner.