I have been trading cryptocurrencies for 7 years, invested 100,000 in the market, and now I support my family through trading. Here are my hard-earned experiences:
First: Do not worry about how long you hold, but focus on whether the market has reached its peak.
Second: When the price rises, if you are solely focused on pursuing higher profits and are reluctant to sell your holdings at a high price, the result of greed is often "missing the opportunity."
Third: Take profits when you can, and maintain your gains; it requires wisdom 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 when the price was low, or buying too little. Meanwhile, the main traders take advantage of the retail investors' itchy buying psychology to drive up prices and sell off.

10000u Challenge Day 3 of 50000 (Currently 19014)
1.13 Second order gained 2622u

90325 enter long -- 91636 close position to secure 1300 points
Plan to conclude before the Spring Festival, currently challenging three days of five consecutive wins. In trading, one must be able to endure loneliness, wait for the right moment to act, and it's enough to seize 2-3 trades each day!

Do not bottom fish now!! Do not bottom fish!! Do not bottom fish!! Important things are said three times!!

10000u Challenge Day 3 of 50000 (Currently 13683)
1.13 First order gained 3131u

94502 entered short -- 92936 closed position to secure 1600 points
Mindset determines direction, direction determines success or failure, if the direction is wrong, effort is in vain, look for opportunities again.

10000u challenge 50000 second day (currently 13683)
The first order earned 1479u
1.12 big cake went long and took 760 points to stop profit and exit, this is how it is on weekends, just run the range, don't think about taking the long term, taking 2 waves of range market is also good!

In the cryptocurrency world, achieving financial freedom and social mobility must follow the iron laws of the market: The top ten points for making money with cryptocurrency
1. Keep a close eye on Bitcoin trends
In the cryptocurrency world, Bitcoin often leads the rise and fall. While Ethereum may sometimes perform strongly and create independent trends, most altcoins are influenced by it.
2. Pay attention to the relationship between Bitcoin and USDT
Bitcoin and USDT often move in opposite directions. When USDT rises, be cautious of Bitcoin's decline; when Bitcoin rises, it is a good opportunity to buy USDT.
3. Seize trading opportunities in the early morning
From 0:00 to 1:00 daily, the phenomenon of price spikes often occurs. Domestic traders can place low buy orders for their desired coins before sleeping and high sell orders, or they might be surprised by a successful transaction and easily profit.
4. Observe the morning price trends
From 6:00 to 8:00 every morning is a critical period for deciding whether to buy or sell. If the price continues to drop from 0:00 to 6:00 and is still falling, it is wise to buy or average down; if it has been rising during this time, it is advisable to sell as it is highly likely to drop that day.
5. Pay attention to afternoon volatility
Special attention should be paid at 17:00 due to time differences, as American traders begin to operate, which may trigger price fluctuations. Many significant rises and falls occur during this time.
6. Be cautious of "Black Friday"
There is a saying of "Black Friday" in the cryptocurrency world. Although there may be significant drops on Fridays, there can also be major rises or sideways movements; staying informed on news is key.
7. Be patient with declining coins
If a coin with a certain trading volume declines, do not worry; holding it patiently can lead to a return on investment. It may take as short as 3 or 4 days or as long as a month. If you have extra funds, you can average down to speed up recovery, unless it is a worthless coin.
8. Stick to long-term spot trading
Engaging in spot trading by holding the same coin long-term and trading less often usually yields greater returns than frequent trading; it all depends on your patience.
9. Monitor external influencing factors
The cryptocurrency market is affected by many factors, such as various countries' attitudes towards cryptocurrencies, which can lead to declines when negative; U.S. financial policies, such as rumors of taxes on the wealthy; and influential figures' opinions on cryptocurrencies, such as statements from Musk. Keep an eye on financial news.
10. Maintain a good trading mindset
Having the right mindset for trading is crucial; don’t panic during significant drops, don't get arrogant during big rises, and secure profits.

1000u quick position change 50000 day one
Second order gained 1181u currently 12413

94642 entered short 94052 closed position gained 600 points

Weekends can be quite exhausting like this, not staying up anymore, clearing positions and taking a rest!!

10,000u Challenge Day 1 of 50,000 (Currently 11,443)
First order gained 1,600u
Weekend market is uncertain, don't be greedy, take the profit first. Made 800 points on the large contract and exited early. The mindset determines the direction, and the direction determines success or failure. Look for opportunities again!! #非农数据大幅超出预期

10000u Quick Replenishment 50000 Sets Sail Again!!
(Forever Public Operations)
Planned to be completed before the Spring Festival, currently 10043u
Follow to stay on track, Yang Dan will take you on the fast lane!!

After trading cryptocurrencies for seven or eight years and accumulating a fortune of 30 million, I want to tell everyone that learning is the most fundamental and basic aspect. Only by strengthening oneself can one thrive in the cryptocurrency world!
1. If your initial capital is not very large, for example, within 100,000, being able to capture a significant market fluctuation once a day is already sufficient. Do not be greedy or hold positions at all times!
2. If you encounter significant positive news and do not sell on the same day, remember to sell the next day if the market opens high. Positive news often turns into negative news when it is realized.
3. News and holidays are also very important. In the face of major events, adjustments should be made in advance (reducing positions or even going to cash). Historically, whenever significant events occur, the market is bound to experience major fluctuations. If you cannot grasp the direction in advance, wait for the market to arrive and follow the trend!
4. The strategy for medium to long-term positions should definitely involve light positions to leave enough room for operation. A stable operation is the best strategy; do not operate with heavy positions.
5. Short-term trading focuses on following the trend, entering and exiting quickly, and avoiding greed and hesitation. In the case of significant market fluctuations, look for suitable entry points. If the market is inactive, stay in cash and wait patiently.
6. When market fluctuations are slow, rebounds are naturally also slow; when market fluctuations are rapid, corresponding corrections will also be quick!
7. If you enter at the wrong point, take timely losses (do not hesitate to hold on). Stopping losses is a form of profit in disguise; preserving capital is fundamental for survival in the market.
8. For short-term trading, always refer to the 15-minute K-line chart. The KDJ indicator can help better capture suitable entry positions.
9. There are countless techniques and methods for trading cryptocurrencies, but the most important thing is still the mindset. A person's mindset is crucial; the cryptocurrency world can easily make you feel the highs and lows, so adjust yourself accordingly. A good mindset already surpasses most people in the cryptocurrency market.

First: Don’t worry about the length of holding time, but pay attention to whether the market has reached its peak.

Second: When the price of the currency rises, if you are obsessed with pursuing higher profits and are reluctant to sell the currency you hold at a high price, the result of greed is often "missing opportunities."

Third: Stop when you are ahead, and keep the results. It takes wit and patience.

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

Fifth: Any greedy investor will regret not buying at a low price or buying too little when seeing a big rise. The main speculators are taking advantage of the psychology of retail investors who are eager to see the rise and pull up shipments.

Such words are often heard in the market, "If I had done this earlier, I would have lost less money", "If I hadn't hesitated, I would have made a lot of money"

Don't be greedy when speculating in cryptocurrencies, remember these advices

First: The purpose of covering a position is not to make a lot of money, but to reduce losses. If you are trapped, don't think about making money back by rebounding, that's asking for trouble. The purpose of covering a position is to reduce losses, don't be confused by temporary entrapment.
Second: Calm market conditions often hide big fluctuations, don't be confused by short-term stability. The market is fickle, and it may change suddenly one day. Remember, there must be a callback after a big rise. Be vigilant when the K-line draws a triangle. If it rises too much, it will definitely callback. Be careful not to be trapped at a high position.
Third: The timing of buying and selling is critical. Remember: buy on the negative line and sell on the positive line. You have to buy bravely when others are panicking, and you have to sell decisively when others are crazy. Experts all operate against the market. Don't sell unless it goes up, don't buy unless it dives, and never take action when it goes sideways. Pay attention to the resistance level in the uptrend and the support level in the downtrend, so as not to panic.
Fourth: Full warehouse is a taboo, flexibility is the key. The currency market is unpredictable, position management is king, and flexible response is the key to success
Article 5: Mentality is very important, greed and fear are the biggest enemies. If you chase the rise and sell the fall, you will only lose more. Only by keeping a calm mind can you gain a firm foothold in the market.

Why do some people profit while others get liquidated in the cryptocurrency market? Here are a few points to consider!
Many people in the crypto space continue to trade even after being liquidated for the following reasons:
1. Speculative psychology at play
1. Desire for quick profits
- People are often attracted by the high returns that contract trading can bring. They see contracts as a shortcut to rapid wealth growth, despite the risks involved. Compared to other investment methods, they believe contracts offer the chance for substantial gains in a short time, and this desire for quick profits makes it hard for them to let go even after being liquidated.
- For example, some see others becoming rich overnight through contract trading and fantasize that they too could be lucky, prompting them to continue investing even after liquidation.
2. Unwillingness to admit defeat
- After being liquidated, many are unwilling to accept failure, believing they were just unlucky or made a mistake, and they will definitely win back next time. This unwillingness to admit defeat drives them to continue trading in an attempt to recoup their losses.
- For instance, someone may get liquidated due to a poor judgment in a contract trade, but they feel most of their market analysis was correct and that unexpected factors caused the failure, leading them to decide to try again.
2. Cognitive biases
1. Overconfidence
- Some investors are overly confident in their trading abilities, believing that after learning and training, they can master the skills of contract trading and thus ignore the associated risks. They think they can accurately judge market trends and achieve profits in a complex market.
- For example, some novice investors, after learning some basic trading knowledge, believe they can engage in contract trading without fully understanding the market's uncertainty and risks.
2. Misunderstanding of risk
- Some people do not fully grasp the risks of contract trading and fail to understand the seriousness of liquidation. They may think liquidation is just a temporary setback without realizing it can lead to significant financial losses or even total bankruptcy.
- For instance, some focus only on potential gains while ignoring risk warnings during contract trading, believing they can control the risks, only to regret it after being liquidated.

For those who have been trading cryptocurrencies for over a year and haven't made 1 million, if you still can't make money after reading these 10 key points, come find me.

After more than 10 years of cryptocurrency trading, here are ten key points summarized:
1. If your capital is not very large, such as within 200,000, catching a major uptrend once a year is enough; never keep a full position at all times.
2. One can never earn wealth beyond their understanding; first practice with a simulated account to develop your true mindset and courage. You can fail an unlimited number of times in a simulated account, but a single failure in real trading could mean everything, and you might distance yourself from the market thereafter.
3. When encountering significant positive news, remember to sell the next day if you haven't sold the same day; the realization of good news often turns into bad news.
4. During major holidays, reduce your position or even go to cash a week in advance; historically, holidays tend to see declines.
5. A medium to long-term strategy is to keep enough cash on hand, sell when the price rises, and buy back when it falls, rolling your positions is the best approach.
6. Short-term trading mainly looks at volume and patterns; actively trade in patterns with significant ups and downs, avoid those that are inactive.
7. A slow decline tends to lead to a slow rebound; an accelerated decline will lead to a quick rebound.
8. Acknowledge when you make a wrong purchase, cut losses in time, and protect your principal; this is fundamental to survival in the market.
9. For short-term trades, always look at the 15-minute candlestick chart; using the KDJ indicator can help find good buying and selling points.
10. There are countless techniques and methods for trading cryptocurrencies; mastering just a few well is sufficient; do not be greedy.

In the cryptocurrency world, there are some little-known facts or tricks that are often overlooked but are very important. Today, let's share a few:
1. Cost dilution is not as simple as it seems
For example, if you invest 10,000 U when the price of a coin is 10 U, and then add another 10,000 U when the price drops to 5 U, your average cost is actually 6.67 U, not the 7.5 U that many people think. This situation is very common in market fluctuations, and understanding this cost calculation method is helpful for managing positions.
2. The power of compound interest is astonishing
Suppose you have 100,000 U and earn 1% daily before exiting. If you can maintain 250 trading days in a year, your assets will grow to 1,323,200 U after one year. Continuing for another two years, the assets could even reach the tens of millions level. Of course, this result is based on stable returns, but the hidden challenge is how to consistently maintain this compounding effect.
3. The relationship between probability and take-profit/take-loss
If your investment success rate is 60%, and you set a take-profit and take-loss at 10% each time, after 100 trades, your total return could reach 300%. But this premise is that you strictly follow your trading plan and are not influenced by market fluctuations, especially maintaining calm in highly volatile markets.
4. Greed is the biggest enemy
If you start with 10,000 U and earn 10% each time, by the 49th day, your assets could reach 1 million U, by the 73rd day, it could break 10 million U, and by the 97th day, there is a chance to exceed 100 million. However, in reality, almost no one can achieve this because most people cannot control their greed during the process, leading to failures along the way. This is why many traders, even when profitable, find it difficult to maintain their gains over the long term.
Contract trading and position management
In contract trading, position management and capital management are key factors determining success or failure. Many people use 20%-30% of their principal as the base position, but I personally prefer to use only 2%-5% and employ 20x leverage. This can effectively control risk and avoid emotional decision-making due to excessive fluctuations.

In the cryptocurrency world, there are some little-known facts or tips that are often overlooked, but they are very important. Today, I will share a few:
1. Cost averaging is not as simple as it seems
For example, if you invest 10,000 U when a coin is priced at 10 U, and then add another 10,000 U when the coin price drops to 5 U, your average cost is actually 6.67 U, rather than the 7.5 U that many people think. This situation is very common in market fluctuations, and understanding this cost calculation method is helpful for managing positions.
2. The power of compound interest is astonishing
Assuming you have 100,000 U and earn 1% daily, if you can maintain 250 trading days in a year, your assets will grow to 1,323,200 U after one year. Continuing for another two years, your assets could even reach tens of millions. Of course, this result is based on a stable rate of return, but the hidden challenge is how to consistently maintain this compounding effect.
3. The relationship between probability and take-profit/stop-loss
If your investment success rate is 60%, and you set a 10% take-profit and stop-loss each time, after 100 trades, your total return could reach 300%. However, this premise is that you strictly follow your trading plan and are not influenced by market fluctuations, especially maintaining calm in a highly volatile market.
4. Greed is the greatest enemy
If you start with 10,000 U and earn 10% each time, by the 49th day, your assets could reach 1 million U, by the 73rd day, you could surpass 10 million U, and by the 97th day, there’s even a chance to exceed 100 million. However, in reality, almost no one can achieve this because most people cannot control their greed during this process, leading to failures along the way. This is why many traders, even when profitable, find it hard to maintain their success over the long term.
Contract trading and position management
In contract trading, position management and capital management are key to success or failure. Many people use 20%-30% of their capital as the base position, but I personally prefer to only use 2%-5% and employ 20x leverage. This effectively controls risk and avoids emotional decisions caused by excessive fluctuations.

The easiest way to make money in cryptocurrency trading is like drinking water once you understand it! The easiest way to make money in cryptocurrency trading! Once you realize it, it's like drinking water! Remember the rules for making money in a bull market!
1. Once the rise begins, it won’t easily end, so don’t be afraid of the big corrections that occur in the early stages. Boldly enter the market; the most troublesome thing is to wait for a lower point, as the longer you wait, the higher it goes, and you miss the opportunity.
2. In a bull market, there are many spikes. If your position isn’t full, try to wait for a pullback and go all in directly. Otherwise, you might get a spike at any moment, which most people can't handle.
3. You must manage your position well; it's best to have layouts in several key sectors. If you put all your funds in one sector and it doesn’t move in the short term while others are rising, it’s very frustrating. If you chase after it, you might get stuck, and after clearing out, it could take off again in just a few days. Many people have encountered this, so either don’t buy, or if you do, hold on firmly. Your coins will eventually rotate, and even the worst coins in a bull market can see five to ten times their value.
4. The market always rises amid divergences; what many people criticize is often an opportunity, and when everyone is optimistic, it can actually imply risk.
5. Don’t always think about making short-term high sales and low purchases. If you exit midway, you will find it hard to return. Playing short-term isn't as profitable as simply holding and letting it grow.
6. Every time there’s a pullback, the market will panic, and people say the bull has run away. The fact is, a bull market must go through at least three to four major pullbacks before it can end. So don’t be afraid; you must have a broader perspective. As long as you hold onto good coins and not garbage ones, even the worst can yield five to ten times. In a complete bull market, making two to three times on spot transactions is nothing unusual.

For those who have been trading cryptocurrencies for over a year and haven't made 1 million, if you still can't make money after reading these 10 practical tips, come find me.
After 10 years of trading, I made 60 million; remember these 10 practical tips.
After more than 10 years of trading, I have summarized the following ten practical tips for trading cryptocurrencies.
1. If your capital is not very large, for example, under 200,000, catching one major upward trend each year is enough; never be fully invested all the time.
2. A person can never earn wealth beyond their understanding. First, practice on a simulated account to develop your real mindset and courage. You can fail an unlimited number of times on a simulated account, but a single failure in real trading might cost you everything and could even lead you to avoid the market altogether.
3. When encountering significant positive news, if you don't sell on the same day, remember to sell on the next day when it opens high. Cashing in on good news often leads to bad news.
4. When faced with major holidays, reduce your holdings or even go to cash a week in advance; historically, markets tend to drop during holidays.
5. The strategy for medium to long-term trading is to keep enough cash on hand, sell high, and buy back when prices drop again; rolling operations are the best strategy.
6. Short-term trading mainly looks at trading volume and chart patterns; trade actively fluctuating patterns and avoid inactive ones.
7. When the decline slows, the rebound will also be slow; when the decline accelerates, the rebound will be quick.
8. Recognize when you make a wrong purchase, cut losses promptly, and protect your capital; this is the foundation for survival in the market.
9. For short-term trading, always look at the 15-minute candlestick chart; the KDJ indicator can help find relatively good buy and sell points.
10. There are countless techniques and methods for trading cryptocurrencies; mastering just a few proficiently is sufficient; do not be greedy.