Newbie Trading Tips:

1. Buy sideways, avoid vertical: Choose to buy cryptocurrencies that are in sideways consolidation or after a dip, and avoid chasing prices during a straight upward surge. Sell when the market is bustling and sentiment is high.

2. Continuous small increases are real increases: If the price of a cryptocurrency rises slightly and consistently, this is usually a signal of a real increase; however, continuous large increases should raise caution for a pullback risk, and you should exit in time.

3. Significant surges need a pullback: After a significant price surge, there is often a pullback. If there isn't a deep dip during the pullback, it might be a good buying opportunity.

4. Acceleration in the main rise indicates a peak: When the price enters a main upward wave and accelerates, it often indicates that a peak is approaching. At this time, sell decisively to avoid being trapped.

5. Sudden drops with low volume are intimidation: If the price drops suddenly but the trading volume is low, this usually indicates that major funds are intimidating retail investors. There is no need to panic; you can patiently wait for a rebound opportunity.

6. Gradual drops with increased volume require quick exit: If the price is slowly declining with increased trading volume, this usually signals that major funds are offloading. At this time, exit decisively to avoid larger losses.

7. Price breaking the lifeline: When the price breaks significant lifelines (like moving averages, trend lines, etc.), do not hesitate and take decisive swing trading actions.

8. Pay attention to daily and monthly charts: By carefully observing daily and monthly charts, you can better grasp market trends and the movements of major funds. Building positions in line with major funds often yields better returns.

9. Price increase without volume is a trap: If the price rises without accompanying trading volume, this usually indicates that major funds are luring in buyers. Do not blindly follow the trend to avoid being trapped.

10. Low volume new lows indicate a bottom: If the price reaches new lows with decreasing volume, this usually signals a bottom. At this time, you can gradually build positions, waiting for a rebound opportunity to come.

The simpler things in the cryptocurrency world are often the more effective. These tips are the crystallization of wisdom; learn and remember them, and flexibly apply them in practice, which will definitely help you avoid many detours.