After ten years of struggling in the cryptocurrency world, turning a principal of several hundred thousand into a living through trading, I have experienced a lot of ups and downs along the way.

Today, I want to share the experiences and lessons I've learned over the years, hoping to inspire you a bit.

Firstly, capital management is very important. I divide my capital into several parts, investing only a small portion each time. This way, even if I make the wrong judgment, it won’t be devastating.

Secondly, set your stop-loss points well, and when it hits, exit decisively without hesitation. Also, go with the trend. During a decline, a rebound might be a trap for more buyers; during an uptrend, a pullback could be a good buying opportunity. Follow the market, don’t go against the trend.

Be cautious with those that have a short-term surge. They carry high risks, and once you miss the best buying opportunity, it’s easy to get trapped at high levels. Instead, look for those that are steadily rising and have great potential. Although you won’t get rich overnight, they are stable.

During trading, you should also use technical indicators. MACD and the relationship between volume and price are what I often use. They help me better grasp the market rhythm and find the best entry and exit points.

Stick to reviewing trades, summarizing and reflecting on them daily, constantly optimizing strategies. Don’t follow the crowd; find a method that suits you to establish a foothold in the cryptocurrency world.

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