I entered the cryptocurrency world in 2017 at the age of 1993, and by 2024 my assets have reached over 40 million.

Today, I would like to share a few trading strategies I've summarized from my 10-year journey in the crypto space.

What is your profitable trading mindset?

The essence of trading is: stop loss for mistakes, hold on for successes, small losses and big gains, make big profits and losses. Specifically for each core aspect: Trend-following: find a simple moving average to differentiate between long and short positions; go long above it, short below it. Opening a position,

Trial position: act according to the trend, follow the big trend against the small trend; when entering a position, consider a potential large profit-to-loss ratio; if you enter at this position and are wrong, the stop loss is small, but if you're right, the profit is significant, generally at the bottom or early stage of the trend. Opening a position,

Stop loss: if the key point is breached, you must stop loss, no room for luck. If the price comes back, you can look for another opportunity to enter. Do not have a lucky mentality, thinking it might bounce back, nor should you average down on losses. Adding positions: add to a profitable position; adding positions is the core of making big money. After the price rises as expected and then corrects, add to the position at the support level where the correction stops or at the previous high breakout, following the big trend against the small trend. After adding positions, set a stop loss at a new key point. The base position is already safe, and only the additional position has stop loss risk. If it fails, stop loss the added position and wait for the next opportunity. If it continues to rise, hold firmly, continue to wait for a correction to add positions, and continue to move the stop loss. Until the last move is stopped out or a head signal appears to take profit.

Taking profit: never take profit lightly at any time; this is the key to making big money. Exiting can be in batches or all at once, preferably all at once, as it allows you to wait for the highest probability head signal. If it is right-side trading, floating profits will definitely pull back; you must accept this mentally. Do not think about selling at the highest point, or if you didn’t sell at the highest point, feeling like you lost and waiting to sell at the highest point. As long as you can master and consistently follow these principles in practice, you will find that making money is a natural outcome.