Ten Tips for Trading Cryptocurrencies!

1. There isn't much capital, for example, within two hundred thousand; in a bull market, catching two or three big rallies is enough, don't always think about being fully invested. Be brave enough to go to cash, wait for opportunities, and use the profits to bet on the next big rally.

2. One can only earn money they understand. First, practice with a simulated account; both mindset and courage are essential. If you lose in a simulated account, you can try again; losing once in a real account might be the end, or even force you out of the market.

3. When major good news is released, it's okay not to sell on the same day, but if there's a high opening the next day, be quick to sell, as good news often turns into bad news.

4. One week before major holidays, reduce positions or go to cash; markets usually drop during holidays.

5. For medium to long-term trading, keep cash on hand; sell when prices rise, buy when prices drop, and trade back and forth.

6. For short-term trading, watch trading volume and patterns; if the patterns are active, take a bullish position; if not active, don't engage.

7. Slow declines lead to slow rebounds; fast declines lead to fast rebounds.

8. If you buy incorrectly, admit it, and cut losses in a timely manner; preserving capital is the key.

9. For short-term trading, look at the 15-minute K-line chart; the KDJ indicator can help you find good buying and selling points.

10. There are countless trading techniques; mastering a few practical ones is enough; don't be greedy and bite off more than you can chew.