In the evening, I chatted with a friend who has been trading cryptocurrencies for many years. He has been in the market for 8 years, starting with 100,000, and now trades cryptocurrencies for a living! He said that the two key insights that ultimately changed his fate were his own summarized experiences. The points are brief but highly valuable, and I hope all retail investors can deeply understand them; I recommend saving this.

1. If your principal is less than 100,000 and you are a short-term trader, remember that short-term does not mean trading every day. If you are not confident, take a break! When the altcoins are active, fully invest in the leading stocks of the mainstream sectors. If there is no obvious continuation trend, staying in cash is the best defense.

2. Before a main upward wave forms, there is usually a small fluctuation with a price movement of -3% to 8%, characterized by small red and green candles with reduced volume. Set the average volume line parameter to 135. During fluctuations, the volume should remain below the average volume line, and not reach the full average volume line. This is a characteristic of the main force's high control. However, the premise is that the coin price must be at a low level. Once this situation occurs, the market will likely take off in the following period.