# 10 Practical Tips for the Cryptocurrency Market: Each Word is Worth a Thousand Gold, Understand to Avoid Losing Millions

1. Only trade mainstream coins, with small funds not exceeding 3 targets, holding expensive positions instead of many.

2. Trend is king, enter again when the 30-day moving average is upward, do not chase when in a downward trend.

3. Stop-loss must be set and not adjusted, decisively exit at a 10% loss, luck is the prelude to liquidation.

4. Increase positions only on profitable trades, averaging down on losses means getting stuck deeper.

5. Short-term trading consumes capital, long-term trading earns big money; frequent trading is just working for fees.

6. Enter with spare cash, do not borrow money or use leverage, preserving capital is the only chance.

7. Sell when there's high volume and stagnation at high levels, and follow when there's a breakthrough on high volume at low levels.

8. If there’s no fluctuation for more than 6 days in a sideways market, decisively change positions to avoid wasting time and costs.

9. Stop immediately when emotions collapse, calmness can save you more than stubbornness.

10. Do not inflate in a bull market, do not panic in a bear market; respect the market for longevity.