In the cryptocurrency world, after years of struggling, when I first entered the market, I lost everything. In between, there were both losses and gains, and now I rely entirely on cryptocurrency to support my family!

I am not here to flaunt wealth; I just want to share my practical experience with everyone, hoping it will help you. If you learn well, it will be difficult for you to incur losses.

1. If the market crashes and the coins in your hand don't drop much, it indicates that there are market makers supporting the price behind the scenes. Hold onto such coins; there will definitely be profits ahead!

2. Newbies should remember when trading: Understand macro information, for short-term trading, focus on the 5-day moving average; if the price is above it, hold on, if it breaks, run quickly; for medium-term, watch the 20-day moving average, the same principle applies. Don't get caught up in fancy tricks; once you've made a decision, act decisively!

3. If you bought a coin that hasn't moved for three days, quickly switch to the next one. If it drops after your purchase and you lose 5%, don't hesitate; cut your losses immediately!

4. There was a coin that was halved from its peak and then fell for nine consecutive days; it has already dropped significantly, and a rebound is imminent. At this moment, get on board decisively!

5. When trading coins, chase the leaders. The one that rises the most is the leader, and it is also the most resilient. Don't be afraid to buy just because the price is high, and don't catch falling knives just because it has dropped; the leader is to be chased for gains and losses!

6. Don't always think about bottom fishing. Coins that are falling are like jumping off a building; there is no bottom line. Cut losses when necessary; following the trend is key. It’s not about buying cheap, but about timing!

7. Don’t get carried away just because you made some money. Earning once is easy; the hard part is making money every day. After each gain, reflect on whether it was your skill or just luck. Developing your own trading strategy is the way to go!

8. When uncertain, stay in cash. It’s not shameful to hold cash; losing money is shameful. Remember, you are here to preserve capital, not to become a gambling god! Trading is not about speed; it's about the success rate and risk-reward ratio!

The cryptocurrency market is full of uncertainties and challenges, but it also contains potential opportunities. Investors participating in cryptocurrency investments should fully understand the associated risks, remain calm and rational, and adopt a prudent strategy to cope with market changes!