Having navigated the crypto world for these years, I have seen too many people enter with high hopes, only to leave in disappointment. In fact, the difference often isn't in talent, but in whether you have a reliable trading system. Today, I will share some practical insights.

**Money Management Is the First Priority for Survival**

Don't go all-in at once. Divide your funds into 5 parts, investing only one-fifth each time. What's the benefit of this approach? Set a 10% stop-loss; a single mistake will only cost 2% of your total funds. It would take 5 mistakes to lose 10% of your total funds. Conversely, if you set a take-profit of over 10% on each successful trade, do you think your account will shrink in the long run? Probability theory tells us that this trading method makes risk much more controllable.

**Following the Trend Is Always the Golden Rule**

In a downtrend, every rebound tempts traders to buy the dip. In an uptrend, every dip is a golden opportunity. The question is, is it easier to make money by bottom fishing or by buying the dips? The answer is obvious. Many people like to bet at extreme points, but the market often teaches them a harsh lesson. Following the trend naturally increases your chances of success.

**Beware of Short-Term Parabolic Rises**

Whether it's mainstream coins or small-cap tokens, be cautious of rapid short-term surges. Coins that can sustain multiple major upward waves are rare. After a short-term spike, further gains become significantly more difficult. When prices stagnate at high levels, the momentum naturally weakens, and a decline becomes inevitable. The logic is simple, but many still want to gamble, and the results are predictable.

**Understand MACD and Moving Average Signals**

Using MACD to determine entry and exit points is quite practical. When the DIF and DEA lines form a golden cross below the zero line and then break above zero, it's a relatively safe entry signal. Conversely, when MACD forms a death cross above zero and moves downward, consider reducing your position. As for moving averages: a 3-day moving average turning upward indicates short-term strength; a 30-day moving average turning upward suggests medium-term strength; an 84-day moving average turning upward signals a main upward wave; and only when the 120-day moving average turns upward does it indicate a truly long-term trend.

**Beware of the Pitfall of Averaging Down**

The more you lose, the more you try to average down; the more you average down, the more you lose—this is perhaps the most common self-destructive behavior in crypto trading. Many people find themselves in a deadlock because of this. Remember one ironclad rule: never add to a losing position; only increase your holdings when you're in profit. These two actions seem similar but have vastly different risk levels.

**Volume Is Key to Breaking the Deadlock**

Volume is the soul of the crypto market. Pay close attention to volume surges during consolidations at low levels. But if volume surges at high levels without a price breakout, it's time to exit decisively—don't wait for miracles. Volume and price action together are often more informative than just price trends alone.

**Trade Only in Upward Trends**

Focusing solely on rising assets greatly improves your chances of success and saves time from getting caught in choppy markets. An upward trend is naturally friendly to bulls; why fight the trend with bears?

**Review and Reflection Are the Steps to Progress**

After each trade, review your performance. Check whether your initial logic still holds, whether the weekly candlestick patterns align with your initial judgment, and if the overall market direction has changed. Adjust your trading strategy promptly and avoid stubbornness. Cultivating this habit will gradually refine your trading skills.

There are no shortcuts in trading—just manage risk carefully, master technical analysis thoroughly, and keep a proper mindset. Take it step by step, and time will reveal the answers.