The speed of time in the crypto world is astonishing, with changes in a single day comparable to a decade in the real world. This is a battlefield that never rests; some become rich in a short time, while others go to zero in an instant. However, what truly determines fate is not market fluctuations, but the cognitive stage you are in.

I have been in the cryptocurrency space for ten years. When I first entered, I suffered significant losses, but after experiencing ups and downs, I can now sustain my family's livelihood through this. Here are a few experiences to share:

When the market declines while a certain cryptocurrency remains relatively stable, it often indicates strong support behind it. Such coins are worth holding, as they may experience significant growth in the future.

Novice traders should pay attention to macro information, use 15-minute and daily charts for short-term operations, hold positions as long as the price stays above the line, and exit quickly if it falls below; for medium-term, focus mainly on daily trends. Once a strategy is determined, it must be executed decisively.

If there is no significant change in short-term investments for three days, it is recommended to change the target. If there is an immediate drop after investing and losses reach 5%, do not hesitate to execute a stop-loss.

When a coin experiences a continuous drop for nine days after reaching a high point, it often approaches the bottom, and the opportunity for a rebound is near. At this time, one may consider accumulating.

Cryptocurrency trading should focus on market leaders, as they typically have the strongest upward momentum and resilience against downturns. Don't shy away just because of high prices, and don't blindly buy in after a significant drop; leading assets need to follow the trend.

Do not be obsessed with the mindset of buying the dip; the downward trend may have no bottom line. What is important is to follow the market trend. Successful investing is not about buying at a low price, but about seizing the right timing.

Don't be complacent with small profits; maintaining stable profits is the real challenge. After each gain, you should reflect on whether it is due to your own ability or luck, and establishing a personal trading system is the most crucial.

In the face of an uncertain market, maintaining a cash position is a wise move. Remember, the purpose of investing is to preserve capital and achieve appreciation, not gambling. Trading is a competition of success rate and risk-reward ratio, not the speed of execution.

New coins often attract capital inflow and drive up prices due to high market attention in the early stages. However, if there is a lack of solid foundational support, a change in market sentiment may lead to a sharp price drop.

The essence of the cryptocurrency sphere is the game of information and capital. Without cutting-edge news and first-hand data, it is difficult to establish a foothold in this market.