"8 Years, From 90,000 to 20 Million, It Wasn't Luck That Got Me Here, But These 7 Iron Rules"

In 2017, I invested 90,000 yuan, and 8 years later my account reached 20 million.
It's not about fate, nor about getting rich quickly, but about gaining real trading experience step by step.
If you still treat the cryptocurrency market like a casino, you won't last long. The core of making real money is always managing your positions well and understanding the trends clearly.
The following 7 points are the key insights I've summarized from countless pitfalls I've encountered:
1️⃣ Split position operation, always only move a small portion of funds.
The funds are divided into 5 parts, with only 1 part being moved at a time.
If you lose 10% on a single trade, stop loss immediately, without hesitation or averaging down.
2️⃣ Trade with the trend, don't seek thrills against the trend.
Don't blindly buy the dip; if the trend weakens, don't force it.
Finding pullback opportunities during an upward trend is the right approach.
3️⃣ Don't chase popular coins; preserving your capital is the only way to have a chance of recovery.
Don't touch the "internet celebrity coin" that is skyrocketing; the risks far outweigh the rewards.
Better to miss out than to chase high prices.
4️⃣ Use MACD well to assist in determining entry and exit points.
A golden cross below the zero axis is a buy signal.
A death cross on the zero axis is a reminder to reduce positions.
Matching trend judgment is more reliable.
5️⃣ Increase positions when profitable, reduce positions when losing, do not average down.
Only profitable positions are worth adding, while losing positions should be decisively cut.
Let profits soar and do not let losses drag you down.
6️⃣ Breakthroughs need to have volume to be reliable.
A significant volume breakout at the bottom is often a signal for the start of a new trend.
If there's no volume, it could very likely be a fake move.
7️⃣ The 30/84/120-day moving averages are in a bullish arrangement, signaling a great opportunity.
As long as these three moving averages line up bullishly,
often indicates that the midline market is about to start.
The last sentence is for you:
In the cryptocurrency world, it's not about getting rich overnight, but whether you can survive for a long time.
Maintain your positions, focus on the trends, act less and observe more, that is the true way.