Eight years ago, when I put all my savings of 20,000 into the cryptocurrency account, my hands were shaking.

Now the account has reached tens of millions, and I feel quite calm. What has truly changed me along this journey is not how much money I've made, but how I learned to survive in the market and then slowly increase my earnings.

First, let's talk about capital management.

I basically do not operate with a full position, using only 20% of my capital each time. There are always market opportunities, but the principal is only available once; if it's gone, then nothing is left.

Stop-loss is an iron discipline.

Control single trade losses within 10%; if it touches, execute directly without hesitation. Even if I make five consecutive wrong judgments, the most I lose is half of my capital, but as long as I seize one trending market, I can quickly recover the losses. Many people lose by thinking 'just wait a little longer,' while my ability to survive relies on 'cut losses when needed.'

In trend trading, I have a very clear principle: do not bottom fish.

Guessing the bottom during a downturn is essentially catching falling knives. I will only wait for the trend to emerge and then find opportunities to enter during the pullback. The direction has already been validated by the market, so the win rate is naturally higher.

I basically won't touch those coins that can double in value in a day.

Many things that look like opportunities are actually just the main force driving up prices to find a buyer. Rather than betting on such uncertainty, I prefer to miss out than to become the last buyer.

In terms of indicators, I use a very simple one, with the core being: MACD.

I only consider entering when a golden cross appears below the 0 line and breaks above it; once a death cross appears above the 0 line, regardless of whether I’m currently in profit or loss, I will choose to reduce my position or even exit.

Trading does not rely on predicting the future, but rather on following trends that have already occurred.

There are also principles for adding positions.

Adding to a losing position only amplifies the error. Only increasing the position under the condition of profit is a true way to follow the trend and maximize profits.

If the price breaks out while the trading volume significantly increases, it indicates that funds are driving it, and this kind of market is likely to enter a main upward trend, making it worth following.

After summarizing over the years, it's actually just three points: follow the trend, control losses, and have patience.

When multiple time period moving averages resonate upwards, hold with confidence; once the structure weakens and the trend reverses, exit decisively.

There is no so-called 'holy grail' in trading; what truly determines whether you can make money in the long term are only two things—discipline and execution ability.