I met an old senior, who entered the crypto world with 80,000 yuan, and now has a market capitalization of 2.8 million. He once said something to me that enlightened me.

He said: "The crypto world is a market full of rabble; you just need to control your emotions, and this market is an ATM!"
My experience is that if you want to make money in the crypto world, there are a few points:
1. Don't make small profits, and don't lose big money.
Eight simple words, which are actually very difficult to achieve. For example:
You opened a position at 20,000, and it went up to 21,000 right after, making you very happy. You took profit and earned 5%, feeling great, but then the market kept rising to 25,000... You made 5% but missed out on 50%;
Then you tell yourself to make big money, this time you will definitely not take profits, then the market returned to 20,000, you opened another position, and after opening it rose to 21,000. You tell yourself to learn from the last lesson and hold on to make big money, but the market returned to 20,000 and even dropped below 20,000 to 19,500, and you cut your losses.
Many people spend their whole lives continuously switching between this dilemma, unable to break free.

2. Only choose the mainstream coins that have dropped significantly and are starting to gradually rise. First, throw in 10% of your position as a base and avoid those flashy new coins. Don't guess where the bottom is; just wait until it steadily stabilizes before taking action. It's simple, but it's solid.

Third, wait for it to confirm it is moving up, then add 20%-30% during the pullback.
Others always want to buy at the bottom, but I prefer not to -- I'll add to my position when the trend is stable, even if it's a bit expensive, it's better than getting stuck halfway up the mountain.

4. Each time there is a rise, first take out the principal and half of the profit, and let the remaining amount fluctuate as it pleases.
No matter how crazy the market gets, sell when it reaches the line you drew, and never be greedy. Money in your pocket is the real profit. With this simple method, I helped a brother who lost over 600,000 last year. In just six months, not only did he break even, but he also got an extra BMW X3.
It's not that I'm bragging, but the crypto world is not lacking in smart people; what's lacking are the "foolish people" who can control their hands and endure. While everyone else is chasing the highs and cutting the lows, if you follow the trend step by step, you might actually pick up the money others have dropped.