Having been in the circle for 8 years, relying on steady position management and trend judgment, I grew my initial capital from 20,000 to over 20 million. This method may seem simple, but executing it requires discipline. A disciple used the same approach and doubled his funds within three months, indicating the direction is correct.

**Position management is the first line of defense**. Divide your funds into 5 parts, investing only one-fifth each time, so even a single loss is manageable. Set a 10% stop-loss; a mistake at most loses 2% of total capital per error. Even with 5 mistakes, only 10% is lost. For profits, set a take-profit point above 10%, so you're not afraid of being trapped—trading becomes a game of probability rather than gambling.

**Following the trend is the key**. Rebounds in a downtrend are often trap setups; true opportunities occur during pullbacks in an uptrend. Buying low is always more reliable than bottom-fishing. Many people chase short-term rapid gains in coins, whether mainstream or altcoins, but very few can sustain several main upward waves. After a short-term surge, the momentum often weakens; after stagnation at high levels, a decline is inevitable. Instead of gambling on luck, wait for the next opportunity.

**Technical analysis reference**. A golden cross on the MACD below the zero line and breaking above zero is a relatively safe entry signal; when a death cross forms above zero, reduce your position decisively. Volume and price relationship is also crucial—pay close attention to volume breakout after consolidation at low levels; at high levels, if volume increases but price stagnates, consider clearing your position.

**Key point: Never add to a losing position**. Many retail traders have the bad habit of adding more when losing, which only worsens the situation. Adding to positions should only be done when in profit; the correct choice during a loss is to cut losses and exit promptly.

**Use multi-timeframe moving averages to judge trend**. A turn in the 3-day moving average indicates short-term opportunities; a turn in the 30-day moving average signals the start of a medium-term trend; a turn in the 84-day moving average suggests the arrival of a main upward wave; a turn in the 120-day moving average signals a long-term bull market. Only trade coins in an uptrend to maximize success and avoid wasting time.

**Stick to daily review**. Check whether your holding logic still holds, observe weekly K-line trends to see if they match your previous predictions, and adjust your trading strategy promptly based on market changes. This can effectively prevent falling into wrong trend traps.

Consistent success is not achieved overnight; the key is to repeatedly execute the correct methods.