The cryptocurrency market is like a turbulent sea, full of challenges for newbies. After years of exploration and learning, I have gradually grown from a novice who just entered the crypto world to an experienced trader. Today, I want to share five practical trading tips, hoping to provide some guidance for friends who have just entered this field.

First, it is crucial to determine the trading cycle and trend cycle. Before trading, be sure to clarify your operating time frame and observe the trends of larger time cycles. For example, if you focus on the 15-minute candlestick chart for trading, you should first analyze the overall trend of the 1-hour candlestick chart.

Secondly, going with the flow is the key to success. Learning the basic moving average analysis methods can help you determine market trends. Remember, do not easily go against the trend before a clear change occurs.

Third, pay attention to key price levels and choose suitable trading targets. Support and resistance levels are important technical indicators. For newbies, it is recommended to start with mainstream coins like Bitcoin and Ethereum, as these coins have better liquidity and relatively stable price trends.

Fourth, use a stop-loss strategy to determine position size. For example, if you can accept a maximum loss of $100 and the current price has a 5% buffer to the stop-loss point, then the appropriate position size would be $2000. This method can help you better control risk.

Finally, patiently wait for clear trading signals. For example, when the price drops to a key support level and shows signs of a rebound, wait for the K-line closing confirmation of the trend cycle before entering the market. Remember, opportunities will always arise again, so do not rush into impulsive trades.

These tips are the experiences I have summarized over the years of navigating the Crypto Assets market. I hope to provide some valuable references for the newbies who have just entered this field. The Crypto Assets market is full of opportunities but also comes with risks, so please always maintain a cautious and rational attitude.