How do retail investors speculate on Cryptocurrency Trading?

I know an old predecessor, who invested 100,000 yuan in the cryptocurrency trading, and now it has a market value of 42 million. He once said to me a word, let me raise my glass. He said: “In the cryptocurrency trading market, it's all retail investors, as long as you control your emotions, this market is an ATM!"
In the currency circle, trading strategies are your "secret weapon". The following rhymes are the crystallization of practical experience, hurry up and collect them!
Getting Started: Testing the waters in the cryptocurrency circle, prepare to take the lead; enter steadily, refuse to rush.
Sideways Market: Buying heavily at the low-level consolidation to catch the bottom; selling decisively without hesitation when the high-level consolidation rises again.
Volatility: sell high, buy low; dive in quickly when the market falls sharply; reduce trading while observing the market sideways. A sideways market means that it may not fall, so hold onto your chips tightly, as a surge may happen in the next moment; be cautious of a sharp drop during rapid surges, and be prepared to take profits at any time; a slow decline is a good time to gradually increase positions.
Timing of Buying and Selling: Do not buy at the high, do not sell; do not panic sell, do not buy; when the market is sideways, do not trade. Buy on the bearish candle, sell on the bullish candle, operate contrarily to stand out. Buy in the morning when there is a big drop, sell in the morning when there is a big rise; do not chase high when there is a big rise in the afternoon, buy the day after a big drop in the afternoon; do not cut losses in the morning if there is a big drop, stay put when there is no rise or fall; averaging down when locked in to break even, excessive greed is not advisable.
Risk Awareness: Calm waters may bring high waves, with potential for big waves to follow; a significant rise will surely see a pullback, forming a triangle pattern on the K-line over multiple days. Look for support in an upward trend, and resistance in a downward trend. Full-position trading is a big taboo, stubbornness is not advisable; in the face of uncertainty, know when to stop, and seize the opportunity to enter and exit. Cryptocurrency Speculation is essentially a mental game, greed and fear are major enemies; be cautious in chasing highs and selling lows, and stay calm and composed for peace of mind.
In addition to mnemonics, I have also organized several super practical trading methods, which can benefit both novices and experienced players.
Range trading strategy: Most of the market is in a range-bound pattern. Taking advantage of high selling and low buying between the boxes is the basis for stable profits. With the help of the BOLL indicator and box theory, combined with technical indicators and chart patterns to identify resistance and support accurately. Follow the principles of short-term buying and selling, and avoid greed.
Breakthrough trading method after the market reverses: After a long period of consolidation, the market will choose a direction. Entering after the reversal can quickly profit. However, it requires accurate judgment of the market reversal, maintaining a stable mentality, not being greedy or fearful.
Unilateral trend trading method: After the market breaks through the consolidation, a unilateral trend will be formed, and trading with the trend is the key to profitability. Enter trades during pullbacks or rebounds, referring to indicators such as candlesticks, moving averages, Bollinger Bands, trendlines, etc., and skillful application is essential for smooth trading.
Resistance Support Order Method: When the market encounters key resistance and support levels, it often faces resistance or gains support. At this time, entering orders is a common strategy. Using trend lines, moving averages, Bollinger Bands, parabolic indicators, etc., accurately determine resistance and support levels.
Callback rebound trading method: There will be a brief callback or rebound after a significant rise or fall, seize the opportunity to easily profit. Mainly based on the judgment of candlestick patterns, a good grasp of the market sentiment can help you accurately capture the highs and lows.
Time period trading method: The morning session and afternoon session have small fluctuations, suitable for conservative investors. Although the time to profit from placing orders is long, the advantage lies in the easy grasp of the market conditions; the evening session and early morning session have large fluctuations, suitable for aggressive investors. It allows for quick profits but is challenging, requiring strict technical skills and judgment ability.