After ten years in the crypto world, with six years focused on Digital Currency Trading, I have accumulated over 3100 days of practical experience. From long term to short-term, from ultra-short-term to swing trading, I have tried almost all trading strategies, which has given me a deep understanding of trading in the crypto world.

I often say that mastering a skill requires following the 10,000-hour rule. By investing 8 hours a day and consistently analyzing the market for over 200 days a year, it would take about 5 years to achieve stable profits. But that's just the beginning. Considering the uncertainty of the market, I recommend that within the first ten years of entering the field, you should not exceed your capacity to bear losses with your investment principal.

It is worth noting that while we often hear success stories of people starting with tens of thousands and eventually accumulating assets worth tens of millions or even billions, this often involves high-leverage contract trading. However, under the impact of a bear market, many of these "successful individuals" ultimately find it difficult to escape the fate of losses. This reminds us that when facing the larger trends of the market, human weaknesses often affect our judgment.

In Digital Currency Trading, some seemingly insignificant points of knowledge are actually crucial. For example, understanding the true meaning of cost averaging. Many people make mistakes when calculating average costs, such as when you buy at 10U and then add to your position at 5U, the actual average cost is 6.67U, not simply 7.5U. Correctly understanding this is essential for effective position management.

Another aspect worth paying attention to is the power of compound interest. Suppose you have a principal of 100,000 U, and you can consistently earn a return of 1% every trading day. If you can maintain this pace for 250 trading days, your assets will grow to 1,323,200 U after one year. Continuing for another two years, you may even hope to break through the 10 million U mark. Of course, this ideal situation is difficult to sustain in reality; the key lies in how to maintain a stable return in a volatile market.

Investing in Digital Money requires long-term learning and practice. Only by continuously accumulating experience and enhancing risk awareness can one stand firm in this market full of opportunities and challenges. For beginners, cautious management of funds and continuous learning and adaptation to market changes are the foundations of success.