Having been in this market for over ten years, I’ve experienced countless losses and pitfalls, too many to count. But it’s precisely these failures that have helped me gradually understand the underlying logic of how this market operates. Today, I want to share some real insights with friends who have been in the market for a year and are still in loss—this isn’t some motivational hype, but practical experience that can help you survive.

**Small Funds Must Learn to Wait**

With less than 200,000 yuan in capital, don’t think that frequent trading can quickly double your money. Just catching one major upward wave in a year is enough to cover your annual costs. The problem is most people can’t control their impulses and always want to make a profit on every fluctuation. You need to understand that you’re not a market maker and can’t afford to try and error so many times.

**Practice Your Mindset on a Demo Account First**

Fear, greed, hesitation—these emotions are the real killers. Losing 100 times on a demo account doesn’t matter; it’s fake money anyway. But even one major mistake on a real account could mean a total wipeout. So, repeatedly practice in a simulated environment until your reactions to volatility become muscle memory.

**Good News Often Means a Selling Point**

You’ll notice an interesting phenomenon: after major positive news, prices spike and then start to fall back. Why? Because big players have already positioned themselves early; good news is their opportunity to unload. When the good news is finally realized, it’s often the market’s watershed moment. Recognizing this early can save you a lot of losses.

**Manage Risks Before Holidays**

Start reducing your positions a week before holidays, even consider clearing your entire portfolio. History shows that holidays never give retail investors free money; instead, they often bring sudden risks. Liquidity drops, information lags, and any small disturbance can trigger a sharp decline.

**Long-term Holding Requires Rolling**

“Rolling” is a concept most people overlook. It doesn’t mean frequent trading, but maintaining flexibility with cash flow. When prices rise, trim some positions; when panic selling occurs, buy back in batches. If you stubbornly hold without adjusting, you’ll likely end up as a bagholder.

**Only Trade Coins with Volume in Short-term**

Trading volume and volatility are the first filters for selecting targets. Coins with low liquidity and gentle price movements aren’t worth wasting energy on. The market always rewards those with high participation and active trading.

**The Rhythm of Decline Determines the Strength of Rebound**

Careful observation reveals that markets with slow declines tend to rebound very slowly, as investors hesitate; but during rapid drops, once support is touched, rebounds can be fierce. Different market rhythms require corresponding adjustments in your trading strategies.

**Stop-Loss Is the Best Protection for Your Capital**

Your principal is your greatest capital. Opportunities are everywhere every day; missing one isn’t a problem. The real issue is holding on—if you stubbornly hold through losses, you give the market full control. Cut losses when you’re wrong; this isn’t giving up, but saving bullets for the next opportunity.

**For Short-term Trading, Watch the 15-minute Chart**

If you’re doing short-term trading, the 15-minute K-line is essential. Combine it with basic candlestick patterns and KDJ indicators to find entry and exit points. This combo is enough. Don’t get distracted by a bunch of flashy indicators; simplicity is often the most effective.

**Method Doesn’t Matter Much, Repetition Does**

There are countless technical schools selling secrets, but successful traders usually master only two or three reliable methods. Consistent compound returns don’t come from novelty or innovation but from perseverance and focus.

The market will never go easy on you just because you work hard, but it will reward those who are disciplined, willing to admit mistakes, and can survive longer. Surviving in this market is never about luck; it’s about the right mindset and long-term consistent execution. As long as you stay alert, stick to your discipline, one day you’ll see your account gradually recover from losses and ultimately transform.