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Have you been in the crypto circle for over a year without turning things around? My experience might give you some inspiration. Eight years of trading, from losses to profits exceeding ten million, I’ve summarized the pitfalls, blown positions, and bloodshed into ten rules.
**Don’t be greedy when your capital is small**. If you only have a little over ten thousand yuan, full position trading is slow suicide. One major upward wave in a year is enough; the rest of the time, learn to wait. Waiting itself is a skill to make money.
**Your earnings depend on your cognitive ceiling**. Demo accounts allow unlimited trial and error, but real trading can’t withstand messing around—one big mistake can knock you out. Practice your mindset with a demo first; this step is essential.
**Positive news triggers reversals**. If there’s no rise on the day of a major announcement, be cautious the next day with a high open; exiting promptly is more important than anything. #数字资产行情上升 $BTC Pay special attention to such assets.
**Holidays are traps**. History repeatedly proves that reducing or clearing positions before holidays is correct; this is not just experience, but blood lessons.
**The key to medium and long-term is to keep enough ammunition**. Buy high and sell low, cycle operations, always keep cash on hand. Expecting to eat the whole wave is a dream; it’s the script of big players, not retail traders’ game.
**Only focus on active coins for short-term**. Coins with sparse trading volume and dull charts waste time and hurt your mentality—skip them directly.
**The pace of decline determines the strength of the rebound**. Slow, gradual declines can wear you out, but accelerated drops often lead to fierce rebounds. Getting the rhythm right is more valuable than anything.
**Cut losses decisively if you buy wrong**. As long as your principal is still alive, opportunities are always there. This is the bottom line for surviving in the market.
**15-minute charts combined with KDJ can save your life**. Short-term traders should learn this combo; the best buy and sell points are often hidden here.
**Master one method thoroughly than learn ten**. There are countless technical indicators, but only one or two are truly profitable. Instead of greed, focus on refinement.
Each of these ten rules is earned with real money. Avoiding detours essentially means making money. When the crypto market rebounds, these rules can help you avoid big pitfalls.