Having been in the crypto space for ten years, from a complete rookie who knew nothing to earning 2 million through a set of "rigid methods," I’ve hardly stepped into any major pits. These lessons are all earned through real money lost—newbies should definitely save this, and following this approach can save you a lot of detours.

When I first entered the scene, I was just following the crowd and buying recklessly, ending up with a complete loss. Only later did I realize a fundamental truth—trading coins is not about luck, but about discipline and execution.

My method boils down to four words: Strictly follow the rules.

**Logic of Reading the Lines**

For short-term trading, focus on the 5-day moving average; if the price stays above it, keep holding. If it drops below, sell immediately. For mid-term, look at the 20-day moving average, with the same logic. The key is not to overthink—just execute. When a major upward wave just forms and volume hasn't fully picked up, buying decisively at this moment often allows you to catch the most profitable segment.

If volume continues to push upward, hold steadily. If volume shrinks but the trend line isn’t broken, I also choose to hold. But once volume increases and breaks the trend, you must quickly reduce your position—don’t try to bottom fish. This method has helped me capture many big trends.

**Stop-Loss is the Moat**

I set strict rules for myself: if I enter a short-term position and there’s no action within three days, I close it; if losses reach 5%, I stop out unconditionally—no wishful thinking to turn the tide.

Once, I was greedy and didn’t cut losses in time, ending up deeply trapped. That lesson made me change this bad habit completely. Another situation to be especially cautious about—if the coin price drops 50% from a high and continues to decline for over 8 days, it enters an oversold zone. At this point, a rebound could happen at any time. You can try a small position to probe, but never go all-in—that’s gambling.

**The Leading Coin Is Always the Leader**

Trading crypto requires recognizing the leader. The coins with the most explosive gains and the strongest resilience during declines are the ones with real backing. Many people hesitate to buy because the price is high, but that’s a misconception. The core isn’t about buying cheap, but about entering at high levels and exiting at even higher levels.

Follow the big trend; the buying price isn’t necessarily lower the better. The key is timing. I learned the hard way about "bottom chasing" early on. Now my strategy is simple—abandon weak coins and only follow the trend of strong ones.

**Holding Cash Is Also a Way to Make Money**

Many people don’t understand why I often choose to stay out of the market. Honestly, protecting capital always comes before making money. Trading is about success rate, not frequency of operations. If you’re not confident, don’t force trades—better to wait for the right opportunity.

Every time I make money, I review carefully—was it luck or skill? Did I truly understand the logic behind this operation? Only by doing this can I gradually build my own trading system and achieve long-term stability.

After ten years, my deepest insight is: patience and discipline are worth much more than intelligence. I used to stumble around in the dark; now I have a lamp in my hand. This lamp keeps shining, illuminating everything clearly.