In the crypto world, mindset always outweighs technique.

Chasing rebounds, waiting to be rescued from losses, refusing to cut losses—these are the standard combinations for liquidation. The market's biggest fear isn't necessarily the lack of skill, but those who know they're wrong yet insist on clinging to life through reckless actions.

When I first started, I was also one of those losing a lot, watching the charts all day, chasing highs and selling lows, eventually losing so much I couldn't sleep. Later, I developed a set of "Foolproof Rules": avoid trades without signals, missing some opportunities is okay, but reckless operations are truly deadly.

These past few years, I’ve been following these principles:

**First detail: Timing window is crucial**
Consider placing orders after 9 PM. Why? The news has been fully digested, the trend won't suddenly shake, and the candlestick charts look clearer.

**Second detail: Indicators must have allies**
MACD, RSI, Bollinger Bands—at least two pointing in the same direction before considering entering. Relying on a single signal is too easy to be swept away.

**Third detail: Stop-loss varies by scenario**
When you can monitor the market constantly, take profits and gradually move your stop-loss upward; if you're going out or sleeping, set a strict 3% stop-loss to protect your capital—this is the hard truth.

**Fourth detail: Candlestick rhythm matters**
For short-term trades, look at the 1-hour chart; only consider going long after two consecutive bullish candles. During sideways markets, switch to the 4-hour chart to find support levels before making decisions.

**Fifth detail: Stay away from trash coins**
Altcoins are too risky, with fragile survival prospects. It's not worth taking that risk.

The core logic boils down to eight words: greed in the moment causes total loss; stop-loss in time to survive. Lose less money, live longer.

If you're still operating recklessly based on feelings, maybe take a break—are you trading, or just gambling on a whim?