Have you been in the crypto market for over a year without seeing million-level profits? I want to share some practical insights that might help you avoid several years of detours.

I’ve been in the crypto space for six years, experiencing countless ups and downs and margin calls. Honestly, I don’t have any special talent; I just grit my teeth and persist through sleepless nights doing review and analysis. These ten lessons I’ve learned over the years are almost all lessons paid for with real money.

First, when your capital is small—don’t think about full positions with less than 10,000 yuan. Being able to catch one main upward wave a year is enough. When there’s no market trend, be patient and wait. That’s the best strategy. Many people lose money because they can’t sit still.

The saying “Cognition determines returns” is not nonsense. Before risking real money, you must repeatedly practice on a demo account. Simulations allow unlimited trial and error, but a single big mistake in real trading can send you back to square one, losing everything.

Good news turning into bad news more often than you think. If you don’t act on good news the same day, and the next day it opens higher, sell quickly. Don’t hope it will keep rising; most likely, you’ll get trapped.

Be extra cautious during holidays and special periods. Historical data shows that reducing or closing positions before holidays is usually the right choice. The rule “Prices tend to fall before holidays” is not unfounded.

Mid- to long-term trading requires sufficient cash reserves and rolling trades using high sell and low buy strategies. Don’t expect to take all profits at once—that’s the way big players operate. Retail traders should be steady and cautious.

For short-term trading, choose coins with active trading volume and large price swings. Inactive assets waste time and can easily disturb your mindset.

During slow declines, rebounds can be frustrating, but if the decline accelerates, rebounds tend to come back stronger and faster. Grasping this rhythm is very important.

If you make a wrong move, admit defeat and cut losses quickly. As long as your principal is still in hand, opportunities will always exist. That’s the bottom line for surviving in the market.

When monitoring short-term trades, I often look at 15-minute K-line charts combined with the KDJ indicator, which helps me catch many key buy and sell points.

Trading techniques are diverse, but there’s no need to master them all. Focus on one or two methods, master them thoroughly, and practice to the extreme. That’s enough to stand firm in the market.

If you’re still struggling and confused in the crypto space, feel free to reach out for discussion. I’m happy to share more practical insights and hope to help you find your direction.