Having been involved in crypto trading for six years, I’ve stepped into many pits, blown up several positions, and experienced drawdowns. Over time, I’ve gradually developed a strategy that allows me to survive. These years, I’ve summarized ten key lessons, which I will share with you today.

**About Capital and Mindset**

Small capital (for example, within 1000 dollars) should never be fully invested. Instead of frequent speculation, patience is more valuable—waiting for just one major upward wave every six months is enough. When the market isn’t moving, patience itself is the greatest weapon.

Before trading with real accounts, be sure to train your mindset and courage using a demo account. A demo can fail infinitely times, but a single big mistake in a real account could mean the end. People can never earn money beyond their understanding—this is no joke.

**The Wisdom of Timing**

Good news often signals risk. If a major positive event doesn’t cause a rally on the same day, but instead opens higher the next day, it’s advisable to cash out promptly, as it’s very easy to get trapped.

Be especially cautious before holidays. Looking back at historical candlestick charts, reducing or even clearing positions before holidays is often the smarter choice. The pattern of “market drops during holidays” has been proven too many times.

**Trading Rhythm and Skills**

The core of medium- and long-term trading is: keep enough cash on hand, then sell at highs, buy at lows, and repeat the cycle. Don’t expect to catch the entire move in one go—that’s a game only whales can play.

For short-term trading, choose coins with active trading volume and large price swings. Avoid inactive assets—they waste your time monitoring and can crush your confidence.

The speed of decline also matters. Slow, gradual declines can be very torturous to rebound from, but if the decline accelerates, rebounds tend to come back faster. Timing this rhythm precisely is crucial.

**Stop Loss and Learning**

If you make a wrong move, admit it and cut losses immediately. As long as your capital is still alive, opportunities will always exist—this is the fundamental logic for survival in the crypto space.

When doing short-term trading and watching the charts, focus on 15-minute candlesticks, combined with KDJ indicators. This can help you find many good entry and exit points.

Regarding technical analysis, there are countless methodologies in the community, but you don’t need to understand them all. Master one or two methods thoroughly and practice them repeatedly; often, this is more effective than knowing everything but being mediocre at all.

Each of these ten lessons is a hard-earned experience, and each can help you avoid some pitfalls. Less detours mean more progress—somewhat, that’s equivalent to making money. If you’re still lost and exploring in trading, consider stopping for a moment and reflect on these suggestions.