Having navigated the cryptocurrency market for 8 years, I have experienced countless liquidations, stop-losses, and turnaround moments. This time, I want to organize my trading insights accumulated over the years, which might help you avoid a few pitfalls.

**About Capital and Mindset**

When your capital is limited (for example, within $1000), never go all-in right away. Instead of frequent trading, be patient and wait. Often, one major upward wave is enough. Many people seek quick profits and end up shrinking their small accounts further.

Before real trading, a demo account is your good friend. You can freely test and make mistakes there—failure costs nothing, but the experience gained is real.

**Market Rhythm is Key**

Remember this rule: Major positive news will inevitably trigger negative reactions. If you haven't sold on the day of the big news, be sure to sell when the market opens high the next day; otherwise, you risk being caught in a reversal. This is not luck; it’s the market’s pendulum at work.

Be especially cautious before holidays. Reducing or closing positions is the wise move. "Holidays always see a drop" sounds like a folk saying, but historical data repeatedly confirms this phenomenon.

**Mid-term vs. Short-term Strategies**

For medium to long-term trading, the core is to maintain sufficient cash reserves, reduce positions at high points, and accumulate at lows, cycling through these steps. Don’t expect to ride a single wave to the top—this is the game of big players; retail traders playing this way are likely to get wiped out.

For short-term trading, choose coins with active trading volume and obvious volatility. Assets with low trading activity will only drain your patience and time.

**Technical Skills and Execution**

Rebounds during a downtrend are often slow and weak, but during accelerated declines, rebounds can be swift. Mastering this rhythm is crucial. When doing short-term trades, focus on 15-minute candlestick charts combined with the KDJ indicator, which can help you catch many trading opportunities.

There are countless trading techniques, but you don’t need to master them all. Focus on one or two methods and execute them decisively; this approach is far more effective than trying to learn everything.

**One Last Point**

If you make a wrong buy, admit it and cut losses immediately. As long as your capital is still alive, opportunities will always exist. These 8 years of experience are earned with real money, and I share them in the hope that you can survive longer.