After years of navigating the crypto world, stepping over countless pits, experiencing liquidations, and bleeding, I want to share some real insights for those still lost. Honestly, every piece of these experiences is a lesson learned the hard way.

First, for players with small capital. Don't think about going all-in with less than 20,000 yuan. The market is only so big; waiting for the main upward wave to come and fully riding it is the right approach. Patience is the strongest weapon before the market moves—this sounds simple, but actually doing it can discourage 99% of people.

Before entering, you must understand one principle: the money you make is always within your cognitive range. The biggest advantage of a demo account is that you can fail infinitely without risking real money, which helps train your mindset and test your courage. Real trading is different; one big mistake can mean the end, and by then, regret is too late.

Regarding market rhythm, there is a repeatedly verified rule—good news often turns into bad news once it lands. If you don’t act on major positive news the same day, then sell decisively when the market opens high the next day; otherwise, you risk getting trapped. Be especially cautious during holidays; historical records show that reducing or even completely clearing your position before the holiday is often the wisest move—this is no joke.

The core secret of medium- to long-term trading is to keep enough cash on hand, repeatedly buy low and sell high. Don’t always dream of “riding a wave to the bottom,” that’s a game for big players; retail traders don’t have that luck. When choosing coins for short-term trading, focus on those with active trading volume and large price swings. Inactive coins waste time and drain your mental energy—no need to bother.

The pace of decline determines the strength of the rebound. A slow, gradual decline can be very frustrating to endure, but if the fall accelerates, the rebound often comes faster and more fiercely. Getting this rhythm right is crucial. Don’t resist if you buy wrong; cutting losses immediately is the way to survive. As long as your principal is still in hand, opportunities always exist—this is the fundamental rule of survival.

For short-term trading that requires watching the market, be sure to analyze 15-minute K-line charts combined with the KDJ indicator; it can help you discover many golden buy and sell points. The most practical tip is this—there are countless technical methods for trading coins, but you don’t need to master them all. Focus on one or two methods, understand them thoroughly, and practice to perfection—that’s enough.

These ten pieces of experience are all summarized after going through complete market cycles. Avoiding detours itself is a way to make money, and no one can argue with that logic.