After years of trading in the crypto space, I still believe these fundamental skills are the most reliable methods.

The key is to learn how to read charts. For short-term trading, the 5-day moving average is a good reference— as long as the price stays steadily above the 5-day MA, you can hold with confidence; once it breaks below, sell without hesitation. The same logic applies to medium-term trading, with the 20-day MA being your lifeline— if it breaks, reduce your position immediately. It sounds simple, but few people can stick to it consistently.

Next, let's talk about the logic of choosing coins. If during a market crash your holdings only decline slightly, it indicates there might be funds supporting the price behind the scenes, making such coins worth holding. Conversely, focus on leading coins because they tend to surge fiercely when rising and are more resilient during declines. Don’t be tempted by large price drops, and don’t give up just because of big gains— the key is to enter at the right position.

What should you do after a major upward wave forms? Watch the trading volume. If the price rises on high volume, keep holding. If it declines on low volume but the trend hasn't broken, there's no need to rush to exit. Once high volume causes a trend break, cut your losses quickly. If a coin drops 50% from a high and continues to fall for 8 days, that might actually be an opportunity— after an oversell, rebounds often come quickly.

Risk control must be taken seriously. If you buy short-term and see no movement after three days, get out if you can. When losses reach 5%, you must cut your losses unconditionally— that’s the bottom line. When trend trading, don’t try to pick the exact bottom; during declines, don’t rush to find the lowest point. Abandon poorly performing coins and follow the trend— that’s the core strategy.

One last point— don’t get blinded by a few wins. Review your trades carefully after the market closes to understand whether your profits come from luck or skill. Those who can achieve long-term stable profits have built their own trading systems. The primary goal of trading is capital preservation, with profit coming second. It’s not about trading frequency but success rate. Sometimes, holding no position is the best strategy; knowing when not to act often earns more than frequent trades.