In the early days of entering the crypto world, I made the biggest mistake—not misreading the market, but being too greedy and wanting to double my investment quickly.

Later I realized: rather than dreaming of getting rich, it's better to learn how to live first. Many people die in contracts, especially in delivery contracts; if the timing is off, it's all over. If you really want to practice, perpetual contracts are more suitable for beginners. Don't mess around with leverage; 5 times is enough to let you experience how ruthless the market can be. At 10 times, a single reverse plunge could wipe out your account.

Everyone can say the two words "stop loss", but there aren't many who actually execute it. Not stopping losses? A small loss today, tomorrow it continues to lose, and in the end, it becomes a big pit. Once floating losses are out of control, you should understand one principle — preserving capital is more important than anything else. As long as the principal is still alive, the opportunity to make money will never die.

Don't rush to buy the dip when the market is down, and don't follow the trend to chase high when it is rising. Most losses occur when you think "it's about time to act." The few ways to achieve stable profits are: calmly build your position in batches, take some profits off the table when you earn, don't be greedy, and your mindset will naturally stabilize, making your profits solid.

There are three things advised to stay away from as soon as possible: coins controlled by major players, excessive leverage, and the impulse to go all in right away. The crypto world has never been about who makes more money, but about who survives the longest.

In the end, the winner of the game is the one who can still stand at the table. As long as you have your capital in hand, you still have the qualification to turn the tables.