Friends who have been in the market for half a year without understanding the ropes, this is a must-read. I have been messing around in the crypto market for eight years, stepping into countless pits, experiencing margin calls, and learning painful lessons. Only then did I gradually achieve wealth accumulation. Today, I want to openly share ten trading insights I’ve gained over the years. If you can truly absorb them, they will help you leave most retail investors behind.

**First: Greed is the biggest pitfall with small capital**
If you only have around 20,000 yuan, don’t think about full positions every day. Capturing just one main upward wave in a year can already bring huge profits. The key is to stay patient during the waiting period before the market arrives. Patience itself is the most scarce trading weapon.

**Second: Cognition is the ceiling of making money**
You will never earn beyond your own knowledge scope. Before going live, practice repeatedly with a demo account to refine your mindset and execution. Demo accounts allow unlimited failures, but one big mistake in real trading could mean being out.

**Third: Beware of good news traps**
Remember this — the moment good news lands, it often marks the start of a reversal. If there’s no rally on the day of major positive news, sell decisively after a high open the next day. Greed often results in being trapped.

**Fourth: Holiday market moves require caution**
Be especially alert before holidays. Historical data repeatedly confirms the principle of “reducing or even closing positions before holidays.” This is not just psychological tactics but market law.

**Fifth: The true meaning of medium- and long-term trading**
Don’t expect to buy at the bottom and sell at the top in one wave—that’s the game of institutions and big players. The correct approach is to keep enough cash reserves, buy low and sell high, and operate continuously with rolling trades.

**Sixth: Choosing coins matters**
For short-term trading, only focus on coins with active trading volume and large price swings. Avoid inactive assets—they waste time and wear down your patience.

**Seventh: Rhythm determines success or failure**
It’s especially tough to rebound during slow declines, but once the decline accelerates, rebounds tend to come swiftly. Timing this rhythm is crucial.

**Eighth: Stop-loss is the survival bottom line**
If you buy wrong, admit it immediately and cut losses at once. As long as your principal remains, opportunities will always exist. This is the basic rule for surviving in the market.

**Ninth: Tips for short-term chart watching**
When doing short-term trading, always look at 15-minute K-line charts. Combining indicators like KDJ can help you accurately identify high-probability buy and sell points.

**Tenth: Master one or two methods thoroughly**
There are thousands of trading techniques, but you don’t need to master them all. Focus on one or two methods and refine them to perfection—that’s enough.

Each of these ten points was gained through real capital losses. Avoiding detours is itself a way to make money. If you’re still exploring in confusion, reconsider these principles—I believe they will be helpful.