$BTC $ETH $SOL Haven't made 200,000 in a month? Maybe it's time to stop and read this article.

After 8 years of navigating the crypto world, I have accumulated profits of over 39 million. Those positions that blew up, the pitfalls stepped into, the bloodshed endured—all have become lessons. Today, I want to share these ten core experiences I've gathered over the years, without reservation.

**1. Small capital must break the addiction to full positions**

Only have less than 100,000 in capital? Don't always think about going all-in. Catching one real major upward wave in a year is already enough. When there's no market trend, patience is actually your strongest chip.

**2. Cognition determines the upper limit of returns**

You can never earn money you don't understand. So, before live trading, you must run a simulation. In simulation, you can fail infinitely many times and try mistakes endlessly, but live trading is different—just one big mistake in direction can get you kicked out immediately.

**3. Good news landing can be a risk**

This is the easiest trap to overlook. If a major positive event doesn't push the price up on the same day, and opens higher the next day, it's recommended to sell immediately. Don't fantasize about catching even higher prices; such thoughts are the easiest to get trapped.

**4. No experts in front of holidays**

History repeatedly proves this—reducing or even closing positions before holidays is the wise choice. The rule "prices must fall during holidays" isn't made out of thin air; it's accumulated through bloodshed.

**5. Correct approach for medium to long-term**

The key is to have sufficient cash reserves. Selling at high points, buying at low points, and rolling over repeatedly—that's what retail investors should do. Don't think about catching the bottom to the top in one wave; that's the game of the big players, and we can't play that.

**6. Short-term trading only chooses liquid assets**

Coins with active trading volume and large price swings are worth watching. Those obscure, thinly traded coins not only waste time but also test your patience.

**7. The rhythm of decline is important**

In slow, gradual downtrends, rebounds can be particularly frustrating—they creep up little by little. But if the decline accelerates, rebounds tend to come back even more fiercely. Learning to grasp this rhythm can save you many detours.

**8. Stop-loss is the only way to preserve capital**

If you buy wrong, admit it. The more decisive your stop-loss, the better. As long as your principal is still in hand, opportunities will always exist. This is the bottom line for survival.

**9. Tools for short-term traders**

For day trading, watch 15-minute K-line charts and use the KDJ indicator. They can help you find many golden buy and sell points.

**10. Master one or two methods sufficiently**

There are thousands of trading techniques, but you don't need to master them all. Perfecting one or two methods to the extreme is much better than knowing a little about everything but not deep enough.

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Each of these ten lessons is earned through real experience and lessons learned the hard way. Reducing detours is itself a way to make money. If you're still wandering in confusion, maybe it's time to give yourself a chance to change.