My name is Bao Ge, and I have been in the crypto world for 8 years. Over these years, I have seen too many ups and downs—getting liquidated, owing debts, being chased by online lenders until I couldn't breathe. My 200,000 yuan principal was wiped out in a single day, and at that time, I even reached the brink of despair.

Fortunately, I didn't give up completely. With perseverance, I managed to endure and come through. Starting again with a principal of 1,000 USD, I gradually grew my account to 20 million USD. Today, I want to share with you the experience I’ve gained through blood, tears, and sweat over these years.

**Things About Capital Management**

Small funds should not rush for quick profits. If you have less than 100,000 USD, catching a big trend in a day is enough to make a living. Going all-in and risking everything will only send you back to square one overnight. For medium to long-term trading, you should trade with light positions. The market changes rapidly, and heavy positions are just gambling. Short-term trading requires speed—follow the trend to eat the meat, take profits when you’re full, and stay out of the market when it’s dull. Don’t look for trouble without reason.

**Key Moments to Watch Carefully**

Once good news is announced, consider taking profits. Many people make the mistake of not selling on the day of good news; as a result, the next day’s gap up often becomes an opportunity to escape—at the moment good news is realized, it’s often the start of a reversal. So, keep an eye on news and holiday schedules. When it’s time to reduce positions, don’t hesitate. Don’t enter blindly without confirming the trend.

**A Few Tips on Technical Analysis**

Understanding the market’s volatility rhythm is very important. Slow declines correspond to slow rebounds, and after a sharp drop, the rebound is also quick. Recognizing this pattern will greatly improve your accuracy in buying and selling. Using 15-minute K-line charts combined with KDJ indicators can help capture short-term signals more precisely. But the most important thing is stop-loss—if you judge that you’ve made a mistake, cut your losses immediately. Don’t hold on to hope and risk deepening losses.

**The Most Heartbreaking Tip**

Technical skills can be learned, but mindset is very hard to develop. No matter how sophisticated your trading logic is, without a stable mindset, it’s useless. Don’t let the market’s emotions dictate your actions. Stick to your rhythm—that’s the real secret to surviving in the crypto world.

I only do real trading, not selling any illusions. For friends who want to avoid pitfalls and steadily profit in the crypto space, use this logic to trade, and life will be much easier.