Having been in the crypto space for so many years, I've seen too many people rush in with dreams of "hundredfold returns" only to quietly exit the market without warning. Today, I want to talk about something practical—those key insights that turn repeated losses into stable profits. Many people always think they are just "one bit of luck" away, but the real issue isn't market volatility; it's your trading habits.

**The Reality of Small Funds**

Retail traders operating with less than 200,000 yuan are most prone to making the mistake of going all-in and messing around every day. Frankly, the real profit opportunities in the crypto market are often concentrated in a few trending phases—main upward waves in a bull market, or breakthroughs of strong coins. Instead of trading daily and paying fees, it's better to wait patiently for high-probability setups. Think about it—if you can catch just one true main upward wave in a year, the returns could outshine your entire year's frequent trading.

My strategy is simple: use smaller positions to explore the market's temperament during normal times, and go all-in only when a major trend arrives. This isn't passivity; it's discipline—slowness is speed.

**The Value of Demo Trading Is Seriously Underestimated**

Many people think virtual trading is just a toy for beginners, but experienced traders need it even more. Market styles are constantly changing, and strategies that worked before may become ineffective in the next cycle. Instead of risking real money to test new ideas, it's better to verify them in a simulated environment.

Here's a key point: treat demo trading with the same mindset as real trading. Don't place orders casually just because there's no real money involved—that way, you won't develop true discipline. Discipline is cultivated through consistent, proper actions, not self-deception.

**The Trap of News**

Crypto news moves fast, but it can also be a trap. On the day a major positive announcement for a project is released, if the price doesn't dump but instead consolidates at high levels, it's likely that the next day will see a gap up and a quick exit. Once market sentiment fully prices in the good news, the subsequent move is probably the opposite—reverse trading. Don't get caught up in short-term excitement; learn to take profits when the time is right. Often, avoiding losses is itself a form of profit.