Many people enter the crypto market with the idea of getting rich overnight, but they often lose even faster. I've been trading for many years, and my deepest insight is: those who laugh last in the crypto world are not gamblers, but disciplined traders.

My starting capital wasn't much, similar to most retail investors. But by implementing a strict trading system, my account grew from a few thousand USD to fifty million. There's no luck involved—it's all about methodology.

Let's first look at the common pitfalls most people encounter.

The most fatal mistake is the "get-rich-quick mentality." Seeing a certain coin rise for two days in a row, they jump in immediately, only to become the last bag-holder. In fact, a two-day rally should prompt you to consider reducing your position, not adding more out of impulsiveness. Chasing a rally is like sending meat into a meat grinder—participate ten times, get cut nine times, losing only your principal.

Some people blindly follow "big V" influencers. The authenticity of information is hard to verify; others' recommendations might just be helping themselves unload their holdings. The only reliable basis is your own judgment and data analysis.

The most common trap is inability to control impulses, leading to frequent trading. In the crypto world, hard work alone doesn't guarantee profits; sometimes, staying on the sidelines is the smartest move. Waiting patiently for opportunities is much more cost-effective than repeatedly getting cut in volatile swings.

So, what should you do? I use a "Layered Progression Strategy."

In the initial stage, allocate the minimum available funds, for example, 1000 USD, divided into 5 parts of 200 USD each. Never risk more than a certain proportion of your total capital on a single trade. This isn't conservatism—it's about using the smallest cost to accumulate trading experience and find your own rhythm. Early on, the goal isn't profit rate but survival.

Once the initial strategy proves feasible, gradually increase your position size, but always maintain a risk management bottom line. This process may be slow, but it results in a high win rate and strong risk resistance. Many people want to go all-in quickly, but one black swan event can wipe them out entirely.

True trading wisdom lies in maintaining rationality amid uncertainty and exercising restraint in the face of temptation. Only then can you survive in the long-term game of the crypto market.