They say you can get rich overnight in the crypto world, but you can also lose everything just as quickly—I've seen both scenarios happen.

Honestly, starting with 5000 yuan isn't anything mysterious, and I didn't have any big shots guiding me—just took the dumbest approach, step by step. Now, I make a living from trading, with a stable annual return of over 50%. I don't stare at the screen all day, nor do I feel anxious and nervous. If you're a beginner reading this, there's a good chance you'll avoid several years of unnecessary detours.

**Let's start with the three most important tips:**

Getting the trend right doubles your chances. Try not to open too many trades frequently; going long often results in more losses. Stick to your principles and control your impulses. Wait for the trend to confirm before trading—your win rate will significantly improve.

Withdraw your profits immediately; don't leave them in your account. For example, if you earn 500U, withdraw 150U first. Every Friday, withdraw 30% of that week's profit. The remaining can be used to continue trading. The numbers in your account are virtual—only when you realize the gains are you truly at ease.

Indicators are your eyes; relying solely on feelings is unreliable. Wait for at least two signals to appear simultaneously—such as MACD golden/death crosses, RSI overbought/oversold, or Bollinger Band breakouts—before making a move. Never follow the crowd blindly.

**How to trade short-term:**

Use the 15-minute quick trading method during sideways markets. Three conditions are essential: RSI below 30 (oversold signal), price holding above short-term support/resistance (support or resistance on at least 3 15-minute candles), and volume three times higher than usual. When these are met, you can go in.

**Position management:**

Position management is crucial. Never risk more than 5% of your total capital on a single trade. After adding positions, keep total exposure below 10%. Going all-in isn't trading—it's gambling. You're losing the opportunity to make money; it's not a shortcut to turn things around. Without capital, everything is just talk. In crypto, slow is fast.

**Stop-loss and take-profit:**

Stop-loss must be ingrained in your mind. Don't be too greedy with take-profit—when you gain 15%, sell 20% of your position first. If RSI exceeds 70 or drops below 30, close all positions immediately—don't think it will go higher or lower further.

**Left side or right side:**

Aggressive traders enter on the left side (before trend confirmation), which offers higher risk-reward but lower win rate. Conservative traders wait for confirmation and then act on the right side, which has a higher win rate and is especially suitable for beginners. My advice is to stay alive first, then talk about making quick money.

**Avoid these four pitfalls:**

Leverage up to 100x (like ETH); most of those bizarre altcoins are Ponzi schemes—stay away. Open no more than 3 trades per day; overtrading easily leads to trouble. Never borrow money to trade crypto—no matter how promising the market looks, it's a no-go.

Honestly, the money made in crypto through luck will eventually be lost due to lack of skill. Long-term consistent profit depends on risk control first and foremost. Not because they are conservative, but because they understand that staying alive is more important than anything else.

Crypto indeed offers opportunities, but the prerequisite is learning how to survive. Use the right methods, take it step by step—that's the right path.