Many people have gone around the crypto market, but their accounts still show no improvement. Instead of blindly chasing trends, it's better to understand the core logic of trading.

First, let's talk about money management. If your principal is within 200,000 yuan, rather than frequent operations, focus on one or two key market movements each year. Going all-in and holding on tightly often only increases the risk of loss, which is a lesson many have learned.

Cognition determines how much you can earn. Before real trading, practice repeatedly with a demo account to refine your mindset and courage—demo accounts can fail infinitely, but once you make a mistake in real trading, it could be your entire savings, or even cause you to stay away from the market forever.

Good news and bad news often flip in an instant. On the day a major positive event is announced, those who do not sell should remember to sell at the high open the next day, because the realization of good news often signals bad news. Similarly, starting to reduce positions or go completely flat a week before holidays is a historical pattern indicating these periods are prone to decline.

The brilliance of medium- and long-term trading lies in maintaining sufficient cash reserves, then raising prices to sell, killing the market to absorb, and continuously rolling over operations. Short-term trading is different; watching trading volume and chart activity is crucial. Only active stocks are worth participating in; sluggish ones should be avoided.

The pace of decline determines the speed of rebound: slow decline and slow rebound, sharp decline and sharp rebound. A 15-minute K-line chart combined with the KDJ indicator can help you find good buy and sell points, but don’t get dazzled by technical indicators. There are many trading methods, but mastering a few is enough; trying to learn too many can lead to confusion.

The last point, and the most important: if you buy wrong, be decisive in admitting it, cut losses in time, and protecting your principal is the key to surviving in the market.