Having been involved in digital asset trading for 8 years, experiencing countless mistakes, margin calls, and significant drawdowns, I have finally reached today. During this period, I have accumulated profits of over 30 million yuan, but what is truly valuable is not the numbers themselves, but the lessons learned through real money.

Today, I want to share 10 core principles that I still adhere to. These are not secret formulas, but they are enough to help you avoid most of the pitfalls that retail investors often fall into.

**Capital size determines expectations** If your principal is around 20,000 yuan, being able to catch a full main upward wave once a year is already enough. Don’t expect to double your money every month.

**Lack of understanding, profits cannot be retained** Before truly understanding your risk tolerance, don’t rush to trade with real money. Simulated accounts can fail infinitely, but a single fatal mistake in real trading could mean the end. This is not alarmist.

**Profit realization can be the most dangerous** On the day of major positive news, if you don’t act, but the next day opens with a gap up, be especially cautious. The market’s pattern is to harvest when everyone is bullish—this is a rule.

**Holidays equal risk periods** History repeatedly proves: reducing or even closing positions before holidays greatly increases safety compared to blindly holding coins over the holiday with optimism. This lesson is painfully clear.

**Medium- and long-term holdings should be managed dynamically** It’s not about holding without action, but maintaining sufficient cash reserves, actively reducing positions at high levels, and gradually entering at low levels. Those who think they can ride the entire trend often end up being called “lookout guys” by others.

**Only trade highly liquid coins in short-term** Coins with sluggish trading volume and slow movement not only make money hard but also drain your mental energy and time.

**The speed of decline determines the rhythm of rebound** Slow declines are often followed by slow rebounds, while rapid drops tend to be followed by quick recoveries. Understanding the market’s rhythm is more important than simply predicting the direction.

**Stop-loss is respect for your principal** If you’re wrong, cut losses decisively and stop out immediately. As long as your principal remains, opportunities will always exist. This is the prerequisite for longevity.

**Basic tools for short-term trading** 15-minute candlestick charts combined with the KDJ indicator can effectively filter out many emotional mistakes, making it a standard setup for short-term trading.

**Mastering a few methods is more valuable than knowing everything** No matter how many technical methods you learn, the key is to perfect 1-2 sets of strategies. Truly consistent profitable traders are never “jack-of-all-trades.”

Each of these principles is earned through real financial costs and is worth deep reflection. Avoiding unnecessary detours is itself a form of gain.

If you are still stuck in a cycle of confusion, anxiety, and repeated losses, consider a different perspective: treat trading as a long-term survival skill that requires continuous cultivation, rather than a quick gamble to turn things around. Only by clarifying this can you truly get on the right path.