When I first entered the crypto world, like most beginners—staying up late watching charts, chasing gains and selling losses, getting liquidated, insomnia, and anxiety took turns. My account fluctuated wildly, repeatedly testing my psychological defenses, which kept collapsing. Until one day, I suddenly realized: instead of treating trading as gambling, it’s better to treat it as a serious job. Since then, logging in on time, executing plans as scheduled, has actually stabilized my profits. Over the years, I’ve learned from the pitfalls in real trading and summarized them here for everyone.

**Choose the right trading times**. During the day, news is chaotic and volatility is frequent, making it impossible to grasp the market direction amid constant changes. Conversely, after 9 PM, news digestion is complete, candlestick patterns are clear, and trends are traceable. Placing orders at this time significantly increases the win rate.

**Take profits when you see them, don’t expect to get rich overnight**. If you earn 1000U, withdraw 300U first to secure the gains, and continue to gamble with the remaining funds. I’ve seen too many people triple their money and then try to make five times more, only to be knocked back to the original state after a correction, even risking their principal. The numbers in your account are virtual; only when they reach your bank card are they truly yours. So, withdraw 30%-50% of each profit, don’t daydream about tenfold returns in the market.

**Rely on indicators, not intuition**. Entering based on gut feeling is the quickest way to get liquidated. Install TradingView on your phone, and before placing an order, check three indicators: MACD for golden/death crosses, RSI for overbought/oversold, Bollinger Bands for narrowing or breakout. Wait until at least two indicators agree on the direction before entering.

**Actively move your stop-loss up**. When you can monitor the market, if the price rises, move your stop-loss upward accordingly—for example, buy at 1000, if it rises to 1100, raise the stop-loss to 1050. If you can’t monitor in real-time, set a hard stop-loss at 3% to prevent being caught off guard by a sudden dump.

**Pay attention to chart skills**. For short-term trading, look at the 1-hour chart; two consecutive bullish candles are worth considering for a long position. When the market is sideways, switch to the 4-hour chart to find support levels; enter near support to better control risk.

**Avoid these last few mistakes**: Don’t over-leverage with large positions (a wrong move can wipe you out); don’t trade small coins you don’t understand (easy to get caught); limit yourself to a maximum of 3 trades per day—overtrading leads to emotional trading; never borrow money to trade crypto—that’s a bottom line.

Ultimately, trading crypto isn’t about impulsively trying to get rich overnight. It’s about executing a stable trading strategy over the long term. Treat it like a job—log in on time, execute your plan, log out to rest—and you’ll find that your earnings become more stable.