If you've been struggling in the crypto world for half a year without much progress, you should actually take a step back and review your trading logic. I have been in this industry for over eight years, witnessing too many people rushing into the market and panicking out, and I have survived several fatal mistakes. Over the years, my account balance has remained around 50 million for quite a few years.

Today, I want to share not a trading story, but the core logic that has allowed me to survive until now and still generate stable profits. These ten points are not theoretical frameworks; each one is gained through real experience and hard lessons.

**Small capital, don’t go all-in at once**

Many beginners’ biggest mistake is wanting to double their investment in a single trade. Actually, as long as you can catch a decent trend once a year, that’s enough. Before a trend forms, waiting is far more valuable than frequent trading. Patience is something everyone knows, but few can truly practice.

**Cognitive gap, the money you earn is hard to keep**

Many people ask me why I started with a demo account. The reason is simple—demo accounts allow you to make mistakes infinitely, while a single misjudgment in a real account can be fatal. Both mindset and technical skills need to be repeatedly refined in a simulated environment. It’s not a waste of time; it’s saving time.

**When good news appears and the price doesn’t rise on the same day, consider reducing your position**

This is often overlooked. If major news is announced and there’s no corresponding increase on the day, even if the market opens higher the next day, I would consider lightening my position. This usually indicates that the good news has already been priced in or market sentiment isn’t as optimistic as it seems. Chasing highs driven by emotion often leads to poor results.

**Be cautious before and after holidays**

Looking at historical candlestick charts, many market turning points occur around holidays. A prudent approach is to control your positions before a holiday or even go completely flat, which also improves sleep quality.

**Mid-to-long-term trading is about "cash is king"**

Buying low and selling high, and doing so in batches, is the way for retail traders to go far. Don’t expect to ride a trend to the very end. Keep some cash reserves so you have ammunition to seize sudden opportunities or hedge against risks.

**Only focus on active coins for short-term trading**

Coins with low trading volume and dull volatility are not worth touching, no matter how cheap they are. It’s not just a waste of time but also a test of your mental state. Once your trading mindset is worn down, your judgment will become distorted.

**The rhythm of decline determines the quality of rebounds**

Slow declines are the most torturous, but they also tend to produce weaker rebounds. Rapid drops can catch shorts off guard and lead to sharper rebounds. The key is to identify the right timing for the trend reversal.

**Cut losses when wrong, don’t deceive yourself**

Stop-loss is the survival bottom line of trading. I’ve seen too many people wipe out because they couldn’t bear to cut losses. As long as your capital is still alive, opportunities will always exist. Failed trades can’t be recovered, but the next opportunity will come.

**Don’t watch the market too obsessively**

Many people stare at 1-minute candlesticks all day until their eyes are tired. I usually switch to the 15-minute chart, combined with some common indicators, which is enough. This helps filter out a lot of market noise and makes decision-making clearer.

**Use a few precise methods, not many**

Don’t be greedy with your technical system; choose two that suit you best, then spend time refining and optimizing them. Only then can you truly master their use, rather than trying to learn everything and being good at nothing.

None of these ten points are copied from books; they are all earned through real money and lessons learned the hard way. Avoiding just one pitfall can sometimes save you years of wasted time.