Recently, someone asked me about an old topic: I don't have much idle money now, is there still a chance in the crypto world?

To be honest, I've been in this industry for nearly eight years. I went broke early on, losing everything, but later achieved financial freedom through trading, and last year my funds multiplied fifty times. I'm not a big shot, but the practical experience I've accumulated over the years still makes me want to share some insights with everyone.

**First Rule: If you're not itching, don't press send**

If I don't see a clear technical level or market signal, I would rather watch videos or sleep peacefully than make a move. Even if the chart pattern has been verified countless times, I wait for the right feeling. It's like playing mahjong—if you're not in the right state, forcing a game will only lead to loss. The same applies to the crypto market—accounts rushing to place orders are usually on the list of those getting cut.

**Second Rule: The market is most honest late at night**

How to describe daytime? Fake news, rumors, market panic, whales manipulating the price—markets move wildly. After 9:30 PM, things change. The market quiets down, and the true trend reveals itself. Many of my clearest trading decisions are made late at night, sometimes while sitting on the toilet—maybe it's the environment that influences this.

**Third Rule: Eat the meat on your lips first**

If you make 1,000, withdraw 300 immediately, and let the remaining 700 be for me to play with. Even if I end up losing all 700, I won't feel so frustrated. I've seen too many people who earn enough to buy a Mercedes but keep greedily holding on, only to lose the down payment in the end—I've seen too many of these twists.

**Fourth Rule: Installing a trap-avoidance tool is crucial**

Before placing an order, I always check three technical indicators. Using professional market analysis software, I focus on MACD crossovers (the crossing points of two moving averages), RSI overbought/oversold zones (above 70 or below 30), and Bollinger Band opening and closing states. I only dare to act when at least two indicators give signals simultaneously. One indicator might be noisy, but two or three agreeing makes it more reliable.

**Fifth Rule: Set stop-losses like stacking blocks**

If you're sitting in front of your computer monitoring the market, use a floating stop-loss method: when you make 100 USD profit, move your stop-loss up by 50 USD, repeatedly locking in profits—like stacking blocks to protect your principal. If you can't watch the screen because you're out walking the dog, set a hard stop-loss order—say, if you lose 30%, automatically close the position. That way, you won't worry about a sudden spike in the middle of the night wiping you out.

**Sixth Rule: Cash out profits by Friday afternoon**

No matter if you made 10,000 or just 1,000 this week, withdraw 30% by 4 PM on Friday. This is a reminder I set for myself—rock solid. Only the money that lands in your account counts as real profit; the numbers floating on your exchange account are still virtual.

**Seventh Rule: K-line charts are like TV series, watch by episodes**

If you want to double your money quickly, focus on the 1-hour chart—two consecutive bullish candles can be a signal to participate. If the market is sideways or volatile, switch to the 4-hour chart to find support levels; this will be much more accurate. Switching timeframes is like choosing episodes of a series—the shorter the cycle, the faster the fluctuations; the longer, the more stable.

**Eighth Rule: These places will make you crash**

Those influencer coins and hotly speculated small tokens are basically tools to harvest retail investors. No matter how many people participate, avoid them. Another deadly habit: making more than three trades a day. Once you start trading frequently, it’s like nonstop snacking—you’ll eat up your profits on fees, and your mindset will get worn down. Better to earn less than to lose frequently.

These eight rules are not some profound theories; they are lessons learned from blood and sweat. Opportunities in the crypto world are always there, but only if you survive long enough and don’t get your account wiped out. Two thousand dollars isn't much, but if you trade wisely, a tenfold increase in three or five years is not a dream. The key is to control your greed, stick to your stop-loss, and avoid gambling everything in at once.