Recently, I saw someone ask: How can you make 1 million trading crypto? If you make it, will depositing it in the bank trigger an investigation into your source of funds?

To be honest, I asked myself this question seven years ago. Back then, I had just entered the space, and my account only had tens of thousands. Now, my total profit exceeds 50 million. Along the way, I’ve been liquidated, lost money, even despaired, but I finally figured out a way to survive. Today, I’m writing down ten lessons I’ve learned over the years, hoping they’ll help those still finding their way.

**First, don’t go all-in recklessly when your capital is small.** If you have less than 100,000, don’t think about going all-in every day. Catching one big trend a year is enough; during other times, patience is your biggest advantage.

**Second, paper trading is not a joke.** Many people think paper trading is pointless, but real trading has a very low margin for error. Paper trading lets you make unlimited mistakes, train your mindset and courage, so you won’t panic when real money is on the line.

**Third, good news is often the peak.** If you don’t sell on the day of major good news, and the price opens higher the next day, I recommend selling part of your position decisively. History has shown that those who buy after the news breaks are often the ones most heavily trapped.

**Fourth, reducing positions before holidays is a must.** Before every long holiday, I lower my positions or even go all cash. “Markets always drop during holidays” isn’t superstition—it’s market reality.

**Fifth, mid- and long-term trading is about cash flow.** Don’t try to ride a single wave to the very top—that’s the big players’ game. Keep enough cash, buy low and sell high in cycles; that’s what retail traders can really do.

**Sixth, only trade active pairs for short-term trades.** Only coins with high volume and volatility are worth focusing on. Don’t waste time on half-dead ones—they drain your patience and don’t make money.

**Seventh, the type of drop determines the speed of the rebound.** Slow, grinding drops lead to grinding rebounds, but when the drop accelerates, the rebound usually comes faster. Timing is key.

**Eighth, admit mistakes quickly if you buy wrong.** Cut your losses immediately—if your capital survives, opportunities always exist. This is a lesson I learned the hard way after being liquidated.

**Ninth, use the 15-minute K-line with the KDJ indicator.** For short-term trades, watch this combo closely—it will help you find many golden entry and exit points.

**Tenth, mastering one or two strategies is enough.** There are countless trading methods out there. You don’t need to know them all, but the one or two you use must be mastered to perfection.

Every one of these ten rules was learned with real money. In crypto trading, avoiding detours is making money in itself. The market is never short of opportunities; what’s lacking are the people who survive until those opportunities arrive.

As for whether banks will investigate? To be honest, large deposits will get noticed. So I recommend splitting the deposits into batches and across different accounts, keeping thorough trading records and on-chain proofs. Compliant withdrawals are the only long-term solution.