Dear friends in the crypto world, if you've been in this market for a year and still haven't made a million U, then these words are worth listening to. It's not some secret, just to help you stay clear-headed in the crypto space and avoid falling into common traps.

I've been messing around in this circle for 6 years and earned over 30 million yuan. All these experiences are gained through practical exploration. Use them to avoid the pitfalls that most people will fall into.

**Capital scale determines strategy**. If you only have around 10,000 U, don't think about greedily trading too many coins. Just catching one decent main upward wave in a year is enough. Don't go all-in every day; frequent trading often results in faster losses. A big market move can completely change your account situation—that's the real opportunity.

**Cognition is the ceiling**. You can't earn money beyond your understanding—that's an iron law. Instead of blindly operating, it's better to hone your mindset and courage in a demo account. Demo trading allows unlimited trial and error, but a single loss in real trading might mean permanent exit. The risks are completely different.

**Good news is crucial**. If there's no sell-off on the day, and the next day opens high, you should sell. Once good news is realized, it often turns into bad news. Don't hold onto hope for a higher point; otherwise, you'll become one of those caught at the top.

**Timing is important**. It's best to reduce or close positions a week before holidays. Historical patterns show that markets tend to fall during holidays. Proactively avoiding risks is much more reliable than reacting passively.

**The core of medium- and long-term is to save money**. Selling at high points and buying back at low points—this rolling operation is the best strategy. Don't just hold onto a coin blindly, nor bottom-fish blindly. Flexibly switching strategies keeps you alive longer.

**For short-term trading, focus on two indicators**: trading volume and chart patterns. Choose coins with high activity and large volatility. Avoid coins with silent trading; it's a waste of time and fees.

**Speed of rise and fall hides patterns**. Slow declines mean slow rebounds; fast declines mean fast rebounds. Master this logic, and you'll avoid many bottom-fishing and top-selling traps.

**Stop-loss is the bottom line**. If you buy wrong, admit it and cut losses promptly. Protecting your principal is fundamental to survival. Don't gamble on recovering losses; decisive stop-losses can give you a chance to turn things around.

**Technical analysis should be focused**. For short-term trading, pay attention to 15-minute K-line charts. Using KDJ indicators to find buy and sell points will be more accurate. Beginners shouldn't guess blindly; following signals is more reliable.

**Master a few refined methods**. There are many ways to make money in the crypto space, but you don't need to master them all. Focus on a few, and become proficient. Trying to do everything leads to nothing.

Markets go up and down every day. The key is to protect your principal and stay true to your original intention. When the next big cycle arrives, you'll be able to stand firm.