Having been in the crypto circle for over seven years, to be honest, those early days almost made me give up because of the contracts.

It's true that I made money before, but the problem is that every time I made a profit, I felt it was too little, and in the end, I lost everything including the principal and interest. Do you know what the most heartbreaking feeling is? It's not the moment of liquidation, but the regret after it happens—thinking, "Damn, I could have fully exited."

Later, I realized: the market isn't targeting me; I've just been fighting against the market's temperament. Although I wouldn't say I'm thriving now, at least I'm still here and have figured out some tricks.

To those still迷茫踩坑 (confused and stumbling), I want to share a few truths: some pits really don't need to be jumped into one by one.

**About Bottom-Fishing**

Imagine buying at the lowest point and selling at the highest? Wake up, that's a godly skill. Every time you see the K-line turn red, you rush in with excitement, only to realize later that you bought halfway up the mountain—that kind of person is everywhere. The true bottom is discovered after the fact, not predicted in advance. During a decline, don’t go all-in blindly; save some bullets, wait until the trend stabilizes before acting. I understand that feeling, but you just have to endure.

**About the "News" Tricks**

Hot news flying across the screen, and by the time you react and rush in, the show is basically over. The market manipulators' tactics are much more sophisticated than you think. When you can't resist FOMO and your hands itch, it's often the moment someone plans to sell off. Don’t always focus on those "about to take off" shouts in the group; stay calm and look at the weekly and monthly charts. Data is more honest than emotions.

**About Stop-Loss—This Is a Life-Saving Talisman**

Setting a stop-loss isn’t about being cowardly; it’s marking the price for every wrong decision. Many people don’t lack awareness of the importance of stop-loss; they just can’t bear to do it, always hoping to turn losses into profits, only to watch small losses turn into liquidation. Discipline may seem useless, but it determines whether you can survive longer. Protecting your principal is the most basic truth—there’s always another chance.

**About the Art of Holding No Position**

The hardest moment in crypto isn’t losing money, but watching the market soar right in front of you while you hold no coins. But it’s precisely in these moments that reckless moves often mean giving away money. Not every fluctuation requires participation. When you don’t understand or aren’t confident, sit back and watch calmly. Patience can sometimes be more valuable than technical skills.

Ultimately, the fairest thing about this market is: it won’t mistreat those who study diligently and respect the rules, but it’s never forgiving to gamblers full of wishful thinking. I’ve paid so much tuition that it still pains me to think about it, but if someone can learn a few lessons from it, maybe they can avoid taking a big detour and save some trouble.