#数字货币市场洞察 After years of being in the crypto space, I’ve seen too many people enter the market and then exit in a mess. I have a feeling—whether you make money trading coins ultimately comes down to a few principles that you haven’t fully understood.

I've been trading for over 8 years, and my account has grown from small to a size of 50 million. Not to brag, but there are plenty of lessons learned in there. Today, I’m laying out my top 10 lessons from the bottom of the drawer, as a reference for those who come after me.

**The Truth About Fund Management**

When your trading account isn’t very large (like around 200,000), never think about always being fully invested. If you can catch just one major bull run in a year, that’s enough to change your outcome. The problem for many people is this—they always want to be in the market, and as a result, they get repeatedly cut down.

Here’s another hard truth: you can never earn money beyond the limits of your own understanding. Don’t underestimate paper trading—it’s the best place to build your courage and temper your mindset. You can fail in simulations as many times as you want, but with real money? One big mistake can mean you’re out of the game.

**Timing Logic at Key Moments**

When major good news comes, don’t sell on the same day, but remember—if the price gaps up the next day, sell without hesitation. The moment the news is realized is often the start of a reversal. Many people have stumbled at this point.

Pay attention to major holidays as well. Start reducing or even clearing your positions a week in advance—this isn’t being overly cautious. Looking at historical trends, the probability of a drop during these holiday windows is just higher.

**Two Approaches: Medium/Long-Term vs. Short-Term**

If you want to play the medium to long game, the strategy is actually simple—always keep enough cash reserves, sell when prices rise, and buy back during dips, rolling like this. Easier said than done; sticking to it means overcoming human nature.

For short-term trading, volume and chart patterns are the two key things to watch. Only go for coins with big swings and active trading; don’t waste your time on dead coins.

There’s also a rule—if the drop is slow, the rebound will drag out; but once the drop accelerates, the rebound tends to be strong. This reflects true market sentiment.

**Stop Loss and Technical Indicators**

It’s not embarrassing to make a bad trade; what’s embarrassing is refusing to cut your losses. Admitting losses and stopping out in time is the key to surviving longer in the market. Only by protecting your capital do you have a chance to bounce back.

For short-term trades, especially on the 15-minute K-line chart, be sure to use the KDJ indicator. This tool helps you find relatively reasonable entry and exit points. It’s not foolproof, but the win rate is high enough.

**Choosing Technical Tools**

There are countless trading strategies in crypto, and it can be overwhelming. But honestly, you don’t need to master them all. Just fully understand and master a select few methods—that’s enough. Trying to do too much will only cause frequent execution problems.

These 10 lessons all come from real trading experience. Hope they give you some inspiration.