Do you think it's hard to earn your first one million in life? Actually, as long as you avoid these 9 pitfalls, an ordinary person can do it!

Many people enter the market thinking about becoming rich overnight, but in the end, they neither make money nor maintain their emotions.

To be honest, I've also taken many wrong turns and fallen into many traps, but later I summarized the following 9 experiences.

If you have little money, don’t expect to get rich every day.

If you have less than 100,000, stop thinking about multiplying it by dozens. It's good enough to catch a wave of market movement every day, don’t be greedy! Many people hold on when they should sell, resulting in losses instead of profits, which is too common.

Don't wait until the next day for good news.

When good news comes out, don’t hesitate, sell if you need to. A high opening the next day is usually the last chance to escape; once the good news is realized, it can easily turn into bad news.

Act fast before major news & holidays.

When the market faces major events, it will definitely shake. When the direction is uncertain, it’s better to stay on the sidelines with no position.

For medium to long-term, don’t hold heavy positions.

If you want to hold for a wave, you must be steady and not go in heavily. Leave yourself a way out; being flexible in adjustments will help you survive longer.

Short-term trading relies on “speed”!

Short-term trading is like fighting; you can’t drag it out. When the market moves, find opportunities to enter immediately. If the market is stagnant? Then patiently wait; don’t create chaos yourself.

Small fluctuations rise slowly, large fluctuations fall quickly.

This is a market rule; if you don’t understand this, you’re likely to go against it.

If you’re wrong, cut your losses, don’t hold on stubbornly.

If the direction is wrong, leave immediately; don’t be superstitious. Cutting losses is to protect your capital, so you can have ammunition for the next comeback.

For short-term trading, look at the 15-minute K-line + KDJ indicator.

Don’t rely solely on feelings; technical tools can help improve your win rate. Especially for short-term trading, the 15-minute chart + KDJ is my “golden partner.”

Most importantly, is your mindset!

In the cryptocurrency market, it’s very normal for prices to fluctuate by dozens of points in a day. You need to learn to control your emotions, maintain your mindset, and not jump around with the market.

Not everyone can win in this market, but those with strategy, rhythm, and mindset can survive and turn things around.

Now the market is fluctuating repeatedly, don’t operate recklessly. Follow me, and let's prepare for the next round of explosive opportunities in advance!

I am Xiao·Peng, a practical trader focused on short-term strategies and wave analysis.

Want to break even? Want to recover losses? Follow me for more practical and valuable content ahead! ##币安HODLer空投SAHARA