The crypto market operates 24 hours a day, and fluctuations at midnight often make it hard to sleep. In fact, the core of trading is to patiently wait rather than frequently operate. Staring at the market all day will only make you anxious and accelerate losses.

Remember these 5 phrases to avoid detours: Follow trends and wait for pullbacks, trade ranges and wait for highs and lows, seize rebounds and wait for volume, make breakthroughs and wait for retests, and bottom-fish and wait for reversals. These are lessons learned from real trading losses, and understanding them can help you avoid many pitfalls.

Choosing the right trading time is crucial. During the day, information is chaotic, fake news is rampant, and the market can be misleading. It is recommended to operate after 9 PM when news has settled, and the K-line patterns are clear, leading to more accurate judgments.

Taking profits is key; the mindset of 'wanting to earn more' is the root of losses. For example, if you make a profit of 1000 USDT, immediately withdraw 300 USDT, and trade with the remaining amount. Don't be greedy; money in your wallet is real.

Use indicators for decision-making; I recommend TradingView, focusing on MACD (golden cross for bullish, death cross for bearish), RSI (overbought and oversold signals), and Bollinger Bands (breakout direction). Only enter the market when at least 2 indicators align to reduce the error rate.

Stop-loss should be flexible. When watching the market, adjust the stop-loss price with profits; for example, if you buy at 1000 USDT and it rises to 1100 USDT, raise the stop-loss to 1050 USDT. If not monitoring, set a hard stop-loss at 3% to protect your capital for future opportunities.

Withdraw 30% of profits weekly; don’t let the account numbers be just numbers. Long-term persistence can lead to steady appreciation and reduce stress.

Using K-lines accurately at the right time: for short-term trades, look at the 1-hour chart; two consecutive bullish candles can indicate a long position; for range-bound markets, look at the 4-hour chart and enter safer when it hits support.

These experiences are gained from years of profit and loss; I hope they can help you, and I suggest saving them for future reference.