I know a friend who jumped into the crypto world five years ago with a principal of 200,000. In the first year, he made nearly 800,000 thanks to good luck and thought he was 'the chosen one.' But good times didn't last; the market reversed, and he heavily invested in altcoins, losing half of his money in just a few days. He tried to recover with high-leverage contracts, but ended up getting liquidated, leaving him with nothing. It was at that moment he realized that the crypto world isn't about 'whoever has good luck wins.' Those who truly survive and make money are often the ones who understand the rules.

The crypto world is essentially an amusement park where emotions are amplified. Most people follow the crowd, are greedy for a moment, or become fearful, resulting in chasing highs and selling lows, or being repeatedly harvested. To navigate this market with fewer detours, one relies not on fleeting passion but on clear rules and disciplined execution. Today, I've compiled 15 lessons learned from years of experience in the crypto world to share with those still feeling lost:

1. Luck is the root of risk; hesitation will let opportunities slip away.

2. Long-term is gold, short-term is silver, and swing trading is diamonds.

3. Never go all in; this allows for flexibility in entry and exit.

4. When eating fish, only eat the middle; leave the head and tail for others.

5. Frequent trading guarantees losses; hesitation leads to slow bleeding.

6. Mindset first, strategy second, and technique last.

7. Market trends are born in despair, grow in hesitation, and end in madness.

8. Greed devours profits, while fear makes you miss opportunities.

9. Opportunities emerge from declines; cash is king.

10. Buy with confidence, hold with patience, and sell with determination.

11. There are no universal indicators; those who understand them use them for confirmation, while those who don’t get severely harmed by them.

12. Not cutting losses will eventually wipe out your principal.

13. Be greedy when others are fearful and calm when others are greedy.

14. Novices focus on price, experienced traders look at volume, and experts watch trends.

15. Protect your principal and control risk for long-term stable returns.

These words may sound simple, but very few actually practice them. Most people either seek small gains or become impatient, wanting to reach the top in one step, ultimately being schooled by the market. Remember, the crypto world isn't about who is smarter, but who can keep their hands steady. Learn to abide by these rules, and you can avoid many detours. Follow @首席交易大师-小刀 for risk prevention; it’s highly effective!