I was born in 1992, and this year I'm 34 years old. Being able to maintain a net worth of 10 million is not because I’m that impressive, but because I’ve lost even more money than that.

Having stepped into eight-digit pits has allowed me to gain these few real experiences. If you want to take fewer detours in the crypto world, it's best to engrave these words in your heart.

In the first few years after I entered the market, I watched the charts every day. Whenever the price dropped during the day, I would panic and scratch my head. But by 9:30 PM, when the US stock market opened, the market often made a comeback.

Later, I understood that if the price drops during the day, don’t rush to buy; wait until the evening when the direction is clearer before taking action, which has a much higher win rate.

Conversely, when the price rises sharply during the day, don’t chase it. I’ve suffered losses a few times; by evening, everything would crash back, and I still remember the feeling of standing at a high point.

Pay close attention to the pin signal, especially those with long lower shadows, as they are often a precursor to a reversal.

I’ve avoided several major drops by relying on this signal, which is much more reliable than guessing based on feelings.

There's no need to be superstitious about news; when you hear about 'major positive developments,' the price has likely already peaked by the time you see the news, and by the time the news settles, it usually has fallen.

I rushed in a few times back then, and I was hit hardest by the news.

Coins that are the loudest in the community should also be approached with caution.

When everyone is shouting about 'hundredfold coins,' 80-90% of the time, someone is offloading.

Now I think the opposite: when others are frantically buying, I’d rather withdraw first.

As for those new coins that flood the internet as soon as they launch, especially those with high market capitalization, many times overheating presents an opportunity to short; once the heat fades, the pullback is harsher than anyone else’s.

However, the market is not only about the noisy opportunities.

Some obscure coins that no one pays attention to might actually hide treasures.

Remember not to go heavy; test the waters with small funds; you might just find a gem.

I’ve turned my fortunes around a few times with this small trial.

Finally, this lesson cost me dearly: never go heavy.

Don’t forget, the size of your position is crystal clear to the exchange.

If the order is too large, not only will your mindset struggle, but market fluctuations can sweep you out in minutes.

I once faced a margin call with a heavy position and lost so much that I doubted my life choices.

Since then, I’ve never dared to act too heavily; surviving is the hard truth.

These lessons weren't learned from books; they are the lessons I bought with real money.

Opportunities in the crypto world are always there, but your capital is only once.

If I can help you avoid the detours I took, it’s worth it.