Three years ago, holding 10,000 principal and staring at the K-line sleepless nights, I never imagined that today I could grow my account to 900,000 through trading skills. It wasn't relying on a bull market or so-called insider information, but rather turning every loss into tuition, honing six survival rules that every novice must understand. If someone had told me these back then, I could have at least reduced my losses by 80%. Today, take out the driest goods, remember, you are already ahead of 90% of novices.

1. Don't panic and cut losses after a rapid rise followed by a slow decline; don't rush in after a rapid drop followed by a slow rise.

Last week, a certain mainstream variety surged 20% in a single day, followed by three consecutive days of decline, with the community filled with voices of 'I can't hold on anymore' cutting losses, but I remained still. This 'rapid rise followed by a slow correction' is essentially the main force cleaning out floating chips, just like a market vendor deliberately raising prices and then lowering them, aiming to scare away impatient retail investors so they can buy chips at a lower price. What truly needs to be vigilant is the 'sudden cliff drop after a crazy rise', for example, certain popular new coins falling back to their original point within half a day, this is the signal for the main force to flee.

The same goes for the reverse. Last month, when the market crashed suddenly, many people saw a slight rise for several days and shouted, 'The bottom is here!' However, I repeatedly reminded them not to touch it. This 'sharp drop followed by a slow rebound' is often a sign that the main players are offloading in batches. What you think is a rebound is actually them handing you the last baton. In 2022, I fell into this trap; a certain coin dropped by 30% and then rose for five days. I eagerly jumped in, only to be trapped for a full three months. The lesson was profound.

2. Volume is 10 times more reliable than K-line; remember these two signals.

Many new traders stare at the K-line charts for a long time, but overlook the most critical aspect: volume—K-lines can be manipulated, but volume reveals the true intentions of capital. Recently, when leading coins were attempting to breach the 98,000 mark, I noticed that the volume was not keeping up, so I decisively reduced my position by 1/3. Low volume at high prices is like a stage without an audience; no matter how lively it seems, it's all an illusion, and indeed a correction followed. During the previous attempt to reach a historical high in 2021, I missed out on 100,000 because I didn't pay attention to volume. Since then, volume has become my primary indicator.

Another key point: don't be impulsive with a single volume spike at the bottom; continuous volume is the real opportunity. A friend of mine saw a certain coin drop by 50% and suddenly spike in volume last year. He immediately went all in, and ended up being trapped for half a year—single volume spikes can be a trap set by the main players to lure in buyers. A true bottom signal is when there is a period of consolidation followed by three consecutive days of increasing volume while the price remains stable. At this point, the win rate increases by at least 60%. I captured several trading opportunities this way last year.

3. Only those who can stay in cash are the experts. If you don't understand it, don't reach out.

In 2023, more than a dozen new projects with 'hundredfold expectations' emerged in the market, and everyone around me was following the trend, but I didn't touch any of them. It's not that I'm conservative; it's that I always remember: profits in trading come from recognizing what's within your understanding. Opportunities outside of that are traps. Being in cash doesn't mean lying flat; it's about observing the market with your mind—what coins are quietly increasing in volume? Which concepts have real capital entering? Gradually, you'll start to feel the sensation of 'no coins in hand, but a strong sense of momentum in mind.' This sense helped me avoid five major drops last year.

In fact, the crypto space is not lacking in opportunities; what's missing is a calm and non-greedy mindset. The most common mistake new traders make is seeking quick profits, always wanting to catch every wave, which leads to frequent trades that deplete their capital. I went from 10,000 to 900,000, not by catching how many bull coins I found, but by making fewer mistakes.

#加密市场回调 $ETH