Have you noticed? In the crypto market, 80% of people can't last 3 years. They're either washed away by bear markets or fall into the trap of 'wanting to make quick money.' I entered the market during the bear market in 2018, stepped on the landmine of contract liquidation, and missed out on the hundredfold coins. After 7 years of trial and error, I've finally found a way to achieve stable profits. Today, I'm sharing with you 10 practical experiences that are not just empty theories; they're lessons learned from real money lost. If you grasp these, it can at least help you survive in the market for another 5 years!
1. Don’t be greedy with small funds; mastering one trend a year is enough.
For friends with funds under 200,000, let me give you a piece of advice: don't think about catching every wave every month. Just understanding the main upward trend once a year is enough to outperform 90% of people. When I first entered the market, I always felt that 'being in cash is a loss,' so I was constantly fully invested, changing assets daily. As a result, transaction fees and losses wiped out 40% of my principal. Later, I realized: the core of small capital is 'margin for error.' Keeping 30-40% cash on hand means that even if you make the wrong judgment, you still have the capital to bounce back. It's 10 times more reliable than stubbornly holding a full position.
2. Simulation accounts are not toys; they are your "lifesaving training ground."
Never expect to "practice" with real trading—this market doesn't believe in tears; making a mistake with real money could mean being completely out. I've seen too many newcomers trading with real money, getting euphoric when prices rise and panicking when prices fall, completely losing their mental stability before even discussing profits. I suggest using a simulation account for 3 months to focus on practicing "profit-taking and stop-loss execution" and "maintaining mental stability during market fluctuations." Once you can make a profit for 3 consecutive months on the simulation account, then try a small amount of funds in real trading; you can't skip this step!
3. Take profits quickly when good news is realized; don't become a "bag holder".
"Good news is often followed by bad news" may sound cliché, but it proves true every time. Last year, a well-known project released significant good news, and a group of my friends waited for "another wave of increase." As a result, they didn't sell on that day, and the next day it opened high and plummeted. Some went from a 20% profit to a 15% loss. Remember: when encountering sudden good news, if you haven't established a position beforehand, don't chase it if you missed it on the same day. If you are already holding, and you haven't sold that day, sell a portion as soon as it opens high the next day; securing profits is always more rational than "betting on a higher return."
4. Wrap up positions in advance during holidays; risk avoidance is more important than making money.
After reviewing 5 years of market data, you'll discover a pattern: the market tends to weaken or even plunge during the week leading up to major holidays. The reason is simple; institutions and big funds need to prepare for the holidays, leading to decreased market liquidity, making it easier for small funds to cause abnormal fluctuations. My current habit is to start reducing positions a week before the Spring Festival, National Day, and Christmas, leaving at most 20% of my position to observe. Even if I miss small market movements, I won’t panic—preserving the principal means there will be plenty of opportunities after the holiday.
5. Don't hold onto mid-to-long positions blindly; "rolling operations" are the key.
Many people think that mid-to-long term means "buying and holding," only to end up going from a 50% profit to a 20% loss. The essence of mid-to-long term is "keeping cash + rolling strategy": for instance, if you hold a certain asset, reduce your position by 30-40% when it reaches your expected resistance level, and then buy back when it drops to the key support level. This way, you retain your base position while using the price difference to lower costs. For one mainstream asset I hold, I used this method to roll three times, reducing the cost from $100 to $30, so I'm not worried even if the market corrects.
6. For short-term, only focus on "active stocks"; don't touch stagnant ones.
Short-term trading relies on volatility; assets without trading volume are like stagnant water, easy to enter but hard to exit. I have a strict rule for short-term trading: only look at assets with increasing trading volume over the past 3 days and candlestick fluctuations of over 5%; those that fluctuate less than 2% daily with inconsistent trading volume are strictly off-limits. Remember: short-term is about "making money from volatility"; without volatility, even the best techniques are useless.
7. The speed of market declines hides secrets; the speed of rebounds depends on the "rhythm."
Market movements are not random; hidden signals of rebounds lie within the rate of decline. If an asset is slowly declining, dropping 2-3% each day, then the rebound is likely to be gradual as well; don’t expect an immediate surge. But if there is "accelerated decline," for instance, dropping more than 10% in a day or two consecutive large red candles, then the rebound often comes quickly and fiercely. At this point, you can take a small position to bet on the rebound, but be sure to set a stop-loss and take profits when the opportunity arises.
8. If you bought the wrong asset, don't stubbornly hold on; stop-loss is your "lifeline."
I've seen the most tragic cases: someone bought a meme coin, couldn't bear to sell after it dropped 10%, and ended up lying flat after it fell 90%. This market is full of opportunities, but what it lacks is the "patience to preserve capital while waiting for opportunities." Now, whether I'm doing short-term or mid-to-long term, I always set stop-loss levels in advance: 3-5% for short-term, and 10-15% for mid-to-long term. Once it hits the level, I cut my position without hesitation—I'd rather miss a rebound than let my capital be trapped deeply.
9. For short-term trading, look at the 15-minute candlestick; KDJ helps you find entry and exit points.
For short-term trading, you don't need to look at too many complex indicators; 15-minute candlestick + KDJ is enough. My method is: when the KDJ indicator shows a golden cross at a low level (the K line crosses above the D line), and the trading volume increases, you can buy with a small position; when the KDJ shows a dead cross at a high level (the K line crosses below the D line), no matter whether you are making a profit or not, reduce your position first. With this method, I’ve increased my short-term trading success rate from 40% to 60%; while it’s not 100% accurate, it can largely help avoid traps.
10. Skills are not about quantity; mastering one or two moves is enough.
Trading skills on the market are varied, with terms like "moving average strategy," "volume-price divergence," and "Fibonacci retracement." Many people learn a bunch but end up more confused. In truth, there's no need to be greedy for everything; most of my friends who make stable profits are only proficient in one or two moves: some focus on mid-to-long term rolling, while others only do short-term breakouts. Mastering one move to perfection is more reliable than blindly following 10 methods. I personally rely on "15-minute KDJ short-term + mid-to-long rolling" to survive the bear market and seize opportunities in the bull market.
Lastly, let me say something heartfelt: encrypted trading is not a "get-rich-quick" casino; it's a battlefield of "cognitive monetization." If you can endure loneliness and grasp the rules, money will naturally flow into your pocket; if you're always thinking about making quick money and following trends, even if you make a profit occasionally, you'll have to give it back sooner or later.
Every week, I break down market trends and discuss techniques here; I'm not teaching you to "make guaranteed profits" (that's a scam), but helping you avoid pitfalls and reduce risks. Follow me, and next time I'll show you "how to find the main force's direction from trading volume," let’s slowly get rich together in this market, and don’t let hard-earned money go to waste.
