Trading cryptocurrencies for a living for 10 years, grateful for these experiences that earned 30 million

1. Losing money without stopping losses and not being able to hold onto profits is a common problem for most retail investors.

2. In investing, the most important thing is summed up in four words: go with the trend. Shorting during an upward correction is suicidal; adding leverage is like committing suicide in style.

3. The direction of the market is the combined expectation of all participants; do not impose your own will on the market.

4. Win rate is not important at all; the profitability of a trading system has nothing to do with its entry win rate. Don’t be envious of others making a few points; you don’t know about their losses, so patiently wait for your own opportunity.

5. Not every upward candle in the market can make you money.

6. Opportunities come to those who wait; good hunters are not impatient. In a fluctuating market, no one can make big money.

7. In the secondary market, there are not only "buy, buy, buy" operations; closing positions, reducing positions, and holding no positions are also operations.

8. For a retail investor with a few million in capital, there aren't that many "big players" or "imaginary enemies" in the market. Your biggest enemy is your own greed and fear.

9. The secondary market never lacks for stars; what it lacks are wise investors.

10. 70% of people in the market lose money; really, there aren’t that many experts.

11. Stay rational, respect the market; in front of the market, everyone is fodder. Be cautious, as a single chance at wealth has little to do with me.

12. Some trades, even if they lose, are still right; some trades, even if they profit, are still wrong.

13. Focus on risk control more than returns, and do it early.

14. Do not develop feelings for your holdings; large losses often come when you are most confident. The trade that makes us lose the most money might be the one we are the most confident in.

15. Each of the above points is very difficult to achieve and requires long-term practice. There is a long, long way to go between knowing and doing.