Trading is like learning to drive; you only understand stability after falling.

It has been 7 years, from the exuberance of a bull market to the silence of a bear market. The crypto space feels like an old friend yet also a competitor. I have faced losses, made gains, trembled while monitoring the market in the middle of the night, and even followed the operations of 'experts' only to end up questioning my existence—finally understanding one thing: on the road of trading, you must ultimately ride it with clarity yourself.

1. Don't hand the steering wheel to others.

In the early days, I always wanted to copy others, following the big accounts. I eventually discovered: their stop-loss points might be your liquidation level. The most genuine rule in the crypto space is: when you profit, no one shares with you; when you lose, no one compensates you. Instead of seeking a 'wealth code' everywhere, it's better to calm down and review your transaction records—what trades were made impulsively? What opportunities did you miss?

2. Loneliness is the norm, but don’t build a car behind closed doors.

When the market is good, messages in the group are 99+, but in a bear market, even memes are too much effort to share. But the only two things that can truly accompany you through cycles are:

Your trading system (for example, 'only open positions after a breakout above previous highs with reduced volume')

Your emotional switch (during a crash, do you itch to increase your position, or do you stick to your stop-loss plan?)

3. My practical plan (for example 🌰)

Only trade BTC and ETH: Altcoins are like riding a bike while drunk; it's easy to crash.

Opening conditions: After a trend is established on the daily chart, wait for a 4-hour pullback that does not break the previous low.

Stop-loss: Individual losses should not exceed 2% of the principal; never move the stop-loss position.

Take profit: Exit in three batches, leaving the last 10% of the position to bet on the tail end of the trend.

4. Remember the bicycle principle.

No one learns to ride a bike by watching a tutorial video 100 times; profit = number of trials × quality of reflection. Lost money today? Write it down: 'Why did I lose? How can I avoid this next time?'—this is more useful than reading 10 analysts' articles.

In a bull market, everyone looks like a stock god; the bear market is the real graduation season. Those late-night moments spent alone looking at candlestick charts will eventually become the confidence you have when you press the buy button in the future.