In the early years of trading cryptocurrencies, like many others, I stayed up late every day, obsessively watching the market, chasing highs and lows, and lost sleep over it. Later, I gritted my teeth and stuck to one clumsy method, surprisingly managing to survive and slowly start stabilizing my profits.

Looking back now, this method, though clumsy, works: 'If I don't see a familiar signal, I absolutely won't act!'

It's better to miss an opportunity than to place random trades.

By adhering to this ironclad rule, I can now stabilize my annual returns at over 50%, and finally no longer have to rely on luck to survive.

Here are a few safety tips for beginners, all based on my real trading losses:

1. Trade only after 9 PM

During the day, the news is too chaotic, with all kinds of false positives and negatives swirling around, causing the market to jump around like a fit, making it easy to get fooled into entering.

I usually wait until after 9 PM to operate, as news is generally stable by then, and the candlestick charts are cleaner and the direction clearer.

2. If you lose, cash out immediately for safety

Don't always think about doubling your money! For example, if you lose 1000U today, I suggest you immediately withdraw 300U to your bank account and keep playing with the rest.

I've seen too many people who 'tripled down and wanted to quintuple' their investment, only to lose everything in a single pullback.

3. Look at the indicators, not just feelings

Don't trade based on feeling, that's just blind guessing.

Install TradingView on your phone, and check these indicators before trading:

• MACD: Is there a golden cross or death cross?

• RSI: Is there overbought or oversold?

• Bollinger Bands: Is there a contraction or breakout?

At least two of the three indicators must give consistent signals before considering entering.

4. Stop losses must be flexible

When you have time to watch the market, if you make a profit, manually adjust your stop loss up; for example, if you buy at 1000 and it rises to 1100, raise your stop loss to 1050 to protect your profit.

But if you need to go out and can't watch the market, make sure to set a hard stop loss at 3% to prevent a sudden crash from wiping you out.

5. Must exit every week

Unwithdrawn funds are just a numbers game!

Every Friday without fail, I transfer 30% of my profits to my bank account, and continue to roll over the rest. This way, over time, my account will become thicker.

6. There are tips for reading candlestick charts

• For short-term trading, look at the 1-hour chart: if the price has two consecutive bullish candles, consider going long.

• If the market is sideways, switch to the 4-hour chart to find support lines: only consider entering near support levels.

7. Absolutely avoid these pitfalls!

• Don't leverage more than 10 times; beginners should ideally stay within 5 times.

• Avoid dog coins and meme coins; they are easy to get wrecked.

• Do a maximum of 3 trades a day; too many can lead to loss of control.

• Absolutely do not borrow money to trade cryptocurrencies!!

One last piece of advice for you:

Trading cryptocurrencies is not gambling; treat it like a job, clock in and out every day, shut down when it's time, eat when it's time, sleep when it's time, and you'll find—your profits will actually be more stable.