After 9 years of trading cryptocurrencies, from liquidation to recovery, I have gained these 14 experiences with my hard-earned money.

1. When a bull market arrives, focus on altcoins; as soon as a bear market hits, switch to Bitcoin. This simple cyclical pattern has helped me avoid countless pitfalls.

2. If you see a coin suddenly spike in volume, don’t hesitate, add it to your watchlist immediately. This is a signal that major players are entering, and significant movements often follow.

3. For coins in an upward trend, a pullback to the 30-day moving average is a money-making opportunity. I’ve used this buying point for 8 years, and it has never failed me.

4. You only need to catch 2-3 major trends a year. Those who watch the market every day and trade constantly end up being the exchange's cash machines.

5. Never go all in! I only use a maximum of 70% of my funds, and the remaining cash is my safety net. The more you average down on a junk coin, the faster you die. Cutting losses in time is what smart people do; those who stubbornly hold on end up with nothing.

6. News is often released by manipulators to cut retail investors. Those who gamble on news now have grass two meters high on their graves.

7. Never touch unfamiliar coins. I focus on just a few tracks, and that’s where I make the most profit.

8. When everyone is shouting 'Go, go, go,' it’s time to run. I learned this principle after paying a price of seven figures.

9. Altcoins rise quickly but fall even faster. Never believe the nonsense that 'this time it’s different.'

10. Hot coins are like passing the buck; the last one holding the bag is always you.

11. Building your own trading system is more important than anything else. My current system is so simple that it has only three rules, yet it can make consistent profits.

12. Those who treat trading as gambling end up losing everything. Those who treat it as investing can survive.

13. Always use spare cash! Use spare cash! Use spare cash! This is important, so I’ll say it three times.

14. Learning to stay in cash and wait is the highest form of trading. The market is never short of opportunities; what it lacks is patience.

Making money in a bull market relies on luck, while not losing in a bear market relies on skill. This market ultimately rewards those who endure.