The money in your hands, the biggest fear is itching to trade.

Having been in this market for nearly ten years, I have seen stories of overnight riches, as well as the harsh reality of losing everything. Interestingly, those who consider themselves smart often end up losing the most, while some seemingly "dumb" guys manage to steadily make money.

I know an old senior who entered the market with 100,000 yuan and now his assets have increased more than four hundred times. He once said something that left a deep impression on me: "Most of the people in the crypto circle are a rabble. As long as you control your emotions, this market becomes a cash machine." Thinking carefully, the money I’ve earned indeed comes from those seemingly clumsy but effective methods.

**First Pitfall: Frequent Trading**

A typical scenario is this — sell when it rises 5%, only to miss the subsequent double-up; or hold on stubbornly, watching all profits evaporate. This is called "being too clever by half." Small operations like this seem to seize opportunities but actually miss the big trend. True winners prefer to miss small opportunities rather than lose sight of the big direction.

How to break free? Set clear stop-loss and take-profit standards. For example, exit decisively if losing 10%, and take profits in stages when gains exceed 30%. This controls risk while giving profits room to grow.

**Second Choice: Only invest in mainstream coins that have been thoroughly beaten down**

I never gamble on new coins, and those flashy meme coins are even more out of my reach. I only start building positions when mainstream coins are ruthlessly crushed and no one dares to touch them. The longer the time, the greater the room for choice.