Have you been trading cryptocurrencies for half a year without making any money? That's very normal. I have been navigating this market for 12 years, from frequent losses at the beginning to now accumulating profits of over 60 million, having stepped on countless pits and experienced several liquidation events. Every failure has been a painful lesson. Today, I want to share the trading insights I’ve summarized over the years. Mastering a few of these can basically help you surpass most retail investors.

**Tip 1: Don't full position if your capital is small**

With less than 20,000 yuan, it's enough to seize just one main upward wave per year. The key is patience during days without market movement; patience is your greatest confidence. Rushing and frequent trading will only accelerate losses.

**Tip 2: Cognition determines the profit ceiling**

Always practice with a demo account to refine your mindset and courage before real trading. A demo allows unlimited failures and adjustments, but real trading opportunities are limited. One major mistake can mean the end.

**Tip 3: Good news landing can be a selling point**

This is the easiest trap to fall into. If a major positive news is announced and there's no rally on the same day, consider reducing your position on the next day’s high open; otherwise, you risk being caught.

**Tip 4: Be cautious during holidays**

History repeatedly proves this rule. Reducing or even closing positions before holidays is a prudent approach. The saying "markets tend to fall during holidays" is not scare tactics.

**Tip 5: Rely on cash reserves for medium- and long-term**

Maintain sufficient cash flow, take profits at high levels, and deploy gradually at low levels. This is the rhythm for long-term gains. Going all-in during a wave is a game for big players; retail investors doing so only invite trouble.

**Tip 6: Only choose active coins for short-term trading**

Coins with low trading volume and dull charts waste your time and drain your mental energy. For short-term trading, focus on those with frequent fluctuations and high participation.

**Tip 7: The pace of decline determines the speed of rebound**

A slow, gradual decline can be very frustrating during a rebound, but if the decline accelerates, the rebound often comes back faster. Timing this rhythm is crucial.

**Tip 8: Admit mistakes and cut losses immediately**

If you buy wrong, don’t hide from it—cut losses at once. As long as your principal remains, opportunities are always there. This is the fundamental rule for survival in trading.

**Tip 9: Use 15-minute K-line charts for short-term**

For short-term trading, focus on 15-minute K-line charts combined with the KDJ indicator. It can help you discover many good buy and sell points.

**Tip 10: Master one or two methods thoroughly**

You don’t need to master all trading techniques. Focus on one or two and refine them to perfection. With strong execution, results will naturally follow.

Each of these ten tips is based on my real account gains and losses. Avoiding detours is itself a way to make money. The market is vast, and those who persist will ultimately reap rewards.