Having navigated the crypto space for 8 years, experiencing countless ups and downs, I ultimately turned the situation around through persistence and a solid methodology. Today, I want to share the trading insights I've accumulated over the years, hoping to help you avoid detours.

**The Art of Capital Management**

If your capital is within 200,000 yuan, there's no need to trade frequently. Instead of watching the market every day, focus your energy on one major upward wave. Most importantly: never be fully invested at all times. Leaving some room to maneuver allows you to respond calmly to market fluctuations—this is the secret to longevity.

**Cognition as the Ceiling of Returns**

People can't earn more than their level of understanding, I firmly believe this. Want to truly improve your trading skills? Start with a demo account to train your mindset and courage. Simulations allow unlimited trial and error, but a single margin call in real trading could push you out of the market forever, losing your chance to bounce back.

**The Bright Side of Good News**

People who get excited at major positive news often suffer the worst losses. When good news hits, if you haven't sold out that day, you should decisively sell at the next day's high open. Once the good news is exhausted, it often signals the start of a downturn. Greed can trap you in a position.

**Risk Awareness Before Holidays**

One week before major holidays, it's advisable to gradually reduce your holdings or even consider going completely flat. Historically, Bitcoin and other cryptocurrencies tend to retrace during holidays. Proactively avoiding this helps protect your profits.

**Flexibility in Rolling Operations**

Don’t hold onto your chips blindly; always keep some cash on hand. The strategy of "raising the price to reduce holdings and buying back on dips" sounds simple but can generate continuous profits when executed properly. This way, you participate in upward moves and also have ammunition to buy the dips during declines.

**Short-term Trading Has Its Tricks**

Focus solely on trading volume and candlestick patterns. Choose coins with high volatility and active trading, and stay away from those with low activity. Instead of wasting time and funds on sluggish coins, concentrate on actively traded assets for better opportunities.

**Timing Is Key**

You’ll notice that when the decline slows down, the rebound is also slow; when the decline accelerates, the rebound tends to be swift. Grasping this rhythm helps you pinpoint buy and sell points more accurately, rather than guessing blindly.

**Stop-Loss Is Life-Saving**

If you make a wrong move, cut your losses decisively. It may be painful, but protecting your capital is the foundation for long-term survival in the crypto market. A single stubborn hold could lead to irreparable losses.

**Approach to Short-term Monitoring**

If you're trading short-term, you must closely watch the 15-minute candlestick charts, combined with indicators like KDJ to find entry and exit points. This approach can significantly improve your win rate, much more reliable than operating on gut feeling.

**Quality Over Quantity in Technical Skills**

Trading methods are never about having many techniques. Mastering a few that truly suit you is far more effective for consistent profits than learning bits and pieces from everywhere.

Most people lose not because they react slowly, but because they stumble around blindly in the dark. I've made many mistakes myself, so I’m willing to share these experiences. The market is brewing, so don’t keep wandering blindly alone.