If you've been trading cryptocurrencies for over half a year and are still stuck in the same place, it's really time to stop and reflect.

I've been in this circle for eight years, crawling and stumbling around. I've stepped on all the pits I needed to, blown up my positions, and climbed back from the bottom, accumulating over 50 million in profits. Today, I won't talk about stories; I'll share the 10 practical experiences that have allowed me to survive until now and make steady money.

Mastering these will put you ahead of most retail investors.

**1. Don't go all-in with small capital**

It's enough to catch one decent main upward wave a year. Patience is more valuable than frequent trading before the market arrives. Many people just can't sit still, and frequent operations end up eroding their capital.

**2. Without proper understanding, you can't keep the money you make**

Start with a demo account. It allows you to make mistakes infinitely in simulation; one fatal mistake in real trading could mean elimination. This is the difference between paying tuition and risking your principal.

**3. The day good news is realized is often a turning point**

Major news landing and the market not rising? If the next day opens high, consider reducing your positions. Don't let emotions dictate your judgment.

**4. Be cautious before and after holidays**

History has proven countless times that controlling your positions or even staying out before holidays is usually safer than holding on stubbornly. When liquidity is low, risks are amplified.

**5. The secret to medium- and long-term trading is "cash in hand"**

Buy low and sell high, rolling operations—that's the way retail investors can go far. Want to ride a wave to the end? That's mostly a fantasy.

**6. Only trade active coins in short-term trading**

Avoid coins with no volume or volatility. It wastes time and tests your patience. Instead of wasting time there, shift to assets with better opportunities.

**7. The rhythm of decline determines the quality of rebound**

Slow declines are more exhausting, while sharp drops can lead to decisive rebounds. The key is to catch that rhythm accurately.

**8. Cut losses quickly, don't make excuses**

Stop-loss is the bottom line for survival. As long as your principal is intact, opportunities will always exist. Many people fail because they can't bear to cut losses, and in the end, they miss the chance to turn things around.

**9. Don't be too detailed when monitoring short-term trades**

Focus on the 15-minute chart combined with commonly used indicators; this can filter out a lot of noise. Looking at minute-level charts too closely can lead to being shaken out by oscillations.

**10. You don't need many techniques; one or two refined methods are enough**

Choose one or two methods that suit you, refine them repeatedly—this is more important than learning everything. Trying to learn too much at once results in nothing being mastered.

None of these ten points come from books; they are all earned with real money. Avoiding one more pitfall might save you several years of wasted time.