After years of navigating the crypto market, I have a particularly deep insight: most people lose money not because their methods are wrong, but because of insufficient execution and poor mindset adjustment.

You might ask me how I summarized this? Over the years of trading, I’ve stepped on too many pits. Now I want to share the 10 most important principles to remember, especially for friends with smaller capital, these might be more effective than any sophisticated technical indicator.

**Fundamental to survival is money management** For accounts under 200,000, capturing just one decent main upward wave per year is enough. Don’t bother with high-frequency trading; full positions chasing highs will lose the fastest. Keep cash on hand so you can seize opportunities.

**Cognitive boundaries are the ceiling for profit** The amount you can earn will never exceed your understanding of the market. Practice with a demo account to develop your mindset and courage—failure costs are zero. In real trading, one mistake might mean no second chance.

**Good news is a selling point** If you don’t sell on the day major good news is released, and the next day opens high, you must liquidate. This is a painful lesson—when good news is fully realized, it often marks the start of a reversal.

**Reduce positions before holidays** Based on years of experience, before important holidays, you should lower your holdings or even go completely flat a week in advance. Holiday dips are normal; don’t force yourself to gamble through them.

**Medium to long-term is swing trading** Hold cash, sell high, buy on dips, and cycle repeatedly. Persist with this rhythm, and the power of compound interest will gradually show.

**Short-term focus on volume and patterns** Trading volume and chart patterns are key. Volatile, active stocks are worth trading; inactive ones, no matter how tempting, should be avoided.

**The speed of decline determines the rebound pace** Slow declines lead to sluggish rebounds. Once the decline accelerates, the rebound is often fierce. This symmetry is worth pondering.

**Stop-loss is dignity** If you make a mistake in trading, accepting losses is the first choice. Protect your principal to continue playing; once lost, there’s no chance to turn around.

**15-minute K-line and KDJ indicator are very practical** For short-term trading, this timeframe’s charts are especially worth watching. The KDJ indicator can help you find relatively good entry and exit points.

**Master a few strategies is enough** There are thousands of trading techniques, but you don’t need to master them all. Focus on a few, perfect them, and they will outperform knowing many without mastery.

The crypto market is full of opportunities but also traps. These 10 are not absolute truths, but proven market experiences. Using even a few of them can help you avoid many unnecessary losses.