#数字资产市场动态 In 2017, I started with 7,000 yuan, experienced liquidation, took out online loans, and accumulated debt—all the lessons in the book. Eventually, I grew my initial loan of $1,000 into a eight-figure sum. Today, I’ve summarized the core trading methods into three parts, hoping to help beginners avoid pitfalls.

**1. The Three Pillars of Trading**

1. Determine the trend from the larger timeframe
Focus on the 4-hour and daily charts for decision-making. The market typically shows these three patterns:
- Consecutive bullish candles breaking previous highs — market accelerating upward
- Consecutive bearish candles breaking previous lows — market creating selling pressure
- Price oscillating repeatedly — no clear signal, time to rest

The logic is simple: buy in an uptrend, sell in a downtrend, and when sideways, just relax.

2. Capture key support and resistance levels
Price movement is like a rubber ball—bouncing off the bottom and pulling back from the top. Quickly identify these key points with three methods:
- Draw straight lines connecting previous highs and lows
- Apply Fibonacci retracement levels
- Find the price zones with the highest historical trading volume

These levels serve as reference points for entry and exit.

3. Use smaller timeframes to pinpoint precise entry and exit points
After confirming an uptrend on the daily chart, switch to the 15-minute chart to find specific buy and sell signals:
- MACD shows a bullish crossover with increased volume
- Price breaks through a descending trendline
- Long lower shadows with doubled volume candles

When any two of these signals appear together, it’s a good opportunity to enter.

**2. Eight Principles for Survival**

1. Currency selection: Only trade BTC and ETH; other altcoins are too risky
2. Position management: Risk no more than 5% of your account on a single trade
3. Stop-loss setting: Exit if the price falls below a key support level by 3%
4. Take-profit plan: Use a 3:1 reward-to-risk ratio (e.g., take profit at 3000 when risking 1000)
5. Trading hours: Avoid the high-volatility period from 3 AM to 5 AM
6. Backup plans: Always prepare two different trading strategies
7. Daily review: Record three key lessons learned from each day’s trades
8. Discipline in execution: After a loss, force yourself to close the trading app for two hours and calm down before trading again

**3. Ironclad Survival Rules**

■ Never chase the market or panic sell: When BTC surges 10%, smart traders reduce their position, not add to it

■ Entry point is more important than anything: Better to miss 100 opportunities than to enter at the wrong price

■ Mindset cultivation:
- After a few wins, withdraw half of the profits
- After liquidation, delete your trading app for three days to rest
- Remember this every day: as long as you’re alive, there’s a chance to turn things around

Honestly, there’s no overnight wealth in crypto—only trading systems built with blood and tears. The real risk isn’t having only $1,000, but repeatedly making mistakes with the wrong methods 1,000 times. Find a rhythm that suits you, stick to it, and success will come naturally.