Today I want to share some personal insights, hoping to help those of you in the crypto world who are exploring this path.

First of all, I want to emphasize that a good mindset is more important than skills.
1. Capital management:
If your funds are limited, you need to be more frugal. It is enough to seize one big surge opportunity in a year. Don't always operate with a full position; keep some funds in reserve to deal with emergencies.
2. Enhance cognition:
Returns are closely related to your level of understanding. Simulated trading can help you familiarize yourself with the market, but trading with real money will bring greater psychological pressure and challenges.
3. Timely take profit:
When there is good news, if it cannot be sold on the same day, the highest point at the opening the next day is the best exit point. Good news usually triggers a large sell-off, leading to a price pullback.
4. Holiday Strategy:
As the holidays approach, reduce your positions in advance or simply refrain from trading. During the holidays, market activity decreases, and there is a high probability that manipulators will take advantage of the weak liquidity to create disturbances.
5. Medium to long-term holding:
When making medium to long-term investments, ensure you have enough liquid funds on hand. Sell appropriately when prices rise and buy more when they fall, which can lower costs and flexibly adjust your strategy.
6. Choose superior coins:
When trading short-term, choose those coins with high trading volumes. Coins with poor liquidity may get you into trouble.
7. Understand market rules:
The market often presents a pattern where there is usually a mild rebound after a slow decline; whereas after a sharp drop, there may be a rapid rebound.
8. Strict Stop Loss:
Once the direction is found to be reversed, stop loss should be executed immediately, and do not hold onto the illusion of waiting to break even. Protecting the principal is the most important thing.
9. Utilize technical analysis tools:
For short-term traders, it is very important to frequently check the 15-minute candlestick chart and use indicators like KDJ to find buy and sell points. Paying attention to indicators like MACD and RSI is also a good choice.
10. Focus on mastering a few skills:
There is no need to strive to master all technical analysis methods; just focus on a few that suit you best.