Having been in the crypto world for eight years, I still remember the devastating loss in the first three years—losing 70% of my account directly. That was when I truly understood the cost of blood.

Now I can't say I can always win, but surviving until today relies on these survival principles.

The most fatal misconception is one: getting the mindset wrong. Most retail investors stubbornly hold on when losing, but become impatient and rush to take profits when making money. The real way to survive is the opposite—lock in 10% profit when you earn it, cut losses immediately at 5%. This discipline alone can help you avoid countless traps.

Trading volume is the "voice" of the market. Shrinking volume to new highs indicates room for growth; breaking the 20-day moving average and then pulling back with lower volume? That’s a rare entry point. Don’t be greedy—limit your main holdings to 2-3 mainstream coins. Too many positions will inevitably get out of control.

Remember these rhythms: a volume-contracted rally can still go higher; a volume-inflated stagnation signals a top; a huge surge with massive volume will definitely pull back. Watch the 5-day moving average for short-term, and the 20-day for long-term. Break the lines and you should exit—don’t cling to the fight. After a big profit wave, always go to cash and rest to prevent your mindset from drifting and being harvested by the market. When losing, don’t operate recklessly—wait until the profit effect truly returns before taking action.

Trading crypto is never about instant pleasure; it’s about enduring the mindset, cognition, and execution challenges. The market never lacks opportunities; what’s missing is the discipline to follow the rules. In these eight years, I’ve realized that trading crypto isn’t hard; what’s hard is controlling your hands and your heart.