Having been in the crypto market for many years, I have seen too many people deplete their capital through repeated chasing and panic selling. Instead of blindly rushing in, it’s better to learn how those who truly survive think.

**The First Lesson in Capital Allocation**

If your principal is less than 200,000, don’t expect to turn things around through frequent trading. Catching one major upward wave per year is enough. Going all-in on a bet may seem exciting, but it’s actually gambling on luck rather than trading.

**Mindset and Cognition Are the Boundary**

The biggest difference between a demo account and a real account is psychological. In a demo, you can make mistakes without consequences, but in real trading, a failure could mean losing everything. Exposing your true courage and fear in a simulated environment is more useful than memorizing any theory. People can never earn money beyond their cognitive scope.

**The Trap of Profit Realization**

It’s best not to sell on the day of a major positive announcement, but remember: if the market opens high the next day, you must sell. This is not accidental but a market rule—positive news often turns into negative when it’s time to realize profits. Also, reduce or even completely exit positions a week before holidays; historical data shows that markets tend to fall more than rise during holiday periods.

**Mid-Long Term Survival Rules**

Maintain sufficient cash reserves, sell at highs during rebounds, and buy at lows during dips, cycling repeatedly. This is called rolling operations, and it’s the strategy used by those who survive the longest.

**What to Watch for in Short-Term Trading**

Volume and chart patterns are key. Active coins with big swings are tradable; avoid stagnant, water-like markets with no volatility. The speed of decline determines the speed of rebound—slow declines with slow rebounds, rapid declines with quick rebounds.

**Specific Technical Operations**

A 15-minute candlestick chart is essential for short-term trading, and the KDJ indicator can help you find good buy and sell points. But don’t get overwhelmed by the variety of indicators—master a few, as overloading can cause confusion.

**The Final Bottom Line**

If you make a wrong move, admit defeat and cut losses promptly. Preserving your capital is fundamental to surviving in the market. This is not pessimism; it’s respect for risk.