Insights and reflections, I’d like to share with everyone

1. Always respect the market, don’t go against the trend
There are no eternal bulls or bears in the crypto world; once a trend is established, follow the momentum. Fighting against the trend or blindly guessing tops and bottoms, 90% of the time leads to deep losses and liquidation. Don’t let subjective emotions oppose the market movement.
2. Position size is the lifeline, heavy holdings will lead to death
Even in confirmed markets, don’t go all-in. Use small positions to test the waters, add or reduce positions in batches, leaving enough room for error. Surviving is always more important than getting rich overnight.
3. Stop-loss is the bottom line, not setting a stop-loss is gambling
Without a stop-loss, all unrealized losses are just numbers on paper. Once a waterfall decline occurs, you get caught, locked in, or cut at the bottom. Set your stop-loss before entering, strictly follow it, and don’t rely on luck.
4. Don’t chase highs or bottom-fish
Buying in after a crazy rise just takes over the bag, and blindly bottom-fishing during a prolonged decline often results in buying halfway up the mountain. Better to miss opportunities than make mistakes. Only trade what you understand, and give up uncertain chances.
5. Quit greed and fear
Taking profits too early or holding on to losses unwillingly are the main reasons people lose money. Establish clear rules for taking profits and cutting losses, execute mechanically, and reduce emotional impact from market fluctuations.
6. Only trade mainstream assets, stay away from shanzhai and low-quality projects
Niche altcoins, air tokens, and low-quality projects are mostly traps for harvesting retail investors. They lack fundamentals and consensus, and their rise is just for dumping. Ordinary traders often lose money on these.
7. Don’t trade what you don’t understand, avoid unfamiliar sectors
If you don’t understand a coin, the market, or the model, don’t participate. Only trade in cycles and assets you are familiar with. Money outside your expertise won’t make you profit.
8. Trading is about self-cultivation, not gambling
Crypto trading isn’t about luck; it’s about mindset, discipline, and risk control. Short-term gains or losses are insignificant. Long-term stable profits are the goal—stability is more important than speed.
9. Lock in profits, always withdraw gains
No matter how much unrealized profit you have, it’s just numbers until you withdraw. Regularly take profits and exit the market. Put the gains in your pocket—that’s the real profit that belongs to you. $BTC $ETH
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