I've experienced most of the pitfalls like contract liquidations, scam coins crashing, chasing gains and panic selling.

At my worst, my account was only left with 10k US dollars, and during that time, it wasn't really a technical issue anymore, it was purely a mental breakdown.
But then I gradually got back on track, and that 10k US dollars slowly grew into my current results.
Honestly, what this experience taught me most isn't "I'm now a trader," but that I finally stopped making reckless moves.
If I had to summarize a few principles for survival, they would be these three points.
First, suppress the "get-rich-quick" mindset.
The biggest problem in the crypto world isn't that people can't make money, but that they want to make a quick fortune.
Many think multiplying their investment by 100x is impressive, but in reality, it's the result of consistently high win rates and long-term mistake avoidance.
Any emotional outburst in the middle could wipe everything out instantly.
Later, my approach became simple: I no longer try to catch the entire market trend, only the part I understand.
Second, minimize exposure to the battlefield.
It's not that only certain coins are tradable, but you must be clear about which environments you're most prone to making mistakes in.
Low-liquidity small coins and overly heated scam coin markets, I deliberately reduce my participation.
Because these areas can offer quick profits but also lead to faster losses, often with no room for error.
Third, the core isn't about attacking but about controlling drawdowns.
Now I focus more on: what happens if I make a mistake on this trade, rather than how much I can earn.
Reduce trading frequency, be more disciplined with position sizes, and once profits reach a certain level, take some off the table proactively to prevent emotional swings.
The same logic applies when increasing position size—just stricter risk control, keeping myself in a state where "one trade won't wipe me out."
In the end, you'll realize one thing:
The crypto market never lacks opportunities; what it lacks are people who can stay in the game.
The real dividing line isn't how much you've earned, but whether you've managed to stay steady after experiencing several major drawdowns.