After years of grinding in the crypto market, I’ve seen too many people get wiped out and forced to leave because they ignored basic principles. Today, I’m writing down the eight key lessons I review every day before the market opens. I can’t promise these will make you rich, but they’ll at least help you survive through several bull and bear cycles in this market.

**Rule 1: Look at both short-term and long-term timeframes**
The daily chart only tells you the big picture. If you really want to catch short-term opportunities, you have to watch the 30-minute chart. Many times, the daily K-line shows a long upper shadow and looks bearish, but when you switch to the 30-minute chart, the structure is completely different—and the next day, it reverses and surges. Real entry signals happen when the short-term charts align with the overall trend.

**Rule 2: Doing nothing is better than over-trading in chaos**
When the trend is broken and key levels are lost, the smartest move is to do nothing. Once the market rhythm is disrupted, the more you trade, the more likely you are to get cut. Going with the trend is always the top rule.

**Rule 3: Only trade what’s hot**
Short-term trading must follow where the money is flowing. Coins with no narrative, low attention, and thin volume are traps, no matter how perfect the technical setup looks.

**Rule 4: Suppress all impulses**
Strictly stick to your trading plan. Don’t let the market lead you by the nose. Entries without a plan are basically emotional trades, and nine times out of ten, those lose money.

**Rule 5: Other people’s opinions are just for reference**
No matter how good an analyst is, they can’t be right every time. Any opinion should only be a supplement—final decisions are always yours, so use your own logic to verify.

**Rule 6: Pick the direction first, then the asset**
If you get the direction right, almost any asset will make you money. If you get the direction wrong, no amount of careful selection will help. Never reverse this order.

**Rule 7: Buy what’s rising, don’t try to catch the bottom**
Many people love bottom-fishing, thinking “it has to rebound here,” but they end up buying lower and lower. Price always moves in the path of least resistance. Entering with the upward trend gives you the highest chance of winning.

**Rule 8: Stop trading after big wins or losses**
Whether you just made a huge profit or got liquidated, immediately go flat and cool off. Figure out the logic behind your gains and the reasons for your losses, and reassess your own state of mind. Over the years, I’ve found that coming back with a stable mindset greatly improves decision accuracy.

These eight rules seem simple, but very few can truly stick to them. The market won’t change for your emotions—the survivors are always those who respect the rules and manage risk.