The first day I entered this circle, I gave up on the idea of "getting rich overnight." To be honest, the crypto market is more like a jungle, with traps far more numerous than opportunities. Why do 90% of people end up losing money? It's not because of a lack of intelligence, but because they always want to find shortcuts, which often leads them into pits.

I set strict rules for myself—only use a quarter of my funds to enter each position, and cut losses immediately if a single loss exceeds 3%, without hesitation. Calculated this way, even if I lose five times in a row, the total loss is only about 15%. As long as I catch a real trend, the chance to turn things around is very high. Some people think this pace is too slow, but in the crypto world, it's not about who makes money fast. The ones who can survive are the true winners. Those accounts showing hundredfold returns? They’ve probably blown up their positions countless times behind the scenes, but you can’t see that.

Many people are obsessed with the concept of "bottom fishing," not realizing that the easiest way to get caught is halfway up the mountain. I’ve also fallen for this trap before, but afterward, I completely understood a principle: there’s no bottom in a downtrend, but an uptrend has momentum. Take ETH as an example: when it crashes hard, I don’t rush in to catch the falling knife. My approach is to wait until it breaks through a key resistance level, and only after the MACD forms a golden cross below the zero line and confirms, do I start building positions gradually. This may sound like old advice—"the trend is your friend"—a phrase that’s been around for decades. But how many truly believe in it? Anyway, following this principle has helped me avoid countless deep pits.

Every day, the market sees coins soaring 200%, making it seem like there are endless profit opportunities. But in reality? Those are traps carefully set by the big players. Their only goal in pumping the coin is to find someone to take the other side of the trade. Beginners rush in ten times, and nine times out of ten, they end up getting buried. I prefer to slow down my gains and stick to mainstream coins—BTC and ETH—plus a few Layer 2 projects with real ecological support. For projects I don’t understand, I treat them as scams because the crypto world is never short of those that look fancy but are essentially air coins.

Regarding trading tools, many people pile on all kinds of complex indicators—RSI, Bollinger Bands, stochastic oscillators—filling their screens. But I take the opposite approach—just use MACD. It’s simple enough and effective enough. No matter how complex the technical analysis gets, it ultimately boils down to one core logic: trend confirmation is what makes it worth betting on.