After eight years of trading, the first four years I lost 70% before I figured out this trading method. Now I want to organize these experiences and hope they can help friends who are still exploring.

**Tip 1: Contrarian Trading**
Retail traders' Achilles' heel is running after profits and holding on to losses. My current approach is completely opposite—if profit exceeds 15%, I exit immediately once it drops 10%; if loss exceeds 5%, I cut without hesitation. It may seem mechanical, but using the "10% profit, 5% loss" rule, even if I win only 50 out of 100 trades, the account can still grow by 800%. The power of this system lies in earning more when you win and losing less when you lose.

**Tip 2: Volume Speaks**
Many people only look at candlestick charts, which is a big trap. When volume shrinks but new highs are made (less than 50% of previous volume), it often indicates the main force is controlling the market, and the upward trend has a high probability. Conversely, during a sharp rise, if volume doesn’t exceed twice the usual, the next day is likely to continue rising. Another golden rule: when breaking above the 20-day moving average with shrinking volume, it’s the best buying point. Keep an eye on tokens like $ZEC; this signal has proven very reliable.

**Tip 3: Focus Your Firepower**
Holding too many positions is asking for trouble. Spreading funds thinly and adding small amounts here and there often results in a complete collapse. My current rule is simple: if you hold more than 5, you must cut; prioritize selling those that fall below the 20-day moving average. Keep positions to 2-3, which makes it easier to monitor and act decisively.

**Tip 4: Intraday Rhythm**
The 24/7 market can be unpredictable, but don’t panic during a big intraday dip, as it often rebounds. Be cautious at the close—sharp surges are usually fake, and a correction is likely the next day, so reduce your positions then. I’ve summarized a rule for myself: volume shrinking but price rising still means it can go higher; volume shrinking and price falling still means it can go lower; a surge on high volume indicates a top; volume drying up after a rise signals a bottom; huge volume spike followed by a rapid rise will definitely pull back. For active coins like $SOL, this pattern is especially clear.

**Tip 5: Trend Is King**
No need to predict—just follow the trend. Short-term, watch the 5-day moving average; if volume breaks above it, follow. Medium to long-term, monitor the 20-day moving average; breakouts signal entry, breakdowns signal exit. This approach looks simple but requires discipline to execute. The key is to follow the flow of funds and avoid betting on reversals.

**Tip 6: Rebound Tactics**
This is a more advanced technique I learned later. After a strong coin surges, if it suddenly hits a limit-down (first red candle), and several conditions are met—popularity remains, the decline is severe, turnover is high, the next day opens flat or higher, and the correction lasts no more than 2 days—the probability of a rebound is very high. This isn’t an everyday opportunity, but when it appears, it can be a big profit.

**Tip 7: Take a Break After Big Gains**
Continuous profits can lead to overconfidence—I’ve fallen into this trap. There was a period when I kept making money, then greed took over, and I tried to catch every opportunity, only to wipe out all gains in one go. Now, once I reach a certain profit level, I force myself to rest—no trading, no watching charts—to give my mind a break. It may seem like wasting time, but it’s actually protecting the account.

**Tip 8: Stay Calm in Adversity**
When trading isn’t going well, stay steady. The market ultimately rewards patience and discipline. When profits are coming, the market tends to rally, and everyone dares to buy; when losses mount, it’s easy to get caught in a stampede. The difference lies in knowing when to act and when to hold back.

**Tip 9: Remember Your Original Intention**
What’s the purpose of trading crypto? For me, it’s about breaking the ordinary. The process is definitely painful, but pain is the ladder to growth. Only by enduring it can you reach freedom.

**Tip 10: Knowledge Monetization**
Simply put, trading crypto tests your ability to learn continuously and to align knowledge with action. Success always belongs to a minority; their gains are fundamentally built on the cognitive shortcomings of the majority. There are no shortages of opportunities in the crypto space—what’s truly lacking is execution.

I only do real trading, no fake stuff. If you want to avoid pitfalls and earn steadily, don’t keep wandering in the dark alone in the crypto world.