Forwarding pro's insights: When I first started Cryptocurrency Trading, like many others, I would stare at the news during the day and stay up late at night watching the market, chasing the price and selling with bearish market. I hardly had a good night's sleep. At that time, my emotions would get carried away; I was afraid of pullback when I was making profits, and when I was losing, I was unwilling to accept it, always hoping to recover with the "next trade." The result was that my account kept getting smaller and my emotions kept breaking down.

Later, I forced myself to change my mindset and treated Cryptocurrency Trading as a "job": opening the market on time every day, regularly reviewing, executing according to strategy, not relying on feelings, and not chasing the price. Gradually, I stabilized my rhythm. Although the returns are not as exciting now, they are consistently stable, and the annualized return can be controlled at around 50%.
Summarizing a few experiences I've整理出 after stepping on some pits in my own practical trading, to share with newcomers who have just entered the market—these are really lessons learned from actual trading losses:
1. Do it after 9 PM.
During the day, the news is chaotic, and the market is easily influenced by news, especially with a lot of fake news.
I usually wait until after 9 PM to check the market; by then, the news has basically settled and the technical aspects become clearer. For me, this makes my operations more rational and increases my win rate.
2. Take out a portion once you've made a profit.
Don't fantasize that every trade can double. For example, if I made 1000U today, I would directly withdraw 300U to my bank account and continue compounding the rest.
The inability to control the desire to "earn a bit more" is the root cause of many people's losses.
3. Let indicators do the talking, not feelings.
It feels like the least reliable basis for decision-making.
I use TradingView to look at three things:
MACD check for golden cross/dead cross
Check RSI for overbought/oversold
Bollinger Bands check for squeeze/breakout signals
Only consider entering the market when two or more signals are consistent; otherwise, it's better to wait.
4. Stop-loss and take-profit should be paired.
If I am watching the market and the profits come in, I will manually adjust the stop-loss price upwards to lock in some profits.
But if I have to go out temporarily and can't watch the market, I will set a fixed stop loss of 3% to avoid a sudden market movement causing a big loss.
5. Fixed weekly withdrawal
The money that is not withdrawn is just a number. Every week, I will transfer 30% of the profits to my bank card, and the rest will continue to roll.
This habit is very important; otherwise, even if you earn money, you might end up with nothing in the end.
6. Don't randomly cut when looking at the K-line chart.
When doing short-term trading, I only look at the 1-hour chart: if two consecutive bullish candles appear, pay attention to long position opportunities.
The market is moving without direction, I will switch to the 4-hour chart to look for key support/resistance levels, and then decide whether to enter.
7. Danger zones (must remember)
Leverage should not exceed 10 times, and beginners should ideally keep it within 5 times.
Don't touch those altcoins and shitcoins, a wave of sell with bearish market to the bone.
You can operate a maximum of 3 times a day; frequent ordering can easily get carried away.
Never borrow money to trade cryptocurrency, never!
Final Word:
Cryptocurrency Trading is not based on impulse and luck.
If you can treat it like a job, with discipline, planning, and profit-taking and loss-cutting, making money in the long run will be easier.