#数字资产市场动态 **6 Years from Zero to Tens of Millions: My 10 Essential Lessons in the Crypto Market**

In these six years, I went from being broke to accumulating tens of millions, stepping on every pitfall along the way. Today, I’ve compiled these hard-earned lessons—if you’ve been trading crypto for over a year and still haven’t reached a million, this advice might change your trajectory.

**Capital Management: Learn to Let Go of Small Funds**

For capital under 200,000, don’t expect to double your investment in a year. My approach is to focus on one major upward wave, capitalizing on that trend’s full market dividend. This is far more effective than constantly tinkering and trying to catch every small move throughout the year. Full-position betting is the fastest way to lose money; patience and waiting for a clear trend to form is when you should strike.

**Practice with a Simulated Account Before Entering the Market**

A simulated account is an endless trial-and-error playground with unlimited forgiveness. You can backtest countless times, but a single fatal mistake in real trading could eliminate you entirely. Cognitive and emotional maturity must always come before capital growth—this is a hard-earned lesson from falling into traps.

**Good News and Key Events: Hidden Traps**

When major good news hits, a high open the next day is the best selling point. Many people cling to the last bit of profit, only to get caught. After good news is exhausted, it often signals the start of bad news. Realizing profits promptly is a core survival skill in the crypto world.

Similarly, I tend to reduce positions decisively one week before major holidays. Reviewing historical trends, holidays often come with concentrated selling pressure. Holding no position or light positions during festivals can avoid most sudden drops—this pattern has been proven repeatedly in the crypto market.

**Position Management: Different Rhythms for Mid-Long Term and Short-Term Trading**

Mid-long-term trading requires rolling adjustments, always reserving cash. When prices rise, take profits in stages; during pullbacks, look for opportunities to buy back. Keeping positions flexible and flowing is key to long-term survival in the market.

Short-term trading is much simpler—closely monitor volume and candlestick patterns. Prioritize coins with high volatility and active charts; assets with dried-up volume and stagnant price action are a waste of time.

**Downtrend Patterns: Speed Determines the Strength of Rebounds**

This is a market law. Slow declines often lead to weak rebounds, but sharp drops are usually followed by rapid recoveries. Recognize this rhythm; don’t blindly buy the dip during slow downtrends, or you’ll just catch falling knives.

**Stop Loss and Technical Analysis: Don’t Overestimate Your Insight**

Admit mistakes quickly; stop loss is the first principle. Never hold through a single loss; preserving capital is essential for future opportunities. Many people lose everything because they think, “I believe it will rebound.”

Technical analysis doesn’t have to be complicated. Short-term trading can rely on 15-minute candlesticks combined with KDJ indicators to find entry points. Focus on key support and resistance levels on small timeframes; buy and sell signals become clear. No need to chase many methods—deeply mastering a few reliable techniques is far better than blindly following various tips.

These 10 lessons are not just theories—they are experience built with real money. Following them doesn’t guarantee profits, but they can help you lose less—at the end of the day, that’s a victory in the crypto market.