In these past few years in the crypto world, I've figured out quite a few traps. To be honest, it's not some profound theory, but if you really follow these, a Newbie can avoid a lot of detours.

**Tip 1: Don't let your hands be idle and itchy**

If I don't see the chart signals that I've verified repeatedly, I'd rather binge-watch a show than randomly open a position. It's like playing Mahjong; if you force yourself to participate in a game with no winning chances, you're just giving away your money. Wait until the market gives you a clear signal before acting, and the success rate can double.

**Second Move: Wait for the Market to "Remove the Disguise"**

During the day, there are often various news bombardments, making it difficult to discern the truth behind the candlestick patterns. However, after nine o'clock in the evening, the market begins to calm down, the noise gradually dissipates, and the real direction slowly comes to the surface. Most of my key decisions are finalized during this time period.

**Third Tip: The money earned must be put in your pocket first**

Is the account floating profit 1000U? Don’t wait, immediately transfer 300U to the bank card. It’s really cash in hand. The rest can be played with. I’ve seen too many people with floating profits on the screen that could buy a house, but after a wave of corrections, they lost even the principal. The market is open 24 hours, but your principal is very fragile.

**Fourth Tip: Before placing an order, let the indicators show you "see the image"**

Install TradingView on your phone; this is the basic setup. The habit before opening a position is to check: whether the MACD has formed a golden cross or a death cross, whether the RSI has entered the overbought or oversold area, and whether the Bollinger Bands are tightening or widening. The three indicators validate each other and can help you avoid seven or eight out of ten traps.

**Fifth Tip: Stop Loss Must Survive, Profit Must Be Protected**

When I'm monitoring the market, I use the "trailing stop-loss method": every time I make 100U, I move the stop-loss line up by 50U. Layering protection. If I need to go out or sleep? Just set a hard stop-loss of 5%, and no matter how big the fluctuations are at night, it won't cut into your peaceful sleep.

**Trick Six: Mandatory withdrawal at 3 PM on Friday**

No matter whether I've made 10,000 or 1,000U this week, by 3 PM on Friday, I take one action: withdraw 30% to my bank card. This discipline gives me a sense of peace that I've "already made a profit," allowing my mindset to be as steady as a rock.

**Seventh Tip: The same coin can have different perspectives depending on the cycle**

When day trading, focus on the 1-hour chart; two consecutive solid bullish candles provide a reason to enter. Encountering an overall sideways market? Switch to the 4-hour chart to find key support and resistance levels, and the direction will become clear immediately.

**Eighth move: These pitfalls must be avoided**

- Leverage over 10 times? That's gambling with your life. For a Newbie experience, 3 times or less is enough.
- Various animal coins and meme coins are everywhere, most of which are purely emotional games. Don't fantasize about value investing.
- Trading more than 3 times a day? Those who can't control their hands usually end up with consecutive losses.

The last sentence is for you: In this market, the more anxious you are, the more you lose; the more disciplined you are, the more your wallet will gradually fill up.