Still trading based on gut feeling? I've seen too many people rush into the crypto world with the dream of "making a living through trading," only to end up losing everything. When asked why, their answers vary, but the essence is the same— they simply haven't grasped the game rules of the market.

I've been in the crypto space for 8 years, and I can retreat unscathed before major dips not because of luck, but because I follow 8 ironclad rules every day. Today, I’ll share these proven experiences in cold, hard cash.

First, the perspective for analyzing the market must be correct. Too many people only watch the daily chart, thinking there's no opportunity and choosing to wait and see. Little do they realize that the 30-minute chart hides turning points they can't see. Look at that long upper shadow; at first glance, it seems like a plunge, but when you check the 30-minute chart, the candlestick structure tells a different story—perhaps the next day will be a big bullish candle. Short-term trading requires synchronization between small cycles and the overall market to be effective.

Second, when the overall trend is unfavorable, you must learn to retreat. Many make the mistake of following the trend—once the market direction becomes chaotic and the structure is broken, they stubbornly keep trading. At this point, every trade you make is wrong. Going with the trend is the way to go; wait until order is restored before acting.

Third, this is crucial: no hot spots, no liquidity; without liquidity, even the best technicals are useless. Short-term trading must be done in coins with themes, attention, and popularity. Don’t touch obscure coins, no matter how good they look.

Mindset is the biggest test. Stick to your trading plan and don’t let the market mess you up. Trading without a plan? That’s basically being driven by emotions, and most likely to lose money.

Don’t treat others’ opinions as gospel. What analysts or influencers say can only serve as reference. Ultimately, you must rely on your own judgment. This is the easiest way to get wrecked in trading—one careless move and you become a victim of following the herd.

Now, let’s talk about the logic of choosing coins. First, determine the big direction, then pick specific coins within that direction. If the direction is right, everything will go smoothly; if the direction is wrong, no matter how hard you try, it’s useless. Like mainstream coins such as $ETH, you need to judge the overall market trend before entering.

Regarding the bottom-fishing trap, everyone who has stepped into it knows the pain. Don’t guess "it will rebound soon." Many people wait and wait, only to see the price fall further. Prices always move toward the least resistance. Instead of blindly guessing the bottom, it’s better to follow the upward momentum. Buying during an uptrend is both trend-following and stress-free, with higher success rates.

The last point is mental resilience. After making big profits or suffering big losses, give yourself a cooling-off period. Watch the market, reflect on yourself, and understand why you made money or lost money in this wave. My years of experience show that after big wins or losses, taking a break and adjusting your mindset can improve your decision accuracy by 90% when you re-enter. This might seem trivial, but those who truly practice it tend to last longer in the game.