Having been in the crypto market for so long, I've seen too many people come to a halt. Actually, it's not that the market doesn't give opportunities, but rather that execution has issues. Today, I want to share some real experiences.

**Asset Allocation Requires a Sense of Rhythm**
With limited capital (for example, around 200,000), don't expect to be fully invested chasing every rise every day. Just grasping one main upward wave per year is enough. Many people make mistakes out of greed—trying to buy the bottom and sell the top—resulting in frequent trades that end up eroding profits.

**Cognition Determines the Profit Ceiling**
This is crucial—markets only realize the wealth within your understanding. Before real trading, spend time on a demo account to refine your mindset and strategies. Real trading has very low tolerance for mistakes; one or two big errors can be irrecoverable.

**Avoid the Trap of Good News**
If you don't exit promptly on the day good news is announced, it's safer to sell at a high open the next day. Historically, good news often turns into bad news once it lands, and those who buy in then are often caught in a trap.

**Plan Ahead for Key Time Points**
Start gradually reducing positions one week before holidays. The data is there; market sentiment before holidays is usually bearish, so it's better to proactively avoid risks.

**Maintain Cash Reserves for Mid-Long Term**
Keep enough cash on hand, and use rolling operations like "reducing at highs and replenishing at lows" to optimize returns. This approach looks simple, but sticking to it really pays off.

**Choosing Short-Term Targets Matters**
For short-term trading, pick assets with active trading volume and clear trends. Avoid those with dull volatility; they are not worth the effort and won't yield good results.

**Observe the Speed of Decline to Catch Rebounds**
A slow decline often leads to a slow rebound, while a rapid drop tends to rebound quickly. By observing the rate of price decline, you can better judge the rhythm of the rebound.

**Discipline in Execution Is More Important Than Direction**
If you buy wrong, be brave enough to cut losses. This is more practical than trying to predict the correct direction. Those who can protect their principal have a better chance to turn around in subsequent markets.

**Technical Tools to Consider**
For short-term operations, look at 15-minute candlestick charts combined with KDJ indicators to catch entry and exit points. No need to be overly complex—what works effectively is enough.

**Quality Over Quantity in Methods**
Instead of learning ten different trading methods and switching between them, master a few strategies thoroughly. Deep understanding is far more valuable than superficial knowledge.