If you've been navigating the crypto market for over a year but still haven't reached 300,000 in your account, this content might be worth a look.

A trader who has been deeply involved in this field for many years once said that he accumulated over 60 million in profits over 8 years. It sounds like a fairy tale, but he is willing to summarize all the pitfalls he has stepped into, the positions he has爆过, and the blood he has paid. Here are the 10 core experiences he distilled:

**First: Don't Expect Full Position with Small Capital**

If your starting capital is no more than 100,000 yuan, operating with a full position is basically suicide. Instead of frequent entries and exits, be patient and wait for the real main upward wave. Before the market shows clear signals, waiting itself is the strongest weapon.

**Second: Cognition Determines the Profit Ceiling**

First, use a demo account to hone your mindset and trading courage. A demo account allows you to fail infinitely, but a single big mistake in real trading could mean immediate exit. Never reverse this order.

**Third: Be Cautious if Major Good News Doesn't Rise on the Same Day**

There is a market rule called "Good news landing often becomes bad news." If a major good news is released and the price doesn't rise on the same day, but opens higher the next day, selling promptly is usually wise. Greed often leads to being trapped.

**Fourth: Reduce Positions or Even Go Flat During Holidays**

History has repeated this countless times—"Holidays must fall" is not a joke; it's a real market law. Be cautious before holidays; it's more cost-effective than being hammered during the holiday.

**Fifth: Cash Reserves Are the Essence of Mid-Long Term**

Don't expect to eat everything in one wave. That's the game of the big players. Retail traders' correct approach is to keep sufficient cash, buy high and sell low, and operate in a rolling manner. Small steps and quick moves are always more stable than going all-in at once.

**Sixth: Only Focus on Active Coins for Short-Term Trading**

Coins with high trading volume and large price fluctuations are worth paying attention to; those with low trading activity can be ignored, as they waste your monitoring time and can wear down your mental state.

**Seventh: The Downward Rhythm Determines the Speed of Rebound**

Slow decline markets can be very frustrating to rebound from; but if the decline suddenly accelerates, the rebound often comes faster and more fiercely. Timing the rhythm is more important than you think.

**Eighth: Admit Loss Immediately if You Buy Wrong**

Cut losses at the first sign. As long as your principal is intact, opportunities always exist—this is the fundamental logic for survival in the market.

**Ninth: Watch 15-Minute K-Line for Short-Term Monitoring**

Use it in conjunction with the KDJ indicator, which can help you discover many good buy and sell points. Don't overly rely on any single tool, but this combination is indeed effective for short-term operations.

**Tenth: Master One or Two Methods Enough**

There are thousands of trading techniques, and you don't need to master them all. Perfecting one or two methods to the extreme is far more profitable than casting a wide net.

---

Each of these ten pieces of advice has been verified with real money. Avoiding detours itself is a way to make money. If you're still circling in confusion in the crypto market, consider these ideas—they might help you avoid many pitfalls.