I'm the kind of tough person who has smoked on rooftops and used screenshots of liquidation as profile pictures. In 2016, on the rooftop of Lhasa Youth Hostel, the wind could blow away cigarette ash but not that phrase "This person is done for." But later I understood a principle — rules outlast luck. Today, I want to share the core logic I've realized over the years, how much you can understand depends entirely on your own fate.

**A drop in price doesn't mean a collapse in value**
Strong coins falling for 9 days in a row usually cause retail investors to panic and sell. But at this point, you need to understand one thing: panic selling is often just the main players shaking out weak hands. Don't follow the herd; instead, carefully select like shopping at a market. The key is to look at whether the project's fundamentals are solid, not to be scared by short-term fluctuations.

**Two consecutive bullish candles mean you should reduce your position**
No matter how bullish a coin is, after two days of continuous rise, I will definitely sell 30%. This isn't cowardice but a fight against greed in human nature. The biggest fear in the crypto world is "making a profit and then quickly locking in losses," so take some profits off the table. With the remaining position, your mindset can stay calm and continue to eat meat.

**Signals behind a 7% single-day surge**
A large bullish candle rising over 7%? It indicates that the main funds are starting to move. Historical data shows that such a breakout has over a 90% chance of continuing to rise inertia. But at this point, you shouldn't chase the rally; instead, tighten your take-profit and stop-loss buttons, let the trend run, and don't rush to buy in.

**The dual nature of pullbacks**
In a true bull market, pullbacks are opportunities to buy; but if it's a rebound within a high-level oscillation, it's likely a trap to lure more buyers. The simple way to tell the difference is to see if it breaks through a key support level. Don't jump in at every pullback; look at the bigger picture.

Over the years, from losses to small profits and then to stable gains, it's all about this "living is winning" trading philosophy. The market is always there; there's no need to rush.