Remember the reckless enthusiasm when I first entered the crypto world, rushing in with just 20,000 yuan, only to experience a full set of "rookie treatment"—liquidation, borrowing, and debt—within three months. Honestly, those times were pretty embarrassing. But it was precisely because of these setbacks that I gradually developed a methodology to survive, and now my trading has finally stabilized. Today, I want to share these hard-earned experiences, especially for beginners—each one is a guide to avoid pitfalls.

**Tip 1: Build a System, Don't Follow the Crowd into Gambling**

In the beginning, I was just a target for chasing gains and selling losses. I watched the K-line every day, thinking that a few more looks could predict the market. The result? Continuous losses until I understood a principle—operating without a system is like gambling with money; success depends on luck.

The system I use now is quite simple, with three core steps:

1. Identify the main trend. Only watch the daily charts of BTC and ETH to confirm the primary direction. During an uptrend, don’t think about shorting; during a downtrend, don’t go long; during sideways movement, just stay out.

2. Find key levels. Previous highs and lows, Fibonacci retracements (like 0.382 and 0.618), and round numbers (such as $60,000, $50,000) are areas where bullish and bearish forces clash.

3. Wait for confirmation signals. My rule is to act only when at least two indicators resonate. For example, a moving average golden cross combined with a volume surge on a bullish candle, or other combinations. Better to miss a wave than to jump in prematurely.

This logic is like driving navigation—first decide where to go, then look at the intersections, and finally step on the accelerator. Beginners shouldn’t expect to master everything at once; focus on these three points first. Mastering them increases your chances of winning beyond most people.

**Tip 2: Discipline in Execution, Staying Alive Is More Important Than Getting Rich Quickly**

One of the most ironic things in the crypto world is that the more someone wants to get rich overnight, the more likely they are to get eliminated. I’ve seen too many people go all-in on futures contracts, only to have their funds wiped out in a single market move. Isn’t that just gambling?