Having been in the crypto space for 8 years, I've experienced both losses and gains. Today, I won't talk about motivational clichés; I'll focus on what is truly useful. These experiences may not be flashy, but they can save you a lot of tuition fees.

First, let's discuss the core issue of small funds. For accounts under 200,000, don't think about trading every day—that's a suicidal approach. Essentially, it's about waiting for a major upward wave; catching one good opportunity is enough. Never fully commit your position. Your position is like your firewall; leaving some margin gives you room to respond to changes.

Cognition comes first. It's recommended to practice with a demo account first, but not to improve technical skills—it's to practice your mindset. If your real account gets wiped out once, you might be out of the game permanently, with no chance to bounce back.

Never hold onto major positive news on the same day. When the market opens high the next day, that's the time to sell. Realized good news often signals a turning point. Greed can easily trap you deeply. Hot coins like $SUI also follow this rule.

A week before holidays, my strategy is to reduce positions or go completely flat. History repeatedly proves that holidays have never favored the bulls. This isn't superstition; it's data speaking.

Long-term strategies are completely different. You must keep cash on hand. Sell in batches during rises, buy back during dips—this rolling operation is the only way to survive long-term.

For short-term trading, the focus is solely on activity level. Is the trading volume aggressive enough? Are the candlestick patterns fierce enough? These are a hundred times more important than the project's story. Obscure coins are money black holes; entering them makes it easy to get trapped.

The rhythm of the decline is crucial. If the decline is slow, the rebound will also be slow; if the decline is fast, the rebound can be fierce. If you miss the rhythm, even the best entry point is useless.

Always cut losses when you buy wrong—that's an iron law. If your principal is gone, no matter how good your skills are, it's useless. Those who stubbornly hold often pay the most tuition in the crypto world.

For short-term trading, focus on 15-minute K-lines, combined with a few simple indicators—enough, no need for complicated setups.

Finally, the key is not quantity but precision. Choose a few systems that truly suit you, use them repeatedly, and master them thoroughly. This is much better than changing your trading logic every month.

Whether you can make money depends not on how many skills you master, but on whether you can stay active in the market continuously. This is the ultimate rule.