Having spent seven or eight years in the crypto world, from being a rookie to now making a living through trading, this journey has been full of lessons and accumulated a lot of experience earned through real money. Today, I want to share something practical—how ordinary people can survive in this market, and even turn a profit.

I have summarized my 10 ironclad trading rules, which are not just theoretical but come from climbing out of various pits. Let me clarify first: I do not recommend any specific coins here, no signal calls, just discussing logic and mindset.

**Regarding the Pullback of Strong Coins**

There are no coins that rise forever in the market; even the strongest gains need to take a break. When a certain coin drops for nine consecutive days from a high, it indicates that the disagreement between buyers and sellers is very clear. The most dangerous move at this point is blindly bottom-fishing. My approach is to patiently wait for a volume spike signaling a halt in the decline—for example, a sudden increase in trading volume, while the price can stay above the 3-day moving average. Only then consider entering. Otherwise, stubbornly holding through the flying knives will likely result in being cut out.

**Handling Short-term Gains**

There’s an old saying in crypto: "Don’t chase after gains after three rises," which is especially effective for small-cap coins. After a big surge, the probability of profit-taking selling pressure is high. So my habit is to take half of the position when things look good, and keep the other half to watch the subsequent trend. If it can break previous highs later, I add back; if it pulls back, at least I’ve secured half of the profit. Remember, greed is often the reason why retail investors end up as the last chives.

**After a Single-Day Surge**

If a strong coin jumps more than 7% in a single day, many will rush to sell everything the next day. But in reality, after a strong move, there’s often inertia for further upward momentum. For example, if it rose 7% the previous day, and if the volume in the early trading hours of the next day shows no signs of shrinking, it might surge again. But the key is where you entered: if volume breaks out at a low position, hold steady; if volume expands at a high position but the price stagnates (called volume stagnation), that’s a signal to run.

**The Real Opportunity Comes After the Pullback**

Many accounts get stuck in the middle of the mountain. The truly safe approach is to wait until the price completes its pullback and re-establishes above key support levels before considering building a position. The benefit of this is better risk control; although you might not get the absolute lowest price, you can avoid bottomless declines.

**Regarding Stop-Loss and Take-Profit**

Trading without stop-loss is like gambling. I always set my stop-loss points when entering a trade, and execute immediately once triggered—leaving no room for regret. Take-profit is equally important; don’t always think about soaring to the sky. Gradually reducing positions and taking profits step by step is the way to survive long-term.

**Liquidity Observation of Bitcoin**

As the market’s barometer, Bitcoin’s liquidity often reflects the overall market sentiment. The activity of large transactions and changes in market depth are important references for predicting future trends. When liquidity dries up, the market tends to become volatile; when liquidity is ample, the trend may be more moderate but with higher certainty.

**Regarding ETH’s Trend**

As the second-largest crypto asset, ETH’s performance often represents the vitality of the entire ecosystem. During bear market bottoms, its rebound tends to be more fierce than BTC; during bull market highs, its correction can be deeper. At this stage, it’s important to look at developer activity and real usage data of the ecosystem, rather than just price movements.

**Mindset Is More Important Than Technicals**

Ultimately, surviving in this market depends less on sophisticated technical analysis and more on managing your own mindset. Greed and fear are the biggest enemies here. Avoid overtrading, chasing highs, bottom-fishing, or stubbornly holding. Stick to your trading plan, and you will already be ahead of most market participants.

Finally, I want to emphasize again: there are no absolute buy or sell points; the market always tests human nature. These ironclad rules are what I’ve summarized after being repeatedly proven wrong, hoping to help newcomers avoid some pitfalls.