A common mistake among newcomers in the crypto world is always thinking that being bold, quick to act, and reacting to news will help them get ahead and make money. But those who survive and earn profits year after year have never taken that approach.

I’ve also suffered losses myself. In the early days, I stayed up late every day watching the charts, chasing gains and cutting losses, stubbornly holding onto losing positions. As a result, I faced margin calls, anxiety, and insomnia, pushing myself to the limit. That period was really tough.

Later, I realized a key principle: if you treat trading like gambling, the market will eventually eliminate you; only when you treat it as a serious job—with a plan and discipline—can you stay at the table.

That realization changed everything. I stopped trading based on feelings, started checking the charts at fixed times, planned my positions in advance, and strictly followed my plan. Making less exciting profits but with more stability in my account, that was the real turning point.

For example, I rarely trade during the day—news is too chaotic, emotions fluctuate wildly, and prices are prone to shakeouts. I usually wait until after 9 PM to look at the charts, when the news has been digested, candlesticks are clear, and the trend is obvious. Trading then feels more solid.

Once I make a profit, I immediately lock in gains and never be greedy. If I earn 1,000U, I take out 300U first, and let the rest continue to grow. I’ve seen too many people make 3x profits and then try for 5x, only to lose everything—including the principal—on a single correction. Seeing this happen so often, I’ve learned my lesson.

Before entering a trade, always check the indicators—never rely on feelings. MACD, RSI, Bollinger Bands—at least two signals should align before acting. Stop-loss is the bottom line; if there’s a chance, move it up; if not, set a hard stop to guard against sudden big red candles.

And one more crucial point: the numbers in your account are just figures; only real withdrawals are real money. Every profit cycle, I withdraw a portion as planned, never dreaming of turning tenfold overnight.

Opportunities in the crypto space are plentiful, but what’s truly scarce are those who can survive. Doubling your money once is easy; the hard part is not getting eliminated during market transitions. Remember these points: position size is the bottom line, stop-loss is your trump card, and withdrawals show respect for the market. Stay steady, follow the rules, and your money will gradually grow.

Markets change every day. Keep your principal and your original intention intact, and you’ll be able to stand firm in the next cycle.