Making money from trading cryptocurrencies is not really about precisely timing the market, but about understanding how to deal with human greed and fear.

I’ve been down that road too—staying up late watching K-line charts until my eyes turn red, feeling powerless when getting liquidated, like falling into a black hole, anxious enough to lose sleep, and occasionally making a profit that keeps me awake with excitement. After struggling through blood, sweat, and tears, I finally realized: the opponent in trading is actually the person in the mirror.

Below are ten lessons I’ve summarized from real-money experience, each gained through tears:

1. Stop-loss is the bottom line, and it’s non-negotiable. Use 1000U as practice for BTC; if you’re wrong, close the position immediately. Even if you lose ten times in a row, maintain consistent actions and a stable mindset. Embedding the habit of stop-loss into your mind is the first lesson in trading.

2. Opportunities come from patience, not anxiety. Only act on clear patterns; ignore ambiguous signals. Better to miss ten market moves than make one wrong decision. Sticking to your rules is more important than anything.

3. Managing your position size is managing your emotions. Set very low loss limits per trade—so low that even ten consecutive stop-losses won’t wipe you out. If your emotions fluctuate with the K-line, you’ve already lost, because at that point, it’s no longer trading but gambling.

4. Don’t try to guess the market; respond to it. Don’t spend all day wondering “Will it go up or down today?” The market has its temperament; we just need to do our part. “The market follows its own path, I stick to my rules.” It may seem passive, but it actually puts you in control.

5. Learn to let go and don’t be greedy for the last piece of meat. Set reasonable take-profit and stop-loss ratios. When it’s time to exit, do so without regret. Opportunities are always there, but your capital is only one set.

6. Don’t sacrifice your health. Don’t stare at the screen all day; appropriately increasing your trading cycle can reduce stress and maintain judgment. Your health is your capital—more valuable than any single trade.

7. Abandon the dream of getting rich overnight; focus on steady growth. Don’t envy those who take chances to make big money. Look at cycles longer than a year; your operations will naturally become more disciplined. Long-term accumulation is the true path to wealth.

8. Only earn within your understanding. When losing money, figure out why; when making money, understand how. Opportunities you don’t understand will eventually be taken back by the market. Only matching your gains to your cognition makes them real.

9. Rely on systems, not luck. Build your own trading logic instead of relying on chance. Don’t leave your account’s future to uncontrollable variables. Every trade should be within your control.

10. Use trading to cultivate your mental resilience. Dispersed stop-losses reduce the emotional impact, preventing trading from tormenting your mood. Instead, use it as a tool for self-observation and mental training.

The path of compound interest is faster for one person, but longer for a group. If you’re also fighting your way on this righteous path, welcome to walk it together.