Having been in the crypto space for so long, I’ve realized that the reason many people fail to make money is actually the same—lack of discipline. Today, I want to share some of my practical experience. If you can understand five of these points, you’ll basically surpass most retail investors.

First, it’s crucial to understand a key point: if your funds are limited, there's no need to trade frequently. Just catching one or two decent market moves a year is enough. Instead of putting all your capital in at once, it’s better to keep some cash for emergencies. Never touch coins you don’t understand; you can practice on a demo account first, but before trading with real money, make sure you’ve thought through the logic.

The most common mistakes happen when good news arrives. If you haven’t sold on the same day, you should decisively exit when the market opens high the next day. Greed often gets eaten up by the main players. Before holidays, reduce your positions in advance. Market volatility during holidays is indeed high, and enjoying a peaceful holiday is more worthwhile than risking to earn a little extra.

When trading, for medium to long-term positions, it’s best to deploy gradually. This helps lower the average cost and keeps your strategy flexible. For short-term trades, focus on popular coins; those with low trading volume are more likely to trap you. Follow the big funds; liquidity is only guaranteed that way. When judging the trend, be patient during slow declines. A sharp drop followed by a rebound is an opportunity to exit, but don’t be greedy.

On the technical side, a 15-minute candlestick chart combined with KDJ, MACD, and RSI is sufficient—don’t try to learn everything. If you make a wrong move, cut your losses decisively; preserving your capital is the key to turning things around. The most important point: control greed and avoid frequent trading. Truly successful traders know how to wait; they don’t trade every day.