#数字货币市场回调 has been navigating the crypto market for over eight years, with account numbers growing from tens of thousands to over 50 million now. This journey has not been easy. Today, I want to talk about some of the pitfalls I've encountered over the years and share some insights. I can't say it will help everyone make money, but at least it can help you pay less tuition.

Let's talk about capital management first. If your chips are within 200,000, don't think about seizing opportunities every day; catching a real main uptrend once or twice a year is enough. I've seen too many people who went all in and got wiped out by a wave of pullback. The saying "cash is king" is particularly applicable in the crypto market—keep enough ammunition on hand, sell in batches when prices rise, and be brave enough to buy when prices drop; only then can you achieve a compound interest effect.

Regarding the timing of entering the market, don't act impulsively when significant positive news appears. If you don't move on the day, decisively exit the next day if it opens high, because the realization of good news often signals a sell-off. There's another rule that I've found to be reliable: start reducing positions or even go to cash a week before important holidays. Historical data shows that there's a high probability of a decline during the holiday period.

On the technical side, short-term players must keep a close eye on trading volume and candlestick patterns. Only those assets that experience significant fluctuations and are active are worth participating in; avoid the stagnant ones. In terms of specific operations, using the 15-minute candlestick chart in conjunction with the KDJ indicator can generally help identify relatively ideal entry and exit points. Remember this rule: slow declines lead to slow rebounds, while sharp declines lead to strong rebounds.

The most important thing is mindset and cognition. You will never earn money beyond your understanding; this is not just empty talk. I suggest beginners start with a demo account to practice, developing their courage and mindset—demo accounts allow for infinite trial and error, but in real trading with real money, a single failure could mean losing everything. If you make a wrong purchase, acknowledge it, cut your losses in time to preserve your principal; this is the fundamental way to survive in this market.

As for technical methods, there are countless ways to play in the crypto market, but you only need to master two or three to be sufficient. It is better to thoroughly understand one system and form your own trading system than to bite off more than you can chew. Over the years, I have seen too many people chase after various new strategies and indicators, only to end up losing even more badly.

The market is always volatile, with opportunities and traps coexisting. I hope these experiences can provide some reference for friends who are still on the journey.