Have you been trading cryptocurrencies for over a year without making a million dollars? These 10 practical tips might help you.

Having navigated this market for years, from small funds to tens of millions, I’ve learned these lessons not through luck or reckless gambling, but through repeated validation of these principles.

**Capital size determines strategy.** If your principal is still around 200,000, capturing one major upward wave in a year is enough. The most common death trap for retail traders is frequent trading out of impatience. When your capital is small, never go all-in; this is the biggest self-destructive approach.

**The boundary of cognition is the ceiling of profit.** Without proper understanding, you will eventually give back to the market. Use demo accounts first to solidify your real mindset, trading courage, and stop-loss execution. Simulations can fail endlessly, but a single mistake in real trading could wipe out your entire capital, which is unaffordable.

**The day after good news is often the last moment to sell.** Don’t hold greedily on the day of positive news; if there’s a high open on major good news, sell immediately. When good news is confirmed, it’s also when the market begins to realize risks.

**Learn to avoid holiday cycles.** Start reducing or even completely clearing your position a week before major holidays. Historical data repeatedly shows that market sentiment recedes before and after holidays, making it easier to cause a sell-off.

**Medium to long-term relies on “rolling” support.** Always keep some cash on hand; sell when prices rise, buy when they fall, and use rolling operations to balance risk. This is the true logic of medium-term trading.

**Short-term trading focuses only on two things—volume and pattern.** Only engage with coins that have active trading volume and clear trend structures. Avoid coins with dead volume, no matter how cheap—they are the most dangerous liquidity traps.

**The rhythm of decline indicates the strength of rebounds.** Slow declines correspond to slow rebounds; accelerated declines often lead to quick rebounds. Don’t stubbornly fight the wrong rhythm, or you’ll only deepen your losses.

**Stop-loss is the bottom line—no room for negotiation.** If you buy wrong, accept the loss and exit. The more you stubbornly hold, the more you lose. As long as your capital remains, there’s a chance to turn things around; once it’s gone, the game is truly over.

**15-minute K-line charts are the eyes of short-term trading.** Combined with the KDJ indicator, they can filter out much noise, making buy and sell points much clearer.

**There are countless technical methods, but mastering one or two is enough.** Don’t be greedy and learn ten or eight different strategies. Successful traders often rely on one or two proven methods repeatedly. Over-diversification leads to losses.