Years of experience in the crypto world have taught me eight key lessons. Read them carefully to avoid many pitfalls.

1. Replenishing your position is not gambling to break even; it's about adjusting your position structure. Replenishing until you feel lighter is true replenishment; the more you add, the more anxious you become—that's risking your life.
2. The quieter the market, the more alert I become. Market crashes and surges are always brewing when "nothing seems to be happening."
3. A sharp rise will definitely retrace. When the market is rising too fast, it's like a car flooring the accelerator—you must brake.
4. When others are crazy, I walk away; when others are afraid, I buy. Going against the crowd's emotions is often the right move.
5. Sideways trading is the most torturous, but most big opportunities break out during sideways consolidations. If you can endure sideways periods, you've already outperformed most traders.
6. Distinguish between ranges and trends; otherwise, your trading will be a mess. Don't mistake small fluctuations for a trend—that's a costly mistake.
7. Never go all-in. Full position isn't bravery; it's a sign of not understanding risk.
8. Mindset always outweighs technique. Experts aren't necessarily right about their predictions; they stay calm emotionally, hold their positions, and know when to let go.
Ultimately: markets are always changing, but human nature never does. Those who can survive in this space are those with a steady mindset and discipline.