With the right approach, making your first million in the crypto world is not as mystical as many think.

Whether you have a principal of 10,000 or 100,000, the most important thing is: don't try to seize every opportunity. The market has fluctuations every day, but the ones that can significantly grow your account often come only once or twice a year. Many people go all-in every day, always thinking about making money; in the end, they either exhaust themselves or lose everything.

Another common mistake many make is: not wanting to exit when good news comes. If you don't exit on the day the news breaks, and if it opens high the next day, you should basically run. Many people have made profits but didn't exit, and in the end, the price falls back to their cost or even results in a loss. There’s an old saying in the market that’s very true: good news reaching its peak is the top.

Additionally, major events, news, and holidays are often pivot points. When the market is uncertain, I generally reduce my position or even go to cash, waiting for the direction to become clear before re-entering. It’s okay to be slow, but it’s important to be steady.

For medium to long-term trading, there’s a bottom line: light positions.

Leave yourself some space to gradually build your position and enter in batches. Many people jump in with full positions right away, which appears brave, but is actually a gamble with their life.

Short-term trading follows a completely different logic.

Quick in and out; if you’re wrong, exit immediately. If the market isn’t right, run, and don’t be greedy for that last bit of profit. The biggest fear in short-term trading isn’t not making money, but turning a short position into a medium to long-term hold by holding on.

Another point that many haven’t figured out: don’t use your own rhythm to guess the market.

If the market is slow, you go slow; if the market suddenly accelerates, you follow. The market moves at its own pace, and you just need to follow the rhythm.

What if the direction is wrong? It's simple: cut your losses.

Many people see cutting losses as failure; in fact, it’s quite the opposite. Cutting losses is not about losing money; it’s about giving yourself a chance to come back. The thing that really drags people down is holding onto losing positions.

If you’re doing short-term trading, you don’t need to complicate things too much.

Often, a 15-minute candlestick chart + KDJ is enough. Crossovers combined with trends can help you find entry and exit rhythms. The more indicators you have, the more confused people become.

Finally, the most important thing to say: mindset.

In the crypto world, a day is like a year in the human realm; the ups and downs are completely normal. When you’re making money, don’t get overly excited, and when there’s a pullback, don’t panic.

In this market, the ones who can survive often aren’t the smartest, but the calmest. #ETH走势分析