Treat trading cryptocurrencies as a job, only then can you truly make money.

In the first few years after entering the market, I, like most people, stayed up late watching the charts, chasing prices, experiencing liquidations, insomnia, and anxiety.

Later, I changed; I focused on one thing: treating trading cryptocurrencies as a job, clocking in and out on time, and executing plans.

The following points are experiences I gained from my real trading losses, and beginners should keep them in mind:

1. Place orders only after 9 PM

There are many messages and mixed volatility during the day; the market moves chaotically like it's on a frenzy.

I now mainly trade after 9 PM; by then, the news has settled down, the candlestick patterns are cleaner, and the direction is clearer.

2. Secure profits immediately

Don’t be greedy. If you make 1000 U, first withdraw 300 U to secure your profits, and play with the rest.

I've seen too many people who “made three times their investment but wanted five times” end up getting hit by a retracement and losing everything.

3. Rely on indicators, not feelings

Don’t enter the market based on “feelings”; that's the quickest way to get liquidated.

Install TradingView on your phone and check these three before placing orders:

MACD: Is there a golden cross or death cross?

RSI: Is there overbought or oversold?

Bollinger Bands: Is there a squeeze or breakout?

At least two out of the three should indicate a consistent direction before considering entry.

4. Move stop-loss upwards as the price rises

If you have time to watch the market, move your stop-loss up as the price increases; for example, buy at 1000, and if it rises to 1100, move your stop-loss to 1050.

If you can't watch the market, remember to set a hard stop-loss at 3% to prevent sudden crashes from wiping you out.

5. Have a plan for withdrawals

The numbers in your account are not money; it’s only real money when it’s in your bank account.

Withdraw 30%-50% of every profit; don’t keep it all hoping to multiply it tenfold.

6. There are skills to reading candlesticks, it's not random clicking

For short-term trading, look at the 1-hour chart; if you see two consecutive bullish candlesticks, look for long opportunities.

If the market is range-bound, check the 4-hour chart for support levels; consider entering when the price approaches support.

7. Avoid these pitfalls at all costs!

Do not use high leverage; if you get the direction wrong, you could lose everything.

Don’t touch cryptocurrencies you don’t understand; it's easy to get liquidated.

Only make a maximum of 3 trades a day; too many can lead to emotional and erratic behavior.

Never borrow money to trade cryptocurrencies! No! No!

Trading cryptocurrencies is not about impulsively getting rich; it's about consistently executing a long-term strategy.

Treat it like a job: log in on time every day, operate according to your plan, shut down when it's time, and rest when needed.

You will find that you earn money more steadily.