After trading for a few years, I finally realized that making money relies entirely on these 8 principles.

I used to think that trading cryptocurrencies required me to watch the market every day and trade frequently to make a profit.

After losing several rounds, I discovered that what truly kept me afloat was not how many trades I made, but how many times I controlled my urges.

When I couldn't understand the market, forcing myself to enter was usually a recipe for disaster. Forcing trades during uncertain opportunities often resulted in paying tuition to the market.

Here are 8 principles earned with real money:

1. If a strong coin has fallen for 9 consecutive days, don't deceive yourself into thinking it's a "correction." This is a signal of weakening momentum; stop-loss if necessary, observe if needed, and don't wait until you're down half before regretting it.

2. For coins that rise for 2 consecutive days, reducing your position is always correct. Those that rise quickly often fall quickly too; greed for that last penny usually results in losing both principal and profits.

3. If a coin rises more than 7% in a single day, don't chase it the next day. Such trends typically look for someone to take over; the moment you jump in might be the peak.

4. Even the strongest coins need to wait for a correction. The fastest way to lose in a strong coin is to chase the highs; wait for it to catch its breath before entering, or your cost will be significantly higher.

5. If a coin has been sideways for 3 days without movement, don’t foolishly wait. If capital hasn't entered the market, you can't afford to wait; switching to something active is better than stubbornly holding.

6. If you haven't recovered yesterday's losses the next day, decisively exit. Weakness is weakness; the market won't reward you for holding on longer; it will only make you lose more.

7. There’s a rhythm to the gain rankings: 3-5-7. If a coin rises for 2 days, pay attention to the opportunity to buy low; the 5th day is often a selling point. Timing the rhythm is better than guessing.

8. Trading volume is more accurate than anything else. Increased volume at lower levels is an opportunity, while increased volume at higher levels is a signal to exit. Don’t just look at candlesticks; volume is real money.

When the market is bad, being out of the market is a gain; having the patience to wait for the right opportunity is a skill.

After staying in the crypto space for a long time, I finally understood that making money relies not on how much you trade but on making fewer mistakes and surviving longer.

I'm not an expert; I've just lost a lot and summarized a few principles to minimize my losses. If you also have experiences earned through blood and tears, feel free to share.