Everyone who has been in the crypto space for a while understands one principle: first avoid losses, then focus on making profits.

I’ve seen too many newcomers brainwashed by a "big news" headline, thinking that catching the trend will make them skyrocket. But the reality is often—when good news comes out, the price actually drops, and by the time they realize it, they’re already trapped. Even more heartbreaking are the various interpretations flying around: some say it’s policy turning, some say it’s main players fleeing, others say it’s a technical reversal. Newbies are left dumbfounded, starting to doubt themselves, but in truth, no matter the rise or fall, someone can always spin a story.

Especially with top coins like BTC and ETH, fake breakouts are extremely common. You see signals showing bullishness and full confidence, but then the price suddenly plunges, and you think it’s going to blow up your position. You go short in response—just then, the big players are absorbing liquidity at that point, leading to a sharp rebound, and eventually, the price races back in the original direction. After being played around, your account is already scarred.

So what’s the solution? The answer is simple: **wait for the market to set its direction before acting**. Don’t rush, let the volatility speak for itself.

You can also wait at key structural support or resistance levels, and when a rebound or pullback occurs, open a position in the opposite direction to catch the retracement. This approach may not make you rich overnight, but it helps you survive longer.

Making money isn’t hard; the difficult part is holding back when you shouldn’t be losing. Instead of constantly scanning K-line charts for opportunities, set a discipline for yourself: avoid trades without certainty, no matter how tempting.

Finally, I wish everyone never to get liquidated. I’ll share more practical tips if there’s a chance later.