Having been in this market for ten years, to say I completely understand it? That's just bull. But some lessons are indeed learned through real money.

It's not about teaching anyone how to be a person, but rather seeing too many people repeatedly fall into pitfalls. Ultimately, making money relies on rhythm, and being able to survive for a long time depends on awareness.

These 16 instances are all falls I've experienced myself -

1. In a bull market, chase elasticity and you can engage with quality altcoins; in a bear market, don't be reckless, holding onto BTC is the right path.

2. A significant increase in volume at the bottom is often a signal to start. A rebound on low volume? Don't rush to chase.

3. A pullback to the key moving averages during an uptrend is an opportunity window for left-side positioning.

4. Stop messing around. Catching 2-3 major swings in a year is much better than watching the market every day.

5. Position management is a lifeline. Never go all in, leave yourself a way out.

6. Are you stuck with junk coins? Don't add to your position, cutting losses in time is a sign of maturity.

7. The news can only carry emotions; it cannot be used as a reason for building positions.

8. Don't touch the tracks you don't understand. Choose the ecosystems you can comprehend, and just dive deep into them.

9. Emotions are the biggest noise in the market. It's hard to stay rational, but it's also the most valuable.

10. If a copycat rises too much, it must fall, but if it falls too much, it may not necessarily rise. Recognize the strength of the cycle, and don't bet your life against the trend.

11. When everyone is shouting "bull", you should be alert.

12. Be brave to stay in cash and wait for the real entry signal, rather than being pushed by the market.

13. The rotation of hot topics is too fast, and it's easy to get caught in high positions by following the trend. Recognizing the rhythm is more important than chasing hot topics.

14. You must have your own trading system, and all strategies should be able to form a closed loop.

15. Investing is a long-distance race. Emotion management determines whether you can get through the cycles.

16. This market has nine losses for every one win. Trade with spare money, so your mindset won't collapse.

Trading cryptocurrencies is not about who can run faster, but about who can navigate through cycles, maintain composure, and protect their capital.

The deeper the understanding, the smaller the fluctuations. The more stable the system, the better it can continuously deliver between peaks and troughs.