#数字资产市场洞察 I have been wandering in the crypto market for so many years, and it sounds a bit heart-wrenching - I almost got directly sent out by this market.

The last two years were the worst. My account dropped from its historical high all the way down, not just halving, but at times it felt like it was cut even deeper. During that period, my daily routine was completely out of whack; I often woke up in the middle of the night, and the first thing I did was check the K-line charts to see the market. It was only later that I truly understood that the problem was not about the level of effort, but rather that I was using a trading logic that completely went against human nature.

I observed a circle of retail investors, and they are basically all stepping into the same pit:

Is the crypto down? You stubbornly hold on without moving, just thinking about getting your money back as soon as possible. Has the crypto risen a little? You wish you could run away immediately, afraid that the profits you worked hard to earn will be given back. But this market never plays by your rules. Its rhythm will never follow your psychological expectations.

What truly matters for those who survive is not that complicated:

When the market is favorable, hold on; when the market turns, cut losses immediately. This is the core principle—let the money you earn run while quickly caging the money you lose.

This is not done to get rich quickly, but to avoid being directly eliminated by the market.

There is one thing that has been seriously underestimated, called trading volume.

Trading volume is like the pulse of the market.

Many coins are moving at a slow rising pace with decreasing volume? Often, there is still hidden upward potential behind it. When it reaches a critical position and starts to decline, but the volume remains small? Sometimes this actually gives you a second chance to get back in. Conversely, a situation with large volume but unable to push up? At this point, you need to start paying attention.

Position management is directly related to your survival.

Too many coins to track will inevitably lead to a chaotic mindset, and actions may become distorted. The reality is that two or three key targets are enough. Beyond this number, rather than diversifying risk, it is more about spreading one's energy and judgment.

This last piece of advice is worth mentioning separately:

After making substantial profits during a certain period, you must force yourself to stay calm and not hold any positions for a while. The most ruthless harvesting in the market often occurs just at the moment when you start feeling that you have "had an epiphany."

Opportunities to make money will always come in waves. The key is whether you can survive to wait for that wave. It all depends on whether you have the ability to control your hands.