Having been in this market for a long time, I have one deepest realization—the market is always there, but you only have one life. Instead of trying to catch every wave of gains, it's better to preserve your principal.

**Knowing what you can understand is more profitable than anything else**

There are plenty of opportunities; what’s truly lacking is patience. Many people see a few zeros added to someone else’s account, and rush in immediately, only to find they don’t understand the market charts at all, ending up as the last bagholder. This happens way too often.

My approach is simple—focus only on a few familiar patterns. For example, a pullback after breaking through a key resistance level, or a secondary dip after a volume surge at the bottom. If you don’t understand a trend? Just ignore it. Missing out on a surge isn’t a big deal; what’s truly scary is rushing in blindly and getting trapped. Simply put, if it’s not your fish, don’t try to catch it.

**Impulsive decisions distort your account**

The two most heartbreaking types of people in the crypto world are: those who get cocky after making a little profit, and those who get desperate after losses and turn red-eyed. Both end up being harshly taught by the market.

In last year’s bull market, a friend chased into BTC as it surged. When it dropped 10%, he was unwilling to accept it, doubled down to recover losses, only to see it keep falling. He held on stubbornly, refusing to admit defeat, until he was forced to cut losses. This is the consequence of emotional trading—wanting to make up for losses, chasing more profits after gains, and completely abandoning the original plan.

Before placing an order, ask yourself three questions: Have I truly understood this wave of the market? How much can I afford to lose if it moves against me? What proportion of my overall plan does this position represent? Think carefully before acting—many mistakes can be avoided this way.