Five years ago, one night, I stared at the screen as one red candlestick after another plummeted, my palms sweating. Back then, I was new to the crypto world, my mind filled with only one thought: "Get rich quick." Overnight, my account was emptied, leaving me questioning my existence—I realized the market shows no mercy to newcomers. After that disastrous experience, I forced myself to review my trades, learn, and record market data… From initially being “pushed along by the market,” I've now learned to analyze charts, manage positions, and maintain composure. In five years, I've paid countless tuition fees and witnessed too many people go from their peak to zero. Today, I'm writing down the eight ironclad rules I learned from these five years of mistakes. If they can help someone avoid these pitfalls, I think it's worth it. 1. Capital Allocation: With less than 100,000, focus on only one coin; with 200,000-300,000, allocate to two; with less than 500,000, hold a maximum of 3-4 coins. No matter how much capital you have, limit your position to a maximum of 5 coins. 1. **Concentrate your firepower in a bull market, operate with light positions in a bear market, and be quick to exit if you lose.** 2. **The purpose of learning:** The sole purpose of reading news and learning technical analysis is to improve your win rate. Remember, the trend determines everything. Rebounds in a downtrend are often traps, while dips in an uptrend are mostly opportunities. Don't try to catch the bottom, and don't try to guess the big players' tricks. 3. **Operating timing:** Only operate when the market is hot, maintaining flexibility and adaptability. 4. **Stop-loss principle:** When losing, firmly set stop-loss orders; don't lower them unnecessarily. When profiting, continuously raise your take-profit level to prevent profits from slipping away. 5. **Decisive operation:** Be bold when buying and decisive when selling. Hesitation will cause you to miss opportunities. 6. **Question before adding to your position:** Before adding to your position, ask yourself, if I hadn't entered the market now, would I still buy? If the answer is yes, then add to your position. 7. **Minimize short-term trading:** Don't be misled by intraday fluctuations; frequent short-term trading will only disrupt your rhythm. Real big money is made by following the trend. 8. Don't blindly buy the dip: Don't blindly buy the dip just because it's fallen a lot. Only 20% of people make money in the market; most lose money by chasing the decline. If you still don't know what to do, follow Brother Yu. As long as you take the initiative, I'll always be there! #TrumpCancelsAgriculturalTariffs