Want to survive long in this market? Instead of hoping for overnight riches, it's better to first master the basics.

First, the most common mistake beginners make is jumping into contracts and leverage right away. These can indeed amplify gains, but risks also multiply—losing can wipe out your efforts from a month ago. Therefore, avoid these high-risk operations early on and focus on spot trading.

Second, keep enough cash flow in hand. My advice is to keep at least 60% of your funds idle in your account—don't put everything in. This way, if the market presents opportunities or sudden risks, you'll have the space and flexibility to respond.

The third point: when choosing coins, you need good judgment. Instead of chasing short-term gains of small-cap coins, focus on leading tokens like BTC, ETH, SOL, and BNB. These are assets with sufficient liquidity and relatively stable ecosystems. While volatility exists, their fundamentals are unlikely to go out of control.

Fourth, establish your own trading rules and strictly follow them. Emotions are the biggest enemy in trading—greed when prices rise, panic when prices fall—this can easily lead to wrong decisions. Predefine your buy and sell logic and avoid changing your mind due to market fluctuations.

These are my key insights. If anyone has other ideas, feel free to add.