Having navigated the crypto world for years, I’ve seen too many people take the wrong turns—including my past self. Chasing highs during rallies, cutting losses during dips, constantly trading during sideways markets—ultimately, not only did I not make much money, but I also paid a hefty amount in fees to exchanges.

Later, I gradually realized that those who truly survive and keep making profits adhere to a few simple principles.

**Don’t enter the market with emotions, don’t trade impulsively**
When the market surges, the screens are full of "If you don’t get on now, it’ll be too late"; during crashes, it’s all "Run away quickly." But often, the most risk is in the lively places, and real opportunities are hidden in panic. I’ve experienced chasing high in FOMO and getting trapped, as well as bottom-fishing. I’ve come to understand a truth: the crazier the market, the more you need to stay calm; slow down when needed.

**Never fully load your position, always leave yourself a way out**
Full positions push you into a dead end. When your mindset is chaotic, you can’t make good decisions. The market offers many opportunities, but what’s truly scarce is whether you still have bullets when the opportunity arrives.

**If you can’t see clearly, just shut up and watch**
Sideways at high levels might be a false breakout trap; oscillations at low levels might not have bottomed out yet. Guessing bottoms or tops? That’s the fastest way to lose money for smart traders. Sometimes, the smartest move is to let the market find its rhythm instead of guessing where it’s headed.

**Patience is tested most during sideways markets**
In choppy markets, entering and exiting frequently often results in earning less than the transaction fees, and it can mess up your rhythm. Sometimes, doing nothing is the best move.

**Dare to buy during big dips, sell during big rallies**
A large bearish candle on the daily chart is a good opportunity to buy in stages; after a series of big bullish candles, consider reducing your position. This sounds simple, but many people do the opposite.

**Don’t just look at the decline percentage, watch the speed of decline**
Downtrends often aren’t over yet; rapid drops can rebound quickly. Speed can tell you the truth earlier than the magnitude.

**Building a position is like farming, not gambling everything at once**
Gradually accumulate within a favorable price range; buy more if it drops further. Use time and rhythm to gain an advantage, rather than betting on the lowest point.

**Wait for a breakout, don’t guess a breakout**
Markets always consolidate after moves. Don’t suddenly clear your position or bottom-fish during sideways periods. The real signal is at the moment of breakout, not in your imagination.

None of these principles are complicated; the hard part is executing them every day. The ultimate test isn’t technical skill, but whether you can resist greed when others are greedy, and stay calm when others are fearful.