Many people think trading cryptocurrencies is simple, just buy low and sell high.


But when you actually get involved, you realize the hardest part isn't predicting the market, but controlling yourself.
Below are some strict rules I set for myself after stepping on many pits; they may not sound nice, but they are definitely practical.
The first and most important rule is: don't follow your emotions.
When prices are rising rapidly, everyone is rushing in; don't follow.
When prices are falling sharply, everyone is scared; instead, stay calm and look for opportunities.
It's easy to say, but hard to do—I’ve also learned the lesson the hard way—chasing highs and getting trapped, or cutting losses during a pullback.
These are lessons learned from experience.
Second, never invest all your money at once.
Full position trading is like risking your life savings; if your mindset gets shaky, your operations will distort.
The market is never short of opportunities; if you have no cash on hand, you can only watch when opportunities come.
Keep some reserve funds; it will give you peace of mind.
In terms of specific strategies, I’ve summarized a few practical tips based on real trading experience:
If the direction is unclear, don’t act.
When the coin price is sideways at a high level, sometimes it will push to new highs;
when it’s sideways at a low level, it might continue to break the bottom.
Don’t guess—wait for the market to find its own direction.
Trade as little as possible during sideways movements.
Most people lose money by frequently entering and exiting during these times, losing fees and messing up their rhythm.
Buy on big dips, sell on big rallies.
For example, if a daily candle closes with a large bearish line, consider buying in parts;
Conversely, during a strong bullish candle, sell a bit.
This rhythm is very practical.
Pay attention to the speed of the decline.
If the fall slows down gradually, the rebound usually lacks strength;
but if it suddenly accelerates downward, the rebound might also be quite fierce.
This change can help you judge the right timing.
Building a position is like stacking blocks—start from the bottom.
The more it falls, the more you buy gradually;
this way, your average cost can be balanced, and you won’t fear a temporary dip.
When prices rise significantly, they tend to sideways;
when they fall significantly, they also tend to sideways.
Don’t sell all your holdings at once during sideways periods, nor buy everything at the bottom.
The key is to watch which side the sideways movement breaks out from, then adjust accordingly.
Trading cryptocurrencies ultimately is a battle with yourself.
These methods sound simple, but executing them requires strong discipline.
I don’t aim for instant wealth; as long as I can stay steady and earn slowly, that’s enough.
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