Trading cryptocurrencies has a pretty simple but very effective method. Following it may not make you rich overnight, but it can steadily help you secure profits. Learn as you go, and you'll get the hang of it gradually.

First, let's talk about the three things you absolutely must not do when trading cryptocurrencies.
First, don't follow the trend and buy when prices are skyrocketing. Remember this: be bold when others are afraid, be cautious when others are greedy. Develop the habit of buying during price dips—when everyone is panicking, that's the best opportunity to strike.
Second, never place a limit order to buy or sell. Placing limit orders is like gambling on big or small bets—too risky. Our goal in trading crypto is to make money, not to gamble with our lives, so avoid doing it.
Third, never go all-in. Being fully invested puts you in a passive position. The market is full of opportunities, and there's no need to risk all your funds at once. The opportunity cost of being fully invested is too high; if the market turns bad, you might not have a chance to recover.
Now, let's talk about six short-term trading tips. Remember these to avoid many pitfalls.
First, after a coin's price consolidates at a high level, it often pushes higher to set a new high; after consolidation at a low level, it’s likely to fall further and set a new low. So, wait until the trend direction is clear before taking action—don't rush to bet.
Second, don't trade blindly during sideways markets. Many people lose money because they can't control their impulses and keep messing around during consolidation. Stay calm and wait for the trend to clarify before acting.
Third, when choosing candlestick patterns, buy on a closing down (bearish) candle and sell on a closing up (bullish) candle. This simple trick is quite effective and can help you seize many opportunities.
Fourth, when the downward speed slows, the rebound will be slow; when the decline accelerates, the rebound will be fierce. Adjust your trading strategy based on this pattern.
Fifth, build your position using the pyramid method. This is a fundamental rule in value investing—follow it, and you'll be on the right track.
Sixth, after a coin has been rising or falling continuously, it will enter a sideways consolidation phase. Don't rush to sell all your holdings or buy everything at once during this time, because after consolidation, a trend reversal is inevitable. If it’s turning down from a high, quickly clear your position; if it’s turning up from a low, gradually add to your holdings. Be flexible and avoid sticking to one approach blindly.