When it comes to trading cryptocurrencies, the dumbest approach can actually eat up most of your profits— but only if you truly stick with it. Learn slowly, persistently do it, and that’s the difference.
First, let’s talk about three things you absolutely must not do. First, don’t chase high during an uptrend. Think the other way around: be fearful when others are greedy, and greedy when others are fearful. It sounds simple, but actually doing it is hard. When a decline occurs, buying is the right move. Make this a conditioned reflex over the long term.
Second, stay away from order squeezing. Third, never hold a full position. The consequence of being fully invested is that you get manipulated by the market, unable to react, and miss out on opportunity costs. The crypto world isn’t short of opportunities; what’s lacking is flexibility.
Now, let’s discuss six proven short-term trading rules validated through years of practice. Remembering these can save you from many detours.
**Rule 1**: After a high-level consolidation, new highs often occur; after a low-level consolidation, new lows are likely. The key is to wait until the trend reversal is truly clear before acting—don’t rush.
**Rule 2**: Don’t trade during sideways movement. This is the most overlooked aspect. Most people lose money because they can’t control their hands, making reckless moves that lead to losses.
**Rule 3**: Watch the daily chart rhythm. Buy when a bearish candle closes, sell when a bullish candle closes. Follow the trend rhythm closely. Many people lose because they operate in the opposite direction.
**Rule 4**: When the decline slows down, rebounds are also slow. But if the decline accelerates, a rebound can often surprise you. Strong rebounds depend on how fierce the previous downtrend was.
**Rule 5**: Pyramid position building. This is the core of value investing. It’s not about going all-in at once but entering in stages, with rhythm.
**Rule 6**: When a coin’s price reaches a certain stage, it will inevitably enter sideways trading. Don’t sell all at high levels, nor buy all at lows. Wait for the breakout signals after consolidation—if it turns downward, exit immediately to protect profits; if it turns upward, follow the trend and eat the gains.
All these are tested in real trading, not just theoretical. If you want to avoid pitfalls steadily and make solid profits, don’t wander in the dark alone in the crypto world. Using a reliable logic to earn steady money is the long-term way.
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BlockchainBard
· 01-10 16:07
Sounds good, but only a few can truly do it... Just by not chasing highs, half of the people will be eliminated.
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New_Ser_Ngmi
· 01-10 06:55
That's right, it's just that not being able to control your hands leads to losses.
I've heard these words a hundred times, but the problem is that I can't execute them.
Waiting for sideways movement without taking action is the hardest, I always want to buy the dip.
Those who truly make money are the ones who quietly get rich.
Gradually building positions is indeed reliable; going all-in and getting wiped out early is common.
Full position equals entrusting your life to the market, which is too foolish.
Everything said is correct; it all depends on who can really stick to it.
The most feared thing is hearing a bunch of theories but still operating chaotically.
The pyramid model is indeed a classic, but it requires enough patience.
The biggest lack in the crypto world is truly self-discipline, not strategy.
After reading so many guides, only a few people can really make money.
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PerpetualLonger
· 01-09 16:09
That's right, but I still went all-in haha. Faith really can cure all losses.
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HashRateHermit
· 01-08 11:02
That's right, but very few people can truly stick to it; most still can't control their impulses.
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Sideways trading really tests human nature. Watching market movements makes you want to act, but this habit is hard to break and almost impossible to change.
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Doing full positions only once is enough; being manipulated by the market is a real experience... Don't ask me how I know.
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Building a pyramid position sounds simple, but in practice, you always want to go all-in at once, and the result is getting trapped.
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I've chased highs many times before. Now, looking at those still doing it, I see my former self.
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The key is patience. Wait until the trend truly clarifies before acting; not every fluctuation needs your participation.
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There are many opportunities in the crypto world, and flexibility is even more important—this hits the pain points of many people.
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Experience gained from real trading is truly different; there's a big difference between theoretical discussion and actual trading.
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ContractExplorer
· 01-08 11:01
That's right, losing control and making reckless trades is really a big taboo. I've lost money trading during sideways markets because of impulsiveness.
The hardest part is not to chase high; watching others make money makes your eyes turn red.
Full position really means entrusting your life to the market, and I've learned this lesson many times.
Sticking to pyramid building can indeed help you survive longer; don't go all in at once.
By the way, about order placement, some people just don't listen to advice and insist on trying.
Among the six rules, the one about not moving during sideways markets is the easiest to overlook, and those with impulsive tendencies are usually because of this.
Buying on a bearish candle and selling on a bullish candle—sounds simple, but who actually does it?
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GateUser-a180694b
· 01-08 11:00
No matter how well you explain, the key is whether you can truly stick to it and not chase the highs.
View OriginalReply0
DuckFluff
· 01-08 10:48
You're right, I'm just afraid that even if you understand, you can't stick with it—that's the most heartbreaking part.
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0xSunnyDay
· 01-08 10:46
It sounds good, but how many can really do it? I'm the kind of person who can't control my hands; I want to trade even during sideways markets, and I lose money very quickly.
When it comes to trading cryptocurrencies, the dumbest approach can actually eat up most of your profits— but only if you truly stick with it. Learn slowly, persistently do it, and that’s the difference.
First, let’s talk about three things you absolutely must not do. First, don’t chase high during an uptrend. Think the other way around: be fearful when others are greedy, and greedy when others are fearful. It sounds simple, but actually doing it is hard. When a decline occurs, buying is the right move. Make this a conditioned reflex over the long term.
Second, stay away from order squeezing. Third, never hold a full position. The consequence of being fully invested is that you get manipulated by the market, unable to react, and miss out on opportunity costs. The crypto world isn’t short of opportunities; what’s lacking is flexibility.
Now, let’s discuss six proven short-term trading rules validated through years of practice. Remembering these can save you from many detours.
**Rule 1**: After a high-level consolidation, new highs often occur; after a low-level consolidation, new lows are likely. The key is to wait until the trend reversal is truly clear before acting—don’t rush.
**Rule 2**: Don’t trade during sideways movement. This is the most overlooked aspect. Most people lose money because they can’t control their hands, making reckless moves that lead to losses.
**Rule 3**: Watch the daily chart rhythm. Buy when a bearish candle closes, sell when a bullish candle closes. Follow the trend rhythm closely. Many people lose because they operate in the opposite direction.
**Rule 4**: When the decline slows down, rebounds are also slow. But if the decline accelerates, a rebound can often surprise you. Strong rebounds depend on how fierce the previous downtrend was.
**Rule 5**: Pyramid position building. This is the core of value investing. It’s not about going all-in at once but entering in stages, with rhythm.
**Rule 6**: When a coin’s price reaches a certain stage, it will inevitably enter sideways trading. Don’t sell all at high levels, nor buy all at lows. Wait for the breakout signals after consolidation—if it turns downward, exit immediately to protect profits; if it turns upward, follow the trend and eat the gains.
All these are tested in real trading, not just theoretical. If you want to avoid pitfalls steadily and make solid profits, don’t wander in the dark alone in the crypto world. Using a reliable logic to earn steady money is the long-term way.