Trading cryptocurrencies may seem like a simple game of 'buy low, sell high', but once you get started, you realize that hidden in the red and green candlesticks are all the human traps of chasing highs and lows, and the anxiety of being fully invested. If you want to make steady profits in the long term, don't rely on luck; you must adhere to three 'not advanced but effective' rules—those who follow them have instinctively mastered the art of 'survival'.

① Emotions are the biggest pitfall: When others are greedy, you hit the brakes; when others are fearful, you open your eyes.

During a surge (for instance, Bitcoin rising 20% in a single day), the 'all in' calls echo, and rushing in at that moment is likely to leave you holding the bag; during a sharp decline (such as a 30% drop), when comments scream 'zero', it can actually be an opportunity to scoop up bargains. I made foolish mistakes when I first entered: buying high and getting stuck, panicking and cutting losses on the pullback, paying 'emotional taxes' on all the money lost. Now I understand.

② Never go all in: Keep 30% cash on hand so you won't panic when opportunities arise.

Going all in is like betting your life savings; if the price rises, you float, and if it falls, you crash, with decisions driven solely by adrenaline. Last March, when Silicon Valley Bank collapsed and Bitcoin dropped to $20,000, I used the 30% cash I had reserved to gradually buy the dip, and later, when it rebounded to $30,000, I calmly took profits. The market is never short of opportunities; what it lacks is the capital to 'qualify for participation'—if you have no cash on hand, you'll just be left staring blankly when opportunities arise.

③ Three practical strategies: Avoid 90% of ineffective operations.

* If the direction is unclear, do not act: during low-level consolidation (like $15,000 grinding at the bottom), don't rush to 'buy the dip'; wait for the candlesticks to show a direction (breakthrough or breakdown of key levels) before taking action;

* Trade less during consolidation: transaction fees can eat up profits—assuming 20 trades a month at a fee of 0.1% per trade, you would lose 2% just on fees; combined with the price differences from 'buying high and selling low', your capital can disappear without you realizing it;

* Buy on big drop days and sell on big rise days: when daily candles form large bearish candles (a drop of over 10% in a single day), it indicates the release of panic selling, and you can buy in batches;

In the end, trading cryptocurrencies is about competing with yourself—these methods aren't complicated; the challenge lies in the execution of 'not being greedy when prices rise, and not panicking when they fall'. I don't seek to get rich quickly; I only believe in 'staying steady and earning slowly'.

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