Cryptocurrency trading is never about luck, but about control. Those who can survive long-term do not rely on predicting the market, but on executing rules.
✦ 01 When the trend hasn't arrived, take no action
Don't rush when it's sideways; don't chase when it goes up; don't cut losses when it goes down. If the market gives no signals, do not act. Waiting is a strategy in itself.
✦ 02 A sideways range is not a stage, it's a trap
The place where it's easy to flip is in a sideways market. Resist the temptation, don't rush the rhythm; wait for a breakout and then follow.
✦ 03 Set up for declines, cash out on rises
Only when you're against the sentiment do you have an advantage. Prepare when it’s falling, cash out when it’s rising. Don't let the market lead you by the nose; instead, position yourself in advance.
✦ 04 A rapid decline is the opportunity window
Slow declines are frustrating, while rapid declines squeeze people. However, after emotional sell-offs, structural opportunities often appear. When fear is high, it is often the time to act.
✦ 05 Scale in, rather than overcommit at once
The pyramid strategy is optimal for small funds. Add a little with each decline; costs will naturally average down, and risks will decrease.
✦ 06 At critical moments, only one word: act fast
Market changes happen faster than your reactions. When an uptrend turns sideways, first protect your capital; when a sideways market turns down, exit immediately. Short-term trading has no gentleness, only efficiency.
In short: act less, wait more, focus on execution. True gains come from "patience," not "impulse."
If interested, you can follow Cool Boss's plan for gradual gains, the most basic and steady approach!