Some truths about trading, written for those who want to survive longer in the crypto world.

A senior once told me something that I remember to this day.

He went from 50,000 to 8,000,000, and only said one thing:

The crypto world is never short of opportunities, what’s lacking are emotionally stable people.

Most people in the market are actually driven by emotions.

If you can control your emotions, the market is often an ATM.

What truly creates the gap is not the news, not the feelings, but the operational strategies.

The following are practical principles that I have repeatedly verified:

Think clearly before entering the market; don’t chase after you see movement.

After a period of consolidation at a low level, a sudden drop is often an opportunity; prolonged consolidation at a high level usually indicates a sell-off.

Know when to sell during a spike, and be bold enough to buy during a drop; when the market is stagnant, it’s often a sign of indecision.

In the morning session, when emotions are released, a big drop tends to provide opportunities; during a big rise, learn to reduce your position.

In the afternoon and evening sessions, do not chase after a big rise, and it’s better to wait after a big drop for the next day.

Don’t sell at a peak, don’t buy at a trough; during a consolidation phase, it’s better to watch the drama unfold.

Be bold in buying on a bearish candle, and in selling on a bullish candle; if you follow human nature, you will never make money.

Being fully invested is a major taboo in trading; taking profits and cutting losses is not a technical issue, but a survival issue.

Ultimately, trading cryptocurrencies is essentially about trading mindset.

When you are greedy, you cannot see the risks; when you are fearful, you cannot seize opportunities.

Do not chase after rises or panic during drops, only then can trading become a long-term endeavor.

Here are several trading methods that I commonly use and find most practical; whether you are a beginner or an experienced trader, these scenarios cannot be avoided:

1. Volatile Market

Focus on buying low and selling high, observe the range and Bollinger Bands, grasp support and resistance, do not be greedy.

2. Breakout

The longer it consolidates, the stronger it moves. If the direction is right, execution must be decisive.

3. Trend Market

Once a one-sided trend emerges, only trade with the trend. Do not panic during pullbacks, and jump on the rebound.

4. Key Level Trading

Important support and resistance levels are often points of capital contention, with the highest success rates.

5. Pullback and Rebound

After significant rises and falls, the period of emotional recovery is often the best time to trade.

One last reminder:

The crypto world is indeed highly volatile and full of opportunities, but those who can stay are never the most aggressive; rather, they are the most calm.

Treat trading as a long-term project, not a gamble for quick riches.

Taking it slow may lead to going further.

$BEAT #加密市场观察 $PTB #巨鲸动向 $ARC #美联储FOMC会议