Some honest words about trading, for those who want to survive longer in the crypto world

A senior once told me a phrase that I still remember today.
He went from 50,000 to 8 million, and he only said one thing:
The crypto market never lacks opportunities; what’s missing are people with stable emotions.
Most people in the market are actually being led by their emotions.
If you can control your emotions, the market is often just a cash machine.
What truly makes a difference is not news, not feelings, but trading strategies.
Below are some practical principles I have repeatedly verified:
Think clearly before entering, don’t chase after movement just because you see it.
After a sideways consolidation at a low level, a sharp move is often an opportunity; after a sideways consolidation at a high level, it’s usually a sign to sell.
Understand when to sell during a rapid rise, and be brave to buy during a sharp decline; when the price is sideways, it’s often a sign to hold.
Early market sentiment release makes it easier to find opportunities during big drops; during big rises, learn to reduce positions.
In the afternoon and evening sessions, don’t chase big gains, and during big drops, it’s better to wait for the next day.
Don’t sell if it doesn’t reach a new high, don’t buy if it doesn’t dip; during sideways phases, better to watch the show.
Dare to buy when the candle is bearish, dare to sell when the candle is bullish; following human nature, you’ll never make money.
Full position trading is a big taboo; take profit and stop loss are not technical issues, but survival issues.
Ultimately, trading crypto is fundamentally about trading your mindset.
When greedy, you can’t see the risks; when afraid, you can’t seize opportunities.
By not chasing highs or killing lows, you can make trading a long-term endeavor.
Here are some of my most commonly used and practical trading methods, applicable to both beginners and veterans:
1. Range-bound Market
Focus on buying low and selling high, watch the Bollinger Bands and support/resistance, and don’t be greedy.
2. Breakout
The longer the sideways, the more violent the move. If the direction is right, execute decisively.
3. Trending Market
Once it’s a one-way trend, only follow the trend. Don’t panic during pullbacks, buy on rebounds.
4. Key Level Trading
Important support and resistance levels are often the points of capital battles, with the highest success rate.
5. Pullback and Rebound
After big rises or drops, the phase of emotional recovery is often the best time to trade.
6. Time Period Differences
Daytime tends to be more stable, suitable for conservative trading; night and early morning are more volatile, suitable for aggressive trading but with higher risks.
Final reminder:
The crypto market indeed has high volatility and many opportunities, but those who stay are never the most aggressive, but the most calm.
Treat trading as a long-term project, not a gamble for quick riches.
A little slower, and you’ll go much further.
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