Having been involved in the crypto space for many years, I gradually realized that those who truly make money often use surprisingly simple methods. They don't pursue flashy techniques; instead, they strictly adhere to a few ironclad rules. Today, I will organize and share those most useful principles.
First, let's talk about three bottom-line rules that you must never violate. The first is chasing highs and selling lows—hot markets are usually traps. I’ve learned to look for opportunities when the market is quiet, which often allows me to pick up bargains. Second, never put all your assets into a single coin; diversification is not conservative but gives you room to maneuver. Third, never go all-in; always keep some bullets in your account because the market offers more opportunities than your current arsenal.
Next, there are four practices you must坚持. During sideways consolidation, the most testing of human nature—data shows that 80% of losses occur in this phase, so at this time, you need to learn to hold back and wait until the trend is clear before acting. Don’t panic when you see a big bearish candle; sometimes, a sharp decline is a gift, and during rebounds, you can calmly accumulate positions. Building a position should be strategic—gradually stacking in batches, controlling costs within a safe zone, like building a pyramid. The most crucial point—protect your principal first. When your account has decent unrealized gains or has been consolidating for a while, withdraw your principal to lock in profits; the rest should be used to fight for further gains.
These methods may seem simple, but precisely because they require strong patience and execution, this "simplicity" helps you withstand short-term market fluctuations and the noise of public opinion.
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SelfStaking
· 21h ago
That's right, patience is key; most people get wiped out at the moment of bottom-fishing.
Once you see through it, simple and straightforward is the way to go; complicated strategies are more likely to lead to losses.
The sideways consolidation phase is really the hardest to endure. I've been through it myself and finally understand what "waiting" really means.
Capital safety comes first, I agree with that. I've seen too many people get wiped out by going all-in.
Using the dollar-cost averaging method is what I'm doing now. Compared to going all-in at once, it feels much less stressful psychologically.
Honestly, making money in the crypto space really isn't about any secret tricks; it's about discipline.
Not chasing the pump can really save your life. Every hot project that explodes eventually disappoints.
I need to learn to lock in my principal early; it's easy to be blinded by unrealized gains.
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WhaleWatcher
· 21h ago
Exactly right, but the hardest part is the word "stupid"; so many people fail at resisting the urge to act impulsively.
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PanicSeller69
· 21h ago
That's right, the key is to not be greedy or impatient.
Let's wait until I withdraw the principal first.
Sideways trading is the real test, most people can't endure it.
Diversifying my holdings has saved me several times.
The thrill of picking up bargains is way more satisfying than chasing high prices, how should I put it?
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RugResistant
· 21h ago
ngl the "fomo trap = honeypot" part hits different... analyzed thoroughly and yeah, that 80% liquidation stat during consolidation phases checks out. seen too many rugpulls follow the exact same pattern—hype dies, then floor falls out. DYOR but keeping dry powder > chasing candles, fr fr
Having been involved in the crypto space for many years, I gradually realized that those who truly make money often use surprisingly simple methods. They don't pursue flashy techniques; instead, they strictly adhere to a few ironclad rules. Today, I will organize and share those most useful principles.
First, let's talk about three bottom-line rules that you must never violate. The first is chasing highs and selling lows—hot markets are usually traps. I’ve learned to look for opportunities when the market is quiet, which often allows me to pick up bargains. Second, never put all your assets into a single coin; diversification is not conservative but gives you room to maneuver. Third, never go all-in; always keep some bullets in your account because the market offers more opportunities than your current arsenal.
Next, there are four practices you must坚持. During sideways consolidation, the most testing of human nature—data shows that 80% of losses occur in this phase, so at this time, you need to learn to hold back and wait until the trend is clear before acting. Don’t panic when you see a big bearish candle; sometimes, a sharp decline is a gift, and during rebounds, you can calmly accumulate positions. Building a position should be strategic—gradually stacking in batches, controlling costs within a safe zone, like building a pyramid. The most crucial point—protect your principal first. When your account has decent unrealized gains or has been consolidating for a while, withdraw your principal to lock in profits; the rest should be used to fight for further gains.
These methods may seem simple, but precisely because they require strong patience and execution, this "simplicity" helps you withstand short-term market fluctuations and the noise of public opinion.