The dumbest way to trade cryptocurrencies is often the most effective.
I have seen too many people go bankrupt, leave the market, and walk away in shame; 90% of people cannot persist, and they all make three fatal mistakes:
The first is buying on the rise.
When the price goes up, they get greedy, thinking "this wave can soar," but as soon as they buy, it crashes,
and when the real panic selling happens, no one dares to buy.
Only those who can make "buying on the dip" a habit are truly benefiting from the cycle.
The second is over-leveraging.
Thinking that being right about the direction means they can make a fortune, but then they get shaken out by the big players, who drop a few needles, directly clearing their positions.
The third is going all in.
When emotions run high, they go all in. Even if you guess the trend right,
you can't flexibly switch or adjust your positions, missing out on real opportunities while just watching.
Ultimately, you don't lose because of the market conditions, but because you lose to your own habits.
You must read and take notes on these super useful six-character strategies!
1. High-level consolidation is not over; new highs are often still ahead; low-level sideways movement has no bottom and can easily create new lows. Don't make a move before the market changes.
2. Don't act during sideways movement; most people lose patience during volatility.
3. Buy on a bearish daily close, sell on a bullish daily close. Following the mood is much better than guessing.
4. Slow declines won't bounce high; fast declines can lead to quick rebounds. Only by clearly understanding market rhythms can you see opportunities.
5. Use a pyramid-style entry, entering in batches, and always keep some bullets.
6. After significant rises or falls, there must be consolidation; after consolidation, there will definitely be a market change. Don't go all in at high points, and don't go all in at low points; wait for signals before deciding your fate.
Investors should continuously learn and practice, integrating these secrets into a suitable investment system while maintaining a good mindset. Only by steadily progressing through the ups and downs of the cryptocurrency market can they increase their chances of profiting and achieve stable asset growth.