I use the dumbest method for trading cryptocurrencies, and my win rate is almost 100%. I take most of the profits, learn slowly, and never do three things!

The first thing is to never buy when the price is rising. Be greedy when others are fearful, and be fearful when others are greedy. Develop the habit of buying when prices are falling.

The second is to never use leverage.

The third is to never go all in. Going all in makes you very passive, and the market is never short of opportunities. The opportunity cost of going all in can be very high.

Now, let’s talk about six key phrases for short-term trading.

The first is that after the price of a coin consolidates at a high level, there will usually be a new high. After the price consolidates at a low level, there will usually be a new low as well. So we need to wait for the direction of the trend change to become clear before we take action.

The second is to not trade during sideways movement. Most people lose money in trading because they can't manage this simplest point.

The third is when selecting candlesticks, we buy on daily lines when a bearish candle closes. When a bullish candle closes, we sell.

The fourth is that when a downtrend slows, the rebound also slows. A sharp decline leads to a rapid rebound.

The fifth is to build positions using a pyramid buying method. This is the only unchanging principle of value investing.

The sixth is that when a cryptocurrency continues to rise after a sustained decline, it will inevitably enter a sideways state. At this point, there’s no need to sell everything at a high position, nor is it necessary to buy everything at a low position. Because after consolidation, a trend change will inevitably occur. If the trend changes downward from a high position, you need to clear your positions in a timely manner. In short, you need to act promptly.