If you want to achieve steady profits in the cryptocurrency market, there is actually a seemingly 'clumsy' yet effective strategy. As long as you thoroughly understand this method, you can reliably control your earnings. However, in practical operations, you must avoid these three 'taboos':

First, never chase prices to buy. The smart approach is to do the opposite; when market panic spreads and everyone is selling off, decisively enter the market; while when the market is booming and everyone is frantically grabbing coins, you should remain calm. Remember, finding entry points during a downtrend is the key habit for profitability.

Second, diversification is a strict rule; you must never bet all your funds on a single cryptocurrency, as this avoids the huge risk of concentrated holdings.

Third, never operate with a full position! A full position will cause you to lose initiative; the market changes rapidly, opportunities arise at any time, and a full position means missing other good opportunities, increasing unnecessary opportunity costs.

Here are a few practical tips for short-term cryptocurrency trading:

First, when prices are high, don’t rush to enter, as there may still be room for an increase; when prices are low, don’t hastily sell, as it may continue to probe lower. Be sure to wait until the trend is clear before taking action.

Second, during sideways consolidation, it’s best to remain inactive. Many people trade frequently during this phase, and the result is often a loss.

Third, refer to the candlestick chart; when a bearish candle appears, consider laying out a buy; when a bullish candle rises, it’s a good time to sell.

Fourth, if the price drops slowly, subsequent rebounds are usually weak; if the drop is sharp, then the rebound will also be stronger.

Fifth, when building a position, follow the pyramid principle, which is a classic strategy for value investing.

Sixth, when a cryptocurrency experiences sharp fluctuations, it is likely to enter a period of sideways consolidation. At this time, don’t rush to liquidate at high points, and don’t rush to fully invest at low points. The end of the consolidation period often accompanies a trend reversal; once the price starts to fall from a high point, you should decisively stop loss and exit.