To avoid pitfalls in cryptocurrency trading, sometimes the 'stupid method' is actually the shortcut. Today, I'm sharing a set of strategies called 'Three Don'ts and Six Musts', which are simple in logic yet can help you avoid most traps:

Three Major Tabooes: Stick to the Bottom Line and Avoid Crashing

1. Don't chase highs and sell lows

90% of losses come from 'chasing highs'—when the price skyrockets, people often think 'this time is different', only to get stuck at the peak; true opportunities are often hidden when 'blood is running in the streets', and when everyone is afraid to open the exchange app, it's the time to be greedy and enter.

2. Don't go all in on a single coin

Putting all your money on one coin is no different from a gambler betting on a lucky number. Always keep 30% of cash on hand; only then can you have the confidence to 'buy the dip when others panic'.

3. Don't go all in with your entire position

In the crypto world, opportunities are always more abundant than money. Being fully invested is like a hunter with tied hands and feet, helplessly watching opportunities slip away. Position management is the key to survival in the long term.

Six Practical Commands: Strike Accurately

1. Consolidation must lead to change; wait for signals before acting

High-level sideways trading is most likely a 'false breakout' trap set by market makers, while low-level bottoming may hide a crash. It's better to hold off on action until the direction of change is clear.

2. Sideways trading is a death trap; less movement is wise

80% of liquidations occur during sideways periods; those who can't resist the urge to act often become 'cannon fodder'.

3. Buy on bearish candles, sell on bullish candles

Counter-trend trading is the way to go: a scary large bearish candle often presents a buying opportunity; during consecutive bullish candles, don’t be greedy—it's time to take profits.

4. The sharper the drop, the stronger the rebound

Coins that drop slowly will rebound gently; coins that plummet rapidly and crazily, once stabilized, often rebound violently. During a waterfall crash, don’t rush to cut losses; first, look for rebound opportunities.

5. Pyramid building for positions, minimize costs

In the bottom area, increase your position by 10% for every 10% drop; buy more as it falls, which can lower your cost to a point that annoys the market makers—this is a 'sure-win technique' hidden by Wall Street elites.

6. Clear positions upon change, don’t wait for regret

Is a coin that surged now consolidating? First withdraw your principal and let the profits fly; is a coin that plummeted now consolidating? Don’t be lucky; when it’s time to cut losses, be quicker than anyone else.

The core of this strategy is actually 'against human nature'—restraining when others are greedy and staying calm when others are panicking, using discipline to combat emotional trading. Whether one can make money often depends on whether they can stick to these simple rules.