In the cryptocurrency space, those who can truly make big money are always a minority, while most cannot escape the fate of being 'chives' (a term for inexperienced traders). Some have turned a capital of 100,000 into 42 million, not through luck, but through emotional control and a strategy that stands the test of practical application. A senior once said, 'The market is filled with trend-following retail investors; if you can control your emotions, this can become your ATM.'

Through years of ups and downs, I’ve come to understand more and more: a reliable trading strategy is the foundation for navigating market fluctuations. The following experiences summarized from practical trading are worth savoring—

Entry Principles

Beginners should avoid reckless entry; funds should be invested in batches.

Build positions steadily while leaving room for maneuver; decisively avoid the urge to make impulsive decisions.

Dealing with Sideways Movement

After a low-level horizontal movement, if it drops to a new low, consider buying heavily in the densely clustered area.

If there’s a sudden spike during a high-level horizontal movement, don’t be greedy for the final profit; decisively secure your gains.

Volatility Management

Don’t chase the highs during a sharp rise; instead, seize the opportunity to sell.

Don't panic during sharp declines; grasp the opportunity to buy low.

During sideways periods, avoid unnecessary actions; hold your positions and wait for trends—often, significant rises hide in the last moments of 'grinding'.

Be cautious during rapid surges; the faster the rise, the sharper the potential pullback, always be prepared to take profits.

There's no need to panic during a slow decline; averaging down by purchasing in batches is more rational than blindly cutting losses.

Trading Opportunities

Don’t sell easily before reaching target prices, and don’t blindly buy before reaching support levels; during sideways chaotic periods, observe more and act less.

Buy during pullbacks indicated by bearish candles and sell during rises indicated by bullish candles; contrarian trading helps avoid retail traps.

Don’t rush to cut losses after a significant drop in the morning; it may actually present a buying opportunity. Don’t be greedy after a sharp rise in the morning; taking profits is the safest approach.

A sudden surge in the afternoon may lead to being trapped if you chase the highs; if there's a continuous drop in the afternoon, it might be better to wait for the next day to observe.

When prices don’t rise or fall, it’s best to take a break—frequent trading incurs more costs than missing opportunities.

After being trapped, averaging down is only for protecting your capital; don’t fall deeper because you 'want to make it back.' Greed is the biggest trap; taking profits when available is the hallmark of a winner.

Risk Awareness

Sudden fluctuations in a calm market may conceal significant movements.

After several days of significant increases, a pullback is often not far away; when the K-line forms a triangle, be cautious of reversal signals.

In an uptrend, support levels provide confidence; in a downtrend, resistance levels are barriers.

Trading with a full position is like gambling with your life; stubbornness will lead to backlash.

Market conditions are unpredictable; understand 'stopping'—take profits to secure gains, cut losses decisively, and be resolute in your actions.

Ultimately, trading in cryptocurrencies tests one's mindset. Greed leads to chasing highs, while fear causes panic selling. If you can break free from these two emotions, you’ve already won half the battle. Those who chase rises and sell on dips are always giving money to the market; maintaining a calm mind and following strategies is the key to standing firm amidst volatility.

Additionally, these practical trading methods are worth studying; they can help beginners get started and assist veterans in refining their skills:

• Volatility Trading Method: Most of the time, markets fluctuate within a range. Use BOLL indicators and box theory to identify highs and lows, buying low and selling high to profit from the price difference. For short-term trading, don’t be greedy; take profits when they are available.

• Breakout Method: After a long period of sideways movement, the market will choose a direction to break out. Entering at the early stage of a breakout can yield quick profits, but one must develop the ability to distinguish false breakouts to avoid being lured into false hopes.

• Unilateral Trend Method: When the market breaks out of consolidation into a unilateral rise or fall, trading with the trend is more effortless. Buy on dips and sell on rebounds, combining K-lines, moving averages, and trend lines to gauge the rhythm and profit by following the trend once you're skilled.

• Resistance and Support Method: Key resistance and support levels are the focal points of the long-short game. Use trend lines, Bollinger Bands, and parabolic indicators to identify points. Buy at support and sell at resistance for a higher win rate.

• Pullback Rebound Method: After significant increases, there are often small pullbacks; after large declines, there are small rebounds. Capturing 'corrective movements' can yield easy profits. Focus mainly on K-line patterns (such as doji stars, hammer candlesticks); once you develop a good market feel, it’s not difficult to grasp highs and lows.

• Time-based Trading Method: The morning and afternoon sessions have small fluctuations, suitable for conservative traders—though profits are slow, the market patterns are easier to grasp. The evening and overnight sessions have large fluctuations, suitable for aggressive traders—profits come quickly, but the technical and psychological demands are high; beginners should proceed with caution.

The market is never lacking in opportunities; what’s lacking are those who are prepared. Instead of trading blindly amidst volatility, it’s better to take time to refine your strategy—keep up with the rhythm and control your emotions to turn numbers into real money in the cryptocurrency world.$BTC $ETH