During a bull market, everyone shouts 'hold on', but when it crashes, they panic and cut their positions.

The truly successful investors do one thing—sell when others are greedy and buy when others are fearful. In short: operate against human nature.

I went from being a novice to where I am today, relying on my own trading logic. Here are some of the most practical tips I want to share:

Enter the market with a small position when the market is sluggish.

Don’t get too excited and go all in; first buy a little spot to feel the rhythm of the fluctuations, and don’t expect to make a fortune on the first trade.

Endure the sideways market.

A long time of low price sideways means building momentum; a long time of high price sideways often leads to a plunge.

Buy low during sideways trading, sell high when the market is crowded.

Sell when prices rise, buy when they plunge.

Chasing highs is just lifting others' boats; the opportunities come when prices drop sharply—but pay attention to the position and structure, don’t blindly bottom fish.

Buy on down days, sell on up days.

This is the most counterintuitive part. Most people feel excited when they see a big up day and fearful on a big down day, but often it’s the opposite opportunity.

Buy on dips in the morning, sell on rallies in the afternoon.

It’s not 100% accurate, but the probability of being correct in the general direction is very high, worth studying.

Avoid frequent trading.

During sideways markets, it’s better to refrain from placing orders and wait for a breakout. The more you want to make quick money, the easier it is to get liquidated.

Moving forward, here are some practical strategies:

High sell and low buy within a range, follow the trend during a breakout, go with the flow in a unidirectional trend, counterattack key support and resistance—these are now second nature to me.

I used to be baffled by technical charts, but now I can gauge a general trend from a single candlestick.

Finally, a reminder: trading cryptocurrencies is all about mindset.

When opportunities arise, you hesitate to jump in; when prices drop, you hesitate to average down; when you make a profit, you’re reluctant to cash out; when you incur losses, you hesitate to cut your losses.

Take a moment to think: do you have a strategy for trading, or are you just gambling?

I’ve watched some people grow from $10,000 to hundreds of thousands, and I've also seen many lose everything from hundreds of thousands.

Those who remain in the crypto space aren’t necessarily the most skilled, but those who are the most stable.