There is a seemingly 'clumsy' yet effective method for trading cryptocurrencies that can steadily capture profits, the key lies in adhering to principles and cultivating discipline. First, remember the three things you should never do:
1. Refuse to chase after price increases: Practice 'When others are fearful, I am greedy; when others are greedy, I am fearful.' Make it a habit to build positions during declines, and avoid buying at market peaks.
2. Give up the obsession with pressing orders: Do not blindly predict tops and bottoms, and avoid missing trend opportunities due to stubbornly pressing orders.
3. Eliminate full position trading: Full positions lose trading flexibility; the market never lacks opportunities, maintaining position flexibility allows for capturing better timing.
Appendix: Six practical slogans for short-term cryptocurrency trading
1. High and low consolidation rule: New highs often appear after high-level consolidation, while new lows are likely after low-level consolidation. Wait for the direction of the market change to become clear before taking action; do not gamble on early movements.
2. Principle of watching during sideways movement: Trading during sideways periods has low cost-performance, and most losses stem from blind operations. Learn to stay in cash and wait for trends to clarify.
3. Buy on bearish candles and sell on bullish candles: Buy when the daily line closes bearish, and take profits when it closes bullish, utilizing the short-term fluctuation pattern to capture price differences.
4. Downward rhythm strategy: When the decline slows, the rebound strength is weak; when the decline accelerates, the rebound may be more intense. Adjust positions and expectations accordingly.
5. Pyramid building method: Gradually increase positions during a decline in a 'pyramid' manner (e.g., first 30%, second 20%, third 10%) to lower average costs and enhance safety margins.
6. Trend reversal logic: After a long-term rise and fall of a cryptocurrency, it will inevitably enter a consolidation phase. At this time, there is no need to operate at extreme highs or lows. After breaking through consolidation, follow upward breakthroughs and decisively exit on downward breaks.
The core of this 'clumsy method' is anti-human nature operation—replacing emotions with discipline and using patience to gain certainty. The market never lacks volatility; what it lacks is restraint and rules. Slow is fast, and stability leads to longevity.
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