Many people have been in the cryptocurrency space for years, only to quietly leave in the end, not because they missed the bull market, but because they fell victim to the most basic mistakes.

I always feel that the dumbest way to trade cryptocurrencies is often the most effective. But this path is too slow and too tedious, and the vast majority of people cannot persist.

Because they always fall into these three major "common issues":

First, chasing the market and panic selling. As soon as they see a coin rise, they rush in, fantasizing that it will keep soaring, only to buy at a high point, panic when it drops, and miss the rebound. Those who can get used to buying during declines and selling at peaks are the ones who truly benefit from the market cycles.

Second, heavily betting on direction. The direction is right, but they get washed out after a few shakes from the main players, not because of incorrect judgment, but because they couldn't hold on.

Third, emotional all-in. When excited, they go all in, losing flexibility in adjusting their positions. Even if they see the right opportunity, they can't move their funds and can only watch anxiously as the chance slips away.

In the end, in the cryptocurrency space, it’s never the market that loses, but the habits.

I have summarized a set of six principles for short-term trading, the reasoning is simple, yet easily overlooked:

1. High position consolidation is not over; new highs are often still ahead; low position fluctuations are hard to stop and easily probe lower. Don't act until the trend changes.

2. Do not enter when the market is sideways. Most people die in the fluctuations.

3. Buy when the daily line closes bearish, sell when it closes bullish. Following market sentiment is better than subjective judgment.

4. Slow declines are hard to bounce back, but sharp declines are easy to rebound. Only by seeing the rhythm can one seize opportunities.

5. Build positions like a pyramid, enter in batches, and always leave some bullets.

6. After big rises and falls, there will definitely be fluctuations, and after fluctuations, there will definitely be a trend change. Don't bet in extreme positions; wait for signals to act.

The market is not short of opportunities, but it lacks those who can endure, wait, and survive.

What you think of as skill is actually the ultimate use of the "dumb method." #eht #加密市场回调