The dumbest way to trade cryptocurrencies is often the most effective, but 90% of people can't hold on until the end.

To be honest, having been in the crypto space for so long, I've seen too many people get liquidated, exit the market, and leave in disgrace. It's not that they're not smart or lacking talent; it's just that they're too impatient and too obsessed, ultimately burning themselves out.

In simple terms, retail investors who suffer the most often fall victim to these three things:

First, chasing after rises.

When the K-line shoots up, they immediately get greedy and jump in, thinking “this wave will soar.”

But as soon as they enter, it crashes down on them.

Strangely enough, when there's a plummet, panic, and a chorus of curses, no one dares to act,

but the ones who truly profit are those who step in to buy the dip at that very moment.

Second, over-leveraging.

Thinking that being right about the direction means they can go all in,

but the big players just give a little shake and drop a couple of pins, and you're taken out.

No matter how solid your logic, once you over-leverage and stubbornly hold on, you're the first to get wiped out.

Third, going all in due to emotional highs.

You think it's faith, but in reality, it's gambling with your life.

Even if you guess the trend right, it doesn't matter if you have no bullets to adjust your position; when the opportunity arises, you can only watch others reap the rewards.

Many people keep losing, and it's not about the market; rather, it's that they keep using their emotions to fight against it.

From my summary over the past few years, the true essence of trading cryptocurrencies is not complex techniques, but a set of methods:

The simpler the principles, the more they're overlooked, but the more they can save your life.

If high-level consolidation isn't over, new highs are often still ahead; if low-level sideways trading is happening, be careful of further lows.

Before a market change, don't make random moves; the more you can endure, the better you'll survive until the next wave.

Stay put during sideways movements; never jump in.

So many people get their positions shaken out and lose their patience due to volatility.

Buy when the daily line closes in the red, sell when it closes in the green.

Act according to the emotions; it’s always more reliable than guessing highs and lows.

Slow declines lead to soft rebounds; sharp declines are what lead to explosive surges.

If the rhythm is off, all logic is wasted; don’t just focus on prices, pay attention to “how it falls.”

Build positions using a pyramid method. Enter in batches, exit in batches, and always leave some bullets.

Always leave yourself a way out to avoid being passive.

After a big rise or fall, there must be a consolidation; after consolidation, there will definitely be a change.

Don’t get caught up at the highs, and don’t act impulsively at the lows. Wait for the signals to come out before deciding your fate.

Open positions daily, continue to profit, and get on board!!!