If you want to survive longer in the crypto world, you need to listen to the real truths about trading.

Early on, I met an old trader who turned 50,000 into 8 million. He summarized it with one sentence: The crypto space never lacks opportunities; what’s lacking are people who can control their emotions. I’ve remembered this for many years, and it has helped me avoid many pitfalls.

Look at the state of most people in the market—completely driven by emotions. When greedy, they have a short-sighted view and can’t see the risks, resulting in chasing high and getting trapped. When fearful, they panic and miss good entry points, or they get shaken out at the bottom.

It was only later that I realized: truly consistent profit-makers rely not on news or intuition, but on solid, hardcore trading strategies. This is a conclusion I’ve verified repeatedly.

Let me share some practical principles. Before entering a trade, plan ahead—never chase just because of a price increase. After a period of consolidation at a low level, a further dip is usually a good buy point. Conversely, if the price consolidates at a high level and then rises again, it’s often a sign of distribution. When making trades, be willing to sell during rapid upward moves, and don’t rush to sell during sharp declines—that’s counterintuitive. During sideways trading, instead of acting impulsively, it’s better to observe calmly. Take opportunities to buy during bearish candles, and sell during bullish candles—that’s the way to make money. Also, the most basic rule: full position trading is a big mistake; setting stop-losses and take-profits is the foundation of survival.

There are several practical trading methodologies. During sideways markets, buy low and sell high, and master support and resistance levels. When a trend breaks, act decisively—hesitation costs money. When the trend is clear, follow the trend; riding the trend is always better than going against it. Key levels are often the focus of capital battles, with higher success rates. After big rises or drops, the market tends to correct, making it easier to trade. During the day, the market tends to be more stable, suitable for conservative strategies; at night, volatility increases, so stay alert.

Ultimately, the crypto space is not short of opportunities. Those who survive are the most patient and composed. Treat trading as a long-term career, and you’ll go further. Those who can stay alive and profit in the market are always the ones willing to bottom fish.

Are you ready to adjust your mindset and refine your strategies?