Many people always lose money when trading cryptocurrencies, but actually they just haven't understood the underlying logic of trading. I’ve summarized my experience over the past few years and found that those who make money all follow the same routine.
The first key is to stick to three bottom lines. Never chase the high or sell in a panic—when others are crazy, you need to hold back; when others are panicking, you should take action. Making it normal to seize opportunities during dips. Never press all-in; this is a fatal mistake. Once you're caught in a position, you'll be passive and it's hard to turn around. Never go all-in; the market offers many opportunities. Being fully invested means missing out on better opportunities, and the opportunity cost is too high.
Next are six core trading techniques. After a high-level consolidation, prices often hit new highs; after a low-level consolidation, new lows are common. The key is to hold back and wait until the trend clearly changes before acting. During sideways trading, avoid operations—most people's losses come from this stage.
When the daily candle closes bearish, prepare to position; when it closes bullish, reduce holdings. If a decline slows down and rebounds, the rebound will be weak; if the decline accelerates, the rebound can be very fierce. Use a pyramid approach for building positions; entering in batches is a fundamental rule of investing. After a round of rise and fall, the price will enter consolidation. During this phase, don’t clear all at high levels or fill in at low levels. After a breakout from consolidation, observe the direction; if it breaks downward, exit promptly.
In short, it’s about disciplined daily operations, ensuring steady profits month after month. Someone might ask, should I learn from professionals? I think, exploring on your own takes too much time. Having guidance can definitely help avoid many detours, but ultimately, you need to understand this logic yourself to truly achieve stable profits. The trading strategies for mainstream coins like BTC, ETH, and SOL are actually universal.
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BTCWaveRider
· 14h ago
Oh no, it's this set of theories again... They sound quite right, but implementing them is difficult for everyone.
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GasWhisperer
· 01-07 13:43
ngl the mempool patterns during sideways consolidation hit different than what most traders track... watching gwei waves while everyone stares at candles is like seeing the matrix code
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ForkPrince
· 01-06 14:54
Another cliché of "I made money, why did you lose"—three bottom lines and six tricks, explained as if it were stock trading, haha.
I agree with not acting during sideways trading, but when the opportunity truly comes, whether you dare to take action is a different matter altogether.
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Hash_Bandit
· 01-06 14:52
ngl, this reads like every mining pool operator's playbook from 2017... pyramid building your position is solid, but the "monthly steady gains" part? that's where it gets shaky fr
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GhostWalletSleuth
· 01-06 14:38
Sounds good in theory, but how many actually implement this? I've seen many who talk a good game, but when the market hits, they start making chaotic moves.
Many people always lose money when trading cryptocurrencies, but actually they just haven't understood the underlying logic of trading. I’ve summarized my experience over the past few years and found that those who make money all follow the same routine.
The first key is to stick to three bottom lines. Never chase the high or sell in a panic—when others are crazy, you need to hold back; when others are panicking, you should take action. Making it normal to seize opportunities during dips. Never press all-in; this is a fatal mistake. Once you're caught in a position, you'll be passive and it's hard to turn around. Never go all-in; the market offers many opportunities. Being fully invested means missing out on better opportunities, and the opportunity cost is too high.
Next are six core trading techniques. After a high-level consolidation, prices often hit new highs; after a low-level consolidation, new lows are common. The key is to hold back and wait until the trend clearly changes before acting. During sideways trading, avoid operations—most people's losses come from this stage.
When the daily candle closes bearish, prepare to position; when it closes bullish, reduce holdings. If a decline slows down and rebounds, the rebound will be weak; if the decline accelerates, the rebound can be very fierce. Use a pyramid approach for building positions; entering in batches is a fundamental rule of investing. After a round of rise and fall, the price will enter consolidation. During this phase, don’t clear all at high levels or fill in at low levels. After a breakout from consolidation, observe the direction; if it breaks downward, exit promptly.
In short, it’s about disciplined daily operations, ensuring steady profits month after month. Someone might ask, should I learn from professionals? I think, exploring on your own takes too much time. Having guidance can definitely help avoid many detours, but ultimately, you need to understand this logic yourself to truly achieve stable profits. The trading strategies for mainstream coins like BTC, ETH, and SOL are actually universal.