In the crypto world, those who truly make money never rely on clever techniques; instead, they use the seemingly "dumbest" methods—sticking to bottom lines and managing discipline—to survive the longest. The "Three No's and Three Musts" system I’ve validated through practical experience is incredibly simple in logic but can help you avoid the vast majority of traps.

Let's start with the three most common pitfalls.

Chasing highs and selling lows is responsible for 90% of retail investors losing money. When the price surges, everyone rushes in following the trend, only to find themselves trapped at the top once they realize it. The real opportunity to get in? Often hidden during times when the market is quiet and everyone has deleted their apps. Maintain a contrarian mindset: stay calm when the market is lively, and only act when it’s quiet.

Going all-in on a single coin with a reckless bet seems decisive but is actually gambler’s thinking. The result? If that coin drops, your entire fund pool sinks with it. A smarter approach is to always keep 30% cash on hand, so when a sharp decline happens, you can calmly buy the dip and maintain control. The crypto market is full of opportunities—why risk all your chips on one card? Going all-in is like shackling yourself; even when a good entry point appears, you won’t be able to capitalize.

Position management isn’t some high-level theory; it’s fundamental to survival.

For short-term trading, there are six details worth pondering.

During consolidation, the most important thing is to hold back. Fake breakouts often occur during sideways movement at high levels, and bottoming out at low levels can also hint at an upcoming plunge. Don’t act until clear reversal signals appear. This isn’t cowardice; it’s respect for risk. The consolidation zone itself is a minefield—80% of liquidations happen in these stagnant markets. The cost of impatience is losing money—statistics prove it.

Contrarian thinking can sometimes be very effective. Don’t follow the herd’s inertia: during bearish candles, instead of panic selling, consider trying to buy; during bullish candles, don’t be greedy—taking profits when the market is good is often safer.

Timing the pace of a crash is crucial. Slow declines with rebounds are usually weaker; a waterfall-style rapid drop often leads to a strong rebound—this is the best time to position yourself, as your cost basis is lowest. Using the pyramid averaging method—adding to your position after each 10% drop—can not only dilute your average cost but also make it harder for market manipulators to harvest your position.

When a trend reversal occurs, you must liquidate your holdings—this rule is unbreakable. After a sudden surge and sideways movement? Withdraw your principal first. After a sharp decline and sideways movement? Cut your losses and exit decisively. Overconfidence is the biggest killer.

This system relies entirely on discipline, not luck. As long as you stick to these taboos and diligently follow these key points, you can go far in the crypto space. I’ve tested this countless times in real trading—simple yet often overlooked. If you want steady profits rather than overnight riches, this method is enough.