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Screenshots of contract liquidations are always flooding social media platforms, and the sentiment of "buying always leads to a drop, selling always leads to a rise" is never absent. But upon closer inspection of these cases, the problem is often not the market itself, but the mentality—too many people try to get rich overnight through frequent trading, only to be cut by their own greed time and time again.
I have observed a phenomenon: the traders who have been in the crypto space the longest are actually the "laziest" ones. They don't stay up every night watching the charts, nor do they try to master every wave; instead, they follow a relatively dull but effective framework.
**First Principle: Follow the trend, don't bet on reversals**
Many people's fatal mistake is wasting energy on "guessing" the highs and lows. In reality, the real opportunities to make money often come from orderly tracking after a trend has formed. When the direction is unclear, stay put; once the overall trend is clear, allocate positions accordingly.
Take Bitcoin as an example. During the rally from the bottom last year, the smart move was not to chase the high immediately, but to wait for key levels (such as stabilizing at a certain psychological price) and then build positions gradually. This approach might miss some early gains, but it also avoids the risk of chasing highs in the middle of a rally. In the long run, this "discipline" approach actually yields more stable returns.
**Second Principle: Only allocate to proven mainstream coins**
The appeal of new concept coins and small-cap tokens is undeniable—heavy promotion and high promised gains. But in reality, project teams often disappear faster than the coin price rises. In comparison, assets like BTC, ETH, and SOL, which have gone through multiple bull and bear cycles, are obviously much safer.
A strategy to consider is: only consider building positions when mainstream coins experience significant retracements (approaching historical lows). For example, ADA hovered around $0.2 for a long time last year. Many investors regularly invested small amounts at that price, and later, during the bull market, it surged to $3, yielding substantial returns. This "stick to small investments at lows" approach is much more realistic than hoping to catch the bottom in a single shot.
In summary: the market is never short of opportunities; what’s lacking is patience to protect your principal and self-discipline to follow the rules.