Tips for Surviving in Crypto: Understand the Right Buy – Sell Points, Escape the "Fish" Trap

Binh Ca Sincerely Shares: To Stay Long-Term, You Must Trade with Discipline Brothers and sisters, the crypto market is not short of people jumping in with dreams of quick wealth, but leaving silently after losses. Many friends see others bragging about profits and jump right in, thinking they have a “gifted” talent, thinking a few trading rounds make them a master. The usual result: getting whipped, cutting the bottom, and yet not seeing any money while their psychology “explodes.” A simple-sounding phrase but the backbone of many: “Buy at the point of support, sell at the point of resistance.” Easy to hear, hard to do. But if you don’t grasp these six words, you are very likely to become “bait” for the market.

  1. What Are Buy and Sell Points? Why Are They Important? Simply put: don’t enter a trade without clear signals. Trading is not about emotions. Each “hands faster than the brain” move often costs real money. A buy point is where the probability favors you (price consolidates, breaks resistance with volume, or reaches a strong support zone). A sell point is where you need to take profit or cut losses according to plan (approaching resistance, weakening momentum, or breaching risk thresholds). Think of buy – sell points like traffic lights: Green light: conditions met → enter the trade.Red light: rule violation → stop.No light: stand by and wait. In crypto, volatility can be many times greater than traditional markets. Without “lights,” you are very likely to buy at the top and sell at the bottom.
  2. Why Do You Need Your Own Buy – Sell Points? Everyone has: Different risk appetite (can tolerate 10% or 30% volatility?),Different timeframes (scalping or medium – long-term?),Different capital sources (idle cash or savings?). Therefore, don’t blindly copy others’ strategies. What works for them may not work for you. Build your own system based on: Personality (impatient or patient),Profit goals,Maximum acceptable loss,Indicators or fundamental criteria you trust. For example, a simple system: Buy when the price breaks the nearest high with increased volume,Stop loss when closing below the 30-day moving average,Take partial profits near major resistance. The key is not “divine,” but consistency.
  3. Having Rules and Discipline Is Life Rules without discipline are just… paper. The market can surge today, and plunge deeply tomorrow. Without discipline, you will: See a rise and FOMO,See a fall and panic,Spin in emotions all day. Long-term survivors are those who: Don’t enter trades without conditions,Don’t regret missing opportunities outside their system,Don’t panic when prices go against them but haven’t hit stop-loss. Maintain your “circle of competence”: only do what you understand well.
  4. How to Avoid Emotional Traps? Make rules concrete to avoid ambiguity: “Stop loss if MA30 is broken.”“Increase position if breaking high with volume.”“Risk no more than 1–2% of your account per trade.” Keep a trading journal: Why did you enter?Based on which signal?How did you feel at that moment?What was the outcome? Looking back, you will clearly see when you followed your system and when emotions took over. Avoid following the crowd: Others brag about profits but don’t mention losses. Entering trades without signals just because “it’s about to fly” — that’s bait mentality.
  5. The Truth from Binh Ca The trading path is not paved with roses. To improve, don’t guess the market. Instead: Build a buy – sell point system,Set clear risk management,Enforce strict discipline. Macroeconomic policies, liquidity, news can change, but core trading principles do not. Those with clear entry – exit points and discipline have the chance to survive long-term. Crypto is not short of “flash stars,” only lacking “long-term players.” Do you want to be a fleeting spark or a long-distance traveler? Remember: When you have a buy point, buy; when you have a sell point, sell. Maintaining discipline will bring profits. Safety note: Crypto is highly volatile and carries high risks. Only use idle funds, avoid borrowing to invest. Study thoroughly, manage risks tightly, and always respect stop-loss.
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