After spending a long time in the crypto world, you'll realize a cruel truth: most people lose money not because of lack of skills, but because their emotions tear them apart alive.

Everyone can say "buy low, sell high," but few can actually do it. It took me three years and countless free lessons to understand that the core of trading is never about guessing how the next candlestick will move, but about battling the deep-rooted greed, fear, and anxiety in human nature.

**First Iron Rule: Don't Let Emotions Become Your Trader**

When Bitcoin surges 20% in a single day, the comment section on exchanges explodes with people shouting "Go all in." Newcomers are often influenced and rush in with heavy positions to buy the dip. The result? At least eight out of ten times, they get caught at a high.

Conversely, when the price suddenly drops 30%, the discussion is full of despair like "It's really going to zero this time." Ironically, this is often the golden time for patient traders to pick up cheap chips.

I personally have made this mistake when I first entered the market. Chasing high and getting caught, then seeing my account lose money, I panicked and cut my losses. Two weeks later, the price rebounded. That loss taught me that most losses are actually "emotional taxes." When greed and fear take over, we tend to make the worst decisions.

**Second Iron Rule: Always Leave a Backdoor for Yourself**

Going all-in sounds aggressive, but it's actually a gamble with your life. Once you're fully invested, your psychological defense collapses. When the market rises by 2%, you start panicking and making reckless moves; when it drops by 3%, you consider cutting losses. The entire trading process becomes a slave to adrenaline.

My approach is to always keep 30% cash in my account. Does this seem like missing opportunities? No, this is real protection. During the Silicon Valley Bank crisis in March last year, Bitcoin suddenly plunged to around $20,000. Most people had no bullets left, but I held 30% cash, buying in batches at lower prices. When the price rebounded to $30,000, I calmly took profits.

Market opportunities are never truly scarce; what’s scarce is the capital with ammunition to participate. Without cash reserves, even if you see the right trend, you can only watch helplessly.

**Third Iron Rule: Reduce Meaningless Operations**

Here are three small tips that are not advanced but very useful.

First, don’t act when the trend is unclear. For example, Bitcoin consolidates around $15,000. Some rush to buy the dip. But the smarter move is to wait for a volume breakout above key levels or a breakdown below, confirming the trend before acting. Patience determines whether you can earn your rightful share of money.

Second, during sideways periods, trade as little as possible. Many ignore the power of transaction fees. Do the math: if you trade 20 times a month with a fee of 0.1%, the monthly fee loss is 2%. Plus, frequent trading causes high buy-sell spreads, gradually eroding your principal without you noticing.

Third, on daily charts, big down days are buy signals, big up days are sell signals. When a daily candle closes with a drop of over 10%, it indicates panic selling has been released, and you can buy in batches at lower prices. Conversely, when a large bullish candle appears, it’s often a good time to take profits.

**Conclusion: Stability is the Only Secret to Making Money**

In the crypto market, surviving longer is a hundred times more important than rushing to get rich quickly. Skilled traders are everywhere, but those who can survive in this market are very few. Those who stay alive develop an instinct: resist greed when prices rise, control fear when prices fall.

These methods don’t seem complicated at all, but most people can’t execute them. I don’t chase the thrill of overnight riches; I only believe in a simple principle: stay calm, and time will give you the answer.