After years of navigating the crypto world, I’ve found that those who survive long-term follow a set of strict rules. It’s not about advanced techniques, but rather those seemingly simple survival principles that are the easiest to overlook. Take cryptocurrencies like GRT with obvious volatility as an example; they better validate these rules.

First, distinguish between averaging down and gambling. The true purpose of averaging down is to adjust your position structure; after doing so, you should feel more at ease. If you feel more anxious the more you buy, you’re actually self-destructing.

The market is most dangerous when it’s quiet. Both crashes and surges don’t happen suddenly; they are brewed during seemingly calm periods. Rapid surges also have cycles—an overly aggressive rally is like a car flooring the accelerator; you’ll inevitably need to hit the brakes.

Emotional management is often more critical than technical analysis. Stay calm when others are frantic, have courage when others are panicking—contrarian thinking is often the right direction. Consolidation periods test patience, but the moves that break out of sideways trading are usually the most intense. Those who can withstand sideways markets have already eliminated half of the players.

Range-bound oscillation and trend formation are two different things; confusing them messes up your entire trading logic. The biggest mistake is chasing small fluctuations as if they were big trends. Always keep sufficient flexible capital; full positions are never about courage, but about testing the edge of ignorance.

In essence, the market changes daily, but human greed and fear never do. The secret of successful traders isn’t about how accurate their predictions are, but about maintaining emotional stability, strong execution, and knowing when to let go. Those who can persist in this circle are the ones with disciplined minds and steady mentalities.