There is a seemingly foolish yet very practical method for trading cryptocurrencies. If you can ponder it carefully, it can help you retain most of your profits. When trading cryptocurrencies, there are three iron rules to remember:

First, do not follow the crowd and buy when the price is rising. Be brave to take action decisively when everyone is in panic, and maintain restraint when everyone is frantically buying. A falling market is a great opportunity to enter; you must cultivate this investment habit.

Second, never put all your eggs in one basket. Betting all your funds on a single trade is too risky and must be avoided.

Third, avoid full position trading. Once fully invested, you may fall into a passive situation. The market is full of opportunities, and being fully invested means missing out on other good chances, as well as incurring high costs.

Now let's talk about practical tips for short-term trading:

When the price hovers at a high level, there is often room for another push to a new high; when it falls to the bottom and consolidates, it may continue to dip. Therefore, you need to wait for the trend to become clear before taking action.

When the price is stagnant, do not operate blindly; many cryptocurrency traders have lost due to this. Look at the K-line chart; consider buying during bearish candles and selling during bullish candles, this is a simple principle. If the price is gently declining, the rebound will be weak; if it falls sharply, the rebound will be swift. Building a position should be like constructing a pyramid, advancing layer by layer; this is a method for steady profits.

After a certain cryptocurrency has continued to rise and fall, it will inevitably pause. At this time, do not rush to liquidate or fully invest, as its trend will change after a period of adjustment. If it falls back from a high position, take timely losses; if it rises from a low position, follow the trend. In any case, you must be flexible and make timely decisions.

As for future layout directions, I will lead you to explore the lucrative opportunities in altcoins, especially focusing on projects with great potential. Click on my avatar to follow me, and let's move forward together, keeping up with the rhythm!