Always keep the following points in mind, and you will navigate the crypto space with ease!

1. Averaging down is not for making big profits, but for reducing losses. If you are stuck, don’t think about making back your money through rebounds; that’s asking for trouble. The purpose of averaging down is to minimize losses; don’t let temporary setbacks cloud your judgment.

2. Calm markets often hide big fluctuations, so don’t be deceived by short-term stability. The market is unpredictable, and one day it may change dramatically. Remember, after a big rise, there will surely be a correction. Be cautious when K-lines form triangles; if it has risen too much, a correction is likely, so be careful not to get stuck at a high position.

3. Timing the buy and sell is crucial; remember to buy on down days and sell on up days. Be brave to buy when others are panicking, and be decisive to sell when others are euphoric. Experts operate against the market trends. Don’t sell when prices are high, and don’t buy when they are crashing; absolutely do not act during sideways movements. Pay attention to resistance levels in bullish trends and support levels in bearish trends, so you don’t panic.

4. Being fully invested is a big taboo; flexibility is key. The cryptocurrency market is unpredictable, and position management is the way to go; being adaptable is crucial.

5. Mindset is very important; greed and fear are the greatest enemies. Chasing rises and selling during dips will only lead to greater losses. Maintaining a calm mindset will allow you to stand firm in the market.