Trading cryptocurrencies must rely on systematic principles, not on emotions and feelings; otherwise, when prices rise, you will fantasize that they will continue to rise, making it hard to reduce your position or sell. When prices retrace and fall, you will imagine they will keep falling or fantasize that the market has ended, making you hesitant to add to your position at the retracement point. This leads to short-term greed, and while trading short-term, it can inadvertently turn into a long-term swing, ultimately causing chaos.

You must eliminate emotional responses, rely on systematic principles, and adhere to discipline to restrain yourself. The purpose of trading should be clear: short-term, swing trading, strictly controlling the ratio of adding and reducing positions. This way, trading will be as effortless as a fish in water. In contrast, those who are anxious about gains and losses, greedy and regretful, will end up with nothing.

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