I have a friend from Zhejiang. Eight years ago, he invested 100,000 yuan to enter the market, and now his account value has surpassed 30 million. Once during a chat, he only left me with one sentence: Most people in the crypto world are a rabble; those who truly make money are those who can control their emotions.

This statement sounds simple, but it took me three years to truly understand it. I gradually realized that many people lose money not because they lack information or are unlucky, but because they are completely led by market fluctuations. Greedy during rapid rises, panicked during drops, ultimately exhausting their principal amid repeated emotional swings. The ones who survive longer share a common trait—calmness and patience.

Later, he taught me several practical trading principles, saying they are built on blood and tears, and I am now using them too:

**Rule 1: Never rush into the market**

Many people jump in expecting to get rich quickly; this mindset is the easiest to get wiped out. My approach now is to start with small amounts to test the waters, feel the market rhythm, and then add positions based on the situation. I never go all-in at once, even if I am very optimistic, I leave room for adjustments. Surviving is the most important thing; opportunities will always be there.

**Rule 2: Sideways movement is the best trading opportunity**

Sideways trading sounds boring, but it’s actually the most stable profit phase. The key is to watch support and resistance levels. When the price consolidates at low levels, gradually buy in; when at high levels, gradually reduce positions. Many dislike choppy markets, but that’s because they don’t know how to utilize them.

**Rule 3: The more violent the fluctuation, the more you should give up**

When a coin surges sharply, many rush in to chase, ending up buying high. When it plunges, they panic and sell overnight. That’s why most people lose money. My method is to sell at the high, buy at the dip, and wait during sideways moves—completely going against human nature.

**Rule 4: Do the opposite of others**

When others are greedy, you should be cautious; when others are fearful, stay steady. In practice, this means buying only when you see a bearish candle, selling only when you see a bullish candle, never chasing highs or selling lows. It sounds counterintuitive, but once you implement it, you realize it’s the most effective approach.

**Rule 5: Risk control always comes first**

I never go all-in; I always enter in stages. If I lose, I accept the loss; if I win, I take profits at the right time. There are no shortages of opportunities in the crypto world; what’s truly scarce are those who can keep sitting at the table. Many people lose their chance after a single all-in bet.

Looking back, these principles sound quite simple, but those who truly survive in the market are doing exactly that.