Many people rely on trading cryptocurrencies to make a living, but only a few can achieve stable profits. Most fall into the same traps—entering too early without confirmation signals, or being greedy and holding on too long, ultimately getting trapped.

I’ve also fallen into these pitfalls. When I first entered the crypto world, I couldn’t sit still watching the market fluctuations, rushing in without clear signals, repeatedly getting caught, and paying a lot of tuition fees. After several market cycles, I gradually developed a methodology that turned trading from "gambling" into a systematic activity. If you also want to make steady money in the crypto space, these points must be remembered:

**Entry timing is crucial.** Don’t try to catch the bottom when a strong coin drops for 9 consecutive days from a high. Similarly, if a coin rises for 2 days, consider reducing your position by half—don’t wait until it fully retraces and regret it. The profits in your pocket are what count. For daily gains exceeding 7%, stay calm and observe the next day—don’t chase the high. Confirmed pullbacks in major coins are the real opportunities to get in.

**Sideways trading is a death trap.** If the price moves sideways for 3 days with no change, be patient and wait another 3 days. If there’s still no sign of movement, decisively switch positions. Don’t waste funds and mental energy in a market without direction. Stop-losses must be strict: if the price hasn’t recovered the next day after buying, exit without hesitation. Sticking to a losing position only turns small losses into bigger ones.

**Master the market rhythm.** After two days of consecutive gains, the third day is usually a good time for low-entry positions. By the fifth day, consider taking profits. Volume-price relationship is the key signal: a volume breakout at low levels is a buy signal; high volume without price increase indicates a need to clear positions—this is a sign that the main players are harvesting.

**Trend is king.** Only trade coins in an upward trend. Use the 3-day moving average to catch short-term opportunities, the 30-day for medium-term trends, and when the 80-day shows clear signals, you can take a heavy position to ride the upward wave. The 120-day helps determine the overall bull or bear market direction. Avoid coins that deviate from these trends, no matter how tempting they seem.

For small funds aiming to outperform the market, luck is never enough. Discipline, stable mindset, and replicable strategies are essential. These 10 rules may seem simple, but they can help you avoid 99% of common traps in the crypto space. Remember three words: No Greed, No Panic, No FOMO—that’s all you need.