In the crypto circle, this market is truly a tale of two extremes. Under the same market conditions, some accounts double in value while others struggle in a quagmire of losses.

I know a seasoned crypto player who invested 100,000 yuan and now has accumulated over 50 million. During a conversation, he said something that enlightened me—crypto is essentially a game of the masses, and those who make money usually do one thing: control their emotions.

Thinking carefully, surviving in the crypto market relies not on luck or technical indicators, but more importantly on mindset. A stable mindset and clear strategy turn the market into your cash machine. Today, I want to share some practical rules I learned from him, hoping to help you avoid pitfalls.

**Step 1: Don’t Be Greedy When Entering**
Many people want to make big money immediately after entering the market. This mindset is correct, but the execution is wrong. Crypto is not a sprint; steady positioning is more reliable. Those who rush into trending hot spots often get caught the deepest. Testing the waters and cautious deployment are fundamental skills.

**Step 2: Consolidation Is the Golden Period**
Market oscillations and sideways movements? Don’t get anxious. This is actually the easiest time to profit. When prices repeatedly hit new lows at low levels, it’s a signal to heavily buy the dip; when prices repeatedly surge high and then plunge, it’s time to decisively sell. Identify support and resistance levels, and steadily harvest profits during oscillations—very easy.

**Step 3: Be Flexible Amid Fluctuations**
Market surges? Exit quickly. Prices plunge? Enter swiftly. During sideways phases, patience is key—wait for the right rebound or pullback points before acting. Only then can you stay on the winning side.

**Step 4: Timing Is Crucial for Buying and Selling**
Be cautious when others are greedy; act when others are fearful. Buying low and selling high sounds simple, but it requires discipline—buy during major dips, sell during big surges. Avoid blindly chasing rallies or panic selling; such operations are a no-go.

**Step 5: Risk Control Is Your Moat**
Risks are everywhere in crypto; full position trading is basically suicide. Staggered entries, stop-loss settings, and timely exits—these seemingly basic practices are actually the bottom line for survival. Always stay alert and calm, and keep a clear head.

These principles seem simple, but behind them are countless traders’ blood and tears lessons. Learning to wait and restrain yourself, the opportunities in the crypto market are always there—it's just up to you whether you can seize them.