The logic of making money in the crypto world is actually very simple, but 99% of people haven't understood it.

Recently, I interacted with a senior who has been in the crypto space for over ten years. He went from a 100,000 yuan principal to a market cap of 50 million yuan. I asked him what his secret was. He gave me a four-character answer: controlling emotions.

It sounds simple, but over the past two years, I've seen too many tragic stories of accounts falling from their highs. Some people lost heavily chasing the trend, some cut their losses at the bottom, and others held their positions stubbornly... The problem is the same—mentality collapse, judgment becomes chaotic.

Here are some practical principles shared by this senior that I think are especially worth remembering:

**The mindset at entry is the most critical.** Don’t rush in just because others are making money. The initial phase of testing the waters is just that—testing. Don’t bet your entire wealth right away. The market won't give you opportunities just because you're anxious.

**Operations at the bottom and top are completely opposite.** When the price is sideways at a low level or hitting new lows, that’s the time to hold a heavy position. When the price surges at a high level, be decisive and exit. It sounds easy, but few people can truly do the opposite of human nature.

**Find patterns within volatility.** High levels are often not the time to rush in all at once, and bottoms are rarely rebound in a single jump. Recognizing the rhythm of selling on the rise and buying on the dip is much more reliable than guessing ups and downs blindly.

**Risk management is the foundation of survival.** Not full positions, staggered entries, setting stop-losses and take-profits—these are not restrictions but a moat. Many people think this is too conservative, but in the end, they lose everything in a market wave.

In short, there are many opportunities in the crypto space, but the mentality can collapse even faster. Keep a steady mind, learn to wait, and in most cases, doing nothing is the best choice.