Many people trading cryptocurrencies always look for flashy techniques, but the most profitable methods are often the simplest. Instead of studying a bunch of complex indicators, focus on solidifying your fundamentals—most of the gains are waiting there for you.

First, let's discuss three principles that must be deeply ingrained in your mind; these are non-negotiable bottom lines:

**Not chasing the rally is the first rule.** Don’t follow the herd when others are frantically buying; that’s when you’re most likely to fall into a trap. Price drops are the real opportunity to position yourself; doing so is much more reliable than chasing highs. Greed and fear should be used inversely.

**Never leverage to push orders.** Beginners love to fall into this trap. Once you leverage your position, you lose flexibility and are led by the market. Maintain enough operational space to make the right decisions at critical moments.

**Full position is a big taboo.** Using all your bullets at once will leave you stunned if the market suddenly reverses. Plus, being fully invested means you miss better entry points—such opportunity costs are just too high.

Now, here are six practical short-term mental tips. Memorize these to avoid many pitfalls:

1. When a high or low level consolidates for a long time, a trend reversal is inevitable. Wait until the direction is clear before following; don’t guess blindly based on feelings.

2. Sideways markets test patience the most. Frequent trading will only deplete your capital; staying still is the best choice.

3. Use daily charts for decision-making: start positioning when a bearish candle closes, and look for exit opportunities when a bullish candle closes.

4. The pace of decline determines the strength of the rebound. The sharper the drop and the faster the decline phase, the more intense the rebound will be.

5. When prices fall further, reduce your position size gradually. This helps lower your average cost, so you can profit when the rebound occurs.

6. After a rise or fall, the market usually consolidates sideways. If there are clear signals of a downward reversal at high levels, it’s time to clear your positions. Follow the trend closely.

Stick to this mindset, and the market will naturally present more opportunities for you.