After spending so much time in the crypto world, I've seen too many myths of getting rich overnight and countless liquidation tragedies. What's the difference? To put it simply, it's four words: cognition and discipline.

There is a senior trader I know personally, who started with only 30,000 yuan and now his assets have skyrocketed to 25 million. He shared a perspective that left a deep impression on me—this market, at its core, is a carnival of the mob. Whoever can control their emotional fluctuations holds the key to the cash machine. The rises and falls of @STO@, the volatility of @AXS@, are essentially tests of participants' mental states.

Surviving in the crypto space, luck and skill are not the decisive factors; the real dividing line is emotional management. When your mindset is stable and your strategy is correct, the market will basically work for you. The following methodologies are all distilled from practical experience:

**First, don’t try to turn the market upside down right away.** Many newcomers want to make big money on their first trade, but this is not a sprint. Steady testing is the right approach—start with small amounts, understand the market rhythm, then increase your position. Those who seek quick gains are most likely to miss opportunities or get caught.

**Second, sideways consolidation is actually a golden opportunity.** Choppy markets may seem boring, but they are actually the easiest phase to profit from. When prices are consolidating at low levels, decisively add to your positions for a bottom; when they consolidate at high levels and break out, immediately take profits. Master support and resistance levels to harvest steadily amid volatility.

**Third, react quickly when the trend changes.** Sell during a strong rally, buy during a plunge, and be patient during sideways movement. Rebounds and pullbacks are your opportunities to enter—just don’t let emotions dictate your pace.

**Fourth, buy and sell at opposite times.** When others are greedy, you should be fearful; when others are fearful, you should act. A sharp decline in the morning is a signal to buy; a big rally in the morning is a cue to cash out. Don’t be greedy.

**Fifth, always leave yourself an exit route.** Full position, heavy position, stubbornly holding—these are the fastest ways to lose in the crypto world. Build positions gradually, cut losses in time, and actively take profits and exit. Staying rational at every step is the key to long-term survival in this market.

These principles may seem simple, but behind them are lessons learned from countless blood, sweat, and tears trading. Learning to wait, learning to restrain yourself—opportunities in the crypto space are never lacking; what’s missing is the calm and patient mindset.