After years of navigating the crypto market, you'll realize that success isn't about luck, but discipline. Those who can survive and thrive in the crypto space often master a few seemingly simple yet frequently overlooked principles. Today, I want to share these years' worth of experience.

**The First Rule When Your Position Is Stuck**
Getting caught in a downturn is normal—who in the crypto world hasn't been trapped a few times? The key is what to do afterward. Many people's first reaction is to desperately try to turn things around, but this often leads to more losses. The correct approach is simple: protect your principal. Gradually add to your position and steadily work to recover. This isn't about giving up; it's about the wisdom to survive in chaos. You can't rush hot tofu, and the same applies in crypto.

**Hidden Risks Beneath Calm Surfaces**
When prices show a small increase, some people start relaxing their vigilance, unaware that this is often the most dangerous signal. Calm in the crypto market is like the calm before a storm—many sharp declines happen under this false sense of security. So, whenever the market shows signs of warming, you should be even more cautious. Don't be blinded by short-term rebounds.

**Technical Traps During Rapid Rises**
Once the price surges, beginners are most likely to chase the high. But they often forget that a correction is inevitable after a big rise—that's the natural law of the market. If you observe candlestick patterns carefully, you'll notice recurring formations like triangles and wedges. Instead of blindly chasing the rally, it's better to wait patiently for a correction and enter at a more reasonable position.

**The Art of Contrarian Trading**
To truly make money in crypto, you must learn to think in reverse. Most retail traders chase highs and cut losses at lows, but smart traders do the opposite—buy during dips and sell during rallies. It may seem counterintuitive, but that's why most people lose money while a few profit.

**Controlling Key Levels**
When prices surge, don't rush to sell everything; take some profits off the table, but keep some positions to aim for higher targets. Similarly, during a plunge, don't rush to buy; lower prices may still be ahead. During sideways consolidation, the best strategy is to observe patiently and let the market make its move.

**Practical Application of Support and Resistance**
Always pay attention to support levels during an uptrend—they determine where your stop-loss should be. During a downtrend, watch resistance levels—they could be good entry points for bottom-fishing. Grasping these key levels helps you stay in sync with the market rhythm.

**The Bottom Line of Position Management**
Full position trading is a taboo for many because crypto volatility is intense. A wrong judgment can wipe you out if you're fully invested. The smarter approach is to build and reduce positions gradually, leaving room for adjustments in case of sudden market changes. Taking profits early is more profitable than holding on and suffering losses.

**The Final Point: Cultivating the Mind Is More Important Than Techniques**
Technical analysis and money management can be learned, but the real enemy is your own emotions. Greed keeps people from exiting at high points, while fear causes them to cut losses at the bottom. If you can stabilize your mindset, everything else becomes easier. Ultimately, trading in crypto is really about trading your own mind.