To make money in the crypto world, the key is not about chasing highs or predicting the market, but about discipline and risk management. The approach shared today may sound simple, but it is the core methodology that truly enables steady account growth.

First, let's talk about the three most common pitfalls.

First pitfall: The curse of chasing highs and selling lows. Data shows that 90% of retail investors' losses stem from this. When the price hits a new high, FOMO emotions cause people to buy at high levels subconsciously, often resulting in being trapped at the top. Conversely, the real opportunity appears during bloodbaths in the market—when even opening the app feels risky, it’s actually a sign of value returning.

Second pitfall: Going all-in on a single coin. Betting all your assets on one cryptocurrency is as risky as gambling. Always keep at least 30% cash as flexible funds, so you have the capital to buy the dip in extreme market conditions.

Third pitfall: Full position all-in. This is the most overlooked misconception. In a real market, opportunities always outnumber your capital. Going all-in is like being shackled; you can only watch other opportunities slip away. The secret of top traders is position management—that is the fundamental of risk control.

After understanding risk, let’s look at the market operation rules.

Consolidation periods are often the most common times for liquidation. 80% of rapid liquidations happen during seemingly stable sideways phases because traders tend to open frequent trades out of boredom. During high-level sideways trading, the common tactic of the manipulators is fake breakouts; during low-level consolidation, it hints at larger declines lurking behind. Before a true reversal signal is confirmed, the smartest choice is to stay put.

Reverse thinking in candlestick analysis is very valuable. Don’t rush to cut losses when a large bearish candle closes; this often indicates a bottoming opportunity. Conversely, when a bullish candle pushes higher, it’s time to take profits. This contrarian approach is a common technique among profitable traders.

Features of sharp declines also follow patterns. The slower the decline, the weaker the subsequent rebound tends to be; but if it’s a waterfall-style rapid drop, the rebound is often the strongest. When facing a sharp decline, don’t rush to close your position; instead, prepare to add more.

Finally, a classic accumulation strategy: the pyramid averaging method. After confirming the bottom area, add to your position every 10% drop. This helps lower your average cost and also disperses the risk of entering at a single point.

In short, the ways to make money in the crypto space are really these: risk control, understanding market cycles, contrarian thinking, and position management. These principles may seem old-fashioned, but they are the guarantees for steady account growth.