In the cryptocurrency market, have you ever wondered why some people can turn tens of thousands into hundreds of times more, while most watch their accounts shrink day by day?

The difference is actually simple—those who make big money rely on cognition and discipline, stepping carefully at every move. And most people? They follow the crowd, chase highs and sell lows, relying solely on gut feelings and reckless actions.

I’ve met an investor who has been active in the crypto space for years. He entered with 30,000 yuan, and now his market value exceeds 25 million. He said something that left a deep impression on me: The crypto world is essentially a game of the masses; as long as you control your emotions, this market becomes a cash machine.

To survive in the crypto space, relying on luck? Relying on skills? That’s not enough. The most crucial thing is whether you can control your emotions. A good mindset and a solid strategy usually open the way in the market. Here are some practical principles summarized from experienced traders:

**1. Don’t rush into the market**
Many people want to make big money immediately, but investing isn’t a sprint. Steady entry is the key—test the waters first, then invest more. Don’t rush in just because of a hot trend.

**2. Range-bound trading is an opportunity**
When the market consolidates and fluctuates sideways, it’s the best time to buy and sell. Accumulate at lows during sideways ranges, and sell decisively when prices peak. Identify support and resistance levels to profit steadily amid volatility.

**3. React quickly to volatility**
Sell on rallies, buy on dips, and observe during sideways movements. Catch rebounds and corrections, and you’ll stay on the winning side.

**4. Timing is everything—know when to buy and sell**
Be cautious when others are greedy, and be brave when others are fearful. Buying during bearish candles and selling during bullish candles isn’t magic—it’s probability.

**5. Risk control is the most important**
Never operate with full position; learn to stagger your entries. Cut losses when needed, and take profits when you’re ahead. The crypto market is highly volatile—preserving your capital is the top priority.

These principles may seem simple, but behind them are countless lessons learned through blood and tears in the market. Master these, and the crypto world ceases to be a casino, becoming a true investment arena.