I've seen too many people stumble in the crypto space, and one guy I know is a textbook example.

He always thinks he can read the charts—rushes in when the price goes up a bit, and panics to sell everything after a couple of drops. After all this back and forth, his account balance looks worse and worse, and he gets more and more anxious. At his lowest point, he asked me what to do.

I didn’t recommend any indicators or strategies to him; I just told him something straightforward:
"Buy when you’re supposed to buy, sell when you’re supposed to sell, and don’t mess around if there’s no signal."

Sounds like nonsense? But that’s actually the hardest rule to stick to in trading.

Most people lose money not because they can’t predict the market, but because they can’t control themselves. When they see prices rise, they want to chase; when they see prices fall, they want to run. The whole process is driven entirely by emotion. Frankly, that’s not trading—it’s gambling.

But sticking to this rule has a prerequisite—you need to figure out your own entry and exit points first.

No matter how good someone else’s trading system is, everyone’s risk tolerance, capital size, and personal habits are different. Copying someone else’s approach will most likely backfire. You have to build a set of rules tailored to your own situation.

Once you have rules, you won’t be thrown off by every market fluctuation. You won’t get cocky when prices rise, or panic when they fall. You just follow your plan step by step.

With the way the market is now—wild swings all the time—people without rules feel like gods when it’s up, and like the sky is falling when it’s down. Their emotions are on a roller coaster, and so is their account.

The ones who really survive aren’t the ones who guess price moves right—they’re the ones with discipline.

Once your rules are set, all that’s left is to stick to them relentlessly. The market won’t stop just because you’re panicking, but you can control yourself and avoid reckless moves.