Everyone in the crypto world understands that the most straightforward strategies often yield the best profits. Some trading methods may seem insignificant, but they can reliably lock in most of the gains. Beginners tend to seek quick profits; in reality, they should first master the basic logic and avoid reckless operations.

Let's start with the three major taboos in trading cryptocurrencies—once you step into these pitfalls, it's very hard to get back up.

The first taboo is chasing the rally. The core logic is simple: when others are panicking, you should remain greedy; when others are greedy, you should learn to panic. Develop the habit of positioning during declines; this is far safer than buying at the top.

The second taboo is placing large orders to push the price. Once you do that, you lose control of the initiative. The market changes rapidly, and it's easy to be caught off guard. At that point, you can only be passively hit.

The third taboo is full position. Operating with a full position is like being tied up—you're always in a passive state, and you may miss better opportunities later. The market never lacks opportunities; what it lacks is the patience to keep enough capital on hand. The opportunity cost of being fully invested is extremely high.

After understanding these taboos, let's look at six practical trading rules.

**Rule 1**: Consolidation at high levels often ends with a breakout to new highs, while consolidation at low levels tends to touch new lows. Don't rush to buy the dip or chase the top; wait until the trend direction is clear before acting. This way, you can profit steadily without getting caught off guard.

**Rule 2**: The most common time to lose money is during sideways trading. Many people's accounts are worn down this way—oscillating back and forth during consolidation, blindly operating only to repeatedly cut losses. Instead of wasting time here, wait for clear trend signals.

**Rule 3**: Be selective with candlestick patterns. Build positions on daily red candles and reduce on daily green candles. Follow the trend naturally to avoid many detours.

**Rule 4**: Rebounds during slowing declines are usually slow, while rebounds during accelerating declines can be fierce. Understanding this rhythm allows for more accurate timing.

**Rule 5**: Use the pyramid strategy for building positions. This is a fundamental skill in value investing—buy more as prices fall, gradually lowering the average cost. When prices rise, profits are maximized.

**Rule 6**: The rise and fall of a coin often end with sideways consolidation. You don't need to sell all at high levels, nor do you need to buy everything at low levels. The key is to wait for a trend reversal signal. Once the high level turns downward, decisively clear your positions. Timely take-profit and stop-loss are always the golden rules of trading.

These rules sound simple, but executing them requires discipline and patience. Many people's confusion stems from knowing what to do but being unable to act accordingly.