Why do you always lose when trading cryptocurrencies? Ultimately, most people fail due to improper operations and losing control of their mindset. In fact, these losses could be avoided if you master a few core points and avoid taking unnecessary detours.

**Tip 1: Say no to all-in, stagger your positions for reliability**
If you’re confident about a certain coin, you might want to go all-in at once, but even a slight market fluctuation can scare you to death. This is a big taboo. Staggered buying can significantly reduce risk. Don’t concentrate all your funds at one point; gradually building your position is a safer way to establish a solid foundation.

**Tip 2: Set your stop-loss levels in advance**
Trading is like warfare; knowing when to retreat is more important than stubbornly holding on. Clearly define your stop-loss point. Once the market moves against you, exit decisively. Don’t expect miracles or a rebound; holding on will only increase your losses.

**Tip 3: Don’t follow the crowd, have your own judgment**
Don’t just follow the hype blindly—if everyone says a project is about to skyrocket, you might end up buying at the top. Spend time researching the project’s fundamentals and analyzing market rhythm. Make decisions based on your own judgment to avoid getting caught in the trap of “cutting leeks.”

**Tip 4: Keep your emotions stable; don’t let volatility affect your judgment**
Chasing uptrends and selling on dips based on emotions will always lead to buying high and selling low. Stay rational. Short-term fluctuations are normal. Don’t let emotions hijack your decision-making.

**Tip 5: When the trend is unclear, observing is the best choice**
When the trend isn’t clear, the smartest move is to stay on the sidelines. Blindly trading only increases the chance of losses. Wait until the direction becomes clear before taking action; your win rate will be much higher.

**Tip 6: Only invest spare money, don’t gamble with living expenses**
Markets like BTC and ETH are highly volatile. Only participate with spare funds to keep your mindset stable. If you invest essential living expenses and suffer losses, it will impact your daily life. Losing your composure can lead to critical mistakes.

These are practical experiences accumulated from real trading. Remember these 6 points to help you avoid many pitfalls.