Successful cryptocurrency traders usually do the following:

1. Develop a trading system:

They will focus on a trading mode, pattern or technique and have their own trading system.

2. Patiently wait for signals:

They will patiently wait for clear entry and exit signals before operating, and keep empty positions most of the time, and will not operate at will.

3. Fund management:

They rarely operate with full positions, and will only do so when there is high certainty.

4. Risk control:

They know how to control risks and avoid participating in markets with deep retracements.

5. Develop response strategies:

After each entry, they will develop two response strategies: one is the response measures when the currency price rises, and the other is the response measures when the currency price falls. They do not rely on fantasy or prediction, but strictly follow the plan.