3 Golden Rules for Short-Term Crypto Trading
1. Lock in profits — If your coin pumps over 10%, monitor closely. If it retraces to your entry, exit without hesitation. At 20% profit, don’t sell unless it drops below 10% or hits a temp top. At 30%, secure at least 15% gains. Ride the trend, but protect your capital.
2. Cut losses fast — Down 15%? Sell immediately. Don’t hold and hope. If it rebounds later, no regrets — the timing was off, and you paid for the lesson. Always set a stop-loss before entering any position.
3. Buy back smarter — If a coin you sold drops and you still believe in it, buy the same amount again to reduce cost. If it rebounds fast and nears your sell price, don’t wait — rebuy and stay in the game. Combine this with stop-loss to minimize risk and adapt quickly.
Stay sharp, stay disciplined. That’s how you grow in this game.