$BTC Nine Deadly Mistakes Newbies Make in Crypto Trading (with Pitfall Avoidance Guide)
As an Old Player in the Crypto World for Eight Years, I've Experienced Countless Liquidations and Paid Seven Figures in Tuition Fees to Summarize These Bloody Lessons. Today, I Share These Insights Without Reservation, I Suggest You Save First and Read Carefully!
🔥 Major Fund Protection Signal Rules
When the Market Drops Sharply, if Your Coin Only Drops Slightly or Even Sideways, It Indicates that Major Funds are Protecting It. Such Coins Often Have Independent Market Movements Later, So Hold Tight!
📈 5/20 Day Moving Average Strategy
• Short-term Traders Look at the 5-day Line: Hold if the Price Stays Above the 5-day Line, Exit Immediately if it Breaks
• Medium-term Players Look at the 20-day Line: Hold if it Doesn't Break, Exit Immediately if it Does
(Remember: No Matter How Good the Strategy, Not Executing is Equivalent to Zero)
🚀 Main Uptrend Operation Secrets
When You Discover the Coin Price is in a Main Uptrend:
1. No Volume → Get in Quickly
2. Increased Volume Rising → Continue Holding
3. Decreased Volume Drops but Trend Not Broken → Calmly Hold
4. Increased Volume Breaks Trend → Immediately Reduce Position
⏳ Short-term Three-Day Rule
If After Buying, Within Three Days:
• If Not Rising → Consider Changing Positions
• Loss of 5% → Unconditional Stop Loss
(This is the Most Important Discipline to Preserve Capital!)
💥 Strategy for Oversold Rebounds
When a Coin Drops More Than 30% from Its Peak and Continues to Drop for Three Days, a Technical Rebound Often Occurs. At This Time, You Can Take a Small Position to Bet on the Rebound, But Remember to Enter and Exit Quickly!
💰 Survival Rules for Mainstream Coins
• Only Play Mainstream Coins: Crazy When Rising, Stable When Falling
• Don't Be Greedy for Cheap: A Big Drop is Not a Buying Reason
• Don't Fear Heights: A Big Rise is Not a Reason to Sell
(Remember: Buy at High Positions, Sell at Even Higher Positions)
🌪️ Golden Rules of Trend Trading
• Buying High is Not as Good as Buying Right
• Falling Without a Bottom
• Weak Coins Should Be Blocked
(The Trend is the Only Thing You Need to Follow)
🧠 Profit Review Mindset
After Each Profit, Ask Yourself:
• Is This Profit Based on Skill or Luck?
• Can the Trading Logic Be Replicated?
• If You Could Start Over, What Would You Do?
(Establishing a Replicable Trading System is Key)
🛌 The Art of Empty Positions
• Don't Trade on Unclear Markets
• If Uncertain, Stay in Cash and Observe
• Preserving Capital is More Important than Making Money
(There are Always Opportunities in the Crypto World, What Lacks is Patience)
Finally, I'd Like to Share a Phrase: In This Market, Living Long is 10,000 Times More Important than Earning Fast! I Hope These Experiences Help You, Don't Forget to Like and Save~ 🌟
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