A Blood and Tears Confession from a Cryptocurrency Trader with 30 Million Yuan: 9 Anti-Human Survival Rules to Help Newbies Avoid 99% of Pitfalls! (Part 2)

Six, The Essential Law of Price Fluctuation: Extremes will Reverse, Prosperity will Decline

The market is like a spring; a slowly rising trend often declines gently, while a rapid surge is usually followed by a waterfall-like drop. I understood this rule after paying hundreds of thousands in tuition: the faster the rise, the harsher the fall. Learning to identify the rhythm of the market is key to avoiding fatal traps.

Seven, The Art of Stop Loss: Cut Losses Decisively, Preserve the Green Mountains

When you misjudge the direction, timely stop loss is the only way out. Holding on stubbornly will only increase losses. In the cryptocurrency space, as long as the principal is still there, there is always a chance. Remember, a stop loss is not a failure; it is to survive better. Those who dare to cut losses decisively often end up laughing in the market.

Eight, Winning Tools for Short-Term Trading: The Golden Code in the 15-Minute Chart

Don't be misled by daily or weekly charts when trading short-term; the 15-minute K-line combined with the KDJ indicator often reveals the short-term trend of the market. Accurately grasping the timing of golden crosses and death crosses is far more reliable than blind trading. These subtle technical signals are important weapons for retail investors in the market.

Nine, The Ultimate Winning Weapon: Mindset Determines Success or Failure

Technology can be learned, and experience can be accumulated, but mindset is the key to determining trading success or failure. I have seen too many technically skilled players lose their composure at the slightest market fluctuation, ultimately returning empty-handed. In the cryptocurrency space, those who can maintain a calm mindset and sleep soundly are the real winners.

The cryptocurrency market has never been a place to test luck; it is a battlefield that tests human nature and wisdom. These experiences may not make you rich overnight, but at least they can help you survive longer and go further in this brutal market. Remember, on the road to wealth, stability is more important than aggression, and staying alive is more important than making money. When you truly understand and practice these rules, you will find that the cryptocurrency space is no longer a battlefield filled with fear, but a stage for achieving financial freedom. Editor shares short-term trading tips in the cryptocurrency space; what knowledge should beginners in cryptocurrency understand? How to control risks in cryptocurrency investment?

As an experienced cryptocurrency investor, I share my experiences and insights. Interested in the cryptocurrency space but not sure where to start? Follow me to see my profile, and I will guide you to achieve freedom in this bull market.