There is a dumb yet effective way to trade cryptocurrencies that can help you steadily capture most of the profits. Remember, surviving in the crypto world is more important than getting rich quickly. First, adhere to these three iron rules:
Don't follow the FOMO sentiment. When everyone is frantically chasing the price up, you should learn to gradually accumulate when the price drops. Those shouting "this time is different" are often the prelude to being harvested.
Don't believe in a "sure win" strategy. The market specializes in various forms of defiance; even the most perfect strategy can be pierced by a sudden price movement. Always leave some room, just like an old hunter who never shoots all his bullets.
Your position is like your breathing rhythm. Being fully invested is like holding your breath underwater; watching the profit numbers fluctuate can be thrilling, but any adverse movement can suffocate you. Remember, the most brutal truth in the crypto world is: opportunities are always there, but your capital may not be.
Six bloody and tearful maxims for short-term trading:
1. Sideways movement is the calm before the storm. A sideways period after a new high may lead to another spike, while a sideways period after a new low may lead to further declines. Don't rush to be a prophet; wait for the market to choose its direction.
2. 90% of losses stem from itchy hands. Those who frequently trade during sideways periods are like dancing on a minefield. #加密市场反弹
3. Gradually build positions during bearish candles and quietly unload during bullish candles. This counterintuitive action is the essential difference between harvesting and being harvested.
4. The rhythm of decline determines the strength of the rebound. A slow decline corresponds to a gradual drop, while a sharp decline often comes with a violent rebound, just like the harder a spring is compressed, the higher it bounces.
5. Building positions should be like stacking a pyramid. The base should always be the thickest; the higher the price rises, the more you should restrain your urge to add to your position. This is the life-saving rule that allows you to survive until the next bull market in the crypto world.
6. After sharp rises and falls, there will always be a sideways movement. Don't bet on direction during volatile markets, and don't believe the nonsense that "this time will break the previous high/new low." Real turning points never give advance notice.
In this market that amplifies human greed and fear tenfold, sometimes slow is fast, and dumb is smart. If you can't find direction in the maze of candlesticks, perhaps it's time to change your perspective on the market—follow "Analyst Knife Brother," and together we will harvest the emotional market with a clear mind in the bull market of 2025.
