Three tricks to find coins
◦ Hold on tight when the golden cross occurs: Focus on coins where the yellow line (fast line) crosses above the blue line (slow line) in the daily chart, especially when the yellow line crosses above the zero axis; these coins have an 80% chance of continuing to rise! Crosses below the zero axis are mostly traps, and nine out of ten are false breakouts.
◦ Practical example: A certain mainstream coin rose by 50% within a month after this golden cross appeared last year, earning twice as much as the market! Remember: Good opportunities are always waited for; don't get dazzled by short-term fluctuations.Moving averages are lifelines.
◦ Add to positions when the price holds above the 20-day line, and liquidate when it falls below! This line is the dividing line between bulls and bears, like a trench in battle; if the main force retreats, we shouldn't stubbornly hold on! Last year, a guy stubbornly held a coin that broke below the 20-day line, and in the end, he had to cut losses at half price.Positioning needs calculation.
◦ What to do when a big opportunity arises? When the price breaks through a resistance level and the trading volume doubles compared to usual, that's when you can go all in! Normally, keep half your bullets for gradual entry.
◦ Be ruthless with profit-taking: Sell one-third after a 40% gain, then sell another third after another 40% gain, and let the remaining position wait for a double. But run faster than a rabbit if it falls below the 20-day line!Loss-cutting must be a hard rule.
◦ Run when the line breaks, don’t hesitate! Last year, a novice stubbornly held after the price broke, resulting in a 60% drop in two weeks. Remember: The market never offers regret medicine; protecting your principal is the hard truth!
Three deadly traps you must avoid.
Don't be a bag holder: When the coin price continuously rises, don't rush to chase; wait for it to correct near the moving average before acting. Last year, a coin rose seven consecutive times, and those who chased it all got trapped at the peak.
Don't put all your eggs in one basket: Allocate at least 3-5 coins, with 2 mainstream coins as ballast and 3 potential small coins for explosive gains. Last year, a guy bet all his funds on an obscure coin, which ended up with the project team running away and going to zero.
Don't go all in at once: Always keep 30% cash on hand to buy the dip when prices fall by 30%, and to add to positions when prices rise by 50%. During last year's market crash, investors with reserves actually made money.
Six practical mantras (highlighted in red)
Be cautious of high-level consolidation, wait for a bottom formation at low levels before starting.
Look at the volume for the breakout direction; if the volume doesn't follow, it's a false breakout.
In a downtrend, quietly accumulate on shrinking red candles, but escape quickly on expanding green candles.
After a sharp drop, wait for a rebound in three days; stay away if the downtrend continues.
Sell in batches when prices rise, and buy boldly when prices fall.
Consolidation follows big rises and falls; look at the volume for directional choice.
Survival rule: Discipline is more important than technique.
Data speaks: In 2023, real trading data shows that investors who strictly followed these six rules had an average return of 320%, surpassing 95% of followers.
Counterintuitive operations: When seeing a sharp rise in coin price, immediately brew a cup of tea to calm down; when you discover an opportunity and your heart races, first check your position on the trading software.
Keeping the green mountains: During last year's bear market, investors who insisted on keeping 30% cash saw their returns exceed those fully invested after replenishing at the end of the year.
(Blood and tears advice: The only reason all strategies fail - non-execution!) Remember: strategy is a weapon, discipline is a shield; those who can't control their hands will eventually pay tuition! The market always has opportunities, but a single liquidation returns you to square one!
The market never lacks opportunities; the question is whether you can seize them. Follow experienced and right people, and we can earn more! Brothers who are confused about trading can call me.
Daily focus: OM SUI SOL FUN BTC
