The ten iron rules I bought with real money, reading this can save you hundreds of thousands:
1. Secret to Doubling Small Capital
Don’t mimic others’ layouts with less than 200k; just catch one major uptrend in a year. Remember to always keep 30% cash, so you’re qualified to buy the dip during a crash.
2. Required Course for Beginners
Practice with a simulated account 100 times; only play with real money when you can handle seeing a crash without shaking. In real trading, there are no do-overs; one liquidation might mean you're out for good.
3. Timing for Selling on Good News
On the day major good news is announced, orders must be placed before midnight. History shows that 24 hours after good news is announced, there's a 78% chance of a crash.
4. Must-Do Operations During Holidays
Seven days before the Spring Festival/Christmas, clear out all altcoins. Data shows that mainstream coins average a 27% drop post-holiday; holding USDT during the holidays is more cost-effective.
5. Techniques for Buying the Dip
Prepare 50% of your funds as backup; when the price drops below yearly support, buy more as it falls. Remember: buy 10% more at a 15% drop, 30% more at a 30% drop, and sell at an 8% rebound.
6. Short-term Coin Selection Criteria
Only trade coins with high volatility, high turnover, and much controversy. If morning volume triples, and the 15-minute line breaks the upper band, enter immediately.
7. Actions After a Crash
When large bearish candles appear on the 1-hour chart and RSI drops below 20, prepare to go long. A sharp drop is usually followed by a sharp rise.
8. Stop-loss Rule
Cut losses immediately if they exceed 7%. Those who stubbornly hold on end up losing 95% of the time, cutting at the lowest point.
9. Ultra-short-term Secret
Look at the 15-minute chart in the morning; buy when MACD turns positive. Do not hold for more than 4 hours; start selling in batches after a 5% profit.
10. Ultimate Mindset
Master one technique to perfection. Being proficient in one pattern and repeating its application is more useful than learning a hundred techniques.
