Not everyone gets rich from crypto trading, but if you follow these 10 golden rules, you’ll avoid a lot of rookie mistakes.
1️⃣ Don't be scared of strong coins dropping.
If a strong coin keeps falling for 9 days straight, it's likely near the bottom. That could be a good time to buy. After big drops, strong coins usually bounce back.
2️⃣ Take some profit after 2 days of gains.
If your coin goes up two days in a row, consider selling part of it. Prices that rise too fast often drop again. Don’t get greedy.
3️⃣ Hot coins today might still move tomorrow.
If a coin jumps over 7% today, it might keep going tomorrow. But if it can’t break the previous high, get out.
4️⃣ Don’t chase coins at their highest price.
Buying at the peak usually ends in regret. Wait for a pullback (a price drop) to enter.
5️⃣ Coins stuck for too long are wasting your time.
If a coin hasn't moved in 3 days, give it 3 more. Still nothing? Move on. Your time is valuable.
6️⃣ If it drops and doesn't bounce back, cut your losses.
If you lose today and can’t even break even tomorrow, sell. Don’t hope it will magically recover.
7️⃣ Coins often rise in a 3-day pattern.
If it’s gone up for 2 days, buying the dip on day 3 might work. Usually, by day 5, it’s time to get out.
8️⃣ Pay attention to trading volume.
Big volume at low prices = good sign.
Big volume at high prices with no price move = danger. If volume and price don’t match, be careful.
9️⃣ Trade only coins in an uptrend.
Up today? Short-term chance.
Rising for 30 days? Mid-term hold.
120-day moving up? Long-term strong—just hold.
🔟 You don’t need big money—just the right mindset.
With the right strategy and patience, small money can grow. But even big money can disappear if you trade on impulse.
