Three years ago, I was 3 million in debt. Now I earn over 500,000 a month. It's not luck, but these five iron rules saved me:
1 Only follow trending markets: In a sideways market, take a break! A breakout past a key level with increased trading volume is my entry point.
2 Strict capital management: The risk of a single trade should never exceed 2%. Save enough ammunition for big opportunities.
3 Stop-loss like breathing: Break below key support? Immediately stop-loss! Never fantasize about a "possible rebound".
4 Be bold in increasing positions on floating profits: Once the trend is established, a pullback is a great opportunity to add positions and let profits run.
5 Don’t be greedy with left-side trading: Build a base position early in the trend, gradually add positions during the rise, and never chase highs.
Remember: Making money in the crypto space relies not on hard work, but on discipline!
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