In the crypto world, even if you are just an ordinary retail investor, you have a complete chance to make a comeback in just two months! The key lies in—correct strategy, precise direction, and stable mindset. The following iron rules are your trump cards for turning the tide:
Four Principles to Avoid:
Do not chase highs in short-term trading — Making several trades a day to profit from price differences? That's trading, not gambling.
Do not engage in high-leverage contracts — Gains and losses can happen in an instant; be careful as liquidation becomes the norm.
Do not invest in crazy NFTs — It's better to see clearly than just watch the excitement; don't become the last buyer.
Do not chase trending coins recklessly — The hotter the trend, the greater the risk. To be stable, keep your distance.
Four Major Perseverances:
Persist in understanding cycles — Bull and bear markets alternate; clarify whether you are on an upward slope or a downward slope.
Persist in maintaining a stable mindset — Do not let short-term fluctuations dictate your rhythm; keep a long-term perspective. Persist in your own research — Do not blindly trust KOLs; get involved and learn about projects, practice DYOR (Do Your Own Research).
Persist in medium to long-term logic — Those who truly make big money are never the ones who trade frequently.
Practical Skills for Swing Trading:
Only engage in certain large swings; do not enter and exit frequently for small profits.
Small Market Cap (Market Cap < $5 million): Once the weekly chart increases tenfold, decisively take profits!
Medium Market Cap ($5 million - $50 million): If the weekly chart exceeds three times, reduce your position in batches.
Large Market Cap (> $50 million): If the weekly chart doubles or more, consider high selling and low buying.
The “Unpopular Rule” for Timing Trades:
Buy in silence: Small market cap, low trading activity, KOLs are not mentioning it, and it hasn't been listed on major exchanges—these types of coins have explosive potential.
Sell in a bustling atmosphere: Heated discussions in groups, Twitter buzzing, and K-lines soaring—don't hesitate, it's time to withdraw.
Summarizing a golden rule:
Buy in solitude, sell in a bustling crowd.
Grasp this point, and even if you are a newbie in the crypto world, you can advance step by step from being a novice to a winner. Stop fantasizing about getting rich overnight; taking the right path is more important than taking it quickly!