The dumbest way to trade cryptocurrencies is actually the safest way to live: Six short-term rules for survival and profit
After spending time in the cryptocurrency world, you will find that:
Those who truly make money are not necessarily the smartest, but they are definitely the most stable.
To go far in trading cryptocurrencies, it really relies on six "dumb" rules.
📌 Six short-term rules, each one safeguards life:
🔹 When prices are high and moving sideways, they are likely to reach new highs; when prices are low and fluctuating, they are prone to continue declining.
Position determines expectation; don’t be fooled by small rebounds.
🔹 If the market is flat, wait and observe before deciding on a direction.
Trading should rely on signals, not on impulse.
🔹 Enter on bearish candles, exit on bullish candles.
Keep the rhythm steady; know when to take a step back based on the candlestick chart.
🔹 Slow declines lead to slow rebounds; sharp declines lead to quick rebounds.
Understand the "release of force"; don’t fear declines, fear stagnation.
🔹 Pyramid building method: Buy more as prices fall, hold on as prices rise.
Truth lies within discipline.
🔹 After significant rises and falls, the market often consolidates. The longer it consolidates, the more intense the breakout.
Don’t be greedy at the top, don’t gamble at the bottom; just focus on the direction.
Less action, take it slow, and emphasize logic; trading cryptocurrencies is not a life-and-death struggle, it’s an endurance battle.
Misplaced enthusiasm is called emotion; only when the rhythm is right can it be called profit.
Keep these six rules in mind, and you too can outlast others and earn for a longer time.
📌 Save this, don’t let the next market disrupt your rhythm again.
If you resonate with this, see you in the comments. What tricks do you use for survival?