This year, I made some money trading coins, but it was really frustrating! Every time the market seems to be taking off, it suddenly drops, like being cut off from the fuse.

Crypto Trading Secrets: 10 Survival Rules Earned by Old Investors with Blood and Tears (CZ Likes Edition!)

1. A strong coin falls for 9 consecutive days at a high? Just close your eyes and buy the dip!
(Forget about any negative news, after dropping for 9 days it’s a golden pit, remember this magical number)

2. Reduce your position after two consecutive days of gains, preserving profits is key
(Just because it has risen for two days? Don’t be a bag holder, secure your profits first)

3. A single day surge of over 7%, there’s still a chance for a high the next day
(Don’t rush to sell after a big bullish candle; often there’s more to gain the next day)

4. Don’t rush to chase a major coin on a pullback, wait for it to stabilize before getting in
(Major coins never move in a straight line; the best entry point is after a proper pullback)

5. Three days of sideways movement looking like a dead fish? Observe for another three days, if it doesn’t move, withdraw!
(Consolidating coins consume a lot of time, if it doesn’t move after a week, switch coins quickly)

6. Can’t even recover your capital the next day? Cut your losses swiftly without hesitation!
(Getting stuck is not scary, what’s scary is stubbornly refusing to admit mistakes)

7. There’s a trick to consecutive gains on the leaderboard: after three gains look for five, after five keep an eye on seven
(If it rises for two days, dare to buy; remember to place a sell order on the fifth day, this trick cures all doubts)

8. Remember the relationship between volume and price: pay attention to low-volume breakouts, high-volume stagnation means you should exit quickly
(Trading volume is the weather vane of the crypto market; volume breakouts are the charge signal, high-volume stagnation is the retreat order)

9. Trend is king, don’t be fooled: a rising three-day average is a short-term charge signal, a turning thirty-day average indicates a mid-term trend, a flat eighty-day average signals a main upward wave, and an upward yearly average means no worries about long-term bullishness!
(Identify the trend before taking action, don’t go against the moving averages)

10. Small capital can also become large, the key is to adhere to these three rules:
The method must be right, maintain a stable mindset, execute the strategy, and wait for the opportunity!
(Don’t despise small amounts of money, cherish them; being cash-strapped is the real master’s way)