🚀🚀🚀In the crypto world, one day is equivalent to ten years in the human world
It has been almost seven years since I entered the crypto space, going through ups and downs along the way, and now I rely on it to make a living. I have summarized ten tips to share with you who are still on this journey—if you can follow these, it will be hard to incur losses.
1. Did your coins not drop when the market crashed? Don't rush to sell; this indicates strong backing, hold on! There’s a high probability you’ll profit later.
2. Newbies should understand the rhythm: pay attention to macro trends, monitor the 15-minute and daily charts for short-term trades, hold if it goes up, exit if it drops; for mid-term trades, watch the daily chart, avoid unnecessary tricks, and act swiftly.
3. Bought short-term and haven't moved for three days? Switch immediately; if you buy and it drops, don’t hesitate to cut losses at 5% down.
4. **Has it halved from the high and continued to drop for several days?** It’s likely already oversold, a rebound is near, jump in decisively!
5. Only chase the leaders, don’t bother with the small players. The strongest ones resist drops the best; don’t fear the price, fear that cheap ones have no value; leaders should be pursued with aggressive buying and selling.
6. Stop always trying to catch the bottom. A decline is like jumping off a building; no one knows where the bottom is. Cutting losses is not shameful, following the trend is the way to survive; cheap doesn’t always mean good, timing is crucial!
7. Don’t get carried away by making a little money. Earning once doesn’t mean you’re skilled; it could just be luck. Build a trading system that suits you for sustainable stability.
8. Stay in cash if you’re not confident. Being in cash is not shameful; losing money is. Trading is about win rates and profit-loss ratios, not reaction speed.
9. Are new coins rising quickly? Initially driven by expectations, but without fundamental support, they can drop even harder when the wind changes. Don’t easily take the bait.
10. Behind every coin is wealth accumulated through consensus. Coins driven up by a group will ultimately see the wealth fall into their hands.
In the crypto world, ten years feel like one day; if you want to survive, you must keep learning and continuously adjust. Earnings come from understanding, losses come from obsession.
