The rules of survival in the cryptocurrency world: Be ruthless, be patient, or get out
1. Strategy determines survival
Are you a cheetah or a turtle? Don’t trade based on your “feelings”, that’s like gambling with your life.
1. Trend followers: keep an eye on BTC and ETH, when the moving averages cross golden, run when they cross dead, don’t go against the trend.
2. Band: Do you want to play altcoins? If it rises by 10%, withdraw it. If it falls by 5%, sell it. Don’t fall in love with the project.
3. Arbitrage party: exchange price difference, contract spot hedging, making money from the market’s stupid mistakes.
How many people will hold on to their "value investments" and get liquidated in the 2024 rate hike? If the strategy is wrong, all efforts will go to waste.
2. Entering the market depends on discipline, not chicken soup
"I think it will go up" is an excuse for leeks, experts only recognize signals:
1. RSI falls below 30 + trading volume surges, buy at the bottom with your eyes closed.
2. The whale wallet has changed, and the data on the chain will not lie.
3. The Fed is loosening its monetary policy? It must be done within 5 minutes. You only have those few minutes to make money from the news.
3. Only those who can run are the masters
"Take it again" is the beginning of bankruptcy:
1. If you lose 5% of your principal, sell your money immediately. Don’t believe in “adding to your position during a pullback”. This is what I thought before LUNA returned to zero.
2. After the floating profit reaches 50%, the stop loss line is pulled to the cost price, and the market is free.
3. If the coins have not been moved for three days, delete them from your selection. Time is more valuable than money.
4. Position is your father
1. All those who went all in died, and those who survived were those who split their positions:
2. The total position should not exceed 50% of the principal, leaving half for interest.
3. The single currency exceeded 20%. When FTX collapsed, people who were fully invested in SOL were still crying.
4. 100x leverage? Liquidation is a matter of time.
5. Maths won’t lie: If you bet 2% of your capital each time, you can still play even if you make 50 mistakes in a row; but if you bet 50%? You’ll only have a small amount left after two mistakes.
5. Risk management is to protect yourself
1. The market is not scary, but losing control of your hands is fatal:
2. Black Swan List: Musk's foul mouth, exchange theft? Write a response script in advance.
3. Turning off the computer after three consecutive losses is a disease that needs treatment.
4. Don’t check social media when the market crashes. Panic is contagious. Turn off price alerts to stay safe.
During the 312 crash, the brother who set the function to “automatically shut down when the price drops by 30%” made money when the market rebounded a week later - you don’t need to predict the storm, just don’t get caught in it.
Final Word
90% of people cannot do this system because human nature always wants to "get rich overnight". Print your transaction records and compare them with these 5 scores. After three months, you will understand: in the cryptocurrency world, living long is really awesome.
——A cup of tea, a cigarette, and a system running for three years.
Yuanbao doesn't want to fight, discipline is above everything else.
Follow the ingot@趋势狂人元寶 , precise sniping