#币圈 Six years of practical stable profit experience: 8 iron rules to avoid 90% of pitfalls
1. Iron rule for hot currency profit-taking: Don’t eat the tail market
Core logic: After the surge of altcoins, there will be a correction (such as FIL/LUNA fell 99% from the high point)
Operational suggestions: Reduce positions by 50% when the daily increase exceeds 200%, and directly clear positions when the weekly RSI exceeds 80, and refuse the greedy mentality of "eating from beginning to end".
2. Tips for judging sideways trend
High sideways: Be alert to the main force's inducement to buy when breaking the previous high. Leave the market immediately when the 30-minute K line falls below MA20
Low sideways: V-shaped rebound after a new low is mostly a wash. When the trading volume shrinks, you can build a bottom position (not exceeding 10% of the total funds)
3. Market environment linkage strategy
In a bear market, the price of the currency will rise against the trend, and a small rise against the trend will often rise sharply; in a bull market, it is easy to fall against the trend, and a small fall against the trend may fall sharply - adjust trading expectations according to the market environment.
4. Golden rule of position management
Correct posture: add positions when the currency breaks through the previous high (such as ETH breaking through 4,000 US dollars, add 20% position)
Wrong demonstration: add positions during the decline (BTC fell from 60,000 to 30,000, the more you add, the higher the loss rate) - remember "cut losses and let profits run".
5. Trend Trading Tips
Bottom Features: Weekly MACD Golden Cross + Volume Increases for 3 Consecutive Days
Washing Response: Do not sell within 30% of the upward trend, set a moving stop loss (reduce position when closing price falls below 5-day line)
6. Sector Rotation Strategy
Stock Selection Order: First lock in hot sectors (such as AI Coin in 2023), then select sector leaders (top 3 market capitalization), and finally select technical breakthrough currencies. Stay away from independent currencies without sector support (daily trading volume <span million U).
7. The core of volume and price analysis
Effective signal of rising: price reaches a new high + trading volume is more than 2 times of the previous day
Warning signal of falling: price reaches a new low + trading volume shrinks (risk has not been released, do not buy at the bottom)
8. Long and short trend operation method
Rising trend: add positions when stepping back to the daily MA20, and resolutely stop loss when breaking MA60
Downward trend: short when rebounding to MA60, stop loss immediately when breaking MA20
Finally remind:
Making profits in the currency circle is not based on luck, but on turning rules into muscle memory. Newbies should use 1000U to simulate trading for 3 months, practice strategies and then practice them in actual combat - remember, only those who can survive the bear market are worthy of enjoying the feast of the bull market
