A Decade of Hard Lessons in the Crypto World: This is How to Survive and Make Money
Just checked my account, and it's hitting new highs again; the pitfalls I've faced over the years have finally paid off. Today, let’s talk about something practical; how much you understand depends on your luck.
💰 Capital Management Philosophy
Divide the wallet into five parts, and only play with one part at a time.
Even if you make five mistakes in a row, you will only lose 10%, but catching one trend can double your investment.
🎯 Timing the Market is an Art
Don’t catch falling knives when the price drops, and don’t be greedy when the price rises.
Rebounds after a sharp drop are traps; corrections in a bull market are the golden opportunities.
MACD golden cross breaking the zero line = free money signal; death cross pointing down = run fast.
🔥 Hard-earned Lessons
Adding to a losing position? Just wait for it to drop to zero.
Only add to your position when you're in profit; let your profits run.
Breakout with high volume at a low price = get in; high volume stagnation at a high price = get out.
🚀 Trends are Key
Only invest in coins with upward trends.
Checking multi-period moving averages is more reliable than any analyst.
Spend 10 minutes reviewing every day, and you’ll outperform 90% of retail investors.
Next key point:
The season for altcoins in this bull market is coming; I have already identified several potential coins.