Realization after losing 💰! 10 life-and-death iron rules for making money in the crypto world that traders must know to avoid losses
"Can you make money trading crypto? First, memorize these 10 iron rules. This is not theory; it's survival experience I gained from losing 💰. Print it out and stick it on the wall. Look at it three times before each trade.
1. Secret to doubling small funds: Only gamble on the main upward trend
With funds under 200,000, don't rush blindly. Follow the big players' rhythm, hold onto the main upward trend, and keep 30% cash for black swan events.
2. Realizing knowledge: 100 simulation trades = half the loss of principal
Practice 100 times on a simulation platform. If you can stay put during a market crash, then you are qualified. One liquidation may prevent you from returning.
3. Killer for positive news: Midnight order rule
On the day of positive news announcement, place your order before 23:59. The probability of a drop within 24 hours is as high as 78%. Catching the window means you've won half the battle.
4. Holiday pitfall avoidance: Clear out altcoins 7 days before the holiday
Cut off high-risk coins before the holiday and only keep stable assets. Data from the past 5 years shows that mainstream coins average a 27% drop after holidays.
5. Mid-term additional buying logic: Add when it breaks below the annual line
Below the annual line is a golden pit; add once it drops 15%, and add again at 30%. If it rebounds more than 8%, take profits immediately.
6. Short-term explosive point formula: The three highs rule
Only high volatility, high turnover, and high controversy coins yield profits. Volume ratio > 3, breaking through the upper Bollinger band, go in directly!
7. Techniques for rebound after a plunge: Accelerating declines are buying points
Continuous large bearish candles, RSI breaking 20, prepare to reverse and go long! A sharp drop must come with a rapid rebound.
8. Ironclad stop-loss rule: Mandatory stop-loss at 7% loss
Stop loss unconditionally, no emotions involved. Holding onto losses will only make you surrender at the lowest point.
9. Super short-term tool: 15-minute golden cross
Enter when MACD turns positive, hold for no more than 4 hours, and take partial profits after a more than 5% gain.
10. Ultimate secret: Master one move to perfection
Don’t waste effort learning a hundred skills; perfect one move and practice it 100 times, which is better than learning 100 different methods.
Summary: In the crypto world, it's not about who trades the most, but who survives the longest. The secret to explosive profits is that you survive while others make mistakes. These 10 iron rules are lifesaving.
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