From a loss of 800,000 to the freedom of lying flat, I have summarized 5 'iron rules' that people in crypto don't share.
First, self-expose your situation:
I am an 'old leeks' who has been rolling in the crypto world for 7 years — no, now I should be considered a free person singing the songs of a liberated peasant.
I entered with 8000 back then, heated my head and invested fully in a scam, losing a peak of 5 million...
When I fell to the point of questioning life, I even considered selling tea eggs, but the tea egg vendor told me: 'You should continue trading coins; don't take away my livelihood.'
Later, after enduring the bull and bear markets and walking through the waterfalls, I finally summarized a set of iron rules for trading coins that won't get you cut and can occasionally reap rewards.
1. Divide your capital into five parts; even if you make a mistake, don't panic.
Never go all-in!
Divide your principal into 5 parts, using only 1 part each time.
What does this mean? If you make a mistake once, you only lose a maximum of 2% of your total capital. Make 5 mistakes and you'll lose 10%.
This is like going to a casino with only a little pocket money each time; if you lose, you can still treat yourself to a cup of milk tea.
2. The market is like dating; don't go against the trend.
When it drops, there's always someone shouting 'It's the bottom, it's the bottom'... Don't listen; that's a trap.
When it rises, after a pullback, they start shouting 'It's over, it's going to crash'... Actually, that's a golden pit.
The market has a rhythm; go with it, don't sing against it.
3. See a sharp rise and get excited? You're probably looking to get cut beautifully.
Don't touch coins that surge 3 times in the short term.
High-level stagnation, it's highly likely to plummet later. If you rush in, you're just helping others get out of their positions like a living Lei Feng.
4. MACD is an old friend; entry and exit rely entirely on it.
It's okay if you don't understand candlesticks; learning MACD is enough.
Entry: When DIF and DEA cross at the golden cross below the 0-axis, then break through the 0-axis — like a dog suddenly bursting out of a mud pit, it might turn into a dark horse.
Reduce positions: When MACD has a death cross above the 0-axis and starts to go down, get out!
MACD looks like a scientific experiment, but it is actually a life-saving candlestick tool.
5. Those who average down are emotional, while those who increase positions are professionals.
Losing money to average down: You're an emotional player; when others drop, you drop even more, endlessly.
Making money to increase positions: This is the mindset of following the trend; moving forward with victory won't lead you astray.
Also, remember to observe the relationship between volume and price:
Low-level volume breakout = Opportunity
High-level volume stagnation = Run!
The crypto world is not a paradise for workers; it is a battlefield for high-IQ players.
#Newt #加密市场反弹 #SEI #币安HODLer空投NEWT
