Can trading cryptocurrencies really make you rich overnight? A 9-year battle reveals the tears of a seasoned investor
Brothers! Back in the day, I lost my entire year-end bonus to altcoins, and now I manage eight-figure crypto assets. The pitfalls I've encountered over these 9 years could circle the Binance building three times! Today, I’m crushing my secret 'Survival Manual for Retail Investors' and feeding it to you. After reading this, you'll save six-figure math fees 👇
🛡️ Position management is a lifesaver
Remember this life-saving formula: divide total funds into 5 parts + only use 1 part at a time! For example 🌰: If you have 100,000 as capital, only play with 20,000. If you lose 5 times in a row, you’ll only lose 10% (I personally tested this method during the 312 crash and saved enough to buy a Model 3). Here comes the key ⚠️: Calculate every profit and stop-loss based on current positions, and absolutely do not use other funds!
🌪️ Trend is the ancestor
Rebounds in a downtrend are just fleeting moments (refer to last year's Luna, which rebounded from $120 to $80 only to return to zero), while spikes in an uptrend are unexpected blessings! Last month, when Ethereum dropped to $2800, did those who dared to bottom-fish laugh out loud now?
💣 Meme coins are all scams
Those altcoins that double in three days, 9 out of 10 are fishing scams! Do you remember the 'Frog Coin' that went viral last year? It skyrocketed from $0.3 to $2.4 in just 18 hours, and now you need to add three zeros to show the current price...
📉 MACD esoteric manual
Golden cross below the zero axis = dive in with eyes closed (look at how accurately APT moved from $8.2 to $13.8 in March!)
Death cross above the zero axis = run away quickly (Bitcoin hit $69,000 in April as a peak warning; those who ran slow were crying in the bathroom)
Let me tell you secretly: the accuracy at the weekly level is 3 times higher than at the daily level!
🚫 Adding to positions is suicidal bungee jumping
I've seen sisters increase their positions from 10,000 to 100,000, turning short-term trades into family heirlooms! The bloody lesson: if you lose more than 15% in a single transaction, cut your losses immediately. Remember this three-character mantra — let go and move on!
🔥 Trading volume is a truth-revealing mirror
High volume at low levels = signal for major players to accumulate (in June before NOT took off, there were three days of explosive volume)
High volume at high levels = countdown to death (the night before FTX's collapse had unprecedented trading volume)
Key point‼️ A sudden increase of 300% compared to the average volume of the previous 30 days definitely indicates significant action!
🚀 The takeoff posture must be correct
Three characteristics of strong coins to remember:
1. 7-day moving average above the 30-day moving average
2. Pullbacks never drop below previous lows
3. When breaking through, the volume is 5 times the usual
