The survival rules of the cryptocurrency circle that I learned from the tuition of 6 million yuan: It is not about making money, but about staying alive
Core cognition:
The cryptocurrency circle is not about who makes money faster, but who lives longer.
I once lost more than 6 million yuan, and finally realized a truth - the essence of trading is risk management, not the fantasy of getting rich quickly.
10 iron rules of blood and tears (if any one is violated, it is recommended to exit the contract)
1. Don’t pretend to be a "value investor" with small funds
With a capital below 200,000 U, focus on the main rising wave band, and don’t fantasize about long-term holding
Statistics show that 78% of the positive news will be dumped within 24 hours after release
2. Clear the altcoins during holidays
Data from the past 5 years: The probability of a post-holiday plunge is over 70%
During a liquidity crisis, the decline of altcoins is usually 2-3 times that of BTC/ETH
3. Below the annual line ≠ golden pit
90% of "bottom-fishing" eventually turns into "burying people"
The real bottom needs to meet the following conditions:
Panic volume (24h liquidation volume > the average of the previous 3 days)
RSI <span and continuous oversold
Extreme FUD in the market (such as regulatory black swans)
4. The "three high principles" of short-term trading
High volatility (daily amplitude > 15%)
High turnover (24h trading volume > 2 times the 30-day average)
High controversy (violent long-short differences in the community)
5. Rebound logic after a sharp drop
Two consecutive big negative lines + RSI＜20 = high probability rebound window
But rebound ≠ reversal, 5%-8% profit is enough to avoid counter-killing
6. 7% hard stop loss rule
Single loss exceeds 7% and still no stop loss = chronic suicide
Historical data: The final liquidation rate of those who hold orders is ＞95%
7. Short-term gold 4 hours
Enter the market with a golden cross in 15 minutes and leave the market within 4 hours
Take profit actively when the profit is 5%, and refuse the "profit taking trap"
8. One extreme move is better than a hundred mediocre moves
30 million yuan in profit in three years, relying only on the main rising wave breakthrough strategy
Reject complex indicators, focus on volume price + trend structure
9. Three hidden conditions of the real "gold pit"
(due to compliance requirements, only shared within the community)
10. The market is always "collecting corpses"
When you think "this time is different", the ending is often the same
The only difference is that a different group of people lose money
Final advice
"The secret to making money in the cryptocurrency circle is not to predict the market, but to control yourself."