Struggling to make a name in the crypto world? Even your relatives don't bother to look at you? It's time to turn things around! Keep these 10 iron rules in mind, and change your fate this year!
Remember: If you can't make 3 million, it's not the market's problem, it's your approach that's flawed.
Don't risk small funds recklessly
Understanding one major market trend a year is enough; keep enough ammo for a crash. Don't imitate those all-in gamblers; they're already buried deep.
Only earn money within your understanding
Feeling itchy seeing others getting rich on shitcoins? First, ask yourself: Do you understand the white paper of this coin? Simulated trading and real money are two different things.
Good news turning into bad news
Did you miss the run on the day the news was released? If it opens high the next day, it's the last escape route. The big players are just waiting for retail investors to take over, don’t be the last fool.
Must reduce positions before holidays
Holiday trading is more thrilling than horror movies, with wild rises and falls that challenge your sanity. Wrap things up a week in advance; isn’t it nice to enjoy the holiday without worry?
For mid to long-term, be like an old tortoise
Dare to buy in batches when it drops, and sell in batches when it rises. Lowering your average cost stabilizes your mindset — this is the real "buy low, sell high."
For short-term trading, only play with popular coins
Don't touch trash coins with daily transactions under 100 million! It's easy to buy in, but getting out? Just look at those ghostly price levels on the order book.
A crash is more lovable than a slow decline
A slow decline feels like torture, while a crash feels like jumping off a building. The former takes six months to rebound, while the latter can recover in three days — but remember, buying the dip doesn’t mean catching falling knives!
Cut losses faster than an ex-girlfriend
It's not embarrassing to buy wrong; holding on stubbornly is fatal. Your capital is your soldier; alive, you can fight another battle.
The 15-minute chart is the short-term bible
Sell when KDJ is overbought and buy when it's oversold. Combine MACD for trends and RSI for strength — but don’t become a slave to technical indicators; market sentiment is king.
One trick to eat all heavens
Mastering KDJ + MACD is better than learning a hundred skills. Have you seen those boasting various indicators? Do their account balances exceed five figures?
Ultimate mindset:
When others are greedy, you are fearful? Nonsense! The real strong ones are — greedy when they should be and running faster than anyone else when it’s time to be cautious.
