6 Rules for the Survival of Old Hands: Avoiding Pits is Profit!
Build positions in batches, don’t be stubborn and go all in
Buy a little when it drops 10%, add more when it drops 20%, averaging your cost will keep your mindset stable.
Keep an eye on on-chain data, don’t be a bag holder
Are big wallets frantically depositing into exchanges? Run fast, don’t wait until the crash to regret.
Learn to hedge, don’t just take hits
Stuck in spot positions? Open a 10%-20% short to hedge, at least reduce your losses.
Cold wallets are the real safe
Holding large assets on exchanges? Hackers are laughing. Cold wallets + hardware wallets, sleep soundly.
Candlesticks won’t lie, but manipulators will
Seeing “double tops” or “head and shoulders tops”? Don’t hesitate, take profit first, wait for the trend to clarify before entering.
Don’t miss the halving cycle, but don’t be superstitious
There are often market movements before and after Bitcoin halving, but don’t go ALL IN, building positions in batches is more secure.
(Remember: The market specializes in defeating the unconvinced; survive to see the bull market!)
