10 Golden Rules to Get Rich in the World of Crypto! 💰🚀
Crypto trading isn't rocket science. With a little bit of wisdom and patience, and by following these 10 simple golden rules, you can slowly but surely build wealth, Insha'Allah. Just remember—don’t rush! Here are the keys:
1. Strong Crypto Falling? Watch Closely:
If a solid, fundamentally strong cryptocurrency keeps dropping for 9 consecutive days, keep an eye on it. That might be your entry point.
2. 2-Day Surge? Time to Be Smart:
If a coin rises for two straight days, lighten your position. Booking profit is just as important as entry.
3. After a 7% Jump, Be Patient:
If a coin goes up by more than 7%, wait for a pullback the next day. Don’t rush in—observe and plan.
4. Enter After the Bull Run Ends:
Always look to enter after a bull run finishes—not in the middle. Chasing pumps often leads to losses.
5. 3 Days of Low Volatility? Wait:
If a coin stays dull for 3 days, wait 3 more. Still no change? Consider reallocating your holdings.
6. Fails to Recover Previous Cost? Exit:
If a coin can’t recover the previous day’s price level, exit quickly. It’s better to cut small losses early.
7. Secret of the Gainers List:
If there are 3 gainers today, there could be 5 tomorrow. Look for coins rising 2 days in a row and enter on the dip. Day 5 often makes for a good exit.
8. Volume & Price – Body & Soul:
Volume is the heartbeat of the market. If a coin breaks out after low-level consolidation with rising volume—pay attention. But if volume increases at high levels and price stagnates—it may be a reversal signal. Exit smartly.
9. Ride the Trend, Don’t Fight It:
Only trade coins in an upward trend:
3-day MA rising = Short-term bullish
30-day MA rising = Mid-term bullish
80-day MA rising = Strong trend
120-day MA rising = Long-term bullish
10. Small Capital, Big Gains:
Small capital doesn’t mean small dreams. Use smart strategies, stay calm, and follow your plan strictly. Timing is everything.
---
One Final Tip:
Never go full-time into crypto trading, especially with borrowed money. It’s a high-risk market. Only invest what you can afford to lose. 💡
Are you ready to apply these rules to your strategy? 💼📈
#CryptoTips #Binance #HODL #TradingStrategy #CryptoGoldenRules #BTC #ETH #Altcoins #RiskManagement #Web3