Follow these ten golden rules to grow your portfolio.
Trading is not luck; it is psychology, patience, and proven rules.
Ignore exaggerations. Follow a structure. Win consistently.
The ten golden rules for trading cryptocurrencies:
Buy strong coins after they drop.
If a good coin has declined for more than 9 consecutive days, it is not dead - it is on sale.
Take profits after two days of rising.
Have you seen green candles for two consecutive days? Book partial gains. Greed is deadly. 💸
Wait after a 7% rise.
If the price has risen more than 7% in 24 hours, don’t fear missing out. Wait for a drop. 🎯
Don’t chase highs.
Entering the middle of a rise = buying exit liquidity. Enter before that, or wait.
Always set stop-loss orders.
Not setting stop-loss orders = account collapse. Protect your capital.
Trade less, earn more.
Overtrading = excessive exposure. Choose one or two suitable setups. Be selective.
Control your emotions, don’t marry coins.
Detach. Your favorite coin won’t love you back.
Use small sizes during volatile news weeks.
Federal Open Market Committee? Consumer Price Index? Federal Reserve drama? Use small trades = less pressure.
Track your trades.
What gets measured, gets improved. Keep a trading journal.
Keep learning.
The market evolves. Winners adapt. Keep your edge.