Cryptocurrency Investment Experience Sharing: Rational View of the Get-Rich Myth
As a seasoned investor who has experienced multiple cycles of bull and bear markets, I would like to share the following key experiences:
Risk control is the core survival rule
It is recommended to adopt a diversified investment strategy (e.g., dividing funds into 5 parts)
Single investment should not exceed 20% of total funds
Strictly enforce stop-loss discipline (it is recommended that a single loss does not exceed 15%)
Key Points for Market Trend Judgment
Rebounds in a downtrend are often unsustainable (e.g., the Luna case)
Pullbacks in an uptrend may be opportunities (e.g., the Ethereum $2800 case)
Beware of short-term surges in altcoins (e.g., the "Frog Coin" case)
Practical Technical Analysis Tips
MACD Indicator Application:
• A golden cross below the zero line can be used as a buy signal (e.g., the APT case)
• A death cross above the zero line can be used as a sell signal (e.g., Bitcoin $69,000 case)
Volume Analysis:
• Increased volume at low levels may signal a building position (e.g., the NOT coin case)
• Increased volume at high levels needs to beware of risks (e.g., the FTX case)
Characteristics of Quality Projects
7-day moving average remains above the 30-day moving average
Pullbacks do not break previous lows
Significant increase in volume during breakthroughs (more than 5 times)
Building Investment Psychology
Avoid irrational averaging down
Accept reasonable losses
Maintain a long-term learning mindset
The high risk and high return characteristics of the cryptocurrency market will not change; true "get-rich" often belongs to those investors who possess both professional knowledge and risk control ability. It is recommended that beginners start from the following aspects:
First, test the waters with small funds
Establish a complete trading system
Continuously learn market knowledge
Maintain a rational investment mindset
Remember: There are no guaranteed secrets in the market; controlling risk is always the top priority.