Can trading cryptocurrencies really make you rich overnight? After 9 years of bloodshed, the old investors reveal the truth, brothers!
Today, I'm going to break down the 'Survival Manual for Investors' and feed it to you, so you can save on 6 digits of math fees👇
🛡️ Position management is the elixir of life
Remember this life-saving formula: Divide total funds into 5 parts + only use 1 part at a time! For example 🌰: If you have 100,000 capital, only play with 20,000. If you lose 5 times in a row, you'll only lose 10% (I personally tested this during the 312 crash and saved enough to buy a Model 3). Here's the key ⚠️: Calculate each profit and loss based on the current position, absolutely do not use other funds!
🌪️ Trends are the ancestors
Rebounds in downward channels are just temporary flashes of light (refer to last year's Luna, which rebounded from 120 to 80 dollars before going to zero again). The spikes in upward trends are like sudden red envelopes from heaven! Last month when Ethereum dropped to 2800, those who dared to buy the dip must be laughing now, right?
💣 Meme coins are all pump and dump schemes
Those altcoins that double in three days, 9 out of 10 are fishing schemes! Do you remember the 'Frog Coin' that was all the rage last year? It skyrocketed from 0.3 to 2.4 dollars in just 18 hours, and now it needs three zeros added to its price to show...
📉 MACD mystical instruction manual
Golden cross breakout below zero axis = close your eyes and charge in (look at March's APT from 8.2 to 13.8 dollars, how accurate it was!)
Dead cross below zero axis = hurry and run (Bitcoin peaked at 69,000 dollars in April, those who were slow cried in the toilet)
Let me tell you a secret: Weekly accuracy is 3 times higher than daily!
🚫 Averaging down is suicidal bungee jumping
I've seen sisters increase their position from 10,000 to 100,000, turning short-term trading into a family heirloom! A bloody lesson: If a single loss exceeds 15%, cut your losses immediately, remember this three-word mantra — cut and let go!
🔥 Trading volume is a demon-revealing mirror
Low-level explosive volume = signal for main forces to build positions (before June's NOT launch, there were three consecutive days of explosive volume)
High-level explosive volume = countdown to death (the night before FTX's collapse had massive trading volume alerts)
Key point‼️ A sudden increase of 300% compared to the average volume of the previous 30 days must indicate a big move!
🚀 The takeoff posture must be correct
Three main characteristics of strong coins to remember:
1. The 7-day line is above the 30-day line
2. Pullbacks never break previous lows
3. Volume during breakouts is 5 times the usual
