9 Years of Experience in the Crypto World: Just Follow These Steps, It's Hard to Lose!
I have been in the crypto world for 9 years, and when I first entered, I really suffered heavy losses—liquidations, being stuck in positions, and selling at a loss; I've experienced every pitfall. Over time, I summarized some 'hard-earned lessons' and am selflessly sharing them today. They are not godly strategies, but they are practical tips for survival and profit!
Want to reduce losses? Remember these points👇
1. The market crashes, but it doesn’t drop? It means there are market makers supporting it!
You must hold onto such coins; the main force is backing it, and the chances of making a big profit later are very high!
2. Don’t mess around when watching the market: For short-term, focus on 15-minute and daily charts; if the line is there, hold it; if it breaks, run!
For medium-term, only look at the daily chart; don’t play with MACD and RSI every day, it’s too complicated and can lead to misjudgment!
3. Bought a coin that hasn’t moved for 3 days? Sell it and switch to a leader!
Selling at a loss is not scary; dragging it out is scary. If you lose 5%, cut losses—efficiency comes first!
4. A coin that has dropped for 9 days and still keeps dropping? A rebound is coming soon!
This is called 'deep drop rebound'; don’t be afraid of its drop; entering at this time means you’re catching the first wave of profits!
5. Only chase the leaders, don’t touch the junk!
Leaders are those that rise sharply and are resilient to drops. Even if they are expensive, they are true 'profit coins'!
6. Don’t fantasize about bottom fishing!
During a big drop, the bottom is never the bottom; you can only truly know the 'bottom' after it has passed. Don’t gamble yet, wait for the signal!
7. Don’t get carried away when you make a profit! A sudden operation can be fierce like a tiger, but the outcome is due to a good market, not your skills.
Only with a strategy can you go far; don’t rely on luck in the crypto world!
8. No opportunities? Just stay in cash!
Being in cash is part of the rhythm, it’s not cowardice; it’s waiting for the right time to profit! Preserving capital gives you the right to turn the tables!
9. New coins being hyped? Don’t be impulsive!
Once the hype fades, they can drop sharply; without fundamentals, it’s all bubbles—be careful of standing guard at high positions!
10. The crypto world isn’t just about trading coins, it’s about trading consensus!
What you are buying is consensus, expectations, and a vision for the future that a group believes in! Choose the right circle, choose the right direction, and you will be the winner!
Brothers, ten years in the crypto world feels like a dream, and many people spend their whole lives in cycles of liquidation. If you’re still losing and confused, remember this: First learn not to lose, then pursue profits.
Don’t be greedy, don’t gamble, maintain a rhythm; when the market comes, someone will naturally lift you up!
Like + Follow! If you truly want to turn things around, don’t miss out!