10 Life-Saving Guidelines for Beginners in the Crypto World
These 10 tips might save your life—especially the 8th one, where most people lose money.
1. Small funds should learn to 'wait', not 'be all in'
With a principal of 200,000, capturing a 30% increase in mainstream coins 2-3 times is enough. In a bull market, the biggest fear is not missing out, but being fully invested and trapped. Those who dare to stay out of the market are the true hunters.
2. First practice 'not losing', then learn 'to earn'
The most expensive saying in the crypto world: 'I think this time is different.' One can only earn money within their own understanding; first practice with a simulated account, and once your mindset is stable, then move to the real market. Remember: losing once in the real market might mean there won’t be a next time.
3. Good news = Bad news? Beware of 'news traps'
On the day a major positive news is announced, if the coin price has already surged, the high opening the next day is often a selling point. The market makers understand better than you how to use good news to cut retail investors.
4. One thing to do before holidays
Statistics show that in the past 5 years, the probability of a drop in the week before a holiday exceeds 70%. Either reduce your position or stay out of the market during the holiday, don’t act against the trend.
5. The core of medium to long-term investing: Always leave some bullets
Don’t use up all your chips at once. Sell in batches as prices rise, and buy in batches as prices fall; cash flow is your moat.
6. For short-term trading, focus on two words: Momentum
Sudden increase in trading volume + price breaking through resistance, follow up immediately; if it’s consolidating with declining volume, it’s better to miss out than to make a mistake.
7. Is a sharp drop an opportunity?
A slow decline indicates no one is buying, and it may continue to fall; a rapid drop with volume often indicates the last blow, and a rebound is imminent.
8. 90% of people fail at this point
'Just wait a bit longer, and I'll break even' is the biggest illusion. Cut losses quickly and let profits run slowly; if you lose 50% of your principal, you need to earn 100% to break even—are you sure you can do that?
9. Short-term trading tool: 15-minute KDJ
Buy on a golden cross, sell on a death cross, and use volume to filter out false signals. Suitable for those who don’t have time to monitor the market.
10. Ultimate advice: Less is more
Mastering 3-5 methods that can make money is enough. There are thousands of technical indicators, but often only one or two can lead to stable profits.
Why can some people turn 200,000 into 1,000,000 in just 3 months? The key is not in the technique, but in the secrets of position management.
The harshest thing in the crypto world is not the market conditions, but every opportunity you missed!
