Making money with cryptocurrency doesn't necessarily require being a master. Sometimes, following some simple and straightforward methods can be more stable and easier for survival than chasing hot trends. The following 10 rules are summarized from my practical experience over the years, and I hope they can help you avoid detours:
1. A strong coin that has continuously dropped for 9 days is often a signal to enter.
Strong trend coins that pull back from a high position usually won't drop for too long. If they drop for 9 consecutive days, it deserves attention, and it's advisable to build positions gradually.
2. For coins that have risen for two consecutive days, it's essential to partially reduce positions.
Most coins will oscillate or pull back after two days of consecutive rises. Don't be greedy; it's crucial to secure profits.
3. A coin that rose more than 7% in a day is likely to be a selling point the next day when it spikes.
Avoid chasing highs and keep a wait-and-see attitude, especially for non-hot coins. A sharp rise often leads to a drop the following day.
4. For once-popular coins, wait for the tide to recede before re-entering.
Sentiment is useless; the trend is most important. Many people get trapped by high-profile "star coins" because they refuse to accept that they are in decline.
5. For coins that have been flat for three consecutive days, decisively adjust positions if there’s still no movement.
Coins without momentum will only waste your time and opportunity cost. If there’s no movement after three days, wait three more days; if still no reaction, move on.
6. If the next day you can't even recover the previous day's cost, you need to stop loss in time.
Holding on will only make you more passive; you can't stubbornly resist. The market won't reward "emotional decisions."
7. The "Three-Five-Seven Law": for coins that have risen for two days, you can buy low; usually, the fifth day is the best selling point.
Many short-term trends exhibit "inertia rises," especially when market enthusiasm picks up. The fifth day is an important observation point.
8. The relationship between volume and price is key; low volume at a low price = opportunity, high volume at a high price = risk.
If you don't understand candlestick patterns, it's okay; look at the trading volume. Volume increases indicate a starting signal, while high-volume stagnation at a high indicates that the main force may be offloading.
9. Only trade coins in an upward trend; going with the trend increases your chances of winning.
Simply observe the moving averages:
— 3-day line trending up = short-term rise
— 30-day line trending up = medium-term rise
— 80-day line trending up = main upward wave starting
— 120-day line trending up = long-term upward trend
Small funds can also turn around, but you must control yourself.
Don’t borrow money to trade cryptocurrency, don’t go all in, and don’t blindly chase hot trends. Good risk control and maintaining rationality are the true keys to long-term victory.
Our small team opens trades daily, with a floating profit of over 480% this month. With a stable strategy and precise points, let’s recover our losses together!
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