Want to live freely through cryptocurrency and shape your life the way you want? Here are 10 heartfelt iron rules of the crypto world.
1. If a strong coin has dropped for 9 consecutive days at a high position, don't hesitate, follow decisively! Many people fall victim to waiting for these 9 days, missing out on opportunities.
2. If a coin has risen for two consecutive days, quickly reduce your position! Don't always think about 'just a little more', greed is a major taboo in trading, securing profits is the real deal.
3. For a coin that has surged more than 7% in one day, it will likely make another push the next day, don't rush in, first stand aside and watch the show.
4. Never chase high prices on a bull coin! It's like pursuing a girl; wait until she turns back to confirm her feelings before approaching, otherwise, you might fall hard.
5. If a coin's price has been stagnant for 3 days, be patient for another 3 days; if it still looks like dead water, quickly change your position, don’t hang yourself on one tree.
6. If you can't recover yesterday's capital the next day, leave immediately! Don't be reluctant; being attached will only drag you deeper, cutting losses in time is wise.
7. There’s a trick in the growth rankings: for coins that have risen for two consecutive days, buy at the low point on the third day, and the fifth day is often a good time to take profits. It’s said 'if there’s three, there must be five; if there’s five, there might be seven', but securing profits is stable.
8. Volume and price are like the 'soul' of the crypto world: low volume breaking upwards is an opportunity waving; high volume but stagnant at a high position, quickly withdraw, don’t look back.
9. Only trade coins that are moving upwards! Use the 3-day line for short-term trades, the 30-day line for medium-term, the 80-day line can catch the main upward wave, and the 120-day line is the true confidence of a bull market.
10. Small funds can still run faster than the market! The key is three points: the right approach, stable mindset, and decisive action; when opportunities arise, dare to charge forward, you can still earn abundantly.
Remember these rules, the path in the crypto world can be smoother, but the market is ever-changing, and your own judgment is the final gauge.