Achieve sustained and stable profits and support your family through cryptocurrency trading! Currently, you have a house in Shenzhen, a car, some savings, and other assets.
I have tried long-term, short-term, ultra-short-term, and swing trading, basically all types of methods.
As a full-time cryptocurrency trader, I always keep in mind the 10 iron rules of cryptocurrency trading. I printed them out and posted them on my computer desk and bedside to remind myself at all times.
Each iron rule is the summary and sublimation of countless practices, and it is worth reading it ninety-nine times!
10 top ideas to survive in the cryptocurrency world and make a lot of money:
In the ever-changing world of cryptocurrency, if you want to get results, you have to take the initiative to learn and improve your thinking.
As Charlie Munger said: When the opportunity comes, you have to invest boldly.
When you can't sleep well because of your investments, it's not necessarily because you invested too much. It may be that you don't have confidence in the target you chose, or the leverage you used is too risky and exceeds your tolerance.
In the past, when buying a house, the whole family had to empty all their savings, and might even have to borrow money to buy it, but they could still sleep peacefully.
There is no essential difference between real estate speculation and cryptocurrency speculation. As long as the leverage is too high, you will not be able to sleep, especially now.
10 top ideas to survive in the cryptocurrency world and make a lot of money, reminding all cryptocurrency traders to keep in mind:
These valuable pieces of advice, the crystallization of years of practical experience, deserve careful consideration and rigorous adherence. We hope they can help you avoid market pitfalls and steadily advance toward success.
These are my heartfelt advice from years of cryptocurrency trading, and every one of them is useful. However, the most difficult part is integrating knowledge with action. I hope everyone can remember these ironclad principles and ride the wave of the cryptocurrency world together!
In 2025, my assets reached eight figures. I would like to share some personal experiences, hoping to help you who are exploring this path.
First of all, I want to emphasize that a good attitude is more important than technology.
1. Fund Management:
If you have limited funds, you need to be more careful. Only take advantage of a single opportunity throughout the year to capitalize on a significant uptick. Don't always go all-in; keep a reserve of funds for emergencies.
2. Improve cognition:
Your returns are closely related to your level of understanding. Simulated trading can help you familiarize yourself with the market, but real money trading brings greater psychological pressure and challenges.
3. Take profits in time:
When there is good news, if you fail to sell on the same day, the next day's opening high is the best time to exit. Good news usually triggers a large amount of selling, causing prices to fall.
4. Holiday Strategy:
When a holiday approaches, reduce your positions in advance or simply avoid buying or selling. Market activity decreases during holidays, and market makers are more likely to take advantage of the low liquidity to manipulate the market.
5. Medium to long-term holding:
When investing in the medium to long term, ensure you have sufficient liquidity on hand. Selling when prices rise and buying more when prices fall will help you lower your costs and allow you to adjust your strategy flexibly.
6. Choose the best currency:
When trading short-term, choose currencies with high trading volume. Currencies with low liquidity may get you into trouble.
7. Understand market rules:
Markets often exhibit a pattern whereby slow declines are often followed by moderate recoveries, while sharp declines may be followed by rapid rebounds.
8. Strict stop-loss:
Once you find that the direction is reversed, you should stop loss immediately and don't harbor illusions about waiting for a return. Protecting the principal is the most important thing.
9. Use technical analysis tools:
For short-term traders, it is very important to frequently check the 15-minute candlestick chart and use indicators such as KDJ to find buying and selling points. It is also a good idea to pay attention to indicators such as MACD and RSI.
10. Focus on mastering a few skills:
You don't have to strive to master all technical analysis methods, just focus on a few that suit you best.
Rules for survival in the cryptocurrency market:
You can increase your position when there is a big drop in the morning, reduce your position when there is a big rise in the morning, only reduce your position when there is a big rise in the afternoon, buy the next day when there is a big drop in the afternoon, do not sell when the stock price drops in the morning, increase your position T+0 when the stock price drops, do not chase the rise in the afternoon, reduce your position T+1 when the stock price rises, look at 10 o'clock when the stock price rises in the morning, look at 2 o'clock when the stock price rises in the afternoon, sell at the highest point, if the currency is strong, it will be closed at 10 o'clock, if the currency is not strong, it will be closed at 2 o'clock, control your position and do not rely on luck, rolling operation is the best strategy.
Don’t short in a bull market, don’t go long in a bear market; don’t sell at a loss in a bull market, don’t chase gains in a bear market
1. Buying requires patience, selling requires determination, and holding requires confidence.
2. Buy when the price is rising and slightly falling; sell when the price is falling and slightly rising.
3. Buy in installments and you won’t lose money; buy all at once and you’ll lose more money.
4. If you hold the support level for a long time, you will lose it; if you attack the resistance level for a long time, you will break it.
5. Both bears and bulls can make money, but only the greedy ones cannot make money.
6. Eat until you are 80% full, and make 80% profit from business.
Unity of Knowledge and Action in Trading
Unity of knowledge and action, as the name suggests, means that your thoughts and ideas must be the same as your actions. In fact, this is very difficult to achieve. I often like to use this sentence to describe the contradiction in trading: the struggle between thoughts and actions.
If you can stick to this for a long time, it will be a breakthrough. In fact, many people analyze the market correctly and their analysis is very accurate, but why do they end up losing money on the orders they make? This is because your actions are different from your own thinking.
There's another situation where you can't predict the market, and your subjective opinion is very uncertain, so it's best not to place an order. Why? It's actually quite simple: when you don't even trust yourself, it's hard to do well. Many people start by taking a gamble or asking others for advice.
This reminds me of a quote from an investment friend: "Gambling is a mistake, and not gambling is missing out." While this statement certainly makes sense, I refuted it at the time. In this market, it's better to miss out than to make a mistake. Therefore, it's best not to gamble at this time—neither long nor short. Many people can't stop trading; they want to trade as long as the market is moving. This is a common problem. Therefore, the simple rule of "watch more, act less" has eliminated a large number of people.
If you keep placing orders, there are three types of people who like you very much (people from the exchange, people from the futures company, and your broker). I think the more times an investor trades in this market, the less time he will live. In comparison, it is harmful to both parties.
The above also includes a situation where you ask others for their opinions before placing an order when you're unsure. First, it's important to understand that this order isn't made based on your own subjective opinion, but it is your own decision. At this point, you might think, "Everyone else does it, so it shouldn't be a problem if I do it too." This is a serious problem; it's a world of difference. Why?
First, others often have a plan for what to do if a trade goes wrong, or when to take profit if it goes right. However, you don't have a clear strategy in mind, so once you encounter an unusual situation, you panic, unsure of where to begin. Even if you're right, do you know how to take profit? Subconsciously, you don't have a concept of taking profit. You only have a sense of when others will close their positions. And at this point, your own capital and positions, and your mindset, differ from others. Therefore, your strategies can be quite different. Some traders also make the mistake of asking others for their market views even though they already know their own. This can lead to the following undesirable consequences:
1. You and he have roughly the same views and directions.
2. The two people's ideas are completely inconsistent.
The former is fine, both parties can be complacent (but it will also encourage their greed), but the latter is troublesome. For example, when they feel that other people's analysis is more thorough and comprehensive than their own, they will begin to doubt their own judgment, and their thoughts will become a mess.
Trading at this time completely loses sight of the bigger picture and becomes very limited. Therefore, I personally believe that while discussing market trends is necessary, it depends on the situation. It's best to discuss mindset and past mistakes, rather than how to predict future market trends. I believe discussing market trends is meaningless, as who knows what the future holds?
Because what we need to do is not to predict how accurate the market is, but to decide what strategy to use when the market is unfavorable to us. When the market is favorable to us, making money is a natural thing.
Therefore, once you have a good strategy, you don’t need to be so worried and mysterious when analyzing the market. Personally, I think blindly predicting the market is an unrealistic behavior.
Three perspectives, ninety-nine essentials! The secrets of cryptocurrency trading that the big guys won’t tell you
It is no exaggeration to say that one day in the cryptocurrency world is like one year in the real world. Many people want to get on this accelerator, but risks and benefits coexist.
Lao Bo often receives messages in the backend: What should I do if this coin drops today? Should I sell that coin tomorrow? I feel the panic and confusion that comes with facing the unpredictable cryptocurrency market.
Today, Lao Bo will share some useful information with you from the three perspectives of information, technology, and mentality. It is very suitable for novices who have no idea about the cryptocurrency circle.
1. News
1. To win, you must find ways to collect first-hand information, and it is particularly important to analyze major consulting media in the circle.
2. Most media are business agents for big investors and also investment consultants for small investors.
3. Only by mastering the characteristics of different industries can you have the opportunity to make profits.
4. Buying stocks that are contrary to the opinions of experts is sometimes a unique way of speculation!
5. Before investing, you must make every effort to prepare, learn about financial knowledge and domestic and international financial and political trends, and detailed analysis of the team and implementation are key.
6. Buy or sell when the news comes out, and sell or buy when the news is confirmed.
7. Do your own research and judge the market conditions yourself, and don’t change your mind based on unconfirmed rumors.
8. If there is a problem with the team, there will be problems with the product. It is better to do less.
9. Any direct investment is professional investment, and professional investment requires professional knowledge as a basis.
10. Nine out of ten people who claim to have accurate predictions are losers.
11. If the news is inaccurate, you will lose. The most futile behavior is to try to guess the psychology of big investors and speculators.
12. When purchasing, you need to understand whether the relationship between the issuer's profit potential and the current market conditions is reasonable.
13. This circle is small, but it does not mean that there is no circle. It is very helpful to know a few big names.
14. Don’t let sudden news change your original intention to buy or sell.
15. When all good news comes out, it becomes bad news; when all bad news comes out, it becomes good news.
16. Institutional operations all have code words. For example, the order “232323” may mean shipping. Each institution is different, so it is necessary to study it.
17. Don’t join a small circle. If you join, you will only use your ears and brain.
18. The white paper does not contain specific content and R&D technical team, and the probability of it being a "fake coin" is over 80%.
19. Is the project open source? Generally, open source projects will be uploaded to GitHub. If not, you need to be careful.
2. Technology
20. Following the right coin is half the battle.
21. The tactics of large investors are often quite unexpected, deceiving less experienced traders to facilitate their own stock purchases and sales. You must accurately analyze the patterns of trading volume.
22. The timing of purchase is the most important part of virtual currency investment.
23. If the price falls back by more than one-third, the alarm will be sounded.
24. The three steps to rise: bottoming out – breakthrough – soaring!
25. The index has been updated for three consecutive days, but the trading volume has decreased successively, which may indicate a bad market outlook.
26. Long-term leading stocks will inevitably experience a sharp decline. If the decline exceeds 50%, the probability of a 30% increase in bottom-fishing is relatively high.
27. It is common for small and medium-sized investors to be trapped by large investors, so diversification of investments is crucial.
28. The rise and fall of the index is not random and is much simpler than the rules of lottery. Appropriate screenshot analysis is crucial!
29. Anyone who leads the rise will inevitably lead the decline.
30. Avoid too many changes in buying and selling. Don’t act rashly when you are hesitant. Respond to changes with constancy.
31. A surge in trading volume but stagnant prices is a signal that the market is nearing its peak. At this time, the best strategy is to run away.
32. The longer it hovers at a low level, the greater the upward range will be, and the probability of rising by 30% will reach more than 70%.
33. To judge whether it is growing or declining, we must look at the gap between it and the trend of the times. Policy is the biggest risk, but it is still necessary.
34. Trading volume is the pulse, which can show whether you are sick.
35. It is better to choose a good time than to choose what to buy. Knowing how to sell is a hundred times better than knowing how to buy.
36. Don’t put all your financial resources on one thing.
37. Never speculate because you think the price is low and the room for growth is large. You must know that once the market reverses, it will be difficult to sell and the price may drop by several times.
38. Buying stocks with slightly lower profit potential at a lower price may be more cost-effective than buying stocks with slightly better profitability.
39. Without sufficient experience, never engage in short selling transactions, as it is common to suffer bruises and black eyes.
40. Determining long-term investment goals and principles is the primary issue.
41. There is a traceable track in market fluctuations. If you master this track, you will be victorious in every battle.
42. The shrinking increase and declining trading volume are obvious signs that the top is approaching.
43. Experience shows that the duration of technical factor markets is generally shorter, about one-third of that of fundamental factor markets.
44. Preventing yourself from being stuck at high prices is the most important lesson for beginners, so it is crucial to practice at low prices.
45. If the stock should rise but doesn’t, you should be optimistic. If the stock should fall but doesn’t, you should be optimistic.
46. Fundamental analysis can tell you which coins have intrinsic beauty, while technical analysis tells you the best time to mine them.
47. Funds in the trading session always flow in the most favorable direction.
48. Low prices fluctuate more than high prices.
49. Buy when you can, sell when you should, stop when you must. Safety first, stability above all else. Rashness leads to loss, greed leads to poverty.
50. Short-term fluctuations in the market have nothing to do with long-term performance.
51. You must understand the "Sunday Theory". Many currencies are rising today.
52. You still have to buy a robot, after all, it reacts faster than the human brain.
53. The same coin may experience different price and band fluctuations in different exchanges. It is necessary to choose a good exchange.
54. New currencies are often the best choice for short-term trading.
55. It is best to configure a combination of international major currencies and altcoins.
56. Big coins fall sharply and are relatively stable, while altcoins fluctuate greatly and have more opportunities.
57. Try not to operate during rapid stretching.
58. It is best not to hold all the chips. It is best to hold half the chips or leave 1/3 of the chips to make up for the decline.
59. You must truly understand the operating conditions of the team or foundation, and if necessary, tell it to the person you think is the dumbest to hear their opinions.
60. Don’t buy too many popular stocks, because popular stocks tend to rise and fall quickly.
61. Don’t go all in on one currency; try to diversify your holdings.
62. Trading volume can show the changes in the situation. When the trading volume starts to increase, you should pay attention to it and either sell or take a profit.
63. What you hold must be sold sooner or later. If you don’t sell it, you are a stupid leek.
64. The highest price or lowest price during market changes will often become the top price or low price. Once this hurdle is passed, the price will either rocket or waterfall.
65. Following the trend means filling your wallet.
66. It is best to choose those that have good prospects but are not yet very popular and are easy to make money.
67. Experts usually make a plan with each step written clearly, and all that remains is to strictly follow the requirements.
68. The basic routine of institutions: five stages: building positions, testing the market, pulling up prices, washing out prices, and shipping out.
69. There are generally two possibilities for a sudden increase in volume. One is that the market makers are protecting the market, and the other is that institutions are going long. At this time, you should follow the trend.
70. Every time you go up a flight of stairs, you usually wash the dishes. If you get off the bus at this time, you may not be able to wait for the next bus.
71. It is not impossible to get rich in the cryptocurrency world with 10 yuan, luck is also the key.
72. When there is a big pullback, it is an opportunity to buy a little.
73. Don’t overestimate the IQ of big names. Many of their actions are just showing their low standards.
74. Before making small profits, proceed step by step and don’t play with large funds.
75. There are great risks in buying coins at high prices. Beginners should just pretend that the coins do not exist.
76. For beginners, don’t chase the rising prices. It is better to miss out than to rush in to get on board.
77. If the market cap is too small and the stock is only traded on one exchange, you should be cautious when participating.
78. If you are offered free membership at the beginning but are asked to pay various fees later on, this is basically a pyramid scheme and it is recommended that you do not join.
79. It has not yet been listed, but has increased many times during the fundraising period. It is recommended not to participate.
80. Moving bricks is a job with relatively low risk and easy to make money.
3. Mentality
81. Small profits often delay big market trends. Don’t let small changes confuse the big direction.
82. The person you can trust most at any time is yourself. It is crucial to walk your own way.
83. When you are hesitant, you should stop taking action, which means that the market situation is not yet clear.
84. Being one step ahead may guarantee victory.
85. There is no such thing as the price only rising and never falling, and there is no such thing as the price only falling. Opportunities always exist. The price in your mind is the key. There is no use in regretting.
86. Exercise to build a strong body so that your heart can withstand the impact of ups and downs.
87. The secret of why the price goes up as soon as you buy and as soon as you sell is that it is related to the trading of the traders, because the traders are constantly studying the psychology and behavior of the leeks every day.
88. Cryptocurrency speculation is all about numbers. Never establish a relationship with money. If you do, you will definitely lose money.
89. The market changes very quickly. It is normal for bullish positions to change within 10 minutes. You must keep a balanced mentality.
90. If you can’t stand being scared, you won’t get big. Courage, courage, and more courage.
91. The correct mindset is to patiently wait for the coins that have been built up on a large scale to become true blue chip stocks.
92. The mentality of being in a hurry to make money is a big taboo for those who participate in cryptocurrency speculation.
93. Remember that the power of compound interest is the greatest.
94. The definition of leeks is people who chase rising prices and sell when prices fall, believe in rumors, and have a restless mentality.
95. Do not use your financial resources to estimate the market, and do not let your determination be affected by how much you earn or lose. In this industry, everything you hold is wool.
96. You may be very successful in business, but there is no necessary connection between you and the cryptocurrency world.
97. Experience can cultivate inspiration, but inspiration cannot rely entirely on experience.
98. There is no free lunch. You must set a range of losses that you can afford.
The process of cryptocurrency speculation is the same, from seven losses to two draws and then to one profit. It is nothing more than being able to focus on one thing and not be greedy for various profit models. Firmly stick to this trading system, and over time this system will become your ATM.
Brother Xiaoyang only does real trading. The team still has positions to fill. Please hurry up. $BTC $ETH
