Survival Mantra in the Crypto Market (Recommended to Review Repeatedly)

Having been in the crypto space for many years, I have summarized some life-saving experiences. Don’t underestimate these mantras; each one is a lesson learned from pitfalls and losses.

1. After a prolonged sideways movement, a big move is inevitable; prolonged stagnation will break

Sideways movement doesn’t mean there’s no trend; it’s the calm before the storm. Once a direction is chosen, it is often very intense.

2. Follow volume breakthroughs, wait for low-volume breakthroughs

Volume is the most genuine signal. A breakthrough without volume is often a trap for both bulls and bears.

3. News implementation will lead to volatility

Good news often leads to a drop first, while bad news might result in a rise; this kind of “reverse operation” is what market makers love to play with.

4. Sideways during the day, unusual movements at night

Especially during the US market hours, the main players prefer to strike at night. A dull market during the day in the domestic market can turn turbulent at night.

5. A rebound is inevitable after a significant drop, but the rebound may not recover the full loss

Don’t fantasize that one rebound can help you break even; many people fall victim to the hope of recovering losses.

6. A sharp spike is a signal

A deep spike often indicates a turning point. A long lower shadow at a key position is either meant to scare you away or the main players are washing their positions.

7. The market won’t easily let you break even

A true break-even often happens after you cut your losses. This is something almost everyone experiences.

8. Don’t fantasize about making back your losses from one trade

Holding on to a “one big bet” mentality is the starting point for most people’s liquidation. The market never shows mercy to impulsive people.

9. When you are greedy, excited, or impulsive, the market is watching your wallet

Loss of control over emotions is the source of losses. Calmness is the real strength.

10. Those who survive are not necessarily the most skilled, but those who can endure, wait, and dare to cut losses

The market is a survival game; in the end, those who remain are the ones with the right mindset and execution.