Born in 1990, currently 35, with a net worth of 20 million
After working hard to get here, what I rely on is not talent, but seven iron rules.
They have accompanied me through bull and bear markets, helping me truly 'survive' in the crypto space.
Today, I won't talk about fluff, only practical advice.
① The best time to operate is after 9 PM
During the day, the news is chaotic, and the market behaves like a hyperactive teenager, fluctuating wildly.
I only take action after 9 PM - that's when the market is quieter and the direction is clearer.
② When you make money, take it off the table first
Many people like to fantasize about 'doubling their money in one go'.
I do the opposite: if I earn 1000 U, I immediately withdraw 300 U to my bank account and continue to operate with the rest.
Remember, profit counts only when it's in your hands; otherwise, if the market pulls back, it could all be for nothing.
③ Rely on indicators, not feelings
Making trades based on feelings = blind gambling.
I only look at three things:
MACD (Golden Cross / Death Cross)
RSI (Overbought / Oversold)
Bollinger Bands (Contraction / Breakout)
Only when at least two signals agree do I consider taking action.
④ Have stop-losses, use them flexibly
If you have time to monitor the market: raise the stop-loss to lock in profits. If you buy at 1000 and it rises to 1100, move the stop-loss to 1050.
If you don't have time to monitor: set a 3% hard stop-loss to prevent getting wiped out by sudden drops.
⑤ Withdraw profits weekly
Profits that aren't withdrawn are just a numbers game.
I consistently withdraw 30% every Friday, and let the rest continue to grow.
This habit has made my account increasingly robust.
⑥ Analyze charts with rhythm
Short-term: Watch the 1-hour chart; only dare to go long after two consecutive bullish candles.
Sideways: Switch to the 4-hour chart; wait until you approach a support level to enter.
Don't act rashly; wait for signals.
⑦ Avoid these pitfalls at all costs
Leverage ≤ 10x, beginners ≤ 5x.
Avoid cryptocurrencies like Dogecoin or Shitcoin, which are pure speculative assets; they rise quickly but fall faster.
Final note
Trading crypto is not gambling; it is a job.
Treat it like a job: operate on time, take breaks on time.
You will find that your money becomes steadier and more secure. $BTC
