💰 From 10,000 to 1,000,000, the 9 survival rules I have learned in the cryptocurrency world
In the cryptocurrency world, going from 10,000 to 1,000,000 is not about luck, but about method.
Through countless practical experiences and lessons, I have distilled 9 pieces of advice for you:
1️⃣ Don't be greedy with small funds
If you have less than 100,000, don't think about trading every day. Catching one big market movement a day is enough; sharpening the knife does not delay the work of cutting wood.
2️⃣ Positive news is a selling point
If you haven't sold on the day significant positive news comes out, be decisive to sell at the high opening the next day! Remember: positive news often indicates a peak.
3️⃣ Key moments are crucial
Before holidays or major news, reduce your positions or go to cash, and follow once the direction is clear, ensuring profit without loss.
4️⃣ Start with a light position for the medium to long term
Don't go all in right away; leave some room for flexibility to adjust, which will allow you to go further.
5️⃣ Quick in and out for short-term trading
Short-term trading is a lightning war. If you see a good opportunity, take it; if not, run away. Don't hesitate and get trapped.
6️⃣ Go with the trend, don't go against it
Sometimes the market moves as slowly as a snail, and sometimes as fast as lightning; what you need to do is follow the rhythm, not fight against the market.
7️⃣ Cut losses when wrong, stop-loss is life
If you misjudge the position, stop-loss immediately; don't hold on stubbornly. Remember, stopping losses is not admitting defeat, but protecting your capital.
8️⃣ 15-minute K-line is a powerful tool
For short-term trading, you must keep an eye on the 15-minute K-line, combined with the KDJ indicator, which can help you catch the best entry point.
9️⃣ Mindset is the most expensive chip
The cryptocurrency market is volatile; don't let short-term fluctuations break your mindset. Stay calm and stable to reach the end.
📌 In summary: The cryptocurrency world is not a casino; it's about execution and mindset. Master these 9 rules, and you are just one execution away from your first 1,000,000.
