In the cryptocurrency world, you will never earn money beyond your understanding.
I am 36 years old this year, and I entered the cryptocurrency market 6 years ago with a principal of 150,000. At my worst, my funds dropped to only 50,000; at my best, I managed to achieve a 400-fold increase in just 4 months, with a single profit exceeding 40 million. Many people only see the results, but ignore the 2190 days of full-time honing and countless reflections behind it.
My experience is: mindset is more important than technique.
Investing is not a sprint, but a marathon. When opportunities arise, do you dare to take the plunge? Can you maintain your composure during the lows? These are often more critical than indicators and moving averages.
My 10 rules for survival
Position management: Never go all in; keep some bullets to seize the real market opportunities.
Cognitive improvement: Simulated trading cannot train your mindset; real trading is the true classroom.
Take profits: When gains are realized, you should exit; don’t fantasize that "it can go higher."
Rhythm control: Trade lightly or stay out before holidays to avoid liquidity traps.
Mid to long-term mindset: Maintain cash flow, reduce positions at highs and add at lows to lower costs.
Short-term principles: Only trade top coins; avoid coins with poor liquidity.
Market rules: Slow declines often lead to gentle rebounds, while sharp declines may result in rapid corrections.
Stick to stop losses: If the direction is wrong, exit immediately; without protecting your principal, nothing else matters.
Technical application: For short-term trading, focus on 15-minute candlestick charts and a few indicators (KDJ, MACD will suffice).
Focus on a system: Don’t learn a little here and a little there; mastering one complete system provides stability.
Final thoughts
The cryptocurrency world is a game of "seven losses, two breakevens, and one profit"; most people fail due to mindset and execution. True wealth comes from the unity of knowledge and action: cognition determines the pattern, and execution determines the result.
Opportunities will always arise, but only those who are prepared can seize them.
Want to succeed? Then don’t venture alone into the unknown risks of the cryptocurrency world; follow Ah Er's trading approach and find a trading system that suits you!!!
