The crypto world is a battlefield without night; some become millionaires overnight, while others go to zero in an instant. But what truly determines your fate is not market fluctuations, but which stage you're in.
I've been in the crypto world for over a decade. When I first entered, I lost a lot; there were ups and downs along the way, but now I rely on crypto to support my family.
1. If the market crashes and the coins you hold haven't dropped much, it means there are market makers supporting the price. Hold on to such coins, there will definitely be profits later!
2. New traders please remember to gather more macro information. For short-term trading, look at the 15-minute chart; if the price is above the line, hold on; if it breaks below, run quickly. For medium-term, focus on the daily chart, the same logic applies. Don't get caught up in flashy strategies; once you are certain, act decisively!
3. If you've bought a coin that hasn't moved for three days, quickly switch to the next one. If it drops after you buy, and you lose 5%, don't hesitate—cut your losses immediately!
4. If a coin has been halved from its peak and has been continuously declining for nine days, it has likely reached its bottom, and a rebound is imminent. Now is the time to get in decisively!
5. When trading coins, you must chase the leading ones; they rise the fastest and are also the most resilient to declines. Don't be afraid to buy just because the price is high, and don't catch falling knives just because the price has dropped significantly. Leading coins are meant to be chased for gains and cut losses!
6. Stop thinking about bottom fishing; coins in decline are like jumping off a building—there's no bottom. If you need to cut your losses, then do so. Following the trend is the way to go. Buying isn't about getting the lowest price, but about timing!
7. Don't get carried away just because you've made some money. It's easy to make a profit once, but it's hard to make money consistently. After every profit, reflect on whether you were skilled or just lucky. Creating your own trading strategy is the key!
8. If you’re unsure, stay in cash. Being in cash is not embarrassing; losing money is. Remember, you are here to protect your capital, not to be a gambling god! Trading is not about speed; it's about success rates and risk-reward ratios!
9. In the early stages of a new coin, optimism attracts investors, bringing in a lot of capital, increasing demand, and driving up prices. However, this influx may lack solid fundamental support, and once market sentiment changes, rapid capital outflow can lead to a price crash.
Playing in the crypto market is essentially a battle between retail investors and market makers. If you don't have cutting-edge news or first-hand information, you can only be cut out! Those who want to collaborate in planning and harvesting from the market makers can come find me.
$BTC $SOL
