Many people study various indicators and mysterious strategies every day, but they still end up getting beaten by the market makers. Those who really survive often rely not on flashy tricks, but on a few 'dead rules'.
I have always told my brothers that the secret to getting rich in the cryptocurrency circle lies in the simplest methods. How simple? Simple to the extent that even market makers fear you will learn it.
First, let me mention three taboos. Breaking one of them is enough for you to lose money for three years:
First, never chase the market or sell at a loss. When the price of a coin skyrockets, the retail investors are the most excited, and they are just giving money to the market makers. The real tough ones are those who quietly pick up chips when others are collapsing and closing their apps.
Secondly, don’t go all-in on a single coin. Keeping some cash on hand gives you confidence; when it breaches the earth’s core, you’ll know what it feels like to have the 'others panic, I buy the dip' joy.
Thirdly, don't go all-in. Opportunities are far more than money; if you shoot all your bullets at once, you can only stare blankly afterward. Experts survive to the end through position management.
Let's talk about six 'killer moves', this is the technique that doubles your account:
A sideways market will eventually change; don’t reach out randomly, especially during false breakouts at high positions, going in is just giving away money.
A big bearish candle is a gift; while others panic, you should smile, because contrary thinking is the real deal.
The sharper the crash, the stronger the rebound; don’t be afraid when you see a waterfall next time, prepare your bags.
Building a position like a pyramid is the true bottom logic; add 10% for every 10% drop, so much that even the big players doubt their lives.
A sideways market after a surge is a trap; don’t be greedy, withdraw your principal and let the profits fly; don’t fantasize in a sideways market after a crash, decisively cut losses and act swiftly like Bruce Lee.
Finally, remember that a sideways market is a killing zone; 80% of liquidations happen here. Feeling itchy to operate? Restrain yourself; that is the strongest move.
Sounds foolish, right? But precisely because it’s foolish, it’s simple; and because it’s simple, it’s deadly.
The ones who truly succeed are not those gamblers who place dozens of bets every day, but those who are willing to adhere to these few strict rules.$BTC $ETH