I'll speak plainly: If you want to survive in the crypto world, stop messing around with flashy indicators and just stick to these few 'stupid rules.' Even the big players will avoid you!
First, draw the dead line—if you hit these three rules, losing money for three years will be considered light:
First, chasing highs and cutting losses? Dream on! When the price of the coin skyrockets, jumping in just gives money to the big players. The real tough guys are the ones who quietly pick up cheap chips while others are scared and uninstalling apps.
Second, investing all your money in one coin? That’s suicidal! You need to keep cash on hand; otherwise, when prices crash, you can only watch others buy at the bottom with your eyes wide open. Remember, the feeling of 'buying the dip when others panic' can only be experienced if you keep some cash available.
Third, going all-in? That’s foolish! There are more opportunities than money; if you spend all your bullets at once, you can only worry later. Experts rely on position management to survive; if you're all-in, the big players will cut you down like harvesting chives.
Now here are six 'killer tactics'—this is the hardcore operation that can double your account, don’t talk to me about complex strategies:
When the market is sideways, don’t reach out randomly! Especially during a false breakout at high levels; if you go in, you’re just acting as a liquidity provider for the big players. Remember, sideways markets must change; wait for clear directions before making a move.
When a big bearish candle drops, don’t panic, you should smile! Reverse thinking is the real skill; when others are scared, you should be looking for opportunities.
The sharper the drop, the stronger the rebound. Next time you see a waterfall-like drop, don’t rush to cut losses; prepare a bag to collect profits from the rebound—that’s the right approach.
Building a pyramid position is the fundamental logic! Increase your position by 10% every time it drops by 10%, the cost gets lower and lower, the big players will start to doubt their lives—who is this? Clearly someone here to disrupt the market!
After a surge, when the market is sideways? Quickly withdraw your principal and let the profits fly! Don’t be greedy for those small fluctuations, be careful not to get trapped. After a crash, when the market is sideways? Don’t fantasize about a rebound; cut losses quickly, quicker than Bruce Lee's punches!
Finally, remember: Sideways markets are deadly! 80% of liquidations happen here. Feeling an itch to trade? Hold on! Not trading is the strongest move, got it?
I, Captain Hang, put it this way—the ones who can rise in the crypto world are never the gamblers making dozens of trades every day, but the tough guys who stick to these dead rules. Don’t call it stupid; being extremely stupid is tough, tough enough to make the big players afraid of you!