Five years of trading cryptocurrencies, I have turned the fluctuating candlestick charts into a stable "withdrawal certificate"—full-time trading not only supports my family's livelihood but also enabled me to acquire a house and a car in Shenzhen, accumulating tangible assets and savings. Over the past few years, I have tried long-term steadiness, short-term sharpness, and flexible swing trading, ultimately distilling a set of survival rules that I keep on my desk, constantly calibrating my trading mindset.
The core of trading is never about predicting market trends, but rather the dual pursuit of mindset and execution. Risk management is the lifeline; even with abundant capital, a safety cushion must be built. Accurately grasping a major upward trend once a year is enough to cover annual expenses, and full-margin gambling is never on my trading list. Depth of understanding determines the height of returns: simulated trading practices operational logic, while real trading hones resilience under pressure, only the real money game understands the taste of "pressure like a tide."
Take profits and cut losses quickly and accurately: if good news is released and you haven't exited on the same day, the next day's high opening is the best profit-taking window because the market is never short of "good news turning bad" reversals; when direction judgment is wrong, never cling to the fantasy of recovering losses; preserving capital is the only way to have fighting power.
Choosing coins and timing hides the profit password: for short-term trading, only focus on actively traded hot sectors, while coins with poor liquidity are traps; for medium to long-term trading, sufficient liquid capital must be reserved, reducing positions in increments when prices rise and reasonably adding positions when they fall, so as to average out costs effortlessly. During holidays, one should temper their brilliance, as low liquidity periods make it easy for manipulators to control the market; reducing positions is the safer choice.
On the technical side, there's no need to be greedy; closely monitor the 15-minute candlestick chart, paired with the two "old partners" KDJ and MACD is sufficient. In a bull market, do not cling to short positions; in a bear market, do not cling to long positions. Reduce positions when prices are high and add positions when they are low. These seemingly simple principles are challenging in the unity of knowledge and action—never follow the trend and place orders when uncertain; it is better to miss out than to make mistakes. The cryptocurrency market is never short of opportunities; what it lacks is the patience to settle down.
Trading cryptocurrencies is never a gamble of luck but a practice of keeping a respectful heart to maintain bottom lines and cultivating skills through diligent study. By adhering to principles and enduring volatility, one can steadily profit from the cycles of candlestick rises and falls. @bit雅
