“Another novice chasing highs has been cut to tears”——I just brushed past this dynamic and almost spilled my coffee on the keyboard. It's not that I'm gloating, but this scene is too familiar, familiar enough to remind me of myself seven years ago, squatting in an internet café, eating instant noodles, staring at my account balance drop from six digits to two.
Don't laugh, who hasn't dreamt of 'getting rich quick' when they first entered the crypto circle? Back in the day, I rushed in with three years' worth of startup funds, listening to 'community big shots' saying that some asset would double, going all in, and when I saw someone shouting 'inside information' on the forum, I chased the rise. As a result, in just six months, three accounts were successively 'cleared.' At my worst, I had to carefully budget even the money for my girlfriend's milk tea, and I once doubted whether the market was grinding me into the ground.
I finally understood: the crypto circle has never been a 'guessing game' casino, but rather a training ground for 'anti-human nature.' The money earned by luck will eventually be lost by skill. Now I can sit steadily on my fishing boat amidst the ups and downs of the market, all thanks to these 6 'life-saving rules' forged with real money—each one has pulled me back from the edge of the cliff when I was on the verge of exiting.
Rule One: Chase the 'hot money,' not the 'hot mouths'; capital is the hard currency.
Is there still anyone who believes in 'community insider news'? Wake up! Those shouting 'must rise' are either shills for cutting leeks or half-baked individuals who don’t even understand it themselves. What I look at when choosing targets now is one thing: the recent gainers list. Assets that can sustain abnormal movements and remain at the forefront of gains within half a month must have real money backing them; this is more reliable than any 'big shot recommendation.' Putting these targets into the watchlist is equivalent to putting the 'main force's direction' in your pocket.
Rule Two: Move when the monthly line gives a 'golden signal'; counter-trend buying is asking for trouble.
The most common mistake newcomers make is shouting 'buy the dip' when they see an asset drop, only to end up buying halfway down the mountain. I used to be superstitious; I rushed in when the monthly indicators were still in a 'death cross' state and ended up being rubbed on the ground for three months. Later, I figured out the trick: a real big market trend must wait for the 'golden signal' (MACD golden cross) on the monthly chart to be reliable. When the trend is not on your side, stifling the urge is not cowardice; it's about survival.
Rule Three: The 60-day line is the 'safety line'; don’t be impatient if it hasn’t hit the target.
The most common thing I tell newcomers around me is: “If you can't find a buying point, look at the 60-day line.” This line is the 'bottom line' for the main forces and also our 'safety net.' Only when the asset price approaches the 60-day line and the trading volume starts to increase is it a good time to enter—this indicates the main force is supporting the bottom, and the risk is minimized. Those who rush to enter without even touching the 60-day line are no different from crossing the road with their eyes closed.
Rule Four: If the line breaks, run without hesitation; profit waits for no one.
Making money is actually not difficult; the hard part is 'holding onto profits.' I've seen too many people who, when the price rises, hope for a bit more, and when it falls, hope for a rebound, resulting in good profits turning into losses. My rule is: as long as it breaks a key moving average, regardless of how painful it feels at that moment, click the mouse and leave immediately. Remember, in the crypto circle, preserving profits is more important than earning more profits.
Rule Five: Take profits in segments like 'eating a cake,' don't think about swallowing it all in one bite.
'Greed' is the number one taboo in the crypto circle. My current profit-taking strategy is particularly 'dumb' but effective: when the asset rises by 30%, immediately reduce half of the position and take back the principal; if it rises to 50%, further reduce half, and even if the remaining position drops back, it won’t incur a loss. Those who always think 'I’ll wait to sell when it reaches 100%' often end up with nothing but crumbs of cake. The market never shows mercy to greedy people.
Rule Six: If the 60-day line breaks, 'liquidate and leave'; survival is key to opportunities.
This last rule is my 'life-and-death line': once the asset price falls below the 60-day line, regardless of any 'rebound expectations' or 'averaging down opportunities,' immediately liquidate and leave not a single cent behind. I've seen too many people who, after breaking down, always think 'just wait a bit for a rebound,' and end up getting deeper and deeper into a hole, ultimately being completely eliminated by the market. There are plenty of opportunities in the crypto circle, but the prerequisite is that you must survive to wait for them.
To be honest, none of these 6 rules are 'high-tech'; they even seem a bit 'earthy,' but I dare say that even 10% of people can strictly execute them. Many people always think about finding 'shortcuts' and 'secrets,' forgetting the most core logic of the crypto circle: it's not about who earns faster, but who survives longer.
If you are still struggling in the crypto circle, getting cut by leeks from time to time, you might as well write down these 6 rules and stick them next to your computer. Next time you think about impulsively entering the market, take a look at these 'life-saving charms' first.
After all, in the crypto circle, keeping calm and following the rules is more important than anything else. Are you ready to say goodbye to the 'get-rich fantasy'? Follow Ming Ge to learn more first-hand information and precise points in the crypto circle; learning is your greatest wealth! #加密市场回调 $ETH
