A monthly salary of 3,000 and still want to rely on cryptocurrency assets to make a comeback? Don't laugh! I've seen too many people turn 5,000 into 10 times in a year, and I've also seen someone lose 100,000 to the point of eating instant noodles. The key is not how much money you have, but whether you understand the rules of 'survival and making money'!
Hello everyone, I am Wei Ge, a cryptocurrency analyst who has been monitoring the market for 8 years. From an initial capital of 8,000 to an annual income of a million, the pitfalls I've encountered could fill a mountain, and the money earned is all from 'not being greedy, not being rushed, and not being chaotic'! Today, I will share 8 critical survival lines, each one carries my blood and tears lessons, worth 10 times more than those 'motivational strategies' found online. If you want to stay in this circle for the long term, hurry up and engrave it into your DNA!
1. Strong assets have a '9-day turning point death line.'
Real quality assets will definitely show signals after falling for 9 consecutive days at a high —— either they will rebound or they will drop deeply! In 2021, I used this strategy to bottom-fish SOL, making a 38% profit in 3 days; but last year, a follower didn’t heed my advice, and after ETH fell for 9 days, he added to his position, directly getting trapped from 1800 down to 1200, coming to me in tears asking what to do. I could only say, 'If only you had listened to the rules, you would have avoided stepping on landmines!' Remember: 9 days is the 'emotional critical point' for strong assets; don’t go against the trend.
2. 'Two consecutive bullish days must reduce positions': greed is the ancestor of losses.
For any asset that has risen for two consecutive days, first cut 30% of your position to secure profits! I've seen too many people who made 20% and wanted to wait for it to double, only for the third day to pull back directly, with all profits flying away and even losing principal. Money in the crypto world is like sand; the tighter you grip it, the faster it leaks —— what you secure is yours; what you haven't obtained is all 'paper wealth.' Don't be the fool who 'earns small amounts but loses big amounts!'
3. A single-day surge of 7%+? Don't rush to chase, wait for a pullback.
If a certain asset rises more than 7% in a day, and the trading volume doesn't collapse, there is a high probability of further upward movement the next day —— but absolutely do not chase the high! In 2023, I operated AVAX by placing my order 1% below the previous day's high, waiting for a pullback, and made a 52% profit in 4 days. Those who rush in when they see a surge are essentially delivering heads to the main players. Don't you ask yourself: why should good fortune come to you?
4. Bullish assets: a pullback is a signal to enter.
Real long-term bullish assets will never just keep rising! For example, BTC in 2020, every time it pulled back to the 30-day line, I would enter, saving so much cost compared to chasing highs! I know someone who chased BTC at 60,000 and is still trapped now; while I entered at a pullback of 40,000, doubling my investment and running away comfortably, earning effortlessly. Remember: bullish coins are like good girls; worth the wait, don't rush to 'confess' at once.
5. Assets that have been sideways for 3 days? Hurry up and blacklist!
Assets that fluctuate no more than 2% for 3 consecutive days are like a scumbag who doesn't reply to messages —— tasteless to eat and a pity to discard, wasting time! I once fell into this pit, holding a coin that was sideways for 10 days, while others' assets doubled, and mine was still swaying in place, ultimately having to cut losses to exit. The most valuable thing in the crypto world is time cost; don’t waste your energy on 'lay-flat players.'
6. 'Next day break-even line': the stop-loss rule that saves your life.
On the day of entry, if you can't cover the previous day's costs + fees the next day, exit immediately! Don't hold onto the fantasy of 'just wait a little longer'; in the crypto world, 'waiting' often means 'getting trapped.' In 2022, I fell into a pit with a certain well-known asset (didn't exit in time), and since then, I've never dared to violate this rule, raising my win rate from 60% to 90%. Remember: As long as the green mountains remain, you need not worry about firewood. Don't let small losses lead to big ones.
7. '357 rhythm' on the rise list: follow the trend to profit.
Once an asset breaks into the top three of the rise list, it usually can hold until the 5th day; if it's still on the list by the 5th day, it likely can last until the 7th day —— reduce positions according to the rhythm, don’t panic when it drops! Last year I operated APT, moving from 10 to 18, perfectly capturing the rise. Those who don't understand the rhythm either sell early and miss out or sell late and get trapped, all because they didn't grasp the market's 'temperament.'
8. Trading volume = soul: if you don’t understand it, don’t enter the market.
Low-volume breakout = golden opportunity (indicating capital entry), high-volume no increase = danger signal (indicating capital fleeing)! I've seen too many people misunderstand trading volume, mistaking high-volume sell-offs for entry signals, and they end up doubting their lives. Remember: Prices can deceive, but trading volume cannot. Not understanding trading volume is just like blindly crossing the street!
Lastly, let me say something heartfelt: the people who make big money in the crypto world are never the ones who dare to gamble the most, but the ones who know how to 'endure' and 'wait.' When I first started, my capital was only 8,000, and relying on these rules above, I multiplied it by 12 times in the first year and stabilized my annual income at a million in the fifth year. Small capital is not a sin; blind trading is!
