Three Iron Rules
Refuse to chase highs, calmness is key: When the market is all frenzy and everyone is rushing in, we must stay clear-headed and not let FOMO emotions take control. While others are scrambling to enter, you should take a step back, wait for the market to panic and drop, and when everyone is in a hurry to sell, that's when we quietly enter the market. This is the skillful operation of ambushing at low positions; buying at high positions is just foolish!
Be flexible in your operations, refuse heavy positions: The market in the crypto world changes faster than a change of face, so never bet all your assets at once; heavy positions are like shackling yourself. Give yourself some room to maneuver; opportunities are endless, and don’t hang all your hopes on one tree.
Stay away from full positions, diversification is key: Being fully invested is a surefire way to behave like a novice, blocking all your escape routes, and the risk is immense. There are countless opportunities in the market; spreading out your positions is taking responsibility for your funds, allowing you to move steadily and far.
Key Tips
During consolidation, hold steady and don’t be reckless: When the coin price is consolidating, you must remain patient. Many people cannot endure the loneliness of consolidation and act hastily, resulting in disastrous losses. The consolidation period tests patience the most; as long as you can hold steady, profits will eventually be yours.
Focus on key intervals and seize major trends: If the coin price has been consolidating at high or low levels for a long time, it often signals that a major trend is about to emerge. At this time, don’t rush to act; patiently wait for opportunities, and when the opportunity arises, act decisively.
Building positions like stacking a pyramid, steady and methodical: When building positions, you must not be too greedy, thinking you can get rich in one go. You should enter in batches slowly, with lighter positions as you go further in, just like stacking a pyramid. This way, you can spread out the risk, maintain a steady mindset while trading, and only by staying calm can you earn big money.
Adapt to the market and adjust strategies: When the market is experiencing wild fluctuations, don’t lose your composure. When prices rise to high points, don’t invest heavily; when prices drop to low points, don’t blindly buy the dip. Always follow the rhythm of the market, and never let emotions dictate your actions; rationality is essential for long-term survival in the crypto world.
