Want to make money with cryptocurrency trading? Remember these 6 iron rules to avoid three years of detours!

The crypto world is not short of opportunities, but lacks the right mindset and discipline. Without a clear direction, you can only work hard in vain. If you want to survive in this market for a long time, remember these 6 experiences; they can truly help you avoid a lot of unnecessary losses.

First rule: Only buy strong coins, don’t buy blindly.

Which coins are worth buying? The simplest trick is to look at the 60-day moving average. If the price is above the average, and there's an upward trend, then you can buy, or even increase your position. If it’s going down? Don’t hesitate, get out quickly, don’t stubbornly fight against a downward trend.

Second rule: Don’t chase after a sharp rise, it's easy to be stuck.

If a coin has risen more than 50% in a short time, don’t impulsively jump in. Entering at this time can easily leave you trapped at the peak. The real opportunity is to buy low when others are afraid to buy, not to rush in just because of the hype.

Third rule: If you can see “accumulation,” you’ve already won half the battle.

Before a big rise, the coin price often oscillates within a 10%-20% range with low volume. Do you see this pattern? Congratulations, slowly accumulate some chips at the lower levels, and you might catch a wave of upward momentum.

Fourth rule: Don’t hesitate when a hot trend emerges.

Whenever a new concept explodes in the market, like the recent AI, re-staking, L2, as soon as the news comes out, those who followed institutions into the market a few days ago will generally benefit. Remember, the first few days after a hot trend emerges are the golden window period.

Fifth rule: In a bear market, just lay low.

When the market is bad, don’t think about frequent trading. The more you do, the more mistakes you make. The best strategy in a bear market is to preserve your capital, observe more, and just endure; surviving is victory.

Sixth rule: Review weekly; strategy is more important than luck.

Trading is not about feelings; it's about a system. Take some time each week to review your trades, see which decisions were reliable and which need adjustments. If you have the right direction, it’s possible to go far.

Markets fluctuate, but these iron rules never go out of style. Trading is not about effort; it’s about mindset.

Remember these 6 rules to avoid three years of detours.

If you're currently confused about trading, you can follow the steps of the expert.