1. Small capital, don’t be greedy
With a capital of less than 100,000, catching one decent market wave in a day is enough! Don’t keep buying and selling all day; the fees can drain you. Remember: market opportunities come to those who wait, not those who force it.
2. Good news is out, run quickly
There’s an iron rule in the crypto world - when good news comes out, the market maker sells! For example, if a sudden announcement is made about being listed on Binance, and you didn’t sell that day? The next day it opens high and then drops; don’t hesitate, those who run late will be left holding the bag!
3. Reduce positions before major events
When encountering major events like the Federal Reserve interest rate hike or Bitcoin ETF approval, reduce positions or even go to cash in advance. Wait until the market stabilizes before entering; don’t gamble on direction, we only eat the fish body, not the head or tail.
4. Don’t go all in for mid to long term
Playing mid to long term? Don’t let your position exceed 20%, keep enough money for averaging down. The crypto market is highly volatile; a full position can get wiped out with just one correction, dying faster than a leek!
5. Short-term trades must be quick, accurate, and ruthless
Short-term trading is about seizing money! When the market comes, you must enter within 3 minutes, run after earning 2%, and cut losses after losing 1%. Coins that show no movement after a long time? Just pass, don’t waste your feelings!
6. Slow rise, slow fall; fast rise, fast fall
Crypto prices rise slowly, and corrections are also slow; sudden violent surges? The sell-off is just as fast! Don’t chase high prices; wait for a pullback to enter; otherwise, you’ll learn the hard way in no time.
7. Cut losses quickly, don’t hold on
Wrong direction? Cut losses quickly! Don’t think 'let’s wait a bit for it to come back'; the crypto market is notorious for punishing stubbornness. Holding on will just lead to liquidation. Remember: cutting losses is a lifesaver; you need to stay alive to turn it around!
8. 15-minute K-line + KDJ
For short-term trading, look at the 15-minute chart; KDJ golden cross + volume breakout is the opportunity. If a top divergence appears? Don’t be greedy, sell half first, and set a stop loss for the rest.
9. Mindset determines life and death
In the crypto world, one day is like a year in the human world. Don’t get carried away with surges, and don’t panic with drops. Set a maximum daily loss (for example, 5%), and shut down if it hits. Losing control of emotions? Take a break for a few days; the market is always there, but if your capital is gone, it’s really gone!
Summary: Making money in the crypto world = 30% skill + 20% luck + 50% mindset. Don’t think about getting rich overnight; steady progress and compound interest are the way!