Haven't made a million in a year of trading crypto? You may have been wrong from the start!
Survival rules summarized by a 10-year veteran, each point hits the pain, every word is a lifesaver:
🔥 1. Don't be greedy with small capital; catching one big wave is enough to win.
Don't force it every day with under 200,000; riding a wave of a main uptrend is far better than random aggressive plays.
🔥 2. Practice your mind before stepping in; the demo account is a gold mine for trial and error.
What you stake is real money, so build your foundation with a demo account; don't risk losing right from the start.
🔥 3. Good news is often short-lived; if it opens high the next day, get out immediately.
Waiting for the market to show its hand is too late; smart people exit early.
🔥 4. Holidays are a minefield; light positions are your lifeline.
Holidays often trap people; no dream is worth more than the reality that hits you.
🔥 5. Mid-term relies on rolling; cash is your ammunition depot.
Buy low and sell high repeatedly; don't fantasize about instant success.
🔥 6. Hot coins need high volume; avoid cold coins.
If the market isn’t hot, your enthusiasm is useless; follow the big players for success.
🔥 7. A crashing coin has the potential for a surge.
The faster it drops, the stronger it rebounds. Slow drops and slow rises waste time.
🔥 8. Stop-loss is a lifesaver; holding on is suicide.
Admitting mistakes is not shameful; holding onto losing positions leads to severe losses.
🔥 9. For short-term trades, look at 15-minute candlesticks + KDJ.
Precise rhythm allows you to buy at lows and sell at highs.
🔥 10. It’s not about having many tricks; mastering one move allows you to dominate.
Don’t learn flashy tricks; perfect one move to succeed everywhere.
Ultimate warning: Trading crypto is not about passion; it’s about strategy, rhythm, and execution. Remember these 10 rules, and at least you won’t continue to be a lamb for the slaughter!