I use the dumbest cryptocurrency trading method, summarizing eight iron rules to increase the winning rate to as high as 90%

I have been in the crypto circle for 10 years, and these eight iron rules are a must-read before entering the market every day, allowing me to avoid losses during rounds of significant drops.

1. When entering the market, do not only look at the cryptocurrency K-line 'trends', especially for short-term trading; you also need to look at the 30-minute K-line. At the same time, the overall market must stabilize and resonate before you can proceed. For example, sometimes you see a K-line with a long upper shadow and feel there’s no opportunity, but the next day it shoots up or even hits the limit, actually, looking at the 30-minute K-line helps you understand the wonders within.

2. If the trend and order are not right, taking another look is making a mistake. You must follow the trend, and the order of the rise must not be broken.

3. If you are not in a hot spot or potential hot spot for short-term trading, it’s better not to trade at all.

4. Give up all impulsive entries. Trade your plan, plan your trades.

5. Anyone's opinions or views are merely references; you must have your own careful consideration and analysis.

6. First, lock in the direction, then select coins carefully. If the direction is right, you will achieve twice the result with half the effort; if the direction is wrong, you will achieve half the result with twice the effort.

7. Get involved with coins that are currently on the rise. Guessing the bottom is a big taboo, as you always feel a rebound is imminent, only to face a final shakeout. Stock prices always move towards areas of small resistance; getting involved with coins that are on the rise means choosing a direction with less resistance.

8. After significant profits or losses, empty your positions and re-evaluate the market and yourself. Clarify the reasons for the big profits or losses before making your next move.

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