《Can't make a million in a crypto cycle? These 10 hard-learned rules will transform you!》
One principle: earn 100 first before showing off, okay!
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A survival guide exchanged with a million tuition by veterans in the crypto world, read this to avoid 3 years of detours!
🔥 10 Life-saving Rules 🔥
1️⃣ Less capital means be more stable! Catching a 20% rise once a year is 10 times better than losing 50% every day (keeping 30% cash for re-entry is the way to go)
2️⃣ Understanding determines profits! If you don't understand a coin, treat it as if it doesn't exist, simulating a profit of 1 million does not equal making 10,000 in real trading (real money will make you nervous!)
3️⃣ Good news is bad news! Not running on the day the news is released? A high opening the next day is your last escape route (the market maker is just waiting for you to take the bait)
4️⃣ Must reduce positions before holidays! Liquidity dries up during holidays, a single piece of news can halve your account (must clear 50% of positions a week before Spring Festival/Golden Week)
5️⃣ Mid to long-term golden rule: add 10% to your position every 10% drop, reduce 20% for every 20% rise (the more you average down, the lower your cost, never fear being trapped)
6️⃣ Short-term only play leading coins! Coins with daily trading volume < 100 million USD are to be avoided (you buy at diamond price, sell at cabbage price)
7️⃣ Rules of a crash: a 3-month decline = slowly rising back; a 30% flash crash = rebound opportunity (but remember: bottom fishing should be like guerrilla warfare, quick in and out)
8️⃣ Stop-loss should be as natural as breathing! Cut losses immediately if they exceed 10% (waiting to recover? The market maker specializes in killing stubborn investors)
9️⃣ Short-term tool: 15-minute KDJ + MACD double kill (sell when KDJ exceeds 80, buy when below 20, MACD confirms the trend)
🔟 Quality over quantity in technicals! Mastering KDJ = unlocking the money-making secret (too many indicators are like having too many girlfriends, you will crash sooner or later)
💡 Ultimate mindset:
"Those who can hold cash are the ancestors of trading"
"Earn coins in a bull market, make money in a bear market"
"Resisting the urge to trade = saving your life"
(If you haven't improved after reading this, it's recommended to exit the crypto world for safety)
