Mastering Crypto Trading: 10 Rules to Grow Wealth Slowly
Cryptocurrency trading doesn’t have to be complicated. By following a disciplined approach, even small investors can steadily grow their portfolios. Here are 10 key rules to guide your strategy:
1. Buy the Dip After Strong Declines – If a solid cryptocurrency drops for nine straight days near a high, consider entering.
2. Sell After Two Green Days – After two consecutive rises, reduce your position to lock in gains.
3. Watch for Pullbacks After Big Jumps – If a crypto surges over 7% in a day, expect a pullback soon.
4. Enter Only After a Downtrend Ends – Avoid catching falling knives; wait for stability.
5. Check for Low Volatility – If a crypto stays flat for three days, monitor for three more; if unchanged, reconsider your position.
6. Exit If Recovery Fails – If a crypto doesn’t reclaim its previous day’s loss, cut your position.
7. Follow Momentum Patterns – If three cryptos are rising, expect five; if five, expect seven. Buy dips after two up days, selling on the fifth.
8. Volume is Key – Low-volume breakouts need caution; high-volume stagnation signals an exit.
9. Trade Only Upward Trends – Use moving averages: 3-day (short-term), 30-day (mid-term), 80-day (major trend), 120-day (long-term).
10. Small Capital Can Still Win – Stay patient, rational, and execute strategies precisely.
Final Advice: Never trade crypto full-time or with borrowed funds. Consistency and discipline are your greatest assets.