Want to turn around in the crypto world? First, understand these 9 'iron rules'! I made it from 60,000 to 40 million!
You may not believe in technology or look at indicators, but you absolutely cannot ignore these 9 iron rules of cryptocurrency trading.
I relied on them, starting with a minimum capital of 60,000, using the 'rolling warehouse strategy' to make several million, with one wave rising 400 times in 4 months, directly skyrocketing to 40 million!
Sounds like a joke? But behind this is my solid experience gained over 9 years and more than 3000 days and nights, suffering losses, enduring hardships, and fighting my way through!
9 iron rules of cryptocurrency trading: real knowledge that can help you turn the tables, no exaggeration, no negativity!
1⃣ Trend reversal signal recognition
In a downtrend, if there are suddenly 3 bullish candles? Most likely it's the starting point for a reversal! If you encounter small bearish candles during an uptrend, don't panic; as long as there are no consecutive declines, keep going!
2⃣ Volatility breakout prediction method
Price remains stable while volume increases? That's often the precursor to a big breakout! Wait for two bullish candles to exceed the previous bearish volume, that's the time to get in!
3⃣ Strong coin holding golden rule
If the daily line hasn't broken the rising moving average, hold on tight! Don't be misled by MACD or RSI; in the face of a trend, all indicators must take a back seat!
4⃣ White soldiers combination recognition
A medium bullish candle + two doji candles? The signal for an upward continuation is here! When you see this pattern, don't hesitate, go for it!
5⃣ Counterintuitive is the way to win
The market always deceives the majority! When everyone is shouting for a rise, it's usually the top; independent thinking and counter-strategy are the real skills!
6⃣ KDJ extreme judgment method
After a sharp drop, if the J line is less than -12? It indicates a quick rebound in the short term! Don't blindly catch the bottom; wait for it to take off before you make your move for safety!
7⃣ The secret of breakout bullish candles
When breaking out, if the turnover rate is around 8% = a healthy upward move! Too large or too small must guard against a pullback!
8⃣ Never go all in
Preserving capital is more important than making money! Keeping some reserve allows for turning the tables; going all in at once can lead to total loss!
9⃣ Stabilize your emotions
You didn't lose to the market, you lost to your own impulses and anxieties! The steadier your emotions, the steadier your account!
These 9 rules are not metaphysics, not brainwashing by masters; they are the hard-earned experiences I bought with real money!
Trading alone is gambling; trading with the right person is a strategy! You are not incapable; you just haven't found the right method yet!
Save this article, study it repeatedly; the crypto road is long, don't bump around aimlessly!
