After a crash comeback, a veteran in the crypto world shares: 6 iron rules you must learn to turn things around!
I am a full-time veteran trader, and I have been in the crypto space for 9 years. During these 9 years, I have adhered to my 6 'survival rules.' It's not too much to read them a hundred times; remember them, and you can avoid many detours!
Let me tell you about myself: I initially entered the market with a capital of 200,000, and after 3 years, I was left with only 10,000. Relatives and friends advised me to stop, saying I was a reckless gambler and unreliable. During that time, I really wanted to give up, I didn't even believe in myself.
But I was not willing to accept that! I swore to my family that I would make a comeback with this 10,000! I calmly researched and worked hard, and after 3 years, this 10,000 turned into 25.6 million!
Don't listen to empty words; as long as you find a method that suits you and strictly implement it, you can definitely turn things around!
Before discussing techniques, remember these 6 life-and-death trading iron rules:
1. Don't rush to sell when prices rise, and don't blindly buy the dip during corrections.
The market often doesn't behave as you expect. Don't think you've reached the top and prematurely cut losses, and don't blindly buy the dip during corrections. As long as the overall trend hasn't broken, you must hold firmly! #StablecoinBoom
2. Keep small positions, but don't skimp on diversification.
Many people with small positions act at will and repeatedly make mistakes. Risk control is the key to survival; positions must be carefully allocated and executed steadily!
3. When you find a good opportunity, don't put all your eggs in one basket. When you hesitate among several potential coins, never buy them all; don’t put all your eggs in one basket. The wrong coin may keep falling while the ones you didn't choose soar! #WhiteHouseDigitalAssetsReport
4. Long-term investment, don’t be bound by emotions.
Look at the fundamentals! The core is the sector, favorable news (halving, ETF, interest rate cuts, upgrades), don't let short-term fluctuations sway you.
5. Fear of highs guarantees suffering.
Not cutting losses during a downturn, and running away at the slightest rebound? That mindset is a death spiral. If you can't even hold during a small rise, what’s the point of entering?
6. Nobody is perfect, don’t be too hard on yourself.
Making mistakes is not scary; what's scary is falling into negative emotions and wavering in judgment. Maintain a good risk-reward ratio, strengthen your execution, if you can't afford to lose, you won’t be able to earn, don’t let emotions harm you! #TrumpMuskDisagreement
Don’t be confused; remember these rules, operate steadily, and success is not that far away!
Are you ready?
Turning things around is not a dream! You just need these 6 iron rules, so start using them now! #上市公司加密储备战略 #美SEC启动ProjectCrypto计划 #白宫数字资产报告