In cryptocurrency trading, the roughest methods often work best.
But on this path, 90% of people give up halfway.
To be honest, I've seen plenty of people get liquidated, cut losses, and run away in despair over the years,
it's not that they lack ability, but they fall into three traps:
First is chasing the price up and selling down.
When the price skyrockets, they get greedy, thinking, 'This wave is definitely going to soar,' only to get stuck after going all in,
when panic selling happens, no one dares to step in.
Only those who can engrain 'buy when it drops' into their DNA are truly chewing on the meat of the cycle.
Second is putting all bets on one tree.
Thinking that if the direction is right, going all in will make them rich, but when the main players fake a move and throw in a few needles, they get wiped out.
Third is going all in without flexibility.
When emotions run high, they go all in, even if the trend seems right,
it's impossible to adjust positions flexibly, and they can only watch opportunities slip away, banging their thighs in frustration.
Ultimately, the harshest reality in crypto circles is:
You're not failing due to market conditions, but due to your own bad habits.
I've summarized a set of 'six characters' for short-term trading; the simpler the principle, the less people take it seriously:
1. If high-level consolidation isn't over, new highs are likely still ahead; if low-level horizontal trading hasn't bottomed out, it's easy to see new lows. Don't act before a market change.
2. If the market is in sideways trading, absolutely do not enter. Most people run out of patience in volatility.
3. Buy when the daily line closes negative and sell when it closes positive. Following market sentiment is a hundred times better than overthinking.
4. Slow declines lead to lower rebounds; fast declines lead to sharp rebounds. Understanding market rhythm allows you to seize opportunities.
5. Build positions like a pyramid, enter in batches, and always keep some bullets in reserve.
6. After significant rises or falls, there will always be consolidation, and after consolidation, there will definitely be a market change. Don't go all in at highs, and don't go all in at lows; determine your fate after signals appear.
The market is never short of opportunities; what's lacking are those who can remain steady, endure, and survive.
If you can do this, the road to trading cryptocurrency will become wider.
You always think that the big players are just lucky, but in reality, they execute the simple methods ruthlessly.
If you're confused or stuck in positions, don't panic; let my strength do the talking. When you can't find direction and don't know how to operate, follow @阿柒交易日记 , and I'll show you the way!
