The cryptocurrency space is not a competition for the clever, but a game of survival.
Just like the recent bounce of $BTC from the bottom of $84,000 to $88,000, many who chased the price were swept out by short-term fluctuations, while a fan who had only $3,600 three months ago managed to grow his account to $30,000 by adhering to two iron rules; the core is not talent, but discipline crushing human nature.
First Iron Rule: Split your funds to maintain your seat at the table.
He divided his $3,600 into three parts of $1,200: for short-term trades, a maximum of two trades per day, triggering a 5% stop-loss to close positions immediately without hesitation;
For trend trades, only enter when the weekly bullish confirmation occurs; recently, the BTC daily line #MA20 crossed above the MA50 to form a golden cross before entering the market;
A backup fund serves as margin in extreme market conditions to avoid forced liquidation. Going all-in is a death sentence; liquidation is never just loss, it's direct exit.
Second Iron Rule: Signals are king, execute ruthlessly.
If the daily MA20 and MA50 are not in a bullish arrangement, hold no positions;
Only enter the market during volume-price resonance (breakout with volume + closing confirmation), withdraw half of the profits immediately when reaching 30%, and set a 10% trailing stop for the remaining position.
Before entering the market, clearly define the stop-loss line; if profits reach 10%, move the stop-loss to the cost line.
Currently, ETH has risen 5.24% in 24 hours; opportunities arise daily, but life is only one.
From $3,600 to $30,000, it’s not about brilliant operations, but rather making fewer mistakes.
The cryptocurrency space does not reward those who run fast, but rewards those who stand until the end.
Follow me for practical skills that can be applied, see you in the Binance chat room. @比特阿猫
