Hello everyone, I am the crypto hunter Lao K. Seven years ago, I entered the cryptocurrency world with a million capital, and three years later, there was only a small amount left in my account—not because the market was too harsh, but because I was too foolish. Chasing highs and selling lows, stubbornly holding against the trend, dreaming in altcoins... I didn't miss any pitfall. At my lowest point, my family almost collapsed, and the despair of reviewing losing trades late at night still sends chills down my spine.
But what truly turned my life around was not luck, but completely overthrowing my past self. Today, I am sharing six rules that I burned through blood and tears, suitable for every ordinary person who doesn't want to be cut down by the market.
1. You are not a gambler, please first learn how to distribute funds
Divide your total capital into 5 parts, with each part operating independently. Even if you kneel down 5 times, you only lose 10%—this is much gentler than when I had all my funds halved overnight. Remember: survive, and you have the chance to laugh last.
2. The trend is the only 'big brother' you should kneel before
Is catching a falling knife during a downturn? That's what cannon fodder does. Only pullbacks during an uptrend are what heaven rewards. Don't ask me how I realized this—I've stubbornly endured a bear market, nearly losing my family in the process.
3. A coin that skyrockets? That's a pit for burying people!
Seeing a meme coin rise tenfold in three days, I can only scoff now. The main forces have already sharpened their sickles, waiting for you to rush in as the green and tender chives. The real money to be made is in the corners you don't notice.
4. Beginner's tool: The secret signal of the MACD's zero line
Ignore all complex indicators, focus on DIF and DEA: a golden cross below zero means buy; a death cross above zero means sell. My 80% win rate relies on this trick—simple but lifesaving.
5. Don't average down on losses, but you can add to your position when you're in profit
Averaging down on losses is like drinking seawater to quench thirst; the more you drink, the more you die. But if profits are rising and volume is increasing, you can add to your position gradually. Remember: low price with high volume is an opportunity, high price with high volume that doesn't rise is an alarm.
6. Two hours a week is better than mindlessly trading every day
Close the trading software, brew a cup of tea, and review the rights and wrongs of this week. Slowly, you will form your own rhythm—frequent trading is an addiction, while calm reviewing is the remedy.
The crypto world is never short of miracles; what's lacking are people who don't self-sabotage. I climbed from 200,000 to 34 million, relying not on superstition, but on the discipline ingrained in every loss.
If you are also tired of being repeatedly harvested by the market, follow me. I share hardcore trading psychology and practical skills every week. Risk control is armor, knowledge is the blade—together, we will go further.
