Want to rely on cryptocurrency trading to make a living? First, remember these 8 points. $ZEC
If you really plan to survive in the market for the long term, these are not techniques, they are bottom lines.
I have been in the cryptocurrency space for ten years, experienced highs and lows, and managed to survive; those who remain rely on these principles.
1️⃣ First look at the structure, then talk about emotions
In short-term trading, don’t just focus on daily charts; the truth is in the 30-minute rhythm.
2️⃣ If the trend hasn’t emerged, it’s better not to act
If the direction is unclear, looking even once more is a mistake.
3️⃣ If you are not in the hotspot, don’t do short-term trading
Short-term trading relies on the mainline emotion, not just randomly picking coins to play with.
4️⃣ Only trade according to the plan, not based on feelings
Impulsiveness is the most expensive cost for retail investors.
5️⃣ Others' opinions can only be used for reference
Without your own analysis, you will eventually return to the market.
6️⃣ If the direction is wrong, effort is useless
First choose the track, then choose the coin; that’s the order.
7️⃣ Don’t catch the bottom, only buy coins that are rising
"It should be about time for a rebound," is the most dangerous thought.
8️⃣ After a big profit or loss, first go to cash
Stopping to review is much more important than immediately jumping back in.
To be honest:
Most people don't fail because they can't read the market, but because they don't respect the rules.
The market doesn't reward the bold,
it only rewards those who are disciplined and can survive long-term.