#ETH My self-doubt ended this month with a 90k income. From maxing out my online loans to a comeback of 20 million, my survival hacks in the crypto space boil down to these 3 tricks!
Can you believe that with 800U, you can roll it into 20 million? Let me share my two-year journey of turning debt into victory: there are no myths in crypto, only the hard-earned rules from blood and tears!
In 2017, I dove into the crypto scene with 300k, and after experiencing everything from liquidation, online loans, to debt, I took my last 800U in loans for a desperate comeback. Today, I’ve distilled my core strategies into three points; read this to avoid 5 years of detours!
1. The Iron Triangle of Making Money (A must-read for newbies!)
1. Look at the Big Cycle to Set Direction
Keep an eye on the 4-hour/daily candlestick charts; the market can be categorized into three types:
- Bullish candles breaking previous highs → a raging bull is here
- Bearish candles breaking lower lows → the whales are dumping
- Prices oscillating → just chill and watch the show
Remember: Only go long in an uptrend, only short in a downtrend, and play dead in sideways action!
2. Find Key Support Levels
Price behaves like a trampoline; it bounces back at support levels and must retrace at resistance levels. Remember these three tips for finding points:
- Draw horizontal lines at previous highs and lows
- Use Fibonacci retracement levels
- Look for high-volume liquidation areas
3. Capture Entry and Exit Points in Small Cycles
When the daily chart is bullish, switch to the 15-minute chart to find entry signals:
- MACD golden cross + volume spike
- Breakout of downward trendlines
- Long lower wicks + doubled trading volume
If you see any 2 signals, jump in with your eyes closed!
2. Essential Survival Kit of 8 Items
1. Choose Coins: Only play with BTC/ETH; altcoins are a gamble
2. Position Size: No more than 5% per trade
3. Stop-Loss: Cut losses immediately if it drops 3% below support
4. Take Profit: Set a 3:1 risk-reward ratio (if you make 3000, cut losses at 1000)
5. Timing: Avoid the needle spike times between 3-5 AM
6. Backup Plans: Always have 2 trading strategies ready
7. Review: Record 3 trading lessons daily
8. Discipline: Force yourself to take a 2-hour break after a loss
3. Three Survival Principles (Break these and you’re done!)
Never chase after price spikes: When BTC surges 10%, while others celebrate, you reduce your position
Entry points are everything: Better to miss 10 opportunities than to miss one good entry
Mindset Mastery Techniques:
- Withdraw 50% of profits after consecutive wins
- Delete trading apps for 3 days after a liquidation
- Repeat daily: Staying alive means having output
Position sizing and levels will be sorted out clearly. This includes watching the market! It's better to share the joy than to enjoy it alone; if you reach out, I can pull you up!
Can you believe that with 800U, you can roll it into 20 million? Let me share my two-year journey of turning debt into victory: there are no myths in crypto, only the hard-earned rules from blood and tears!
In 2017, I dove into the crypto scene with 300k, and after experiencing everything from liquidation, online loans, to debt, I took my last 800U in loans for a desperate comeback. Today, I’ve distilled my core strategies into three points; read this to avoid 5 years of detours!
1. The Iron Triangle of Making Money (A must-read for newbies!)
1. Look at the Big Cycle to Set Direction
Keep an eye on the 4-hour/daily candlestick charts; the market can be categorized into three types:
- Bullish candles breaking previous highs → a raging bull is here
- Bearish candles breaking lower lows → the whales are dumping
- Prices oscillating → just chill and watch the show
Remember: Only go long in an uptrend, only short in a downtrend, and play dead in sideways action!
2. Find Key Support Levels
Price behaves like a trampoline; it bounces back at support levels and must retrace at resistance levels. Remember these three tips for finding points:
- Draw horizontal lines at previous highs and lows
- Use Fibonacci retracement levels
- Look for high-volume liquidation areas
3. Capture Entry and Exit Points in Small Cycles
When the daily chart is bullish, switch to the 15-minute chart to find entry signals:
- MACD golden cross + volume spike
- Breakout of downward trendlines
- Long lower wicks + doubled trading volume
If you see any 2 signals, jump in with your eyes closed!
2. Essential Survival Kit of 8 Items
1. Choose Coins: Only play with BTC/ETH; altcoins are a gamble
2. Position Size: No more than 5% per trade
3. Stop-Loss: Cut losses immediately if it drops 3% below support
4. Take Profit: Set a 3:1 risk-reward ratio (if you make 3000, cut losses at 1000)
5. Timing: Avoid the needle spike times between 3-5 AM
6. Backup Plans: Always have 2 trading strategies ready
7. Review: Record 3 trading lessons daily
8. Discipline: Force yourself to take a 2-hour break after a loss
3. Three Survival Principles (Break these and you’re done!)
Never chase after price spikes: When BTC surges 10%, while others celebrate, you reduce your position
Entry points are everything: Better to miss 10 opportunities than to miss one good entry
Mindset Mastery Techniques:
- Withdraw 50% of profits after consecutive wins
- Delete trading apps for 3 days after a liquidation
- Repeat daily: Staying alive means having output
Position sizing and levels will be sorted out clearly. This includes watching the market! It's better to share the joy than to enjoy it alone; if you reach out, I can pull you up!