Many people hope to support their families by trading cryptocurrencies, but they often fail due to two words: early and greed.
When the market hasn’t started yet, they rush in—today they are warriors, and the next day they are trapped.
They hesitate to leave after a small rise, blindly confident; a single bearish candle brings their mindset crashing down.
I was once the same, repeatedly entering the market too early, leading to doubts about life.
Only after being repeatedly beaten by reality did I awaken to truly understand the fundamental discipline of trading.
The following 10 points are not light suggestions, but survival bottom lines for wanting to live in this market and make money.
1. A strong coin that falls for 9 days is the opportunity.
Don’t reach out too early; the more urgent the bottom-fishing, the quicker the demise.
2. After two days of consecutive rises, regardless of strength, cut your position in half first.
Locking in profits is not cowardice; putting profits in your pocket is what truly matters.
3. When there’s a daily surge of over 7%, don’t rush to chase the next day.
True strength is steady and measured, not a heart-pounding game.
4. Observe for three days in a sideways market; if it doesn’t move for six days, exit immediately.
Those who are dragged to death in a sideways market often outnumber those who get cut in a downturn.
5. The quicker the stop-loss, the longer the account survives.
If you can’t break even the next day, decisively leave. A love for battle is the most expensive emotional consumption for retail investors.
6. Remember the rhythm of “3-5-1-7.”
Rise for 2 days, consolidate for 3 days, and cash out around day 5. Having a rhythm allows you to catch big trends.
7. All signals are hidden in “volume and price.”
A breakout with increased volume at low levels = entry opportunity; increased volume at high levels with stagnation = exit signal.
8. Only trade with the trend, never against it.
No matter how tempting the counter-trend is, don’t touch it.
9. Small funds want to survive? Relying on luck is a certain death.
Depend on rules, patience, and execution ability.
10. Execute simple rules to the extreme, that’s your logic for supporting your family.
Few can achieve this, so the ones who make money are always the minority.
Those who truly support their families through trading are not inherently gifted, but rather ruthless enough—
Ruthless to the market, and even more ruthless to themselves. Not greedy, not anxious, not swayed by the wind, but following the rules step by step to harvest.
Profits are packed in bags steadily, the market stabilizes, and life naturally becomes stable.
