In the crypto world, making money is often easiest through the simplest methods.
Today's shared methods rely not on insider information, but on strictly following the rules.
First, remember the three major taboos. Breaking one can easily lead to losses:
The first taboo is chasing highs and selling lows.
Most people jump in when prices are high, only to get trapped.
Those who really make money understand to enter the market when others are panicking — when the app is filled with red decline alerts, that's actually a good time to scoop up assets.
The second taboo is going All in on a single coin.
Never put all your funds into one coin; keep thirty percent cash on hand. If prices drop, you can buy more, and if new opportunities arise, you have funds available.
The third taboo is being fully invested.
Those fully invested are like having their hands and feet tied; even if new opportunities arise, they can't seize them.
Proper position management is not only key to survival but also the foundation for making money.
Learn the six essential strategies for short-term trading, simple yet effective:
1. Consolidation must change. Don't rush to enter during high-level consolidation, and don’t panic sell during low-level support; hold off on trading until the direction is clear.
2. Consolidation hides traps. During consolidation, there's a risk of liquidation; patiently wait for the market to break out or pull back; don’t make random trades out of impatience.
3. Buy on down days, sell on up days. Reverse operations are more effective; enter when prices drop significantly, and sell decisively when prices rise steadily.
4. A sharp decline presents opportunities. If a decline is slow, the rebound will be gentle; if the decline is fast, the rebound is often stronger. When faced with a waterfall-like drop, it can actually present a good opportunity for positioning.
5. Pyramid building. In the bottom region, add a portion of your position every time it drops by 10%, which can lower costs and increase potential profit margins.
6. Quick liquidation after a surge. After a surge, consolidate and first withdraw your principal, keeping only profits; after a sharp decline, consolidate and quickly sell to avoid being overly optimistic.
The core logic is simple: don’t guess price movements, don’t chase trends, don’t gamble on luck, just execute according to the rules.
These methods are not complicated, but they require high discipline.
Even with small funds, following these operations can steadily grow your wealth, as long as you protect your principal and lock in profits in time. Over time, you will find that your account grows as if it has a cheat code.
In the crypto world, it's not about who is smarter, but rather about who can stick to the rules and execute them thoroughly.
Maintain a stable mindset, be patient, and strictly adhere to discipline, and you will already be one step ahead of most people.
The market is brewing; don't wander around alone in the dark.
If you're willing, Sister Bing will help you reach the shore!
