Want to support your family through cryptocurrency? These 10 iron rules are etched into your DNA!
If you are determined to build a family in the crypto world, do not rush blindly! These 10 iron rules, exchanged with blood and tears, are the wisdom crystallized from countless predecessors who have stumbled, and are shared with you who are willing to patiently cultivate.
After falling for 9 consecutive days at a high position, decisively buy the dip: Strong coins that fall continuously for 9 days at a high position are often a good opportunity to enter; do not miss the chance to pick up bargains.
After rising for 2 days, immediately reduce your holdings: Any coin that rises for two consecutive days should not be greedy; secure profits in time.
If it rises more than 7%, keep a close eye the next day: Coins that rise more than 7% are likely to have further upward movements the next day, so closely monitor subsequent trends.
For high-performing coins, wait for a pullback before entering: Do not blindly chase high-performing popular coins; patiently wait for the pullback to end before finding an opportunity to enter.
If the market is flat for more than 3 days, decisively change positions: If the market is dull for three consecutive days, observe for another three days; if there is still no improvement, promptly change positions.
If you cannot recover your costs the next day, withdraw immediately: If you cannot earn back the costs from the previous day the next day, do not hesitate; exit immediately to stop losses.
There are patterns of consecutive rises in the gainers list: On the gainers list, if there are 3 consecutive rises, there will be 5 days; if there are 5 days, there will be 7 days. Buying on dips after consecutive rises for two days is advisable, and the fifth day is suitable for selling.
Volume-price relationship is key: Pay attention to breakthroughs at low volumes; if there is high volume at high prices without an increase, quickly retreat.
Only trade in upward trending coins: The 3-day moving average is upwards, short-term bullish. The 30-day moving average is upwards, mid-term bullish; the 80-day moving average is upwards, primary upward wave begins; the 120-day moving average is upwards, long-term bullish.
Small capital can also make a comeback: For small capital to turn around, it relies on correct methods, calm mindset, and strict execution, patiently waiting for opportunities to arise.
My trading method is super simple: I never open positions without suitable patterns and decisively strike when the timing is right. With these "simple methods", I have traded to 8 figures in a year, and my win rate exceeds 90% over five years.
If you want to stand firm in the crypto world and support your family, these 10 iron rules are your best weapons! #风险管理
