Crypto Survival Guide: From Novice to Steady Recovery, My Five Practical Rules
After years of ups and downs in the crypto world, my deepest realization is: Staying alive is more important than making quick money.
The following five rules, earned with real money, may help you avoid detours.
1. Only trust charts, ignore the noise
Market trends are the only truth. Candlestick charts, trading volume, and key indicators (such as MACD, KDJ) are the coordinates you should focus on. Blindly believing in “insider” information or community sentiment is often the start of losses. Learning to use objective data instead of intuition is the first step to a comeback.
2. Master the basics before going to battle
The crypto world is not a casino; ignorance is the biggest risk. Mastering trend judgment (such as the 200-day moving average), position management, and profit-taking and stop-loss logic is more urgent than chasing hot topics. Your knowledge reserve determines whether you can stand firm during fluctuations.
3. Control your hands to control your money
Winning leads to arrogance, while losing leads to stubbornness—this is human nature, but it is the arch-nemesis of trading. Set ironclad rules: a single loss should not exceed 5% of your principal, and if you have three consecutive losses, stop and take a break immediately. The market always has opportunities, but your principal won’t come back.
4. Stick to three life-saving iron rules
Stop-loss is like a brake: Always set a stop-loss line for each trade (suggested 5%-10%), and decisively exit if it breaks, refusing the gamble of “waiting for a rebound.”
Position size is a protective charm: Never open a position larger than 10% of your total capital to avoid over-leveraging. Keep leverage within 3 times; beginners should start with 2 times.
Lock in profits: After earning a certain profit (such as 5000U), regularly withdraw part of it to secure gains. Account numbers are an illusion, bank balance is the truth.
5. Replace anxiety with review
Record trades daily: Why did I buy? What was the result? Was my emotion out of control? Learn strategies from experienced traders, but never follow blindly. There is no universal formula in the crypto world, but continuous summarizing can help you avoid repeated pitfalls.
The key to recovering in the crypto world is not to seize every opportunity but to survive until your own opportunity arises. Stability is not slow; it is truly fast.
Follow me @luck萧 , no bragging, no empty promises, just sharing the real skills that will help you survive in the market! Continuing to work hard in the evening, recovering and flipping, come join fast!
