Many people want to support their families by trading cryptocurrencies, but they can never earn stable income.
It’s not that they can’t analyze, but rather they rush in early, fail to exit when prices rise, and don’t acknowledge losses when prices drop.
I have fallen into enough traps to fill two streets, and later condensed all the lessons into 10 survival rules.
No fluff, these are what can save your life👇
1. A strong coin falling for 9 consecutive days is an opportunity.
Don’t reach out early, don’t buy halfway up the hill.
2. If there are two days of rising, sell half of your holdings.
Realized profits are what matter; unrecognized profits are just illusions.
3. If there’s a single-day surge of 7%, don’t chase it the next day.
Bull markets rise in rhythm; chasing the peak is just giving away money.
4. Wait for signals after three days of sideways movement; if it’s six days, directly switch coins.
Sideways is a deep pit; don’t jump in.
5. Stop-loss should be like chopping vegetables.
If you haven’t recouped your investment the next day after buying, exit.
Hesitation will only deepen your losses.
6. Use the “3-5-1-7 rhythm” to make money.
Buy on the 3rd day of consecutive rises, take profits on the 5th day, and clear your positions on the 7th day.
Trading relies on rhythm, not on speculation.
7. Monitor the price levels closely.
A breakout with high volume at a low price = buy
No movement with high volume at a high price = sell
8. Only trade in the direction of the trend.
Look short on a 3-day basis
Look at waves on a 30-day basis
Be bold on an 80-day basis
Set the direction on a 120-day basis
9. The outcome of small funds doesn’t depend on talent.
Focus on rules, execution, and whether you can endure.
10. Repeating simple methods is the strongest logic.
Most people fail because they can’t stick to it.
If you want to support your family by trading cryptocurrencies, you don’t need predictions or myths.
You just need to do three things:
Don’t be greedy, don’t panic, and don’t follow the crowd.
