Relying on cryptocurrency trading to support life and using limited capital to strive for a future is a dream for many. However, reality is often harsh, and most people repeatedly stumble in the same places: rushing to enter the market and greedily refusing to exit. I have also fallen into these traps many times.
Later, it was the lessons learned with real money that shaped these ten rules that must not be violated. It is precisely because of them that I turned trading into a sustainable source of cash flow.
If you truly want to make a living from this, please engrave the following in your heart:
1. A coin that has been continuously strong must pull back for nine days at a high position before it is worth watching. Reaching out early often leads to an early exit.
2. After any coin has risen sharply for two consecutive days, no matter how optimistic you are, sell half first. Taking profits is not cowardice; it is professionalism.
3. If a single day's violent surge exceeds seven percent, do not chase it the next day. Even in a bull market, there is a rhythm; you do not have to participate in every rise.
4. A sideways market is a dangerous signal. Be vigilant after three days of sideways movement; if there is still no movement after six days, decisively leave. Sideways markets consume too much of people's capital and patience.
5. Stop-loss must be swift. If the closing price on the second day after purchase has not returned to the baseline, consider exiting. Attachment will only amplify losses.
6. Master the rhythm of "three, five, one, seven." After two consecutive days of increases, pay attention on the third day when the price is low, and consider cashing out around the fifth day. A sense of rhythm is the most lacking advantage for ordinary traders.
7. Learn to observe the relationship between volume and price. A breakout with increased volume at a low level is an opportunity. Increased volume at a high level without a price increase is a risk. The main force's direction is often hidden in the trading volume.
8. Only trade within trends. The three-day moving average assesses short-term trends, the thirty-day moving average captures wave opportunities, stabilizing on the eighty-day moving average can consider increasing positions, and the one-hundred-twenty-day moving average determines the main direction. Do not touch coins that are out of trend, no matter how good they are.
9. Small funds wishing to achieve excellence do not rely on luck. Instead, they rely on clear rules, a stable mindset, and strict execution.
10. Simple rules, repeated execution, are the foundation of long-term profit. Those who can do this have already outperformed the majority.
To support a family through trading, you do not need to become a god of prediction. You only need to do: not be greedy, not panic, and not blindly follow. Maintaining your discipline will allow profits to accumulate gradually, and life will become more stable. #比特币VS代币化黄金 #加密市场观察
