Brothers, I am Gray Star.
Recently, I have had a profound realization: people grow not when making money, but after experiencing liquidation.
1. Three things you should never do in the cryptocurrency world (learned through my own blood)
① Don't buy when the price is rising
② Never hold onto losing positions
③ Never go all in
After 12 years of trading, I’ve summarized 15 golden rules (worth their weight in gold, highly recommended to keep)
I have lost and gained, from having nothing to supporting my family through cryptocurrency; I’ve written down the most important insights for you:
Capital is life; without life, there is nothing.
Don't be greedy; earn more steadily.
Do not be fully invested, follow the trend.
Do not over-invest, do not hold onto losing positions, trade less.
Be calm when entering, decisive when exiting, and firm with stop losses.
Infinite profits, bottomless losses.
Triggering a stop loss must mean exiting the position.
Locking in profits is always the safest strategy.
The law of extremes is an eternal principle.
Do not operate without opportunities. Missing out is not embarrassing.
Waiting is more important than operating.
Once the goal is achieved, call it a day; do not linger in battle.
Stop losses are your responsibility; profits are a gift from the market.
Wealth comes from waiting, not from frequent trading.
When your mindset breaks, strictly execute the strategy.
What you don't understand now, you will have to learn through losses in the future.
If you can learn these in advance, you will really lose much less over the years.
Four, my 'foolish method': earning seven figures with Three Black Crows.
Many people think I have secret indicators or insider information.
Actually, what I use most often is an old and tired technical pattern:
Three Black Crows
How simple can it be?
It is:
After the rise,
three consecutive large bearish candles.
Each closing price is lower than the previous one.
This indicates a trend reversal, with bears in control.
It is highly likely to continue falling.
But why is it strong? Because:
It comes from the fear in human nature.
Its appearance carries destructive power.
It can be applied to stocks, futures, and cryptocurrencies.
I achieved these three things with it:
Do not chase highs.
Do not get trapped.
Only trade the most certain trends.
Only trade one variety, one pattern,
achieving a win rate above 85% is not difficult.
There are many complex trading masters,
but those who make money long-term with simple systems are fewer.
Five, how to establish a truly profitable trading system? (This is the core)
My current operation process consists of only three steps:
① First look at the trend (above 4h)
Go long when prices rise, short when they fall, do not trade sideways.
② Then find the key levels
Support/resistance levels are the real 'springboard' of the market.
③ Finally, find the signals.
Find entry points in smaller time frames,
and set them in advance:
Direction
Position
Entry
Stop loss
Take profit
Response plan
Trend + key levels + signals = successful trading.
This is the core of how I turned 200,000 into 20,000,000 over the past two years.
Six, heartfelt advice for beginners: ten 'blood loss experiences'.
Many people say the crypto market is difficult, but the real challenge is not the market, but human nature.
I summarize it in one sentence for you:
Those who can make money long-term are always the ones who follow the rules.
Remember these ten points, and you will be better than 90% of people:
Bull market popular coins fall the fastest.
Altcoins are all tricks.
The big trend is long-term upwards.
Truly potential coins are not debated.
New coins are the most dangerous.
Price fluctuations are normal.
The strongest rebounds have no value.
Sudden pullbacks are to cut you.
Coins in the second half of a bull market explode even more.
Coins that have been sideways for months could be dark horses.
The last sentence:
True experts are not those who predict accurately, but those who lose less.
Making money is incidental; staying alive is the goal.
——灰星#美联储降息 #加密市场反弹 #ETH走势分析 $BTC $ETH $XRP
