$PROMPT Many people want to rely on cryptocurrency trading to make a living, but they always fail due to two things: acting too early and being too greedy.
$FHE I have also fallen into countless traps until I summarized trading into a set of rules of "only seeking to survive long," which allowed the crypto market to start making money for me steadily.
$BEAT 10 Rules that are enough for a lifetime:
1️⃣ Consider selling only after a strong coin has fallen for 9 consecutive days.
2️⃣ After two consecutive days of rising, reduce holdings first, no matter how strong it is.
3️⃣ If there is a sudden surge of 7% in one day, do not chase the next day.
4️⃣ Sideways trading is the most exhausting; switch immediately if there is no movement for 6 days.
5️⃣ If you don't break even after buying, leave the next day.
6️⃣ After two consecutive days of rising, buy low on the third day and take profits on the fifth day.
7️⃣ Enter when there is volume at low prices, and run when there is volume at high prices.
8️⃣ Only follow trends: look at short-term over 3 days, do swing trades over 30 days, and dare to hold large positions over 80 days.
9️⃣ Small funds need to rely on rules, not luck, to win.
🔟 Simple things done repeatedly can lead to long-term profits.
If you want to rely on cryptocurrency trading to make a living, you don't need to be a genius; just do: don't be greedy, don't panic, and don't follow the crowd.
