After losing for three years, I've finally understood; now I rely on this industry to support my family. Six pieces of experience, not many, but each one is forged from lessons learned:
Only trade strong coins; strength and weakness can be seen from one line.
Treat the 60-day line as the boundary between bull and bear markets. If the price stabilizes above the 60-day line, enter when it firms up;
If it falls below, exit decisively. Don’t hesitate; this discipline can help you avoid most deep traps.
Don't chase coins that have risen too much.
If it has surged more than 50% continuously, it’s better to miss out. If you can’t hold onto minor fluctuations, entering will only make you anxious.
Opportunities that arise from declines are more solid, risks are controllable, and the potential is actually greater.
Before the main upward wave starts, there will usually be "volume shrinkage and volatility".
When the coin price is at a relatively low level, it will show a series of small declines and increases, fluctuating between -10% and 20%, with decreasing trading volume—this is called "accumulation".
At this time, position yourself in batches; it will be easier to catch the trend later.
When a new concept emerges, the first few days often have profits.
When the market suddenly speculates on a new theme, the first 3-5 days usually have emotional premiums.
Once you identify it, follow early, and after eating the fish head (the initial gains), consider withdrawing; don’t be greedy to catch the tail end.
When a bear market comes, just stay in cash.
If the market clearly weakens, stop when needed; being in cash for half a year is nothing to be ashamed of.
Knowing how to buy is what a disciple does, knowing how to sell is what a master does, and knowing when to rest in cash is what the ancestor does.
Surviving is more important than making a one-time profit.
Three years of losses made me realize: discipline and patience are your greatest capital. Don’t gamble on luck for the market; wait for opportunities with rules.
The market is always there, but capital isn’t always present. If you can endure loneliness, you can handle prosperity.
Continuously pay attention: $FHE $BAS $BEAT
