In the world of cryptocurrency, from 1200U to 12000U, you just need to remember three 'dead rules'.
Three months ago, a fan named A Jie found me. At that time, he only had 1200U left, and I gave him a simple method. With a try-it-and-see attitude, he persisted for three months. He divided the 1200U into 3 parts #币圈生存法则
1. Short-term trading: 400U, at most two trades a day, cut loss immediately.
2. Trend trading: 400U, don’t release the eagle until you see the rabbit, play dead if the weekly chart shows no upward trend.
3. Emergency funds: 400U, specifically for emergencies, to be replenished immediately on the day of liquidation to ensure you are still at the table.
Invest everything? Don’t even think about it; liquidation = 'amputation', you can grow back a finger, but a severed head is the final outcome. Only catch the most favorable parts of the trend; for the rest of the time, gain small profits through short-term trading.
A volatile market is like a meat grinder, and it will likely cut you down. My signals are simple:
1. Daily moving average not showing a bullish arrangement = no position.
2. Volume breaks through previous highs + daily closing confirmation = first entry.
3. Once profits reach 30% of the principal, immediately withdraw half and set a 10% trailing stop-loss on the remaining.
$龙虾
Please remember that there will always be the next wave of market trends, no need to rush.
Lock your emotions in a cage, just press the button.
Before going in, write down your 'life and death statement':
- Stop loss 5%, automatically cut loss at the point, no negotiation.
- Profit 10%, move the stop loss to the cost price, the rest is the market's gift.
It's not the magic of trading that turns 1,000 dollars into 10,000 dollars, but 'making fewer mistakes'. The market has opportunities every day, but funds are not always available. First, remember these three dead rules, then study waves, indicators, and charts.
Surviving is the only way to talk about wealth; if you can’t survive, you are just someone else's trading fee. The wealth in the cryptocurrency world does not belong to the fastest runners but to those who can persist until the end.
If you also want to change the situation, stop blindly following trends, and stop losing repeatedly, then come find Brother Hui! Follow the right person, take the right path, steadily profit in the cryptocurrency world, and let’s get on shore together!