In $GUN 7, I lost three accounts, and I used nine iron rules to turn it around to eight digits.
Seven years ago, I was still a retail investor who was frequently cut -- chasing highs and killing lows, bottom-fishing halfway, and holding onto positions until liquidation. Watching others show off their profits, I doubted whether I was fit for the crypto world.
It was from that moment that I made up my mind: to survive in the crypto world, I must forge a set of iron rules that I would stick to.
In seven years, I lost three accounts, stepping into the traps of “insider information,” “contract leverage,” and “chasing highs.” Finally, I distilled these nine actionable iron rules, which allowed me to grow my account to eight digits in five years. Today, I’m sharing all of them with you, each one can help you avoid major pitfalls:
1. Strong coins drop 5 but not 7 -- if it hasn’t stopped falling by the 7th day, give up; if it stabilizes on the 7th day, lightly test the waters on the 8th.
2. If it rises for three consecutive days, take out 30% -- don’t be greedy, pocket part of it, and watch the trend for the rest.
3. If it drops more than 5% in one day, don’t bottom-fish -- wait for 2-3 days until the inertia of the drop ends, then enter when it stabilizes with reduced volume.
4. For bull coins, wait for a pullback below the 30-day line before entering -- don’t chase highs.
5. If it’s been sideways for 5 days with no movement, reduce your position by 50% -- don’t waste time.
6. If there’s no profit after holding for 2 days, stop loss immediately -- don’t drag it out.
7. If it’s in the top three losers down over 10% with reduced volume -- bet on a 3%-5% rebound the next day.
8. Divergence between volume and price must change -- reduce positions during artificial increases, wait for stabilization after volume drops.
9. Only trade coins that are rising on both the 5-day and 30-day lines -- trend is king.
With these nine iron rules, I achieved an 85% win rate in trading over seven years, transforming from a liquidated retail investor to a stable profit maker. #币圈生存法则
The crypto world is not a casino; it’s a battlefield for rule-followers. I only trade real positions and don’t play virtual games. Friends who want to avoid pitfalls and steadily profit, don’t wander in the dark alone #加密市场回调
Keep up the pace, Dawei will help you earn steady money with logic!