#密码资产动态追踪 Trading for 6 years: From zero to ten million, these 10 hard-earned lessons you must know
Still struggling to reach the million mark after more than a year? Keep reading, follow these steps, and if you still can't make money, feel free to ask me.
**Don't think about winning everything when your capital is limited**
Start with 10,000 dollars. The goal for the first year is simple—catch a decent main upward wave. Many people's problem is always being fully invested, afraid of missing any opportunity. In reality, patiently waiting for a real trend and taking profits in one go is much better than messing around all year.
**Demo accounts are the cheapest tuition**
Virtual accounts allow unlimited trial and error. If you make a big mistake with real money, you might be out immediately. Many people overlook this. Actually, cognition and mindset should always be ahead of capital—that's the iron law.
**Good news is a selling point, not a buying point**
Major good news announcements often lead to a gap up the next day. But the truth is—after good news is implemented, bad news often follows. Don't fixate on the last bit of gains; learning to cash out profits in time is the real skill in trading.
**Market mood is bad before holidays**
Looking at history, the week before major holidays often has selling pressure. Instead of reacting passively, it's better to reduce or even completely exit positions before the holiday. This can help avoid many inexplicable drops.
**Always keep cash in hand**
Mid- to long-term trading shouldn't be static. You should roll with the market: sell when prices rise, buy back when they fall to the right level, and keep your position active. Always having bullets left makes you more sustainable.
**For short-term trading, focus on two things: volume and shape**
Don't overcomplicate technical analysis for short-term trades. Choose coins with high volatility and active trading volume, with clear chart patterns. Without volume and volatility, looking at them is pointless.
**The speed of decline determines the strength of the rebound**
The slower the decline, the weaker the rebound tends to be; if the drop is rapid, the rebound is usually fierce. Understand the market rhythm clearly and avoid blindly bottom-fishing during slow declines.
**Stop-loss is a tool for survival**
Never endure a single loss stubbornly. Exit immediately when the trend is wrong; preserving capital is the qualification to stay at the table.
**15-minute K-line plus KDJ is enough**
Short-term trading doesn't need to be overly complicated. Focus on key levels on small timeframes, combined with the KDJ indicator, and buy/sell points will be clear.
**Master two or three methods rather than knowing everything**
Instead of learning a hundred trading methods, master two or three thoroughly. One trick is better than many. Continuously refining your trading system is much more effective than learning bits and pieces from everywhere.
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MemeKingNFT
· 01-08 04:03
All-in traders are just newbies, really. I died the same way during the NFT crash that year... Now I still prefer to hold some cash, it feels more secure.
View OriginalReply0
FlashLoanLarry
· 01-07 17:05
Profit-taking and running, this is so crucial. How many people get caught on the last bullish candlestick?
View OriginalReply0
AirdropGrandpa
· 01-07 16:53
Only full positions are truly giving away money, really.
View OriginalReply0
faded_wojak.eth
· 01-07 16:51
Those who are fully invested should really take a look; they always manage to step into pitfalls.
View OriginalReply0
SchrodingerAirdrop
· 01-07 16:43
The full-position strategy is outdated, really. The market has taught me that lesson several times already.
#密码资产动态追踪 Trading for 6 years: From zero to ten million, these 10 hard-earned lessons you must know
Still struggling to reach the million mark after more than a year? Keep reading, follow these steps, and if you still can't make money, feel free to ask me.
**Don't think about winning everything when your capital is limited**
Start with 10,000 dollars. The goal for the first year is simple—catch a decent main upward wave. Many people's problem is always being fully invested, afraid of missing any opportunity. In reality, patiently waiting for a real trend and taking profits in one go is much better than messing around all year.
**Demo accounts are the cheapest tuition**
Virtual accounts allow unlimited trial and error. If you make a big mistake with real money, you might be out immediately. Many people overlook this. Actually, cognition and mindset should always be ahead of capital—that's the iron law.
**Good news is a selling point, not a buying point**
Major good news announcements often lead to a gap up the next day. But the truth is—after good news is implemented, bad news often follows. Don't fixate on the last bit of gains; learning to cash out profits in time is the real skill in trading.
**Market mood is bad before holidays**
Looking at history, the week before major holidays often has selling pressure. Instead of reacting passively, it's better to reduce or even completely exit positions before the holiday. This can help avoid many inexplicable drops.
**Always keep cash in hand**
Mid- to long-term trading shouldn't be static. You should roll with the market: sell when prices rise, buy back when they fall to the right level, and keep your position active. Always having bullets left makes you more sustainable.
**For short-term trading, focus on two things: volume and shape**
Don't overcomplicate technical analysis for short-term trades. Choose coins with high volatility and active trading volume, with clear chart patterns. Without volume and volatility, looking at them is pointless.
**The speed of decline determines the strength of the rebound**
The slower the decline, the weaker the rebound tends to be; if the drop is rapid, the rebound is usually fierce. Understand the market rhythm clearly and avoid blindly bottom-fishing during slow declines.
**Stop-loss is a tool for survival**
Never endure a single loss stubbornly. Exit immediately when the trend is wrong; preserving capital is the qualification to stay at the table.
**15-minute K-line plus KDJ is enough**
Short-term trading doesn't need to be overly complicated. Focus on key levels on small timeframes, combined with the KDJ indicator, and buy/sell points will be clear.
**Master two or three methods rather than knowing everything**
Instead of learning a hundred trading methods, master two or three thoroughly. One trick is better than many. Continuously refining your trading system is much more effective than learning bits and pieces from everywhere.