In the crypto world, survival is always the top priority. Making money? That's after you stay alive.
This article is dedicated to all traders who are still exploring. It’s not a secret trading signal guide, but a set of trading principles based on practical experience.
**Rule 1: Take profits when you have them**
The biggest trap in the crypto space is thinking that the numbers in your account are real money. They’re not.
My own rule is simple: for every 1000U increase in your account, immediately withdraw 400U to your bank card. The remaining amount continues to operate. The benefit of this approach is that unrealized gains stay in the account to withstand fluctuations, while real profits are already secured.
Most losses happen here. The idea of "earning a little more" makes people hold onto their positions, ultimately not only giving back profits but also risking their principal.
**Rule 2: Let the data do the talking, don’t rely on feelings**
Relying on intuition is typical for retail traders and a sure path to losses.
I recommend using TradingView, focusing on these three indicators: MACD, RSI, and Bollinger Bands. Entry rules are strict — consider placing an order only when at least two indicators align. Use the 1-hour K-line chart for short-term judgment, and the 4-hour chart for trend analysis. The 5-minute chart has too much noise and can easily deceive with false signals.
For example, when going long on ETH, you should see two consecutive 1-hour candles above the middle Bollinger Band, and MACD showing a bullish crossover before acting.
**Rule 3: Stop-losses should be dynamic**
Static stop-losses are at a disadvantage in highly volatile markets and are easily wiped out.
Choose between two methods: if you have time to monitor the market, dynamically raise your stop-loss; if not, set a loose but firm stop-loss — better to lose a little than get wiped out by nighttime reversals. This is the prerequisite for surviving in trading.
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AirdropJunkie
· 7h ago
Damn, I really admire the approach of taking profits and cashing out. How many people have actually died because of the idea of "earning a little more"? It's true that their accounts have been emptied three times.
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FOMOSapien
· 7h ago
This guy's words are spot on. The withdrawal process has definitely saved me several times; otherwise, I would have been wiped out by the rejections and gone bankrupt.
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MoonWaterDroplets
· 7h ago
Bottom-fishing can lead to bankruptcy; take profits and survive—that's no joke.
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Another "rules" article, the key is whether you can stick to it...
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Put in 400, leave 600, keep swinging; I like this pace, much better than getting stuck and losing everything.
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How do you think traders are doing now? Tell me.
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I've tried the Bollinger Bands MACD combo, but I still got wiped out...
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Honestly, I'd rather earn a little less than get swept away.
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Account numbers are not real gold and silver, that hurts, brother.
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OldLeekNewSickle
· 7h ago
That's right, capital safety is more important than anything else, otherwise you're just playing with numbers.
Account unrealized gains are just an illusion; locking in profits is what counts as real money. Once you understand this, you'll lose half as much.
Indicator stacking is indeed reliable, much better than just feeling your way around.
Stop-loss is interesting; too tight and you're easily swept out, too loose and your account can blow up. You really need to find a balance.
I'm just asking, how many people can truly stick to this set of principles, or will they be beaten back to their original state by the market again?
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BlockDetective
· 7h ago
You're right, living is much more important than making money. That's true wisdom.
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AirdropHunterWang
· 7h ago
You're not wrong, but the greed problem needs to be fixed. I lost everything, even my underwear, just because I wanted to "earn a little more."
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ChainDoctor
· 7h ago
Well said. The saying "safe in the pocket" hits the mark—so many people die because of greed. I need to try the strategy of withdrawing 400U from 1000U; it seems much more reliable than my current chaotic approach.
In the crypto world, survival is always the top priority. Making money? That's after you stay alive.
This article is dedicated to all traders who are still exploring. It’s not a secret trading signal guide, but a set of trading principles based on practical experience.
**Rule 1: Take profits when you have them**
The biggest trap in the crypto space is thinking that the numbers in your account are real money. They’re not.
My own rule is simple: for every 1000U increase in your account, immediately withdraw 400U to your bank card. The remaining amount continues to operate. The benefit of this approach is that unrealized gains stay in the account to withstand fluctuations, while real profits are already secured.
Most losses happen here. The idea of "earning a little more" makes people hold onto their positions, ultimately not only giving back profits but also risking their principal.
**Rule 2: Let the data do the talking, don’t rely on feelings**
Relying on intuition is typical for retail traders and a sure path to losses.
I recommend using TradingView, focusing on these three indicators: MACD, RSI, and Bollinger Bands. Entry rules are strict — consider placing an order only when at least two indicators align. Use the 1-hour K-line chart for short-term judgment, and the 4-hour chart for trend analysis. The 5-minute chart has too much noise and can easily deceive with false signals.
For example, when going long on ETH, you should see two consecutive 1-hour candles above the middle Bollinger Band, and MACD showing a bullish crossover before acting.
**Rule 3: Stop-losses should be dynamic**
Static stop-losses are at a disadvantage in highly volatile markets and are easily wiped out.
Choose between two methods: if you have time to monitor the market, dynamically raise your stop-loss; if not, set a loose but firm stop-loss — better to lose a little than get wiped out by nighttime reversals. This is the prerequisite for surviving in trading.