Do you sincerely want to continue in the crypto world? I hope you engrave these ten practical experiences in your mind.
No fluff, no empty promises; these are experiences I have gained through hard-earned money. If you really intend to treat trading coins as a long-term career, I suggest you read the following ten points repeatedly.
1. A strong coin's pullback often presents an opportunity.
The leading coins have been pulling back for 8-9 days, don't rush to cut losses, that might be the time to get in. The strong remain strong, and a deep drop may actually be safer.
2. After two consecutive days of increases, it's time to consider taking a step back.
If a coin rises for two consecutive days, don't be greedy for the third board. Reduce your position and take the profits; that's what truly matters.
3. Don't rush to sell after a single day's big rise.
On the day it rises more than 7%, there is often an opportunity for further gains the next day. Observe for another day, and don't easily get shaken out.
4. Wait for a pullback before entering Big Bull Coin
Don't chase the highs; a truly good coin will give you a chance to buy during a pullback. Wait until it stabilizes and rests; that is the real time worth entering the market.
5. If it has been sideways for more than six days, consider changing the coin.
If a coin has been inactive for three consecutive days, give it another three days of observation. If it still hasn't broken through, the time cost is too high, and it might be better to change direction.
6. The next day, I couldn't recoup my investment, so I decisively withdrew.
If you can't even recover the costs from the previous day the next day, don't fantasize, just walk away decisively. The longer you drag it out, the deeper you'll get trapped.
7. The rise list has a rhythm to follow
When there are three consecutive increases on the list, it often follows with five; when there are five consecutive increases, it often rushes to seven. This is a natural rule driven by market sentiment.
8. The relationship between volume and price is a core signal.
A breakthrough with high volume at a low position is worth paying attention to; however, high volume at a high position with stagnation means it's time to run. Volume doesn't lie; price is the result.
9. Only invest in upward trending coins
Simple view of moving averages:
· 3-day line trending up → Short-term buying opportunity
· 30-day moving average upwards → Medium-term holding phase
· The 80-day moving average is trending upward → A main upward wave may be approaching.
· 120-day moving average turning → Long-term layout signal
10. Small capital relies on methods and execution.
Don't complain about having a small principal. I've seen thousands start with a few and reach hundreds; the key is not the size of the amount but having a clear strategy, a stable mindset, and taking decisive actions.
These ten points, seemingly simple, are already mastered by those who have outperformed the majority. In the crypto world, it's not about who earns quickly, but who can last longer and walk more steadily. #加密市场回调##狗狗币ETF进展##今天你用C2C神盾了吗#