Six Major Rules for Surviving in the Green Circle:
1. Trend First
Without a trend, there is no profit effect. Large funds only engage in trend trades; without a trend, they will hold cash or play with small funds.
2. Choose the Right Coin
Selecting the right coin is a key factor in determining your success. Strong coins will show unilateral oscillating upward trends, characterized by: significant gains and minimal pullbacks.
3. Learn to Wait in Cash
Never chase prices; it’s better to hold cash and wait for a bottom or a temporary bottom to enter. Invest in strong coins that also have good technical patterns, and do thorough research before buying; avoid weak coins.
4. Be Able to Hold
After buying, do not sell unless a top pattern appears. Hold firmly until a peak signal is observed.
5. Avoid Selling at the Tail
Sell when prices reach relatively high levels; avoid selling at the tail, as the risks increase the further you go.
6. Understand Liquidation
You should know to sell a portion of your profits to cash out; maintain sufficient cash flow to support your living expenses. #比特币战略储备