I have been in the crypto world for 10 years, and these 10 iron rules are posted on my computer. I review them every day before entering the market, which has helped me avoid pitfalls during repeated major declines.
Today I share with friends who are destined to meet, hoping to inspire. It's still very simple to turn 5000 into 100,000 quickly; in the past two years, I have held below 70 with a win rate of 418134%, which has led me to achieve over 28 million!
1. When entering the market, do not only look at the trading K-line trend, especially for short-term trades; you also need to look at the 30-minute K-line. At this moment, the overall market must stabilize and resonate before you can enter. For example, sometimes you see a K-line with a long upper shadow and feel there's no opportunity, but the next day it might pull up significantly or even hit the limit, which can be understood by looking at the 30-minute K-line.
2. If the trend and order are not right, just looking once more is a mistake. You must go with the trend, and the rising order must not be broken.
3. If short-term trades are not in hot spots or potential hot spots, it's better not to do it.
4. Give up all impulsive entries. Trade your plan, plan your trade.
5. Anyone's opinion or view is just a reference; you need to have your own thoughtful consideration and serious analysis.
First lock in the direction, then select a coin. If the direction is right, you'll achieve twice the result with half the effort; if the direction is wrong, you'll achieve half the result with twice the effort.
7. Get involved with coins that are in the process of rising. Guessing the bottom is a big taboo, as it often feels like a rebound is imminent, leading to ultimate shakeouts. Stock prices always move towards small resistance levels; entering coins that are rising is choosing a direction with less resistance.
8. After big profits and big losses, you should empty your positions and reevaluate the market and yourself. Clarify the reasons for big profits or big losses, and then it's not too late to act.
After many years of trading, I found that after big profits and big losses, emptying positions gives a probability of making the right decision that exceeds 90%.
These days I am preparing for a divine order that is about to start!!!
Comment 168 to get on board!!!
Impermanence brings impermanence brings impermanence!!!
Important things should be said three times!!!
