《Survival Rules in the Cryptocurrency World: A Must-Read for Both New and Old Investors!》
When navigating the cryptocurrency world, remember the following rules.
1. Divide funds into 5 parts, and enter with one-fifth each time. Set a stop-loss of 10 points; losing once means a total loss of 2%, and losing 5 times means a loss of 10%. If correct, set a take-profit of over 10 points to avoid being stuck.
2. Improve your win rate by following the trend. In a downtrend, rebounds often lure in buyers; in an uptrend, downturns can create golden opportunities. Bottom fishing and buying low; the latter is easier to profit from.
3. Avoid short-term coins that surge dramatically; they seldom have several waves of main upward trends. High positions that stagnate are prone to decline; do not gamble.
4. Use MACD to determine entry and exit points. A golden cross below the zero line and breaking through the zero line is a stable entry signal. A death cross above the zero line pointing downward is a signal to reduce positions.
5. Do not add to positions when in loss; add to positions when in profit. Averaging down can easily lead to failure.
6. Volume and price indicators are important; trading volume is the soul of the cryptocurrency world. Pay attention to volume breakout at low levels, and exit at high levels with stagnant volume.
7. Only engage with coins in an upward trend; higher chances of success without wasting time. A 3-day moving average turning up indicates short-term gains; a 30-day moving average turning up indicates medium-term gains; an 84-day moving average turning up indicates main upward waves; a 120-day moving average turning up indicates long-term gains.
8. Persist in reviewing trades; check your logic for holding coins, observe weekly K-line trends, and adjust your trading strategy.
Making money in a bull market doesn’t count as real profit; successfully escaping at the end of a bull market is key. Greed can lead to difficulties; when a bear market comes, assets may significantly shrink. In the cryptocurrency world, maintain rationality and calmness, strictly adhere to survival rules to increase the chances of success.