The Power of the 6x1 Rule!

When I started crypto trading, I lost money faster than I could count.

Basically, I made every mistake you can imagine (and I mean EVERY!!).

Here's how I made it back 👇

After a month, I sat down and confronted myself with the disaster I had created.

I felt devastated and motivated at the same time.

I was angry because I made all the mistakes I had read about before I started.

That was the time when I created my 6x1 Rule.

It became my mantra for a long time. Even today, I follow some of the rules.

If you are about to get started with crypto trading, this might be a helpful framework:

1️⃣ Token

The crypto world seems to be full of opportunities. But too many opportunities lead to distraction.

Choose one token and focus on it. Don’t look left and right. You have to become one with the token.

1️⃣ Timeframe

Choose one timeframe (the higher, the better) and stick to it. Don’t switch, don’t mix it. Solely trade this timeframe.

1️⃣ Trading Strategy

Get started with one strategy. Then, monitor, improve, adjust, and maintain this strategy.

But stick to it. Don’t jump between strategies and try new ones every day. Crypto trading is about consistency.

1️⃣ Trade at a Time

Usually, this is the result of the above, but I wanted to remind myself explicitly.

Multi-tasking is an illusion. It’s only one trade at a time. Period.

1️⃣% of Assets

Don’t risk more than 1% of your assets with a trade. I know this sounds ridiculously low.

Remember, you are just getting started.

So, it’s much better to play defense when you get started instead of losing everything in a kamikaze trade.

1️⃣x Leverage

In other words, DO NOT LEVERAGE. Even for expert traders, leverage can be a killer. Never use it when you start.

👇

If you want to get started with crypto trading, you can check out Crypto OS.

It’s the platform I’ve developed based on all the mistakes I made.

It contains data-driven trade signals, Binance integration, backtest data, AI forecasts, trading bots, and more. Try it for free!