In just two years, I turned 50,000 yuan into 20 million trading cryptocurrencies. How? With discipline, strategy, and hard-earned lessons from the highs and lows of the crypto rollercoaster. Here are the 8 key rules that helped me master the marketāyour guide to trading smarter.
1ļøā£ Divide Your Funds Like a Pro
š¹ Break your funds into 5 partsāonly trade with one-fifth at a time.
š¹ Risk control is king: Limit stop losses to 10%.
⢠A single mistake costs you only 2% of your total funds.
⢠Five mistakes = only 10% loss.
š¹ Set a stop profit above 10%. The math? When you win, you win big; when you lose, itās small.
š” Key takeaway: Survival first, profits second.
2ļøā£ Follow the Trend, Not Your Emotions
š¹ In a downtrend: Resist the urge to ābuy the dip.ā Most dips keep dipping.
š¹ In an uptrend: Every pullback is a golden opportunity.
š” Ask yourself: Is it easier to fish at the bottom or buy when the market is rising? Always go with the flow.
3ļøā£ Avoid Short-Term Pumped Coins
š¹ Coins that skyrocket in the short term often fizzle out just as fast.
š¹ A stalled market at a high level = likely to crash.
š” Pro tip: Patience beats gambling. Stay away from the hype and focus on long-term value.
4ļøā£ Master MACD for Entry/Exit Timing
š¹ Golden Cross (below the 0 axis): Strong buy signal when it crosses above the 0 axis.
š¹ Dead Cross (above the 0 axis): Signal to reduce positions or exit when it dips below.
š” MACD = Your Market Compass. Use it to fine-tune your entries and exits.
5ļøā£ Never āCoverā Losing Positions
š¹ Doubling down on losses is a death trap. The more you ācover,ā the more you lose.
š¹ Instead, add to profitable positions to maximize gains.
š” Golden Rule: Donāt fight the marketālet your winners grow and cut your losers early.
6ļøā£ Volume Is the Soul of the Market
š¹ Watch for large-volume breakouts at low consolidation levels.
š¹ Strong volume = Strong buying pressure = Big opportunities.
š” Volume tells the story before the price does.
7ļøā£ Only Trade Upward Trends
š¹ 3-day upward trend: Signals short-term gains.
š¹ 30-day upward trend: Medium-term rally incoming.
š¹ 120-day upward trend: Long-term bull marketāget ready for massive gains.
š” Stay in sync with the trend. The odds are in your favor.
8ļøā£ Always Review and Adapt
š¹ Weekly check-ins: Is your coin still aligned with your strategy?
š¹ Review trading performance: Did the market change, or did you misjudge?
š” Refine your edge. The market evolvesāso should you.
Final Thoughts:
Crypto trading isnāt just about luckāitās about discipline, data, and decisiveness. Whether youāre just starting or looking to level up, these 8 rules can transform the way you trade.
š Ready to master the market? Start building your strategy today!
š„ #CryptoTradingPrediction #Write2Earn! #cryptotipshop #InvestmentTips #FinancialFreedom #CryptoSuccessTips #TradingStrategiesš¼š°