1. Averaging down is about breaking even, not chasing profits.
Don't lose your cool when you get stuck in a bad trade. The goal of averaging down is to minimize losses, not to dream of a sudden recovery. Blindly chasing a recovery is asking for trouble. Always remember that averaging down is a loss control strategy, not a profit strategy.
2. The calm market hides the storm
A calm market is often the calm before the storm. Don’t be fooled by temporary stability—the crypto market can change in a flash. Big pumps are always followed by corrections—that’s the way the game is. If the price consolidates in a triangle for too long, be prepared for a reversal. Watch carefully and avoid getting stuck at the top.
3. Perfect timing: Buy red, sell green
The trick is in the contrarian moves. Buy when others panic, sell when they FOMO. Don’t sell at the top unless it breaks resistance, and don’t buy unless it drops below support. Stay away in sideways markets—patience is key. Watch resistance in uptrends and support in downtrends to stay ahead of the curve.
4. Never go all in—always be flexible
Going all in is the biggest mistake. The market is unpredictable and position management is everything. Flexibility is your biggest ally. Manage your positions wisely—only by having enough room to adjust can you survive market fluctuations.
5. Master your thinking
Greed and fear are your worst enemies. Chasing pump and dumps when prices drop will only lead to losses. A calm and steady mindset is the real advantage in the market. Learn to control your emotions and you will always be ahead of the crowd.
Follow these rules and you will confidently navigate the crypto sea, ready for anything that comes your way!
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