From being unable to afford a 12 yuan box meal to owning property in Hangzhou: My survival rules in the cryptocurrency world! $FOGO
In the winter of 2019, my relatives were curled up in a cramped rental room in an urban village, with only 183.91 yuan left in their bank account.
For a 12 yuan simple meal, he hesitated for three days and ultimately couldn't bring himself to place the order.
Those dark days lasted a full 18 months.
In six years, from rock bottom to a significant leap in my account, this is not empty platitudes, but four survival rules summarized after countless trials, stop-losses, and reflections. $币安人生
First rule: Beware of high-position selling signals after a rapid rise.
In the early days, chasing after short-term surges of niche assets often ended in significant retracements. It was only later that I understood, a high position sideways after a rapid rise, followed by a volume drop, is a typical form of capital exiting. Understanding the signals allows you to avoid the trap of buying at high positions.
Second rule: A quiet volume at high positions is far more dangerous than a crash.
Long-term sideways at high positions, with continuously shrinking trading volume, is often a signal of capital quietly withdrawing. Deviating too far from the core moving averages and low turnover can easily lead to consecutive adjustments; this kind of pattern should be avoided at all costs.
Third rule: True bottoms, look at volume not price levels.
Blindly trying to catch the bottom often leads to being trapped. After reviewing a large number of trends, I concluded: a stable consolidation with shrinking volume and then a gentle increase in volume is the relatively reliable bottom signal; do not gamble on the left side but follow on the right side. $SENT
Fourth rule: Distinguish truth from falsehood with volume, maintain position limits.
K-line patterns can be manipulated, but trading volume is hard to disguise; volume is the core of trend judgment. Always control your position, do not go all-in, do not be fully invested, and leave enough safety margins to survive in volatility.
The market is never emotional; it only rewards those who follow rules and have discipline.
These four rules may not provide so-called short-term profit opportunities but can help you preserve your capital and move steadily in a highly volatile market.
Cycles repeat, opportunities are always present, but only those who manage risks and stick to their systems can navigate through bull and bear markets and wait for their own opportunities.
Respect the market, adhere to discipline, first seek survival, then seek growth.
Follow the right people and walk the right path to survive long-term in the cryptocurrency world. The market is like this: either watch others reap benefits or decisively follow Sister Yan; I'll help you get ashore.
