After trading for more than a year, your account hasn't reached 800,000? Stop messing around!
With 8 years of practical experience in the cryptocurrency world, I turned 10,000 in capital into 30 million, with a cumulative profit of over 30 million!
Along this journey, I have encountered more pitfalls than you've seen in candlestick charts, and I've cried late at night over my blown positions. When recovering, I pushed myself to the limit—today, I'm sharing with you ten core experiences that took me from loss to financial freedom, without reservation, to help you avoid 3 years of detours! #SurvivalRulesInCrypto
1. If your capital isn't large (for example, within 100,000), don't always think about going all in. Just catching a major upward trend once a year is enough. Before the market arrives, patience is your strongest weapon.
2. People can never earn money beyond their understanding. Before trading with real money, practice your mindset and courage with a simulated account. A simulated account allows you to fail unlimited times, but with real money, one big mistake could mean you have to exit.
3. Remember: good news turning into reality is bad news. If significant good news doesn't come out on the day it's announced, and the next day opens high, it's advisable to sell in time; otherwise, you may easily get stuck.
4. Be cautious during holidays. History has repeatedly proven that reducing positions or even going to cash before holidays is the wise choice—"holidays must fall" is not said casually.
5. The essence of medium to long-term trading is to retain enough cash, sell high and buy low, and roll over operations. Don't always think about riding the wave to the end; that's a game for the big players, not a dream for retail investors.
6. For short-term trading, only choose cryptocurrencies with active trading volumes and significant price fluctuations. Don't touch inactive ones; they waste time and erode your mindset.
7. If the market is slowly declining, rebounds will be very tedious; but if the decline accelerates, rebounds often come faster. Timing is very important.
8. If you've made a wrong buy, admit it and stop loss immediately. As long as your capital is still there, opportunities will always exist—this is the foundation of survival.
9. If you're doing short-term trading, definitely look at the 15-minute candlestick chart more often, combined with the KDJ indicator; it can help you find many golden buy and sell points.
10. There are countless techniques for trading cryptocurrencies; you don’t need to master them all. Mastering one or two methods is enough, the key is to practice them to perfection.
These ten pieces of practical advice are lessons I bought with real money. Taking fewer detours is itself a way to make money. If you are still wandering in confusion, why not seek out Sister Lin, to help you break through the dilemma!
