Strict self-discipline is necessary to navigate bull and bear markets.
I am Brother Bin.
In the cryptocurrency circle for seven years, I have experienced several complete bull and bear market cycles. I have been liquidated, gone into debt, and the worst day was on the day of the LUNA crash in 2022, watching my 200,000 principal disappear to zero in an instant. But I didn't give up, starting again from 1,000 U, and step by step I rolled to today's ten million assets.
As a survivor who crawled out from the 'pile of corpses', I want to share 9 real market-tested rules today.
1. The way to survive with small capital: eat only one bite a day.
When the principal is less than 10,000 U, the biggest enemy is greed. I once lost my entire profit and even my principal due to greed when I opened positions continuously in one day.
For small funds to survive, the key is not to pursue multiples but to ensure frequency. Seizing one big trend is enough to change the situation, but over-leveraging is equivalent to cutting off your retreat. The truly stable approach is to earn just a little every day and accumulate small victories for big wins. The market always has opportunities; surviving is the top priority.
2. When good news is fully realized, it becomes bad news; timing determines success or failure.
There is an iron rule in the cryptocurrency circle: the moment good news is realized, bad news begins. After major positive news is announced, the price often reaches its peak. The big players will not wait for you to react before crashing the market.
My experience is: if you don't run on the day good news is announced, you must decisively act when the opening is high the next day. Don't get attached to the battle; don't fantasize about a higher point. Learn to take profits in a timely manner to protect your gains.
3. In the face of news, pull your hands back.
Before major news is released or during upcoming holidays, market fluctuations will increase. I once entered the market heavily before the release of important economic data, only to suffer heavy losses when the data did not meet expectations.
My principle now is: before major events, reduce positions or go flat. If the direction is unclear, be patient and wait. The cryptocurrency market operates 24/7; missing an opportunity is not scary, making a mistake is fatal.
4. Medium to long-term positions should be light enough for you to forget about them.
The market specializes in treating all forms of defiance. I once held a strong position on a project, but because my position was too heavy, I lost my balance during slight fluctuations and ultimately had to cut my losses.
The key to medium to long-term holdings is: the position should be light enough for you to forget about its existence. This way, you can calmly face market fluctuations and won't panic due to short-term price movements. Those who hold heavy positions have already been eliminated by the market.
5. The core of short-term trading: speed and smoothness.
Short-term trading boils down to two words: fast and smooth. When the trend is clear, find the right points to enter and exit quickly; when the market is unclear, keep your hands in your pockets and watch.
A moment of greed can lead to being trapped for three days. My records show that over 80% of short-term losses stem from excessive attachment to battles. Set clear profit-taking and stop-loss points, and decisively exit after reaching your target; do not let emotions control you.
6. Mastering the rhythm of rises and falls is essential to seize opportunities.
Slow declines are often accompanied by slow rebounds, while rapid declines usually lead to rapid rebounds. Understanding this rhythm will help you know when to bottom fish and when to wait.
When Bitcoin experienced a sharp drop to $3800 in 2023, I noticed the signal of 'long lower shadow + shrinking trading volume', decisively entered heavily at the bottom, and then achieved considerable returns. The key is to learn to recognize market signals.
7. Stop-loss is not a choice but an instinct.
If you enter incorrectly and the direction is wrong, do not wait even a second. Losing a small amount is to avoid losing your breath; holding onto a position is digging your own grave.
I set a strict rule for myself: if any single trade loses 8%, I will unconditionally stop-loss and exit. This is not a suggestion, but a necessary condition for survival. In the cryptocurrency circle, those who survive are not those who have never lost, but those who understand the importance of timely stop-loss.
8. The simplest tools are often the most effective.
For short-term trading, I only look at the 15-minute candlestick chart plus the KDJ indicator. Don't underestimate the basics; the tools that truly make money are often the simplest.
Many people pursue complex technical indicators, only to be misled. I find that the simpler the indicators, the more reliable they are. The key is to master one or two tools proficiently, rather than constantly changing analytical methods.
9. An unstable mindset leads to a technical reset.
The biggest enemy in the cryptocurrency circle is oneself. The fluctuations of the market amplify all human weaknesses: greed, fear, and stubbornness.
I have experienced continuous losses caused by an imbalanced mindset: overconfidence when making profits, and eagerness to recover losses when losing. Later, I realized that not being greedy, not being fearful, and not being impatient is essential to transition from a gambler to a true trader. Before each trade, I write down a plan and strictly execute it, not allowing emotions to interfere with my decisions.
Final advice.
In these seven years, my biggest realization is: in the cryptocurrency circle, making money is never about who is smarter, but about who survives the longest. The market always has opportunities, but only those who survive can seize them.
If you also feel like you are always going the wrong way, perhaps what you lack is not luck, but a person who has truly gone through the entire journey to show you a real path.
The cryptocurrency circle is a ‘player versus player’ arena, where you fight alone, and no one will think for you. Only through strict self-discipline and continual learning can you survive and thrive in this market.
Strict self-discipline is necessary to navigate through bull and bear markets. Let us encourage each other. Follow Brother Bin to learn more firsthand information and precise points in the cryptocurrency circle; become your guide in the crypto world, as learning is your greatest wealth!#BTC走势分析 #黄金白银反弹 $ETH
