Many people dream of making a living by trading cryptocurrencies, but most fall into the same two traps: buying too early at a high price and being greedy to hold.
I have also taken detours and stepped on countless landmines. Later, I condensed years of trading experience into a "long enough to survive" trading framework. Since then, the crypto market has truly started to consistently pay me.
These 10 rules, you can use them for a lifetime without them becoming outdated:
**1. Consider buying only after a strong coin has fallen for 9 consecutive days** **2. When the market rises for two days in a row, take profits early by reducing positions** **3. Don't chase after a single-day surge exceeding 7% the next day** **4. Sideways consolidation is the most dangerous; if there's no movement for 6 days, switch coins** **5. If there's no rebound after buying, exit immediately the next day** **6. After two days of continuous rise, buy on dips; take profits exactly on the fifth day** **7. When volume increases at low levels, buy; at high levels with volume, must run** **8. Only trade trending markets: 3-day cycle for short-term, 30-day cycle for swings, only go heavy with 80-day cycles** **9. Small funds rely on execution, not luck** **10. Repeating simple tasks well leads to long-term gains**
The key words are: not greedy, not panicked, not following the herd. Especially during macro events like the Federal Reserve cutting interest rates, which trigger rebounds in the crypto market, discipline must be strictly maintained. Most people die not because they see things wrong, but because they are greedy.
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Many people dream of making a living by trading cryptocurrencies, but most fall into the same two traps: buying too early at a high price and being greedy to hold.
I have also taken detours and stepped on countless landmines. Later, I condensed years of trading experience into a "long enough to survive" trading framework. Since then, the crypto market has truly started to consistently pay me.
These 10 rules, you can use them for a lifetime without them becoming outdated:
**1. Consider buying only after a strong coin has fallen for 9 consecutive days**
**2. When the market rises for two days in a row, take profits early by reducing positions**
**3. Don't chase after a single-day surge exceeding 7% the next day**
**4. Sideways consolidation is the most dangerous; if there's no movement for 6 days, switch coins**
**5. If there's no rebound after buying, exit immediately the next day**
**6. After two days of continuous rise, buy on dips; take profits exactly on the fifth day**
**7. When volume increases at low levels, buy; at high levels with volume, must run**
**8. Only trade trending markets: 3-day cycle for short-term, 30-day cycle for swings, only go heavy with 80-day cycles**
**9. Small funds rely on execution, not luck**
**10. Repeating simple tasks well leads to long-term gains**
The key words are: not greedy, not panicked, not following the herd. Especially during macro events like the Federal Reserve cutting interest rates, which trigger rebounds in the crypto market, discipline must be strictly maintained. Most people die not because they see things wrong, but because they are greedy.