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Throughout these years in the crypto circle, I've seen too many people: those who turn their fortunes overnight, those wiped out by liquidation, those repeatedly caught in traps... Those who survive and thrive ultimately hold on to the same core principles. Instead of relying on luck, it's better to grasp the规律. Today, I will share 10 core rules that I have personally tested in real trading, for friends who truly want to make a living in this industry.
**Strong coins can undergo 9 days of continuous adjustment—don't panic, instead, stay alert**
The market often overcorrects. If a promising coin drops for 9 consecutive days, especially with decreasing volume and downward shadows, it's likely just a shakeout by the main players, not a real collapse. My approach is this: before the 9th day's close, buy in batches, with a stop loss 3% below the previous support level. Don't be too greedy; a rebound and exiting is enough. Compared to betting on the right move, execution is the key factor.
**If it rises for 2 days, sell some—don't wait for it to fall every day**
There is no eternal upward myth in the crypto world. After a rally, profit-taking will inevitably cause a sell-off. My strict rule: any coin that rises for 2 consecutive days must have 30% of the position sold. Keep some floating profit to let it continue flying, and move the principal into your wallet. Remember that phrase—bull markets earn mostly numbers; real money comes from withdrawals.
**For coins that jump 7% in a single day, don't rush to follow the next day**
Market data shows that coins that surge over 7% suddenly tend to continue pushing the next day, but the risk sharply increases over the following three or four days. My approach: check the 1-hour performance at the opening of the next day, gradually add small positions with moderate volume, and never go all-in betting on extension. Don't let FOMO cloud your judgment; sometimes, not seeing the opportunity is more comfortable than losing money.
**How to identify if a good coin's correction is over: consolidation with decreasing volume**
Truly strong coins won't give you the feeling of an easy entry. Once it starts consolidating with decreasing volume (daily fluctuation below 5%), and the 30-day moving average still points upward, be patient and wait for 3 days without breaking the support level before considering further action...