On this journey, I have summarized the top ten iron rules of Cryptocurrency Trading, and I hope to share them with you today to help you avoid detours!

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Iron Rule 1: Understand market sentiment; trading volume is key.
- Volume increases without a price drop: An increase in trading volume without a decrease in price may be a signal of a bottoming out.
- Volume increases but no price rise: An increase in trading volume without a price increase may indicate a short-term peak.
- The increase must be accompanied by sustained volume: During the upward movement, the trading volume needs to steadily increase. If there is a sudden decrease in volume or a spike in volume, the upward trend may come to an end.
- Key volume during decline: When the price declines and key levels are broken with increased volume, the downtrend may continue.
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Iron Rule 2: Key price levels determine buy and sell
- Resistance levels, support levels, trend lines: Act quickly when the price reaches these points!
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- Golden Ratio: I use it to predict resistance and support, and it works very well.
Rule Three: Monitor the market for multiple time windows
- 1-minute chart: Look for entry and exit opportunities.
- 3-minute line: Monitor the wave situation after entry.
- 30-minute/1-hour chart: Assess the intraday trend changes.
Rule Four: Don't rush to recover after a stop loss
- Stop Loss = Order End: Every trade is a new beginning, don't let previous operations affect your mindset.
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Rule Five: Simple and Practical Position Management Method
- Three-position strategy:
1. The coin price breaks through the 5-day moving average, buy the first portion;
2. Break through the 15-day moving average, buy the second portion;
3. Break through the 30-day moving average, buy the third portion.
- Strict stop-loss: Sell the first portion when it falls below the 5-day moving average; sell the second portion when it falls below the 15-day moving average; liquidate all when it falls below the 30-day moving average!
Rule Six: There must be a strategy for selling.
- Breaking below the 5-day moving average at a high level: sell a portion first and observe the subsequent trend.
- Breaking below the 15-day and 30-day moving averages: Without hesitation, sell all!
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Rule Seven: Increasing positions during stagnation in price rise/fall is a signal
- Increased position stagnation: Prices do not rise, positions increase, which may indicate a short-selling opportunity.
- Increasing positions during stagnation: If the price does not drop and positions increase, a rebound may be imminent.
Iron Rule Eight: Focus on One Variety
- Phased focus: Operate on only one variety for a period of time, continuously track it until it no longer has speculative value.
Iron Rule Nine: Opportunities are always there, don't rush to recover losses.
- Stay calm after a stop loss: Don't rush to open a new position to recover losses, each trade is independent.
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Rule Ten: Stick to the rules for stable profits
- Rules over mindset: Strictly follow trading rules, avoid emotional trading, and you will steadily profit.
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The secret to earning a stable income of hundreds of U every day through full-time Cryptocurrency Trading is these top ten iron rules! If you can stick to them, making money in the coin circle is as easy as breathing!
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Those who pay attention to me have eaten their fill!
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