I've been in the crypto world for nearly ten years. The first few years were absolutely brutal—selling my house to rent, borrowing a few tens of thousands from relatives and friends, and turning it into nearly a million. Over these years, I've stepped on pitfalls, made money, and figured out 10 survival rules. Master five of them, and you'll outpace most people.
**1. When the market plunges, do coins stay steady? Are the whales protecting the market?** You must hold onto these coins tightly; the upside potential will definitely surprise you.
**2. Be strategic when analyzing charts** Focus on 15-minute K-lines and daily charts for short-term trades. If the price stays above the moving average, hold; if it breaks below, exit immediately. For mid-term, look at the daily chart—simple and straightforward. All those fancy indicators are false.
**3. Change coins if there's no movement in three days** Bought-in and then it drops? Cut losses at 5%. Delaying only results in bigger losses.
**4. Nine consecutive days of decline signals a bottom** Cutting half at a high and still falling? That's basically the real bottom. Act decisively—rebound is just around the corner.
**5. Leading coins are always worth chasing** The ones with the biggest gains and strongest resilience are the leaders. Don’t complain about the price being high, and don’t impulsively buy the falling knives. The leader is the market indicator.
**6. Give up on bottom-fishing dreams** Falling coins are like bottomless pits; sell when you can. Trend is a thousand times more important than the bottom. When buying, focus on timing, not just price.
**7. Easiest to get confused when making profits** Making money once is easy; consistent profits are the real skill. After each win, ask yourself: Is this due to skill or just luck? Without a trading plan, you'll eventually give back all your profits.
**8. Stay out if uncertain** Staying out isn’t shameful; losing money is embarrassing. Remember, your goal is to preserve capital, not to gamble. The core of trading is success rate and risk-reward ratio, not finger speed.
**9. Be cautious even with hot new coins** They can rise initially, but once sentiment reverses, coins without real value can crash instantly.
**10. The crypto market is a game of consensus** A coin’s value ultimately depends on whether a group of people believe in it. Consensus drives projects, and everyone shares the profits. Ten years of crypto sharpening the sword—one step to the sky!
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PumpBeforeRug
· 01-11 10:36
Selling houses and renting them out to make millions? I've heard this story too many times, but there are only a few still alive today.
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BagHolderTillRetire
· 01-08 18:00
The part about selling and renting houses is really amazing, this is the mindset of a gambler.
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EthSandwichHero
· 01-08 18:00
Selling houses and renting them out to earn millions, this guy is really ruthless. I still don't have enough courage like him.
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WhaleInTraining
· 01-08 17:51
Selling houses and trading cryptocurrencies is really crazy, but there are indeed some who make a million... It's just that ordinary people learning this set of ten rules are easily prone to failure.
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BlockchainTherapist
· 01-08 17:51
Selling and renting houses to make millions—this story sounds a bit unbelievable. Probability theory doesn't agree.
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GasOptimizer
· 01-08 17:45
Selling houses and renting them out to earn millions, this story sounds a bit mysterious, is it true or false?
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Articles 3 and 6 contradict each other, one says cut loss if no movement in three days, the other says don't bottom fish... I'm a bit confused.
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The leading project is always worth chasing, but this statement is too absolute. BNB in 2023 has long been the ceiling.
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It's easy to say "stay in cash if unsure," but how many people can actually do it?
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In the consensus game, to be honest, the crypto world is an art of storytelling.
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Follow this trading method for a month, and your trading fees could eat up half of your profits.
I've been in the crypto world for nearly ten years. The first few years were absolutely brutal—selling my house to rent, borrowing a few tens of thousands from relatives and friends, and turning it into nearly a million. Over these years, I've stepped on pitfalls, made money, and figured out 10 survival rules. Master five of them, and you'll outpace most people.
**1. When the market plunges, do coins stay steady? Are the whales protecting the market?** You must hold onto these coins tightly; the upside potential will definitely surprise you.
**2. Be strategic when analyzing charts** Focus on 15-minute K-lines and daily charts for short-term trades. If the price stays above the moving average, hold; if it breaks below, exit immediately. For mid-term, look at the daily chart—simple and straightforward. All those fancy indicators are false.
**3. Change coins if there's no movement in three days** Bought-in and then it drops? Cut losses at 5%. Delaying only results in bigger losses.
**4. Nine consecutive days of decline signals a bottom** Cutting half at a high and still falling? That's basically the real bottom. Act decisively—rebound is just around the corner.
**5. Leading coins are always worth chasing** The ones with the biggest gains and strongest resilience are the leaders. Don’t complain about the price being high, and don’t impulsively buy the falling knives. The leader is the market indicator.
**6. Give up on bottom-fishing dreams** Falling coins are like bottomless pits; sell when you can. Trend is a thousand times more important than the bottom. When buying, focus on timing, not just price.
**7. Easiest to get confused when making profits** Making money once is easy; consistent profits are the real skill. After each win, ask yourself: Is this due to skill or just luck? Without a trading plan, you'll eventually give back all your profits.
**8. Stay out if uncertain** Staying out isn’t shameful; losing money is embarrassing. Remember, your goal is to preserve capital, not to gamble. The core of trading is success rate and risk-reward ratio, not finger speed.
**9. Be cautious even with hot new coins** They can rise initially, but once sentiment reverses, coins without real value can crash instantly.
**10. The crypto market is a game of consensus** A coin’s value ultimately depends on whether a group of people believe in it. Consensus drives projects, and everyone shares the profits. Ten years of crypto sharpening the sword—one step to the sky!