Want to make money from Cryptocurrency Trading? Remember these 6 iron rules to avoid three years of detours!
The cryptocurrency market is not short of opportunities, but rather lacks direction and discipline. If you don't know the way, you'll just be working hard for nothing. If you want to survive in this market for a long time, remember these 6 pieces of advice, which can really help you avoid losing a lot of unnecessary money. Rule 1: Only focus on strong coins, don't buy blindly. Which coin is worth buying? The simplest trick is to look at the 60-day moving average. If the price is above the average and there's a bullish trend, you can buy, or even increase your position. Are you offline? Don't hesitate, quickly withdraw, and don't fight against the downward trend. Article 2: Don't chase after a surge that's too steep; it's easy to end up standing guard. If a coin rises more than 50% in a short period, don't impulsively jump in. Going in at this time can easily result in getting trapped at the peak. The real opportunity is to buy low when others are afraid to buy, not to rush in blindly due to the hype. Article 3: If you can see the "accumulation of momentum", you have already won half the battle. Before a big surge, the coin price often consolidates within a range of 10%-20% fluctuations, with low trading volume. See this kind of pattern? Congratulations, slowly accumulate some chips at a low position, and you might just catch a wave of main upward movement. Article 4: Don't hesitate when the hot topics arrive. Whenever a new concept explodes in the market, such as the recent AI, re-staking, or L2, as soon as the news breaks, those who followed institutions into the market a few days earlier can basically reap the benefits. Remember, the first few days after a hot topic emerges are the golden window period. Article 5: In a bear market, one should just lie flat. When the market is bad, don't think about frequent operations. The more you do, the more mistakes you make. The best strategy in a bear market is to preserve your capital, act less and observe more; enduring it is victory. Article 6: Weekly reviews, strategy is more important than luck. Cryptocurrency Trading is not based on feelings, but on systems. Take some time each week to review your operations, and see which decisions are reliable and which need adjustment. Only when the direction is correct can one go far. Market fluctuates, but the iron law never goes out of style. Cryptocurrency trading is not about desperation, it's about strategy. Remember these 6 points to avoid three years of detours. #BTC
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GateUser-0a2f9f24
· 2025-04-25 22:39
Hello beauty! Is this year a Bear Market or a bull run? I'm just a newbie, the random coins I bought in previous years were all bought at the peak, and I don't know if I can recoup investment.
Want to make money from Cryptocurrency Trading? Remember these 6 iron rules to avoid three years of detours!
The cryptocurrency market is not short of opportunities, but rather lacks direction and discipline. If you don't know the way, you'll just be working hard for nothing. If you want to survive in this market for a long time, remember these 6 pieces of advice, which can really help you avoid losing a lot of unnecessary money.
Rule 1: Only focus on strong coins, don't buy blindly.
Which coin is worth buying? The simplest trick is to look at the 60-day moving average. If the price is above the average and there's a bullish trend, you can buy, or even increase your position. Are you offline? Don't hesitate, quickly withdraw, and don't fight against the downward trend.
Article 2: Don't chase after a surge that's too steep; it's easy to end up standing guard.
If a coin rises more than 50% in a short period, don't impulsively jump in. Going in at this time can easily result in getting trapped at the peak. The real opportunity is to buy low when others are afraid to buy, not to rush in blindly due to the hype.
Article 3: If you can see the "accumulation of momentum", you have already won half the battle.
Before a big surge, the coin price often consolidates within a range of 10%-20% fluctuations, with low trading volume. See this kind of pattern? Congratulations, slowly accumulate some chips at a low position, and you might just catch a wave of main upward movement.
Article 4: Don't hesitate when the hot topics arrive.
Whenever a new concept explodes in the market, such as the recent AI, re-staking, or L2, as soon as the news breaks, those who followed institutions into the market a few days earlier can basically reap the benefits. Remember, the first few days after a hot topic emerges are the golden window period.
Article 5: In a bear market, one should just lie flat.
When the market is bad, don't think about frequent operations. The more you do, the more mistakes you make. The best strategy in a bear market is to preserve your capital, act less and observe more; enduring it is victory.
Article 6: Weekly reviews, strategy is more important than luck.
Cryptocurrency Trading is not based on feelings, but on systems. Take some time each week to review your operations, and see which decisions are reliable and which need adjustment. Only when the direction is correct can one go far.
Market fluctuates, but the iron law never goes out of style. Cryptocurrency trading is not about desperation, it's about strategy.
Remember these 6 points to avoid three years of detours.
#BTC