Ten years of coin speculation, from losing 7 million to earning back 10 million, my ten iron laws!

I have been in the currency circle for more than 10 years, starting from the initial 5,000 principal, catching up with the bull market and earning more than 10 million, and then losing 7 million in three years, and finally borrowing 200,000 to turn over and earn back 10 million. Along the way, I have summed up the ten iron laws of coin speculation, and I will share them with you today, hoping to help you avoid detours!
Iron Law 1: To understand market sentiment, trading volume is the key
- Volume does not fall: The volume is amplified but the price does not fall, which may be a signal to stop falling.
- Volume does not rise: The volume is amplified but the price is not rising, and the short-term may have peaked.
- Continue to increase the volume of the rise: During the rise process, the trading volume needs to increase steadily, and if there is a sudden contraction or a huge volume, the rise may end.
- Downward key level: When falling, the key position is broken and the downward trend may continue.
Iron Law 2: Key points determine buying and selling
- Resistance, support, trend lines: when the price touches these levels, act quickly!
- Golden Section: I use it to predict stress and support, and it works really well.
Iron Law 3: Multi-time window monitoring
- 1-minute line: Look for entry and exit timing.
- 3-minute line: monitor the band after entering the market.
- 30 minutes/1 hour line: Determine the intraday trend change.
Iron rule four: don't rush to recover after the stop loss
- Stop loss = end of order: Every trade is a new beginning, don't be affected by the previous operation.
Iron Law 5: Simple and Practical Position Management Method
- Three-share position method:
1. The currency price breaks through the 5-day moving average, buy the first copy;
2. Break through the 15-day moving average and buy the second share;
3. Break above the 30-day moving average and buy a third share. #GateioInto11 #ContentStar
- Strict stop loss: Sell the first copy below the 5-day moving average; Below the 15-day moving average, sell the second share; Break below the 30-day moving average, liquidate!
Iron Law 6: Shipments must also have a strategy #BTC #PI #ETH
- High below the 5-day moving average: Sell one copy first and watch the follow-up.
- Break below the 15-day and 30-day moving averages: Don't hesitate, sell all!
Iron Law 7: Stagflation/Stagflation is a signal
- Stagflation: The price does not rise, and the position increases, which may be the time to sell short.
- Stagnation in increasing positions: The price does not fall, the position increases, and the rebound is imminent.
Iron Law Eight: Focus on one variety
- Phased focus: Operate only one symbol for a period of time and keep tracking until it no longer has speculative value.
Iron Law 9: There will always be opportunities, don't rush to recover losses
- Calm down after stop loss: Don't rush to open a new order to recover losses, each trade is independent.
Iron Law 10: Adhere to the rules and make stable profits
- Rules are greater than mentality: Strictly follow the trading rules and do not operate emotionally, in order to make stable profits.
The secret of full-time coin speculation that allows me to earn tens of thousands of U a stable income every day is these ten iron laws! If you can stick to it, making money in the cryptocurrency circle is as easy as breathing!
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