Ten years of Cryptocurrency Trading, from losing everything to earning back 10 million: the top ten iron rules!


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Tianqing has been in the cryptocurrency trading circle for more than ten years. Starting with a principal of 5000 yuan, he made over 10 million during the bull market, but lost it all within three years and even incurred a loss of 7 million. Finally, he turned his fortunes around with a borrowed 200,000 yuan, earning back 10 million. Along the way, I have summarized the top ten rules of cryptocurrency trading, which I would like to share with you today, hoping to help you avoid detours!
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Rule One: Understand market sentiment; trading volume is the core indicator.
• Rising volume and stabilizing prices: A significant increase in trading volume while prices remain stable may signal the end of a downtrend.
• High trading volume with stagnant prices: A surge in trading volume without a significant price increase may indicate a short-term peak.
• An increase in price accompanied by a rising trading volume: During the price increase, the trading volume should maintain steady growth; any abnormal decrease or surge may indicate the end of the upward trend.
• Key nodes of decline with increased trading volume: When the price drops to a key position, trading volume surges, and the downward trend may continue further.
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Iron Rule 2: Key price levels guide trading decisions
• Support, Resistance, and Trend Lines: Acting decisively when the price reaches these key levels is crucial!
• Golden Ratio Principle: I use it to accurately predict support and resistance, with remarkable results.
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Iron Rule Three: Comprehensive Market Analysis Across Multiple Timeframes
• One-Minute Chart: Capture precise entry and exit timing.
• Three-Minute Chart: Monitor the price fluctuation trend after entry.
• 30-minute to 1-hour chart: Capture the subtle changes in intraday trends.
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Iron Rule Four: Stay Calm After Stopping Losses
• Stop loss means the end of the trade: Each trade is an independent starting point, don't let the past affect your judgment.
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Iron Rule Five: Efficient Position Management Strategy
• Three-Phase Positioning Method:
1. Initial Positioning: The coin price rises above the five-day moving average, first purchase.
2. Increase Position: Break through the fifteen-day line, continue to increase position.
3. Wait with a full position: Stabilize above the 30-day line and complete the establishment of the position.
• Strict Stop Loss Discipline:
• Break below the five-day moving average, reduce positions;
• Break below the fifteen-day line, reduce further;
• Break below the 30-day line, full retreat!
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Iron Rule 6: The selling strategy is equally important.
• Breaking below the five-day moving average at a high position: moderately reduce positions and watch for changes.
• Break below the 15-day and 30-day moving averages: decisively liquidate positions without regrets.
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Iron Rule Seven: Be wary of market news, don't let emotions dictate your rhythm.
• Positive news frequently, but prices do not rise: Be wary of the market makers offloading their assets, and take profits in a timely manner.
• Frequent bearish news but prices do not fall: Perhaps a bottom signal, keep a close watch.
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Iron Rule Eight: Stick to reviewing trades and deeply analyze trading experiences.
• Daily Review: Summarize the reasons for success and failure, and extract experiences.
• Regular Review: Analyze past trades, adjust strategies, and enhance awareness.
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Iron Rule Nine: Set profit targets, do not be greedy.
• Clearly define profit zones: decisively take profits when targets are reached, do not chase highs or sell lows.
• Learn to take profits in batches: Especially during a surge, do not sell everything at once.
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Rule Ten: Mindset is King, always stay calm.
• When in loss: Don't rush to recover, calmly analyze the mistakes.
• When making a profit: Don't be blindly confident, the market is always full of risks.
• Be patient and wait for opportunities: Do not rush or be anxious; it's better to miss than to make a mistake.
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These hard rules are valuable experiences that I have gained through countless failures and successes. On the road of Cryptocurrency Trading, I wish you can avoid traps and move forward steadily! #GT 2025第二季度销毁# #马斯克计划成立美党# #MichaelSaylor暗示增持BTC#
ETH-2.27%
BTC-1.02%
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