#BTC对标贵金属的竞争格局 In the crypto world, who hasn't fallen into a pit? Those who have lost real money understand one principle best: money earned by luck will eventually be lost by chance.
To survive in this market and even make money, one must firmly adhere to a few ironclad rules without letting go.
These 8 rules are things I summarized step by step after stumbling and finally turning losses into profits. Newbies can follow them to avoid most traps and gain a foothold in the crypto world.
**Rule 1: Set the tone in the first half hour after the opening; buy on sharp declines and sell on sharp increases.**
The first 30 minutes of the morning session set the tone for the entire day. Don't be intimidated by the fluctuations; act when you see the signals, and never fall for the old tricks of chasing highs and selling lows.
**Article 2: Exercise restraint during surges and patiently wait for a rebound.**
Don't be envious if you missed the early surge. When a deep decline comes, entering in batches often allows you to enjoy a nice rebound. Chasing highs is just digging a pit for yourself.
**Article 3: Don't panic sell during a drop, just sit still during consolidation.**
A slight drop in the morning is not a stop-loss signal. When the market is consolidating without a clear direction, it’s best to take less action. Frequent trading will only deplete your principal.
**Article 4: Do not act until the target price is reached; remain observant during sideways movement.**
Plan your buy and sell points in advance, and execute when the time comes. When the market is sideways, signals are unclear, and entering the market blindly will only increase the probability of losses.
**Article 5: Enter during the pullback, harvest during the rise.**
Going with the trend is the simplest. Buy on dips during market corrections, take profits when it strengthens, and don't go against the market; stable profits are the key.
**Article 6: Be cool when the market is boiling. Be greedy when the market is in panic.**
When everyone is frantically chasing, the buyer is right beside. Conversely, when everyone is dumping, it is just the opportunity to pick up bargains. Seize the moment when you see the chance.
**Article 7: The consolidation period tests patience; charge forward once the direction is clear.**
Wait during consolidation. Enter the market only when a breakthrough signal truly appears. Patient people earn patient money.
**Article 8: After a long period of sideways movement, a sudden surge often indicates the final frenzy.**
At this time, don't be greedy. Lock in your profits in a timely manner, and don't think about getting the last penny. Be content with the profits you have.
Newcomers in the crypto world need not fear technical shortcomings; what they should fear is a breakdown in mentality and chaotic operations. By adhering to these 8 rules and progressing steadily step by step, profits will naturally find their way into your pocket.
To survive in this market and even make money, one must firmly adhere to a few ironclad rules without letting go.
These 8 rules are things I summarized step by step after stumbling and finally turning losses into profits. Newbies can follow them to avoid most traps and gain a foothold in the crypto world.
**Rule 1: Set the tone in the first half hour after the opening; buy on sharp declines and sell on sharp increases.**
The first 30 minutes of the morning session set the tone for the entire day. Don't be intimidated by the fluctuations; act when you see the signals, and never fall for the old tricks of chasing highs and selling lows.
**Article 2: Exercise restraint during surges and patiently wait for a rebound.**
Don't be envious if you missed the early surge. When a deep decline comes, entering in batches often allows you to enjoy a nice rebound. Chasing highs is just digging a pit for yourself.
**Article 3: Don't panic sell during a drop, just sit still during consolidation.**
A slight drop in the morning is not a stop-loss signal. When the market is consolidating without a clear direction, it’s best to take less action. Frequent trading will only deplete your principal.
**Article 4: Do not act until the target price is reached; remain observant during sideways movement.**
Plan your buy and sell points in advance, and execute when the time comes. When the market is sideways, signals are unclear, and entering the market blindly will only increase the probability of losses.
**Article 5: Enter during the pullback, harvest during the rise.**
Going with the trend is the simplest. Buy on dips during market corrections, take profits when it strengthens, and don't go against the market; stable profits are the key.
**Article 6: Be cool when the market is boiling. Be greedy when the market is in panic.**
When everyone is frantically chasing, the buyer is right beside. Conversely, when everyone is dumping, it is just the opportunity to pick up bargains. Seize the moment when you see the chance.
**Article 7: The consolidation period tests patience; charge forward once the direction is clear.**
Wait during consolidation. Enter the market only when a breakthrough signal truly appears. Patient people earn patient money.
**Article 8: After a long period of sideways movement, a sudden surge often indicates the final frenzy.**
At this time, don't be greedy. Lock in your profits in a timely manner, and don't think about getting the last penny. Be content with the profits you have.
Newcomers in the crypto world need not fear technical shortcomings; what they should fear is a breakdown in mentality and chaotic operations. By adhering to these 8 rules and progressing steadily step by step, profits will naturally find their way into your pocket.
