Want to rely on trading cryptocurrencies to support your family? Stop fantasizing about making money with passion; the market only rewards those who play by the rules.
I was the same back then, being overly eager and greedy, which led me to doubt life. After countless times of being cut, I finally developed these 10 iron rules that truly helped me stand firm.
1. A strong coin falling for 9 days is a golden opportunity; do not reach out early.
2. After two consecutive days of rising, cut back by half; stability is the profession.
3. If there’s a single-day surge of 7%, don’t chase it the next day; emotion can't catch up with the market.
4. Observe for three days of sideways movement; if there’s no movement for six days, switch stocks immediately.
5. If you don’t break even the day after buying, just leave; the longer you delay your stop-loss, the worse it gets.
6. The “3-5-1-7” rhythm: rise for 2 days → buy on the 3rd day → take profit on the 5th day.
7. Look at volume and price: low volume breakout is a buy signal, high volume at the top means run fast.
8. Only follow the trend: 3-day short-term, 30-day medium-term, 80-day heavy position, 120-day direction setting.
9. Small funds needing a rebound rely on rules, mindset, and execution, not luck.
10. Repeatedly following simple rules is the long-term logic for making money at the foundational level.
Supporting a family through trading cryptocurrencies doesn’t rely on talent; it involves three things: not being greedy, not panicking, and not following the crowd.
By adhering to this set of iron rules, profits will naturally flow into your pocket.
