With a capital of 20,000, after a month of catastrophic losses down to 1,200U, she almost uninstalled all trading platforms that night.
Until she swallowed the bitter fruit of failure, engraving 7 blood rules into her DNA—six months later, 1,200U turned around to 150,000U.
This is not luck; it is the inevitable result of cognitive dominance.
The following 7 rules are the path to redemption she purchased with hard-earned money:
1. When signals are unclear, it's better to wait than to rush in. The cryptocurrency market is full of temptations, blindly following the crowd is akin to sending oneself to death. In chaotic markets, remaining in cash and observing is true wisdom; keep an eye on core indicators and wait for trends to clarify before entering, missing out ten times is better than stepping on a landmine once.
2. For popular coins, enter and exit quickly. Popular coins can soar excessively and fall even harder; a lightning strategy must be executed: set stop-loss and take-profit levels, clear out immediately when the heat fades, and never let floating profits turn into high-position locks.
3. In a massive bullish trend, stay steady and reap gains. A high opening on the K-line combined with a surge in trading volume is a signal that the trend is established. At this point, frequent trading is most undesirable; hold tight to your chips and withstand short-term fluctuations to fully capture large wave gains.
4. With huge bullish candles, take profits in batches. Regardless of high or low positions, huge bullish candles are often signals for major players to offload; take profits in batches when they appear, as being greedy for even a second can turn gains into losses.
5. Rely on moving averages for precise operations. Moving averages serve as the 'navigation instrument' for retail investors; closely monitor daily support and resistance levels, with short-term turnovers of 3-7 days. Buy on golden crosses and exit on death crosses, using data instead of intuition.
6. Follow the trend and layout against human nature. Hold firmly when an upward trend is unbroken; when a downward trend stabilizes, gradually buy the dip. Don’t let the emotions of chasing highs and panic dictate your actions; operating against the trend often leads to loss.
7. Build positions in batches to control risk and seek profit. Going all in seems thrilling, but it has a high probability of returning to zero. Building positions in batches dilutes costs; establish stop-loss levels for each trade to maximize returns with minimal risk.
The cryptocurrency market is the most brutal yet fair battlefield for monetizing cognition.
Most people are stuck in the mire, not due to lack of effort, but because the direction is wrong. The market never sleeps, but opportunity windows are fleeting—find a capable blogger like Jie, and use cognition to navigate through bull and bear markets, saying goodbye to the fate of retail investors. #加密市场观察 #ETH走势分析
