Having been in the crypto market for so many years, I’ve come to understand one thing more and more: not everyone is suited to make a living through trading, but mastering these few ironclad rules can significantly increase your chances of survival.
Every time I open a position, I review these principles, and it’s them that have helped me escape several bear markets. Sharing with everyone in hopes of helping you avoid a few pitfalls.
**The knowledge of market analysis has never been limited to daily charts** Focusing only on the daily K-line doesn’t reveal the details. The 30-minute chart often tells the real story—those long upper shadows that seem to indicate a drop, when viewed on a 30-minute timeframe, the structure is completely reversed. Short-term resonance with the broader market is the correct approach; acting alone is pointless.
**Don’t force trades if the trend is off course** This is the easiest rule to overlook. When the trend is chaotic and the structure is broken, even the best technical indicators can’t save you. Trading with the trend is not a suggestion, it’s a necessity. When market rhythm is disrupted, the more you trade, the more mistakes you make.
**Check the topic’s heat before choosing a coin** If the theme is cold, attention is low, and the market cap is too small, no technical analysis will help. Short-term trading relies on liquidity and popularity.
**Execution ability is more important than prediction** Make a trading plan and follow it. Don’t let the candlestick movements hijack you. Entering without a plan? That’s basically emotional trading.
**Don’t treat others’ words as law** Influencers, big V’s, and advice from your social circle are only for reference. Ultimately, you need to rely on your own thinking and judgment.
**Determine the main direction first, then select specific targets** If the direction is correct, everything will go smoothly. If the direction is wrong, all your efforts are in vain.
**Never try to bottom-fish; buy coins that are in an uptrend** Many wait for a rebound, only to wait forever and buy at even lower prices. Price moves toward the least resistance, buying during the upward momentum that has already started—this is the most trend-following, efficient, and high-probability approach.
**Reflect after big gains or big losses, always stay out of the market** This is the most crucial point. Whether you profit or lose, stop and take a break. Review the market and your mindset, understand the logic behind your actions before continuing. My years of experience tell me that after large fluctuations, staying calm for a while can improve subsequent decision accuracy by over 90%.
These eight rules are straightforward, with no fancy tricks. Some may think they’re too basic, but the basics are often the most effective.
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GasFeePhobia
· 12-18 14:09
It sounds good, but how many people can truly practice empty-position reflection... I am the kind of person who wants to keep trading after making a profit, and I have to be taught a lesson every time before I understand.
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WealthCoffee
· 12-18 14:01
Exactly right, but the most painful part is the execution. I myself set very detailed plans, but as soon as I look at the market, I forget everything, really.
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SerumDegen
· 12-18 13:58
nah the "never chase the bottom" part hits different after getting liquidated three times lol... structure really is everything
Having been in the crypto market for so many years, I’ve come to understand one thing more and more: not everyone is suited to make a living through trading, but mastering these few ironclad rules can significantly increase your chances of survival.
Every time I open a position, I review these principles, and it’s them that have helped me escape several bear markets. Sharing with everyone in hopes of helping you avoid a few pitfalls.
**The knowledge of market analysis has never been limited to daily charts**
Focusing only on the daily K-line doesn’t reveal the details. The 30-minute chart often tells the real story—those long upper shadows that seem to indicate a drop, when viewed on a 30-minute timeframe, the structure is completely reversed. Short-term resonance with the broader market is the correct approach; acting alone is pointless.
**Don’t force trades if the trend is off course**
This is the easiest rule to overlook. When the trend is chaotic and the structure is broken, even the best technical indicators can’t save you. Trading with the trend is not a suggestion, it’s a necessity. When market rhythm is disrupted, the more you trade, the more mistakes you make.
**Check the topic’s heat before choosing a coin**
If the theme is cold, attention is low, and the market cap is too small, no technical analysis will help. Short-term trading relies on liquidity and popularity.
**Execution ability is more important than prediction**
Make a trading plan and follow it. Don’t let the candlestick movements hijack you. Entering without a plan? That’s basically emotional trading.
**Don’t treat others’ words as law**
Influencers, big V’s, and advice from your social circle are only for reference. Ultimately, you need to rely on your own thinking and judgment.
**Determine the main direction first, then select specific targets**
If the direction is correct, everything will go smoothly. If the direction is wrong, all your efforts are in vain.
**Never try to bottom-fish; buy coins that are in an uptrend**
Many wait for a rebound, only to wait forever and buy at even lower prices. Price moves toward the least resistance, buying during the upward momentum that has already started—this is the most trend-following, efficient, and high-probability approach.
**Reflect after big gains or big losses, always stay out of the market**
This is the most crucial point. Whether you profit or lose, stop and take a break. Review the market and your mindset, understand the logic behind your actions before continuing. My years of experience tell me that after large fluctuations, staying calm for a while can improve subsequent decision accuracy by over 90%.
These eight rules are straightforward, with no fancy tricks. Some may think they’re too basic, but the basics are often the most effective.