To survive long in this market, what you need is not flashy technology but strict self-discipline. Today, I share six trading rules that can truly save your life—they won't make you get rich overnight, but they can help you avoid most deadly pitfalls.



**Only add to your position when it's profitable; never average down when you're at a loss.** Averaging down is the fastest way to amplify mistakes. Before each addition, ask yourself: "If I didn't hold this coin right now, would I buy it at this price?" Don't hesitate even for a second—hesitation means you shouldn't add.

**Learn to read the charts.** Don't rush to cut losses during a sharp dip at open; intra-day V-shaped reversals are very common in the crypto market. But pay attention to sudden surges at the close, which often signal short-term funds reducing their positions. Another detail—after extreme volume contraction, a slight rise often indicates a bottom; conversely, increasing volume with no upward movement usually means big players are quietly offloading.

**Find a trend-following tool that suits you and stick with it.** If your analysis skills are average, rely on moving averages—hold your position when the price is above the 5-day moving average, and exit if it breaks. For medium-term trends, look at the 20-day moving average. Don't fight the trend; this is the most effective risk control for ordinary traders.

**Execute take-profit and stop-loss mechanically.** Stop loss immediately when losses reach your preset level—never turn a short-term trade into a long-term hold. As profits grow, gradually raise your stop-loss in line with the price increase—for example, allow a maximum retracement of 5% when profit is 20%, and 10% when profit is 30%. In this rollercoaster market, preserving profits is a skill in itself.

**Observe your coins during major drops.** When the market plunges, if your holdings resist the fall or even sideways, it indicates support from funds. If they also decline but recover strongly the next day, it’s often a shakeout by the main players—these coins are worth paying close attention to.

**Overcome the impulse to chase rallies and sell on dips.** The best buying opportunities never occur during the market’s most frantic moments; they always come during calm retracements. Restrain the urge to panic-sell during declines—wait until key support levels are truly broken before acting. Control the emotions of "fear of missing out" and "fear of losing money," and you’ve already outperformed most traders.

In the end, trading is not about who is the smartest, but who is more disciplined. These principles act like insurance—ensuring that even if you make mistakes, you still have chips to stay at the table.
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BoredWatchervip
· 01-08 06:18
That's right, it's discipline. I've seen too many smart people lose everything in one go. Getting out after breaking the 5-day moving average sounds simple, but it's really hard to do in practice. This is real experience, much more reliable than those who constantly boast about doubling their investments. The example of adding to your position was brilliant; so many people get stuck here and lose everything. The key is not to panic during a big drop. I often get stuck right here.
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New_Ser_Ngmivip
· 01-08 05:17
All this talk boils down to one thing: not losing is winning. Don't bother with all those fancy tricks.
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IfIWereOnChainvip
· 01-06 06:12
It's so true. The key is that most people simply can't do it. The phrase "knowing is easy, doing is hard" hits too close to home.
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NFTragedyvip
· 01-05 21:44
That was really harsh. I’ve stepped into that pit during rebalancing before—what a painful lesson.
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DeFiChefvip
· 01-05 21:42
That's true, but how many can really stick with it... I am a cautionary example myself. Last year, I lost a lot because I got too emotional and over-averaged my positions.
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FantasyGuardianvip
· 01-05 21:26
Well said, the strategy of adding positions is indeed a quick way to cut leeks. --- Following the moving averages seems simple, but few actually do it; everyone wants to be the smart one. --- I agree that mechanically executing take-profit and stop-loss orders is important; emotions can ruin everything once they take over. --- Fear of missing out and fear of losing money—these two demons have indeed bankrupted most people. --- Coins that resist decline in the market are the real dark horses; following the trend downward can usually be abandoned. --- Discipline is much more valuable than technical skills, but most people would rather study K-line charts every day than restrain themselves. --- That question you ask yourself is truly a killer—hesitation means you shouldn't add; this has ended countless of my desperate struggles. --- I just want to know how many people can truly avoid adding to their positions; I haven't done it myself. --- The late-day surge is a sign of distribution—this detail I had completely overlooked before.
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