#IP# The crypto world went from 50,000 to 3.58 million; you just need to remember these few sentences!

1. Short-term
1. Focus only on the top 5 mainstream coins every day, based on current market hotspots, news, daily MACD golden cross, BOLL opening and closing, and combined market trends, comprehensively consider and select highly volatile varieties for trading.
2. Control your position size:
50,000 divided into 20% means 5 parts, taking one part each time to build the position.
3. Never fully invest, at most 50%, always keep 50% in reserve for opportunities.
4. No more than 3 trades should be made in one day, and they should be manageable.
5. Never average down. If you enter a position and it loses 30%, exit promptly. This indicates that the timing of your entry was incorrect.
6. Set a stop loss at 30%. If it breaks, close the position unconditionally. Do not hold onto the position, as it will lead to death.
7. Never fall in love with candlestick charts, enter and exit quickly, remember!!!
8. Go with the flow; trends are king. Only engage with mainstream options, not with niche copycat varieties!
2. Crypto world lifesaving mantra (recommended to memorize)
1. Don't rush to run away after a big drop in the morning, it usually rebounds in the afternoon!
2. If there is a big increase in the afternoon, it's time to reduce positions, and there is a high probability of a pullback in the evening!
3. A decrease in volume while rising will still rise, and a decrease in volume while falling will still fall.
4. Prices tend to rise before major meetings or positive news, but will fall once the news is released.
5. Domestic prices will continue to drop significantly during the day, so it's time to buy the dip. At 21:30, foreigners will pump the market.
6. The key signal elements for buying and selling are the pin bars; the deeper the pin, the stronger the buy and sell signals.
7. When you have a heavily leveraged position, you will definitely face liquidation. Why? You will be closely monitoring the liquidation list on the exchange.
8. When your short position stop-loss is completed, it will definitely drop, not trick you out or blow up, how could it drop? For example, TRB.
9. When you are about to break even, just a little more, the rebound suddenly stops, how can you let yourself close the position and run away?
10. When you take profit, you make a fortune. If you don't get off the bus, how do you pump the price? The bus is too heavy.
11. When you are excited, the waterfall arrives as expected, and your excitement is also a lure from the庄~家.
12. When you are broke, every project is rising, making you FOMO and rush to enter the market. So you understand that the market is manipulated with a probability of over 80%. Apart from controlling your position, you must also take the initiative and be clear that you will not enter the market before confirming the operations of the big players. Once you enter the market, the exchange becomes the knife and you are the fish. Trading is a test of patience, composure, and timing.