Ten years of Cryptocurrency Trading, the top ten iron rules from losing everything to earning back ten million!

After ten years of Cryptocurrency Trading, from losing 7 million to earning back 10 million, here are my top ten rules! I can't bear to see my brothers in the coin circle losing money, so I'm sharing everything publicly.
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I have been in the coin circle for over 10 years. Starting with an initial capital of 5000, I made over 10 million during the bull market, then lost everything in three years and even lost an additional 7 million. Finally, I borrowed 200,000 to turn things around and earned back 10 million. Throughout this journey, I have summarized the top ten iron rules of Cryptocurrency Trading, and today I share them with you in hopes of helping you avoid some detours!
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Iron Rule One: Understand market sentiment, trading volume is the core indicator.
- Volume surges while price stabilizes: A significant increase in volume while the price remains stable may signal the end of a downward trend.
- High trading volume with stagnant prices: A surge in trading volume without significant price increases may indicate a short-term peak has been reached.
- An increase in price accompanied by rising trading volume: During the price increase, the trading volume should maintain steady growth; an abnormal reduction or surge may indicate the end of the upward trend.
- Key node of decline with increased trading volume: When the price drops to a key position, the trading volume surges, indicating that the downward trend may continue.
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Iron Rule Two: Key price levels guide trading decisions
- Support, resistance, and trend lines: decisive action is key when prices reach these critical levels!
- Golden Ratio Principle: I use it to accurately predict support and resistance, with remarkable results.
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Iron Rule Three: Comprehensive Analysis of the Market Across Multiple Time Frames
- One Minute Chart: Capture precise entry and exit timing.
- Three-minute chart: Monitor the price fluctuation trend after entry.
- 30-minute to 1-hour chart: Capture the subtle changes in intraday trends.
Rule Four: Stay Calm After a Stop Loss
- Stop loss means the end of a trade: Each trade is an independent starting point; do not let the past affect your judgment.
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Rule Five: Efficient Position Management Strategy
- Three-Phase Accumulation Method:
1. The coin price stands above the five-day moving average, initial position established.
2. Break through the fifteen-day line, increase position
3. Stand firm on the 30-day line, wait with a full position.
- Strict stop-loss discipline: Reduce positions when falling below the five-day line; further reduce when falling below the fifteen-day line; fully retreat when falling below the thirty-day line!
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Rule Six: The Selling Strategy is Equally Important
- The high breaks below the five-day moving average: moderately reduce positions and observe the changes.
- Break below the 15-day and 30-day moving averages: decisively liquidate positions, leaving no regrets.
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