Gate Square “Creator Certification Incentive Program” — Recruiting Outstanding Creators!
Join now, share quality content, and compete for over $10,000 in monthly rewards.
How to Apply:
1️⃣ Open the App → Tap [Square] at the bottom → Click your [avatar] in the top right.
2️⃣ Tap [Get Certified], submit your application, and wait for approval.
Apply Now: https://www.gate.com/questionnaire/7159
Token rewards, exclusive Gate merch, and traffic exposure await you!
Details: https://www.gate.com/announcements/article/47889
This time, no fluff, all trading insights gained from real money. Especially point 8, which saved me before three major crashes. Highly recommended to save and review whenever you have time.
Strong coins falling for nine consecutive days? Actually, it's a good time to enter. There is a market rule: when a strong coin drops for nine days in a row at high levels, in eight out of ten cases, it's mainly the main force shaking out weak hands; a true collapse is unlikely. I decisively went all-in on UNI on the ninth day after it was halved, and it rebounded 80% in seven days. But the key is to choose coins with real ecosystems and steady gains in the early stages, not to gamble foolishly on trash coins.
Reduce your position immediately after a two-day surge. Greed is the biggest problem in the crypto world. Last year, I didn't sell when SHIB skyrocketed for two days, and on the third day, I lost 40% of my profits. Now, my strict rule is: after a two-day rise, reduce your position by 70%, and keep 30% as a buffer against missing out. Opportunities are always there; protecting your principal is the most valuable.
Watch for the next day's performance after a 7% single-day increase. Data shows that coins that surge 7% in one day have over a 70% chance of hitting new highs the next day. But don't be too greedy; during the second wave of rise, take profits in stages. I usually sell half when volume increases the second time, and only sell the rest after breaking the previous high.
A strong coin's pullback is a good opportunity to buy. I lost a lot early on by chasing high prices. Later, I learned that truly bullish coins give investors three chances to buy on pullbacks. For coins like SOL, each pullback to the 30-day moving average is an excellent entry point. Missing the last pullback is the real missed opportunity.
If a coin consolidates for more than six days, just switch to another coin. Sometimes, time costs more than money. I once held ADA sideways for two weeks and missed a threefold increase in DOGE. Now, my rule is: once sideways trading exceeds six days, switch positions without hesitation.