Know:

The ultimate trick for trading cryptocurrencies is to "do subtraction."
The ability to sustain profits in the last six years stems from this. If you are determined to make this your profession, I hope you will engrave these ten iron rules in your heart.
1. Against Human Nature Operations
The common problem among retail investors is "holding on when losing, and running away when making a little profit." This must be completely reversed: after making over 15% profit, decisively take profits if it retraces to 10%; otherwise, let the profits run. If the principal suffers a 5% loss after buying, immediately cut losses. Discipline is the only protective charm.
2. Trading volume doesn't lie
A volume ratio of less than 0.5 and a new price high indicates that the main force is in control, and the future market looks promising. A limit-up with a volume ratio of less than 1 still has potential. A volume ratio greater than 1.5, breaking through a key level and then experiencing a volume contraction pullback, indicates a golden buying opportunity.
3. Positions should never exceed three.
Diversified holdings are a placebo for retail investors. I strictly control it to within 3, focusing to strike precisely. Any position that falls below the 25-day line must be cleared immediately.
4. Secrets of Market Language
The morning session falls sharply without cutting losses, often seeing a V reversal in the afternoon; a rise in the final session must be reduced, with most adjustments occurring the next day. A continuation of the trend with reduced volume indicates a turning point when volume increases and price stagnates.
5. Trend is King
Do not guess the top, do not bottom fish. When the moving averages are in a bullish arrangement, go long; in a bearish arrangement, stay on the sidelines. For short-term trading, focus on the 5-day line, and for medium to long-term trading, anchor to the 25-day line.
6. Divergence is gold
When there is a market divergence (such as a huge surge in volume after continuous rises), it is a buying point; when consensus is reached (everyone is bullish), it is a selling point. "First Yin Reversal" needs to meet the following criteria: popular leading stocks, deep pullbacks, sufficient turnover, and a stop of decline within three days.
7. Forced to close positions after profit
After making a big profit, the market will devour your rationality. Keeping an empty position is the highest level of self-discipline, with the aim of waiting for the next certain opportunity.
8. Endure the low cycle
In unfavorable times, keeping calm is the greatest competitive advantage. In the cryptocurrency circle, gains and losses originate from the same source; only by surviving the effects of losing money can one seize the next opportunity to profit.
9. Trading is a breakthrough from mediocrity.
Choosing this path is to reject a life that can be seen in one glance. It bets on freedom and is worth fighting for with pain.
10. Cognition is Wealth
You will never earn money beyond your understanding. Behind success are countless failures; if we are lucky enough to reach the shore, we should give back to the world with kindness.