To survive in the crypto world, remember this three-word mantra: first, preserve capital; then, follow the trend; finally, earn profits.

1. Entry Criteria: Safety always comes first! Building a position should be like climbing stairs, with the first investment being at most 10% of the total funds, and the stop-loss line is a lifeline—having less is absolutely not acceptable.
2. Bottom-fishing techniques: Don't be fooled by false signals! You need to verify using both weekly and daily charts, paying attention to decreasing trading volume and the MACD showing a bullish divergence; only act once you confirm it's a true bottom.
3. Key points of the wave: When the price breaks through the high point, first lock in 30%-50% of profits; if there is a sharp drop of more than 15%, buy in batches at the bottom; during sideways movement, use "grid trading" to repeatedly profit from the price difference.
4. Positioning mindset: Consolidation is not silence, but rather a buildup before the storm! Hold your positions steady and don't fidget; the main upward trend can come suddenly, and if you let go, you'll miss out on the big surge.
5. Take-Profit Techniques: Don't get carried away during a surge! Move your stop-loss to the cost price after a 10% increase, and then adjust the take-profit line upwards by 5% for each subsequent increase, allowing profits to keep rising.
6. Averaging Down Method: Don't panic when prices drop! Use the "Pyramid Averaging Down Method". The first average down is 50% of the base position, and subsequent averages should be less, widening the price gap, specifically designed to treat being stuck.
7. Watching the market: Don't stubbornly hold on during range-bound fluctuations! Transfer funds to stablecoins or DeFi mining to preserve strength, and wait until the trend is clear before entering the market.
8. Cycle rules: When the price hits a second high at a high position and RSI exceeds 80, get out quickly; when it hits a second low at a low position and KDJ is below 20, buy boldly in combination with trading volume.
9. Trading Bottom Line: Remember firmly "Don't sell at a high, don't buy at a low"! Make a trading plan in advance and don't let emotions lead you.
10. Time-based strategy: Take profits early in the morning when there's a rapid increase, be cautious of traps during afternoon rises, consider lightly entering after a decline at the end of the day, and don't panic sell during a morning plunge; timing is key.
These rules are weapons summarized from practice, but the market changes quickly, so one must be flexible, manage risks well, and only then can one laugh last in the crypto world. #我的Gate时刻#