The biggest misconception small retail investors have is that being too diligent is always beneficial.
Over eight years, I’ve lost and I’ve even had blow-up moments too—it’s not like I’m some undefeated champion. But compared to most people, I’ve simply managed to stay in the game longer, and there’s one thing: when you shouldn’t move, you really don’t move.$HYPE
Don’t touch range-bound markets. If it’s just a three-day price swing, let whoever wants to trade do it—I won’t participate. Don’t chase a sudden surge. When people in the comments start shouting “to the moon,” that’s often when it’s time to leave.
Only look for a breakout when volume breaks through a key level. If the volume spikes too hard and the price can’t keep rising, leave immediately.#CardanoHardForkUpgradeSetForJuly18 $SKE.US
Only consider coins whose 55-day moving average is trending upward. No matter how pretty a downward-trending setup looks, don’t touch it. I don’t want to spend my time waiting it out with the main force, and I don’t want to gamble on a rebound during a decline. For position sizing, in the first trade, keep it to a maximum of 20%. Get it right and add; get it wrong and exit.
The crypto market doesn’t reward hard work—it only rewards the one right move. Those who watch the chart every day and trade frequently often end up with accounts that get thinner and thinner. People who truly survive spend most of their time waiting—and only act when the moment finally comes, striking that one刀.
Over eight years, I’ve lost and I’ve even had blow-up moments too—it’s not like I’m some undefeated champion. But compared to most people, I’ve simply managed to stay in the game longer, and there’s one thing: when you shouldn’t move, you really don’t move.$HYPE
Don’t touch range-bound markets. If it’s just a three-day price swing, let whoever wants to trade do it—I won’t participate. Don’t chase a sudden surge. When people in the comments start shouting “to the moon,” that’s often when it’s time to leave.
Only look for a breakout when volume breaks through a key level. If the volume spikes too hard and the price can’t keep rising, leave immediately.#CardanoHardForkUpgradeSetForJuly18 $SKE.US
Only consider coins whose 55-day moving average is trending upward. No matter how pretty a downward-trending setup looks, don’t touch it. I don’t want to spend my time waiting it out with the main force, and I don’t want to gamble on a rebound during a decline. For position sizing, in the first trade, keep it to a maximum of 20%. Get it right and add; get it wrong and exit.
The crypto market doesn’t reward hard work—it only rewards the one right move. Those who watch the chart every day and trade frequently often end up with accounts that get thinner and thinner. People who truly survive spend most of their time waiting—and only act when the moment finally comes, striking that one刀.
