Cryptocurrency circles are like a lawless world; if you want to survive long-term, relying solely on guts is not enough.
Since I entered the market in 2018, I have seen Bitcoin surge from $3,000 to $60,000, and I have also seen projects like LUNA go bankrupt overnight. Over these eight years, I have gone from a retail investor chasing gains and selling in panic to developing a stable approach to making money. Frankly, this is not some get-rich-quick secret, but a survival rule to stay alive and protect your principal.
The most painful truth in the crypto world is: most people don’t lose because they earn too little, but because they lose too quickly.
**1. Watch the trend, don’t rely on feelings**
"Follow the big trend, look for opportunities in small cycles"—this is my core principle. The weekly chart determines the direction, the daily chart finds entry points, and the 4-hour chart follows the waves.
For example, when the weekly MACD shows a bullish crossover and moving averages form a bullish alignment, even if the daily chart pulls back, it’s a good time to add positions; conversely, if the weekly chart shows a death cross, then a rebound on the daily chart means you should exit quickly. Never fight against the trend; bottom-fishing in a bull market is like catching a mountain slope, and trying to catch a rebound in a bear market is like catching a knife with your bare hands.
**2. Falling for 7-9 days? Pay attention to this signal**
If a strong coin drops for more than a week continuously, and shows long lower shadows with extremely shrinking volume, it’s probably a stage bottom. But there’s a prerequisite: you must look at the volume.
Price-volume combination is the underlying logic of trading. Sudden volume increase during low consolidation is a signal; if high-volume trading results in stagnation without further rise, you must exit immediately.
**3. After two days of rise, it’s time to hit the brakes**
There’s a curse in the crypto world: "Top three gainers have five, top five have seven"—meaning hot money always rotates, and today’s hot coin will pull back tomorrow. Coins that rise for two consecutive days often have already overextended their short-term enthusiasm.
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BlockchainBard
· 12h ago
Honestly, surviving is harder than making money. I was also involved in the LUNA wave, and I'm still hesitant now.
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TeaTimeTrader
· 15h ago
That's right, most people lose money too quickly and don't even have a chance to make a profit.
View OriginalReply0
ForumLurker
· 01-06 10:56
That's right, but I think the hardest part is still mindset; skills are all superficial.
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SnapshotStriker
· 01-06 10:55
That's right, but I'm just worried about going all in from the start and then forcefully climbing from the middle of the mountain to the bottom.
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StableBoi
· 01-06 10:55
It's a harsh truth but really hits home—protecting your principal is much harder than getting rich overnight.
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FlyingLeek
· 01-06 10:51
That's right, but most people simply can't reach that stage of "understanding."
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FUD_Vaccinated
· 01-06 10:37
That's right, most people have poor stop-loss awareness; they panic at the slightest pullback.
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GhostWalletSleuth
· 01-06 10:34
That's right, protecting the principal is more realistic than getting rich overnight. I only realized this after being caught several times due to greed.
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I've been using the weekly golden cross to add positions for two years, and it is indeed stable, but sometimes I miss the most explosive market movements.
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The combination of volume and price at low levels really shows how many people ignore trading volume and get trapped at high levels.
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Selling after two days of consecutive gains is a bit conservative; sometimes you can still catch the third day's rally.
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Having gone through so many cycles since 2018, your mindset is truly commendable, much more rational than most of the new retail investors now.
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I also experienced that wave of LUNA; just surviving means you've already won. Many people can't get past this hurdle.
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Chasing rebounds in a bear market and catching knives with bare hands—this metaphor is perfect. My many years of being cut has proven this saying.
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When volume and price don't match, it's a trap. This must be ingrained in your mind, regardless of any fundamental good news.
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That curse on the top gainers list is real; hot money rotates too quickly. Today's leader can become tomorrow's bagholder.
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Don't rely on feelings to judge the trend. It's easy to say but hard to do; only winners can stick to it.
Cryptocurrency circles are like a lawless world; if you want to survive long-term, relying solely on guts is not enough.
Since I entered the market in 2018, I have seen Bitcoin surge from $3,000 to $60,000, and I have also seen projects like LUNA go bankrupt overnight. Over these eight years, I have gone from a retail investor chasing gains and selling in panic to developing a stable approach to making money. Frankly, this is not some get-rich-quick secret, but a survival rule to stay alive and protect your principal.
The most painful truth in the crypto world is: most people don’t lose because they earn too little, but because they lose too quickly.
**1. Watch the trend, don’t rely on feelings**
"Follow the big trend, look for opportunities in small cycles"—this is my core principle. The weekly chart determines the direction, the daily chart finds entry points, and the 4-hour chart follows the waves.
For example, when the weekly MACD shows a bullish crossover and moving averages form a bullish alignment, even if the daily chart pulls back, it’s a good time to add positions; conversely, if the weekly chart shows a death cross, then a rebound on the daily chart means you should exit quickly. Never fight against the trend; bottom-fishing in a bull market is like catching a mountain slope, and trying to catch a rebound in a bear market is like catching a knife with your bare hands.
**2. Falling for 7-9 days? Pay attention to this signal**
If a strong coin drops for more than a week continuously, and shows long lower shadows with extremely shrinking volume, it’s probably a stage bottom. But there’s a prerequisite: you must look at the volume.
Price-volume combination is the underlying logic of trading. Sudden volume increase during low consolidation is a signal; if high-volume trading results in stagnation without further rise, you must exit immediately.
**3. After two days of rise, it’s time to hit the brakes**
There’s a curse in the crypto world: "Top three gainers have five, top five have seven"—meaning hot money always rotates, and today’s hot coin will pull back tomorrow. Coins that rise for two consecutive days often have already overextended their short-term enthusiasm.