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After so many years of trading, the truth always hits hard. Today I’m sharing some experience gained through real money, not to create hype, but to talk with those who truly consider this profession.
**1. A Strong Coin Dropping Rapidly Is Actually a Signal to Enter**
Watching the leading coin fall for 8 to 9 days straight, most people would have already freaked out. But at this point, what you should really do is check your confidence. The market is never washing out the price; it’s washing out retail investors’ psychology.
**2. Consider Taking Profits After a Two-Day Surge**
Any coin that rises continuously for 48 hours, you need to understand one principle: greed will ultimately prevent you from gaining anything. In the crypto world, traders who dare to take profits can truly survive longer.
**3. Don’t Rush to Chase Large Daily Gains**
When the increase exceeds 7%, the next day’s opening often continues to push higher. Be patient and watch the bullets fly; the profits often stay in your account overnight.
**4. Wait for a Pullback Opportunity for Leading Coins**
Chasing high is always a trap; the real entry point is when the price consolidates with low volume and stabilizes. Instead of chasing the top, it’s better to wait for a clear bottom.
**5. Be Cautious if Consolidation Lasts Over 72 Hours**
If the market oscillates for more than three days without a clear direction, it’s a sign to exit. In the crypto market, time costs more than anything.
**6. Cut Losses Quickly on Continuous Loss Positions**
If you fail to recover the previous day’s losses the next day, it indicates the bullish momentum has weakened. Remember: timely stop-loss is to stay alive and come back; stubbornly holding on is true self-sabotage.
**7. There Are Patterns Behind Consecutive Bullish Days**
Three consecutive bullish days often lead to five in a row. A five-day rally usually signals that the seven-fold sky is near. Those who understand candlestick rhythm will find trading like using cheat codes.
**8. The Relationship Between Volume and Price Never Lies**
A sudden increase in volume at a low point indicates the main force is knocking on the door. High volume at a high price with stagnation suggests the whales are quietly retreating. Volume is the most honest indicator.
**9. Identifying the Trend Direction Is Key**
When the 3-day moving average turns upward, short-term traders have an opportunity. When the 30-day moving average starts to rise, medium-term holders should begin to pay attention. When the 80-day line surges, it’s a true signal of a major upward wave. When the 120-day line shoots up, it’s a rare multi-year wealth-building opportunity.
**10. There Are Secrets to Turning Small Accounts Around**
Starting with 5,000 yuan can still lead to a million-yuan journey. But the prerequisites are: strong trading discipline, systematic operations that defy human nature, and swift execution.
The crypto world is never short of stories of overnight riches. What’s truly rare is surviving three years after getting rich. The essence of trading is a game of probabilities; those who succeed are always those with a solid methodology and strong psychological resilience.