Want to survive long-term in crypto trading? Remember these 8 "Veteran Rules" to save your life


Newbies lose money impulsively, veterans profit steadily. Honestly, it all comes down to one thing— a sense of rules.
After eight years of trading, I rely not on talent but on a set of "methods to hold yourself back at critical moments."
Today I’ll clarify them. If you’re reading this, you’re one of the fortunate.
1. Don’t look at the big market, don’t act.
Only watching daily charts for short-term trading? That’s not enough.
Daily charts determine the direction; 30-minute charts handle entries.
Some bearish candles look weak, but a 30-minute view shows a beautiful structure, and the next day it gaps up with a long bullish candle—such opportunities don’t need to be many; two or three times a year is enough to eat well.
2. When the trend isn’t aligned, a little extra caution is wise.
If the direction and structure are inconsistent, you can profit even in reverse, but that’s luck, not skill.
Following the trend is always the lowest-cost choice.
3. If you’re not near the hot spots, take a break.
Short-term trading is all about capital flow.
If you’re not in the hot zones, you’re fighting in a vacuum.
4. Always follow your plan, don’t act on emotions.
Impulsive moves are the primary reason many lose money.
"Trade your plan, plan your trade."
5. Don’t blindly trust anyone.
Others’ opinions are just hints at best.
Your own judgment is the steering wheel of your position.
6. Decide the direction first, then choose the coin.
This is a common trait among all experts.
If you pick the right direction, even a mediocre coin can make gains;
if you get the direction wrong, even the top coin can be reversed against you.
7. Entering during an upward structure is gambling; guessing the bottom is gambling.
Liking to bottom-fish means liking to be educated.
Prices always move toward the least resistance; coins in an uptrend are the ones with the least resistance.
8. After big wins or big losses, you must rest.
Whether it’s to boost confidence or add to positions, emotional trading has nearly zero success rate.
A day out of the market makes the charts look much clearer.
In my ten years, “rest after big wins or losses” has an accuracy rate over 90%.
It’s not skill that makes money, but system + discipline + execution.
If you engrain these eight rules into your bones,
you’ll realize:
Many losses can actually be completely avoided.
Markets are always present, opportunities don’t wait. To stay on beat and not get lost, follow Sister Lin and strategize together!#加密市场观察
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EagleEyevip
· 15h ago
Thanks for sharing this informatipon
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EagleEyevip
· 15h ago
Thanks for sharing this informatipon
Reply0
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