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Many people say that the crypto world is a game for the smart, but in reality, those who survive in the end are often traders who stick to the "dumb method." This methodology has undergone multiple cycle tests in the crypto market and is especially helpful for beginners.
**Quick Overview of Key Trading Rules:**
1. During a major market crash, if a certain coin only drops slightly, it often indicates that funds are supporting the price, so you can continue to hold;
2. Use the 5-day moving average for short-term trading (hold if stable, sell immediately if broken), and the 20-day moving average for mid-term trading (same logic). Following these rules is 100 times more important than predictions;
3. The best buying point is when the main upward wave is established and there is no volume increase. Then follow the rhythm of "continue holding if volume increases, hold if the downtrend with reduced volume hasn't broken, and reduce positions quickly if volume drops below the trend";
4. If you hold a position for 3 days with no significant action, sell decisively. If losses reach 5%, cut losses immediately—don't give yourself false hope;
5. When the coin price is halved from a high and has been falling for more than 8 consecutive days, entering an oversold zone, consider deploying;
6. Only trade leading coins (those that lead during uptrends and resist decline during downtrends). Don't get caught up in the percentage gains; the core is to deploy at high levels and act at even higher levels;
7. Always follow the trend. Choose a "suitable" buy-in price, not the "lowest." Abandon guessing bottoms and stay away from weak coins;
8. After making profits, review your trades carefully. Distinguish whether the profit was due to luck or skill. Building your own trading system is essential for sustained profitability;
9. Don't trade if you're not confident. Holding cash is also a strategy. Preserving capital always comes before chasing profits. Improving success rate is more valuable than increasing trading frequency.
The crypto market changes rapidly. The core of these rules is not to teach you how to get rich overnight, but to help you survive longer and earn more steadily in long-term trading. Beginners might review their trading records following this approach, often gaining unexpected insights.