Here are a few trading experiences I have summarized over the years of struggles to share with newcomers:
Strong coins have been falling for 9 consecutive days from their peak? It's time to consider entering the market. This time point is often a signal of emotional release. Conversely, if any coin rises for two consecutive days, caution is warranted, and it's time to gradually take some profits — greed can easily trap people.
There is a useful 7% rule: if a coin rises more than 7% in a single day, it usually has momentum the next day, so it’s worth keeping an eye on. But don’t rush to chase after truly bullish coins; wait for them to pull back and stabilize before making a move, as there will typically be a shakeout before the main upward trend.
What to do when the market is stagnant? My habit is to observe for three days. If there is still no change, I will give it another three days. If it remains stagnant, I will switch to another asset; time cost is still a cost. There’s also a hard rule for stopping losses: if the coin bought today can't even recover yesterday's cost tomorrow, just walk away. Don't struggle with yourself.
The trend of the gainers list is quite interesting — coins that appear on the third board are very likely to reach the fifth board, and those on the fifth board can basically be seen reaching the seventh board. Therefore, it is a good strategy to buy on the dips the next day after consecutive boards, and by the fifth day, it’s almost a good time to cash out.
The relationship between price and volume is of utmost importance. Trading volume is the heartbeat of the market; we must pay close attention to volume surges at low levels, and quickly exit when there is volume at high levels but stagnating prices. Many people lose money simply because they cannot understand the changes in trading volume.
There is a simple but effective way to select targets: only trade coins that are in an upward trend. A 3-day moving average crossover is a short-term signal, a 30-day moving average crossover indicates a mid-term opportunity, an 80-day moving average turning bullish represents a major upward trend, and if the 120-day moving average is also rising, holding long-term is generally not a problem. Using a moving average system filters out most noise, significantly improving the win rate.
Don't feel inferior with small capital; this market is not lacking in comeback stories. The key is to have the right methods, maintain a stable mindset, and execute discipline effectively. Many people do not lose to the market; they lose to their own emotions and a sense of luck.
There are many opportunities in the crypto world, but the pitfalls are deep. To survive and go far here, one must constantly review and continue learning. Most people are stuck in place not because they don't work hard, but because they are stubbornly pursuing the wrong direction. The market has daily fluctuations, but if you can't seize them, it has nothing to do with you.
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ApyWhisperer
· 9h ago
Here we go with the same old story again, entering the market after a fall for 9 days? Last time I believed it, it fell for another 15 days, Rekt.
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GateUser-26d7f434
· 11h ago
9 consecutive days of fall and buy the dip? Why do I always end up losing money by going against the trend?
View OriginalReply0
CryptoCrazyGF
· 11-30 21:58
The stop loss is truly a bloody lesson; how many people have perished on the words "just wait a bit more"...
View OriginalReply0
GasFeeCryBaby
· 11-30 21:56
Here we go again with this trap theory, entering the market after a fall for 9 days? I tried it, and it continued to fall for another 15 days, haha.
View OriginalReply0
DancingCandles
· 11-30 21:53
It's the same old story again, entering the market after a 9-day fall? I did the same thing last year and ended up trapped for three months, haha.
View OriginalReply0
NFTArtisanHQ
· 11-30 21:51
honestly the 7% rule feels like reconstructing the market's aesthetic impulses through pure quantification... like we're trying to tokenize sentiment itself. the real paradigm shift happens when you stop chasing volume candles and start interrogating the *why* beneath the price action. that's where the true digital provenance emerges.
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0xSherlock
· 11-30 21:33
Dare to enter after falling for 9 consecutive days? Why do I always end up losing in the opposite direction?
Here are a few trading experiences I have summarized over the years of struggles to share with newcomers:
Strong coins have been falling for 9 consecutive days from their peak? It's time to consider entering the market. This time point is often a signal of emotional release. Conversely, if any coin rises for two consecutive days, caution is warranted, and it's time to gradually take some profits — greed can easily trap people.
There is a useful 7% rule: if a coin rises more than 7% in a single day, it usually has momentum the next day, so it’s worth keeping an eye on. But don’t rush to chase after truly bullish coins; wait for them to pull back and stabilize before making a move, as there will typically be a shakeout before the main upward trend.
What to do when the market is stagnant? My habit is to observe for three days. If there is still no change, I will give it another three days. If it remains stagnant, I will switch to another asset; time cost is still a cost. There’s also a hard rule for stopping losses: if the coin bought today can't even recover yesterday's cost tomorrow, just walk away. Don't struggle with yourself.
The trend of the gainers list is quite interesting — coins that appear on the third board are very likely to reach the fifth board, and those on the fifth board can basically be seen reaching the seventh board. Therefore, it is a good strategy to buy on the dips the next day after consecutive boards, and by the fifth day, it’s almost a good time to cash out.
The relationship between price and volume is of utmost importance. Trading volume is the heartbeat of the market; we must pay close attention to volume surges at low levels, and quickly exit when there is volume at high levels but stagnating prices. Many people lose money simply because they cannot understand the changes in trading volume.
There is a simple but effective way to select targets: only trade coins that are in an upward trend. A 3-day moving average crossover is a short-term signal, a 30-day moving average crossover indicates a mid-term opportunity, an 80-day moving average turning bullish represents a major upward trend, and if the 120-day moving average is also rising, holding long-term is generally not a problem. Using a moving average system filters out most noise, significantly improving the win rate.
Don't feel inferior with small capital; this market is not lacking in comeback stories. The key is to have the right methods, maintain a stable mindset, and execute discipline effectively. Many people do not lose to the market; they lose to their own emotions and a sense of luck.
There are many opportunities in the crypto world, but the pitfalls are deep. To survive and go far here, one must constantly review and continue learning. Most people are stuck in place not because they don't work hard, but because they are stubbornly pursuing the wrong direction. The market has daily fluctuations, but if you can't seize them, it has nothing to do with you.