Many people enter the cryptocurrency market with the hope of using trading to support their families. However, most stumble due to two common traps: entering too early and being unable to let go of greed.
In my early years, I also paid a heavy price for “guessing the bottom” and “believing I entered earlier than others.” Only when I built and strictly followed the 10 ironclad principles below did I gradually turn crypto from a gamble of chance into a stable and controllable income source.
If you truly want to rely on crypto trading to support your life, read carefully and remember each of the following principles.
Never Enter Too Early When Coin Is In The High Zone
When a strong coin drops continuously for 9 days at a high price range, it’s a clear signal that distribution is happening.
👉 Only follow after the trend has been confirmed, absolutely do not “reach out to catch falling knives.”
Entering early doesn’t make you smarter, it only makes your account evaporate faster.
Coin Rises for 2 Consecutive Days – Take Profit on Half
No matter how strong the momentum, after 2 consecutive days of increase, reduce at least 50% of your position.
✔ Profits taken are your real money
✘ Unrealized profits are just illusions
Greed is the one that often “returns” profits to the market.
Increase Over 7% in One Day – Absolutely Do Not Chase the Top
If a coin increases more than 7% in a day, don’t rush to buy the next day.
H:
Observe price behavior
Wait for a clear correction
Only enter when there is a confirmed support bounce
👉 Strong coins don’t fear waiting, only those lacking discipline fear missing out.
Sideways Movement Is a Dangerous Zone
Sideways is a drain on your account.
Sideways for 3 days → observe more
Sideways for 6 days with no action → switch coins immediately
The market doesn’t pay for blind patience, only for capital efficiency.
Cut Losses Decisively And Ruthlessly
If the next day’s buy-in still doesn’t break even, exit immediately.
❌ No holding on
❌ No hope
❌ No “long-term trading”
A prolonged battle only causes:
Mental fatigue
Locked capital
Repeated mistakes
Master the Rhythm “Three – Five – One – Seven”
Market rhythm is not random:
After 2 days of increase, the third day is the right time to enter a low-cost position
The fifth day is often the point to take profit
Don’t aim to hold until the seventh day if the market lacks momentum
Those who understand the rhythm are ahead of the crowd.
Volume and Price Are the Soul of Trading
Price rising on low volume → a sign of impending breakout
High volume but no price increase → risk of distribution
👉 In the second case, exit immediately, don’t become the “last buyer.”
Only Trade Coins in an Uptrend
Let the moving averages lead:
3-day MA: short-term opportunity
30-day MA: medium-term trend
80-day MA: signal for large positions
120-day MA: identify overall bull market trend
Going against the trend is like swimming against a strong current.
Divergent Coins – Ignore Good News or Exciting Stories
Good news, compelling stories, community hype…
👉 If the trend diverges, do not touch.
The market doesn’t reward faith, only discipline.
Trade to Survive Long-Term, Not to Get Rich Quickly
The goal of traders supporting their families is not:
All-in
Multiplying the account in a few days
But:
Survive through all cycles
Preserve capital
Repeat small but consistent profits
Conclusion
Crypto is not a shortcut to changing your life, but a test of discipline and humanity.
The 10 principles above won’t help you win every trade, but they will help you:
Avoid deadly mistakes
Preserve capital
Turn trading into a long-term job, not a gamble
If you want to rely on this market to support your family, follow the principles rather than trust emotions.
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10 Iron Principles to Help Crypto Trading Become a Stable Source of Income
Many people enter the cryptocurrency market with the hope of using trading to support their families. However, most stumble due to two common traps: entering too early and being unable to let go of greed. In my early years, I also paid a heavy price for “guessing the bottom” and “believing I entered earlier than others.” Only when I built and strictly followed the 10 ironclad principles below did I gradually turn crypto from a gamble of chance into a stable and controllable income source. If you truly want to rely on crypto trading to support your life, read carefully and remember each of the following principles.