My Key Rules for Success in the Crypto Market

Understanding Market Sentiment:

It’s impossible to act correctly without knowing your opponent and their behavior.
The cryptocurrency market is like a jungle where everyone strives to survive and make a profit. Remember, the market is always against you.

Market Phases and Cycles:

The market goes through different phases such as bullish and bearish.
Learn the common manipulations and basic chart patterns. There aren’t many of them, but mastering these will give you an edge over most market participants.

Narratives:

Each narrative, such as AI, DeFi, SocialFi, NFT, has its moment.
It’s crucial to be in the right place at the right time. Don’t bet heavily on NFT trading when everyone is buzzing about memecoins.

Great insights! Understanding market sentiment, recognizing market phases, and following the right narratives are key strategies for success in the crypto market. How have these rules helped you in your trading journey so far? Also, could you leave a comment on my page?