I relied on these five rules to go from liquidation to steady profits.
I used to go all-in, thinking if I didn't bet big with my small funds, how could I turn it around? I ended up getting liquidated three times, and my account hit zero. Later, I set five strict rules for myself, and that's how I slowly climbed back.
First rule: Never go all-in. Always use only 20% of my capital. If I take a loss, it won't hurt too much, and if I make a profit, I still have bullets in the chamber. Always keep over half of my funds in the account; that's my lifeline. $TSLAB
Second rule: No more trying to catch the bottom. Guessing the bottom in a downtrend is like trying to catch a falling knife. I wait for the trend to stabilize and confirm a pullback before I enter. Sure, I might miss the absolute bottom, but my win rate is much higher, and I can sleep soundly.
Third rule: Stay away from meme coins. Those coins that pump several times in just a few days? I steer clear of them. The market makers set the charts perfectly, and they’re just waiting for you to pick up the bag. I only trade mainstream coins; they move slowly but steadily.
Fourth rule: I only use one indicator, the MACD. A golden cross below the zero line? I wait until it’s above the zero line to consider entering. A death cross above the zero line? I reduce my position by half. Simple and clear, no second-guessing. $WLD
Fifth rule: Don't add to losing positions; only add to winning ones. I enter when there's a volume breakout and the price holds steady. Six words: Go with the trend, control your losses, don't rush.
If the line is going up, I hold. If it turns around, I exit. There are no magical strategies; it all comes down to self-discipline. If you can do it, you can survive. #MoneroRises8Point5PercentOnZcashBugBacklash $SNDK
I used to go all-in, thinking if I didn't bet big with my small funds, how could I turn it around? I ended up getting liquidated three times, and my account hit zero. Later, I set five strict rules for myself, and that's how I slowly climbed back.
First rule: Never go all-in. Always use only 20% of my capital. If I take a loss, it won't hurt too much, and if I make a profit, I still have bullets in the chamber. Always keep over half of my funds in the account; that's my lifeline. $TSLAB
Second rule: No more trying to catch the bottom. Guessing the bottom in a downtrend is like trying to catch a falling knife. I wait for the trend to stabilize and confirm a pullback before I enter. Sure, I might miss the absolute bottom, but my win rate is much higher, and I can sleep soundly.
Third rule: Stay away from meme coins. Those coins that pump several times in just a few days? I steer clear of them. The market makers set the charts perfectly, and they’re just waiting for you to pick up the bag. I only trade mainstream coins; they move slowly but steadily.
Fourth rule: I only use one indicator, the MACD. A golden cross below the zero line? I wait until it’s above the zero line to consider entering. A death cross above the zero line? I reduce my position by half. Simple and clear, no second-guessing. $WLD
Fifth rule: Don't add to losing positions; only add to winning ones. I enter when there's a volume breakout and the price holds steady. Six words: Go with the trend, control your losses, don't rush.
If the line is going up, I hold. If it turns around, I exit. There are no magical strategies; it all comes down to self-discipline. If you can do it, you can survive. #MoneroRises8Point5PercentOnZcashBugBacklash $SNDK