The Foolproof Method to Make Money in the Crypto World: A Record Starting with 5000 Yuan
In the crypto world, some people get rich while others go to zero; I’ve seen it too many times. I started with 5000 yuan, without a big boss to guide me, relying on a foolproof method to make money steadily, achieving an annual return of over 50%, without having to monitor the market anxiously. Newbies should read this to avoid taking three to five years of detours.
Core Three Rules
Only operate after 9 PM; the market is chaotic during the day, with many false messages, but the trends are clear at night, leading to a higher win rate; withdraw profits whenever you earn, for instance, if you make 1000U, withdraw 300U first, and ensure to transfer 30% of the profits made during the week on Fridays, securing your gains; trust indicators, not feelings; enter the market only when at least two signals from MACD, RSI, and Bollinger Bands are in sync, and avoid following the crowd.
Stable Short-term Strategies
In a volatile market, use a 10-minute strategy with three conditions that must all be met: RSI ≤ 30, price stabilizes at support for over 3 K-lines, and trading volume increases by 3 times.
Leverage Red Lines
I have grown from 500,000 to 25,000,000 over 4 years, and my leverage has never exceeded 2 times. Newbies should not touch more than 5 times leverage, as it is purely gambling.
Ironclad Rules for Stop Loss and Take Profit
Stop losses must be executed; sell 20% to lock in profits when you earn 15%, and clear all positions when RSI ≥ 70, without being attached to trades.
Entry Choices
Newbies should choose the right side (enter when the trend is clear), as this has a higher win rate; the left side (enter before the trend is confirmed) is suitable for experienced traders.
Four Pitfalls to Avoid
Leverage for newbies should be ≤ 5 times (maximum 10 times); do not touch unknown altcoins; a maximum of 3 trades per day; absolutely do not borrow money to trade crypto.
Money earned in the crypto world by luck will eventually be lost through strength. Long-term profitability relies on risk control; staying alive is more important than making quick money. There are many opportunities in the crypto world; first, learn to survive, and then steadily use the right methods for long-term success.