As a veteran who has been in the crypto space for 5 years, I have witnessed the myth of overnight wealth and have personally buried accounts due to liquidation. Today, let's talk about something practical: how to survive the drastic ups and downs with the 'Turtle Strategy'? The following is purely my personal opinion, and leverage is your choice!
First step: Split the money! Don't break the eggs in the same hole.
1,000,000 principal? First, let me 'disassemble it into five parts'!
First part: Enter the market at the current price and test the market temperature.
Second and third parts: Buy once when it falls by 10%, and buy again when it falls by 20% (equivalent to buying in batches).
Fourth and fifth parts: Sell one part when it rises by 10%, and sell another part when it rises by 20% (lock in profits, never be greedy).
Where is the bull?
If it drops, you have money to add to your position; if it rises, you have coins to take profit! Change your mindset from 'please don't drop' to 'drop, I'm ready to pick up cheap', and directly win at the starting line.
Step two: Operate! Remember three 'anti-human nature' principles.
Don't chase the rise: When others are FOMOing (fear of missing out), you sell according to your plan.
Don't panic sell: When others are in a panic, you buy according to your plan.
Not all in: Always keep some in reserve to deal with black swans (like the day Bitcoin plummeting 30%).
For example:
Bitcoin current price is 100000U, you buy one; if it drops to 90000U, add one; if it rises to 110000U, sell one. Execute mechanically, don't let emotions interfere! The market is specialized in treating all kinds of non-compliance; emotional trading ≈ giving away money.
Step three: Repeat! Until you become a 'ruthless trading machine'.
Out of money? This indicates that the position is full; just wait for the reversal.
Out of coins? This indicates that profits are taken, watching the storm with a smile.
Key point: Set stop-loss and take-profit levels for each trade in advance, for example, a single loss should not exceed 5% of the principal.
Personal rant: Why is this strategy suitable for ordinary people?
Counteracting volatility: The norm in the crypto world is 'price fluctuations are fierce', regular investment smooths costs, avoiding buying at half-mountain.
Reduce anxiety: Save the energy of watching the market every day, after all, you can make money whether the price goes up or down (either earn coins or make money);
Avoid traps: Don't touch leverage, don't follow the crowd on 'meme coins', stay away from familiar people for investment (even Jay Chou has stepped on landmines!).
But be careful! There is no perfect strategy; encountering a long-term bear market may lead to being stuck, so always invest with spare money!
There’s no 'sure profit' in the crypto world, only 'stable survival'. My philosophy is: slow is fast, less is more. Instead of fantasizing about getting rich, first practice the ability not to be thrown off the market.
What do you think? Let's discuss your anti-dip strategies in the comments section~ Follow Ake to learn more first-hand information and precise points in the crypto world, become your navigation in the crypto space, and learning is your greatest wealth!
