Brothers, don't rush into trading cryptocurrencies! I have been in the crypto space for 8 years, losing until dawn in the early years. Now I consistently earn over 50% annually, all thanks to these few practical strategies. Newbies can follow them to avoid detours!
First Tip: Never reach out when the signals are unclear. If the K-line patterns you have repeatedly verified haven’t appeared, it’s better to stay in cash and watch videos than to enter the market. Just like at the poker table, don’t bet unless you have a good hand; controlling your actions is the first step.
Second Tip: Evening market trends are more reliable. The daytime market fluctuates wildly, with fake news about both good and bad news everywhere. Main funds usually enter the market after 9 PM; at this time, the volume-price relationship is more authentic, and the trend reveals its true shape.
Third Tip: Secure profits promptly. As soon as you earn 1000 USDT, immediately transfer 30% to your fiat account! I’ve seen too many people earn based on unrealistic expectations but fail to take profits. In the end, when the market reverses, they get stuck with their principal. Securing profits is true profitability.
Fourth Tip: Wait for indicator resonance before placing orders. Set up TradingView’s indicators: when MACD forms a golden cross, RSI exits the oversold zone, and the Bollinger Bands break out, only then act. This can double your win rate.
Fifth Tip: Move your stop-loss to lock in profits. When your position earns 100 USDT, raise the stop-loss by 50 USDT, rolling it over to lock in profits; if you cannot monitor the market while out, set a hard stop-loss of 5% to avoid the risk of a midnight spike causing liquidation.
Sixth Tip: Enforce weekly asset division. Whether you earn 10,000 USDT or 1,000 USDT in a week, transfer 30% of the profits to an offline wallet at exactly 3 PM on Friday. Over time, compound interest will make your principal grow thicker.
Final Reminder:
Focus on 1-hour charts for entry points,
Switch to 4-hour charts to check support and resistance levels during sideways fluctuations;
Leverage newbies should open a maximum of 3x; anything above 10x is gambling with your life;
Avoid scam coins; they are purely for scamming investors;
At most 3 trades a day; overtrading leads to losses.
Remember, the more calmly you watch the crypto market, the better you can avoid emotional trading, and your wallet will grow fatter!
I, Maomao, do not boast or make empty promises; I only share practical risk control experiences that can help you survive in the crypto space. The team still has a few spots available. Do you want to walk the stable path together? It’s up to your choice. @比特阿猫