Is there a brother left with only 3600U? Three months later, he actually made a comeback. I initially shared three tricks with him, and today I will share them all with you.
🎯 First trick: Short-term guerrilla warfare - learn to 'take the profit when it's good'.
Don't believe those tales of 'hundred times leverage to get rich overnight'! True short-term experts are like savvy guerrilla fighters, only fighting battles they are sure of.
Core principle: Capture 1-2 certain opportunities every day, set strict stop-loss lines, and don't be greedy.
Specific operations: I let that brother make at most two trades a day, choosing targets with solid fundamentals and relatively controllable volatility. If profits exceed 3%, consider taking partial profits, and if losses reach 2%, decisively stop loss. It's like cooking hot pot; thin slices of meat cook quickly, and if the broth becomes muddy, scoop it out immediately.
Practical result: He strictly followed the plan for three months. Although he didn't catch the so-called 'meme coins', he accumulated slowly through this 'spare change', and his account gradually recovered 15%. In a bear market, surviving is more important than anything.
🌊 Second move: Trend surfing — be a 'follower of the trend'.
The dumbest thing in a bear market is to blindly catch the bottom and hold on! My iron rule is: the trend is your only friend, don't compete with the market.
Core principle: Do not open positions against the trend; only follow up after a large trend is confirmed.
Specific operation: For example, last November during the Ethereum wave, I told that brother to patiently wait for the weekly trend confirmation before acting. After making a profit, when profits reached 30%, cash out half first, then move the stop-loss price of the remaining position to the cost price; protecting your principal is the bottom line.
Key mindset: The market never lacks opportunities; what it lacks is the discipline to hold onto profits. After eating the fish, leave some fish tail for others, no regrets.
🛡️ Third move: Survival money — your 'airbag' in the digital world.
In the cryptocurrency market, surviving is the hard truth; you must leave yourself an exit.
Core principle: Never invest all your funds into trading; reserve a portion as 'survival money'.
Specific operation: I told that brother to take out 1200U from 3600U as absolutely unmovable 'survival money'. During the crash in December, he used this portion of funds to add positions at key support levels and weathered the volatility.
Deep lesson: The market specializes in punishing all kinds of defiance. Survival money is your resurrection armor, which can keep you at the table in critical moments.
📝 My survival rules
Summarized a few iron rules from eight years of experience in pitfalls, which might help you avoid detours:
Position management: Control the risk of a single trade to within 2% of total funds.
Stop-loss discipline: Always set a stop-loss when opening a position. If losses reach 5%, stop-loss immediately; never take chances.
Capital reserves: Always keep at least 30% of funds as backup, never exhaust all your bullets at once.
The crypto world is never short of myths about overnight wealth, but it lacks survivors who can last until the end. I hope this method can help you navigate through bull and bear markets. If you find it useful, follow me for more hardcore content.
Remember, the market always has opportunities; surviving is the key to winning. Follow Bin Ge to learn more first-hand information and cryptocurrency knowledge. Accurate points become your navigation in the crypto world; learning is your greatest wealth!#巨鲸动向 #BinanceABCs $ETH
