If you want to achieve financial freedom in the crypto world, you must learn this set of trading methods!
There is a very foolish trading method that has almost a 100% profit.
From now on, I will seriously study trading, after 10 years of trading, I achieved a life turnaround through trading, and my assets have reached 8 figures.
This method I use is actually very simple, just 4 steps back and forth - from selecting coins, buying, managing positions to selling. I will explain every detail clearly to you!
Step one is to open the daily chart, only look at the daily level, MACD + golden cross coins, it's best to choose a golden cross above the O-axis, this effect is the best!
Step two is to switch to the daily level, here you only need to look at one moving average, called the daily moving average +, hold above the line, sell below the line.
Step three is after buying, if the coin price breaks above the daily moving average, and the volume is also above the daily moving average, buy in full.
Then the fourth is to sell, which is divided into three details: the first is the increase of the wave, when it exceeds 40%, sell 1/3 of the total position; the second is when the overall wave increase exceeds 80%, sell 1/3, and when it breaks the daily moving average, liquidate everything.
The fourth step is also the most important one. Since we take the daily moving average as our buying basis, if some unexpected situation occurs the next day and it breaks down, we must sell everything. Do not have a gambling mindset! Even though through our coin selection method!
The probability of it breaking down is very small!
But we still need to have risk awareness!
After selling, wait for it to stand above the daily moving average again, and then you can buy back!
For beginners in trading, to achieve 'no loss', you need rational planning, in-depth learning, and strict risk management. Here are detailed suggestions to help you reduce risk and avoid unnecessary losses:
Understand the essence and risks of cryptocurrencies.
(1) Understand the market characteristics.
• High volatility: It is common for prices in the crypto world to fluctuate by 10%-50% in a day, so be mentally prepared.
• High risk: There are no price limits in the crypto world; profits can come quickly, but losses can happen in an instant.
(2) Learn the basics of the industry.
• Technical basics: Understand how blockchain technology and cryptocurrencies work (such as decentralization, smart contracts).
• Project background: Research the actual use cases, team strength, community support, and other fundamentals before investing.
• Market sentiment: Learn to observe market sentiment indicators, such as the fear and greed index.
2. Use spare money to invest.
• Never invest living expenses: Only use funds that you can afford to lose.
• Avoid borrowing and leverage: It is not recommended for beginners to use leveraged trading, as the risks will be magnified.
3. Start with mainstream coins.
(1) Prioritize Bitcoin and Ethereum.
• Bitcoin (BTC) and Ethereum (ETH) have relatively low volatility and steady long-term trends.
• They have high market capitalization and liquidity, with lower risks compared to smaller coins.
(2) Avoid altcoins and new coins.
• Altcoins and new coins have greater volatility and are easily manipulated by large investors.
• If investing, it is recommended to keep it below 10%-20% of the total funds.
4. Diversify investments to reduce risks.
• Do not bet on a single coin: Diversify funds to invest in multiple quality coins to reduce the risk of a single project.
• Reasonable allocation ratio: For example, 70% mainstream coins (BTC/ETH), 20% potential coins, and 10% experimental small coins.
5. Set clear stop-loss and take-profit points.
(1) Stop-loss point.
• Set an acceptable maximum loss, such as 5%-10% of the principal. Sell decisively when reaching the stop-loss point to avoid further losses.
• Avoid emotional trading: Don't hold onto losses because of the 'possibility of rebound'.
(2) Take-profit point.
• Cash out profits promptly when reaching target returns (such as 20%-30%) to avoid losing gains due to market corrections.
6. Avoid frequent trading.
• Each trade incurs fees, and frequent operations can significantly reduce profits.
• Learn to patiently wait for market opportunities, and do not frequently enter and exit due to short-term fluctuations.
7. Choose safe exchanges.
(1) Compliant exchanges.
• Choose large platforms, such as Gate.io, to ensure fund security.
• Avoid using unknown or newly opened exchanges to prevent scams or security vulnerabilities.
(2) Enable account security measures.
• Use two-factor authentication (2FA).
• Do not keep large amounts of funds on exchanges for long periods; consider transferring to cold wallets.
8. Learn technical and fundamental analysis.
(1) Technical analysis.
• Learn simple technical indicators: candlestick charts, support and resistance levels, moving averages (MA), etc.
• Determine when to buy and sell to reduce blind operations.
(2) Fundamental analysis.
• Pay attention to the actual application scenarios of coins, development teams, and community activity.
• Be cautious about investing in 'air coins' or projects with no real value.
9. Avoid following trends and emotional trading.
(1) Stay away from FOMO (Fear of Missing Out).
• When market sentiment is high and coin prices are rising rapidly, do not blindly chase high prices.
• "Just because others are making money doesn't mean you can too"; learn to think independently.
(2) Do not be influenced by FUD (Fear, Uncertainty, and Doubt).
• When the market is down or there is negative news, avoid emotional selling.
• Analyze the authenticity of the news source and make rational judgments.
10. Consider a dollar-cost averaging strategy.
• Dollar-cost averaging (DCA): Invest a fixed amount in Bitcoin or Ethereum weekly or monthly to smooth out the impact of market fluctuations.
• Suitable for investors with a long-term bullish outlook on cryptocurrencies, especially beginners.
11. Avoid high-risk behaviors.
(1) Stay away from high leverage and contract trading.
• While leveraged trading can amplify profits, it also doubles losses, and beginners are prone to liquidation.
(2) Beware of new coin and airdrop scams.
• New coins are often easily manipulated by large investors, and the risks for beginners are extremely high.
• Be wary of airdrops from unknown sources and promises of high returns to avoid being scammed.
12. Observe market cycles and follow the trend.
• The crypto market has distinct bull and bear cycles, and beginners are prone to losses in bear markets; it is recommended to focus on learning and making small investments.
• In bull market phases, you can gradually increase your positions, but avoid chasing prices at peaks.
Summary: Core advice for beginners to avoid losses in trading.
Focus on learning: Master basic knowledge before investing, do not enter blindly.
Start with mainstream coins: Bitcoin and Ethereum have relatively low risks and are suitable for beginners.
Control risks: Allocate funds reasonably, set stop-loss and take-profit points, and avoid emotional trading.
Long-term thinking: Do not pursue quick wealth, gradually accumulate profits, and focus on long-term market trends.
DCA stable strategy: Suitable for most beginners, reducing volatility risks through dollar-cost averaging.
Remember: The cryptocurrency market is high risk and high reward, but long-term profitability requires patience, learning, and rational operation.
These days I am preparing for the launch of a new project!!!
Comment 777, get on board!!!
Uncertainty brings uncertainty brings uncertainty!!!
