Is there a guaranteed profit in crypto trading?
Guaranteed profits? Crypto experts teach you the secrets of capital allocation and risk control!
After struggling in the crypto world for eight or nine years, I have finally saved up an eight-digit fund. Today, I want to share the experiences I've summarized over the years in a more down-to-earth way.
First, capital allocation and risk control are super important. I divide my money into five parts and only use one-fifth to play each time, so even if I lose, it's just a little bit; losing five times still only amounts to 10%.
Second, following the trend is the way to go. During a downturn, rebounds are deceptive; during an uptrend, pullbacks are opportunities to buy cheaply.
Third, never touch those coins that spike dramatically in a short time, whether mainstream or altcoins; very few can sustain their rise. After a spike, there’s basically no momentum left, and once the high stagnates, a decline follows.
Fourth, the MACD indicator is also a good tool that can help you determine when to enter the market and when to exit. When DIF and DEA cross below the zero line and then break above it, that’s a good time to enter; when they cross above the zero line and then move downward, that’s when you should exit.
Fifth, the term 'averaging down' is simply a trap in the crypto world. Many people average down as soon as they incur a loss, resulting in deeper losses and pushing themselves into a fire pit.
Sixth, trading volume is also key; it is the lifeblood of the crypto world. When the price is low and trading volume suddenly increases, that's a signal to pay attention; when the price is high and trading volume increases but the price doesn't rise, that's a signal to run away quickly.
Seventh, only invest in coins with an upward trend; this maximizes your chances of winning and doesn't waste time. By observing short-term, medium-term, and long-term moving averages, you can determine whether the trend is up or down.
After struggling in the crypto world for eight or nine years, I have finally saved up an eight-digit fund. Today, I want to share the experiences I've summarized over the years in a more down-to-earth way.
First, capital allocation and risk control are super important. I divide my money into five parts and only use one-fifth to play each time, so even if I lose, it's just a little bit; losing five times still only amounts to 10%.
Second, following the trend is the way to go. During a downturn, rebounds are deceptive; during an uptrend, pullbacks are opportunities to buy cheaply.
Third, never touch those coins that spike dramatically in a short time, whether mainstream or altcoins; very few can sustain their rise. After a spike, there’s basically no momentum left, and once the high stagnates, a decline follows.
Fourth, the MACD indicator is also a good tool that can help you determine when to enter the market and when to exit. When DIF and DEA cross below the zero line and then break above it, that’s a good time to enter; when they cross above the zero line and then move downward, that’s when you should exit.
Fifth, the term 'averaging down' is simply a trap in the crypto world. Many people average down as soon as they incur a loss, resulting in deeper losses and pushing themselves into a fire pit. Sixth, trading volume is also key; it is the lifeblood of the crypto world. When the price is low and trading volume suddenly increases, that's a signal to pay attention; when the price is high and trading volume increases but the price doesn't rise, that's a signal to run away quickly.
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