If you are currently losing and doubting life? These six principles will help you turn around in the crypto world!
Recently, the volatility in the crypto market has caused many people's mental states to collapse, and some have even started to doubt life—but let me tell you, losses are not scary; what’s scary is lacking direction. Today, I want to share with you the six principles I have summarized over the years; follow them, and stable profits are not a dream! If you are currently losing and feeling overwhelmed, take 3 minutes to read this article, and it may help you rebound from the low!
1. Observe the trend, go with the flow
Don’t use your little cleverness to go against the market! The general trend determines how far you can go. If the 5-day line is above, be firm in going long; if below, decisively go short. Instead of thinking about reversing against the trend, learn to operate in accordance with it to last longer!
2. Test the waters, small losses, big gains
Each time you enter the market, first look for those positions where the stop loss is only a few dollars but has the potential for 10 times the return. When first entering the market, the bottom position is the best entry point; if wrong, it's just the cost of a few meals.
3. Cut losses decisively, don't get emotional
The market changes rapidly; once a key level is broken, you must decisively stop loss. Never get emotionally attached to your positions—once the market turns against you, cut them immediately. If the market rebounds after you cut your losses, it’s okay; re-entering is always better than holding on to hope and facing liquidation!
4. Adding positions is the key
After making the first wave of profits, don’t rush to leave. Wait for a pullback to the support level, then add positions. Remember, be cautious when adding positions; treat it like the first time you opened a trade, and don’t be blind!
5. Move the stop loss, protect profits
Every time you add a position, move the stop loss up. This way, no matter how the market moves, you end up with only profits, and you can sleep peacefully at night.
6. Let profits fly, seize big gains
Real profits come later; it’s not about making a small 10% profit and running away. Wait for clear top signals in the market, then decisively sell; this is what you should earn!
These six principles are simple, but not many can execute them. Friends with poor execution often fail due to details. If you can control your actions, the money you earn is definitely just a matter of time! I realized this back then, and my account balance started to rise steadily.
If you can do these, the crypto world is just a place to make money, not a pit for losing money. #加密市场回调 $BTC
