A few months ago, a friend was on the verge of liquidating his holdings, chasing highs and cutting losses every day, and his mindset was collapsing. He asked me, 'Sen, is there still money to be made in the crypto space for 'ordinary people'?' $ETH
I told him, 'It's not that there are no opportunities, but you are too anxious.' Later, I shared a few tips with him, and he followed them, gradually stabilizing his account. Today, I'll share them with you:
1. Don't chase highs and cut losses
Most hot stocks are in the 'distribution' phase; the real opportunities come when the market is ignored, and emotions are at their lowest.
2. Don't go ALL IN
No matter how small the principal, always keep 30% cash on hand to buy more during market corrections.
3. Position management is very important
Most people lose money not because they were wrong, but because they went all in at once. Never go all in!
For short-term trading, remember:
Do not act during consolidation periods; it's best to observe;
Big bearish candles often present opportunities after panic;
There are rebound opportunities after significant declines;
Build positions in batches, don't jump in all at once;
During consolidation periods after big rises, take profits in a timely manner.
This is not a foolproof technique, but a method to avoid liquidation and survive. Take your time, that's the fastest way. The crypto space won't close its doors just because you are slow, but it will teach you a harsh lesson if you are too anxious.
Staying steady is the key to going far. If you are still confused about what to do, you can follow Da Sen; I will share my thoughts and strategies in the chatroom! #加密市场反弹 #加密市场观察
