For brothers just entering the crypto world, don't be filled with dreams of getting rich 💸 First, learning to "not lose money" is the real skill. Do you have 1000U on hand? This way you can play safely.
Step one: break down the money: divide 1000U into 5 parts, and only use 200U each time you enter the market. Don't exceed 20x leverage; new players are greedy for high leverage, and a slight market shake can blow their mindset. Throw the remaining 800U into a wealth management account, and don't touch it!
What if you lose 200U? Don't average down! First, stop and review, take a break for a day or two. The market has opportunities every day; life is more important than opportunities. Once you're adjusted, break down the 800U into 5 parts, investing 160U each time, with one goal: steadily earn it back.
If you made money, you need to know how to take it: for example, if you earn 300U, keep 100U rolling and withdraw 200U directly 💰 This is the confidence of "holding on." Being fully invested is retail hell; with 10x leverage, if you're off by 10%, you'll get liquidated. A 20% annual volatility in BTC is very common; a single blow can wipe it all out.
Experts don't rely on win rates to become gods; a 60% win rate is enough to live well. The core is understanding position size and knowing when to cut losses. Memorize these iron rules👇
Position Risk Control: Single loss should not exceed 2% of total funds, if you lose three consecutive trades, take a break for two days, if a single trade loses 6%, liquidate immediately; set a breakeven stop-loss for profitable contracts, lock in half the profits when margin doubles.
Mindset Management 😌: If your emotions are bad or you’re feeling numb from losses, absolutely do not place trades. Don't operate against the trend, avoid chasing highs and lows; waiting for opportunities is more reliable than rushing into the market.
⚠️ Important reminder: Contracts are a double-edged sword; they can cut others but can also cut yourself. Start with small funds of 300-500U, leverage no more than 20x, stop losses at 200-300U losses, and set a profit-taking stop-loss after gains (if profits are less than 30%, close the position).
Withdraw profits and leave the market; don't leave all your chips on the table. The market doesn't lack opportunities, but it lacks those who can play safely. Follow along with Da Sen, and you can earn steadily regardless of position size! #Crypto #币圈暴富
