After seven years of trading cryptocurrencies, starting with 50,000 and now over 50 million, I rely on a stable approach with a 50% position, achieving a monthly return of up to 70%. I passed this unique secret to my apprentice, who doubled his investment in just three months. Today, in a good mood, I want to share these treasures with you all; remember to save them well! $ZEC
1. Divide your capital into five parts, and only invest one-fifth each time! Control a 10% stop-loss; if you make a mistake once, you only lose 2% of your total capital, and losing five times would result in a 10% loss. If you make a correct prediction, set a take-profit of over 10%. Do you think you will still get stuck?
2. How to increase your win rate again? In simple terms, it’s just two words: go with the trend! In a downtrend, each rebound is a trap to lure buyers, while in an uptrend, each drop creates a golden opportunity! Which do you think is easier to profit from, bottom fishing or low buying?
3. Avoid touching cryptocurrencies that have experienced rapid surges in the short term, whether mainstream or altcoins; there are very few coins that can make several waves of major upward movements. The logic here is that it is quite difficult for a coin to continue rising after a short-term surge. When prices stagnate at a high level and cannot rise further, they will naturally fall. It's a simple principle, but many people still want to take a gamble.
4. You can use MACD to determine entry and exit points. If the DIF line and DEA cross above the 0 axis, and then break below the 0 axis, it is a stable entry signal. When MACD forms a dead cross above the 0 axis and moves downward, it can be seen as a signal to reduce positions.
5. I don't know who invented the term 'averaging down', but it has caused many retail investors to stumble and incur huge losses! Many people keep averaging down as they lose more, and the more they average down, the more they lose. This is the most taboo in trading cryptocurrencies; it places you in a dead end. Remember, never average down when in a loss, but increase your position when in profit.
6. Volume-price indicators are essential; trading volume is the soul of the cryptocurrency market. Pay attention when the price breaks out with increased volume at low levels during consolidation, and decisively exit when there is a volume stagnation at high levels.
7. Only trade cryptocurrencies that are in an upward trend; this maximizes your chances and saves time. A 3-day moving average turning upwards indicates a short-term uptrend, a 30-day moving average turning upwards indicates a medium-term uptrend, an 84-day moving average turning upwards indicates a major uptrend, and a 120-day moving average turning upwards indicates a long-term uptrend.
8. Insist on reviewing each session, checking whether the holdings have changed, technically analyzing whether the weekly candlestick trend matches your judgment, and whether the direction has changed trends. Adjust trading strategies in a timely manner. #币圈生存法则
Follow Sen Ge, and let systematic thinking guide you through the fog of investment.
