Five years ago, I traded cryptocurrencies like a madman, staying up at night watching the market, chasing highs and cutting losses, suffering from insomnia, and my account shrank from 100,000 U to 20,000.
Later, I used a set of 'stupidly simple' rules to earn a steady 50% every year. Now, I'm getting closer to my goal of 10 million.
The core principle is simple: if familiar signals don’t appear, I absolutely do not act. I'd rather miss out than make random trades. Thanks to this iron rule, I survived.
I share 7 life-saving experiences, all hard-earned from losses.
1. Make trades after 9 PM. During the day, news is chaotic, and false good news is everywhere. After 9 PM, the K-line is clean and directional. I never touch early market fluctuations.
2. Immediately take profits. If I earn 1,000 U, I withdraw 300 U to my card and play with the rest. I've seen too many people think 'if I earn three times, I can aim for five' and then give all their profits back during corrections.
3. Look at indicators, not feelings. I have TradingView on my phone; MACD crossovers, RSI overbought/oversold, and Bollinger Bands tight breaks. Only enter when at least two of these three indicators agree.
4. Be flexible with stop-losses. When monitoring the market, manually adjust stop-losses when profitable. For example, if I buy at 1,000 and it rises to 1,100, I raise the stop-loss to 1,050 to secure profits. When I leave, I set a hard stop-loss of 3% to prevent crashes.
5. Withdraw profits every Friday without fail. No exceptions; transfer 30% profits to my card. Not withdrawing is just a numbers game; the account just gets thicker.
6. There are tips for reading K-lines. For short-term trades, look at the 1-hour chart. If there are two consecutive bullish candles, consider going long. During sideways movement, switch to the 4-hour chart to find support levels to enter.
7. Avoid pitfalls. Leverage should not exceed 10 times; beginners should stay within 5 times. Avoid dog coins, shitcoins, and fakes. Limit yourself to a maximum of 3 trades a day. Never borrow money to trade cryptocurrencies.
Now I operate like I’m at work—trading after 9 PM, shutting down on time. Eat when it's time, sleep when it's time. My account steadily increases by 50% each year, and I’m not far from 10 million.
If you are also suffering from chasing highs and cutting losses, follow me. I’ll send you the 'Cryptocurrency Trading Manual as a Job,' which includes indicator setup templates, withdrawal plans, and a pitfall avoidance checklist. Follow it, and use discipline to exchange for steady profits.
Remember, trading cryptocurrencies is not gambling; it’s a job. Reach out to me actively, and I’ll guide you to 10 million using simple methods.
Keep following: $FHE $BOB $POWER
