In early January 2024, $BTC just surged from $40,000 to $48,000 after the approval of the spot ETF, then retraced to $42,000. Xiao Wang entered the crypto world with $1,000.
At that time, he mistook the bearish candlestick for a bullish trend and anxiously asked questions, scratching his head at the depth chart's buy and sell orders, even thinking that the slippage in "buy one sell one" was a system bug.
Who would have thought that three months later, his account soared to $10,000, while BTC rose from $42,000 to $71,000, an increase from $40,000 to $70,000, with a growth rate of 75%. Many speculated that he had insider information, but in fact, he relied on a simple method.
He divided his capital into 10 parts, using only $100 to open positions each time, strictly following the position management model.
He focused on resonance signals: the 1-hour chart MA7 golden cross MA21, while the 4-hour chart MACD also had a golden cross below the zero axis, and had to have volume support to enter the market.
He always placed conditional orders when opening positions, with a stop loss of 1% and a take profit of 3%, automatically executing trades at the specified points without holding positions.
He was also adept at choosing windows, avoiding liquidity gaps on non-farm payroll nights and after the Friday US market, only operating between 1-3 AM —
During this period, ETH had low network trading volume, with gas fees 40% lower than during the daytime non-peak periods. This is a typical feature after the Blobs update during non-peak times due to low trading volume,
with gas fees as low as 1-2 gwei, saving 30%-40% compared to non-peak daytime periods. This is a typical feature of network congestion alleviation after the Blobs upgrade, with weak long and short battles and few false breakouts.
After the first profitable trade, he reinvested half of the principal and profits, and with further wins, only operated with 2% of the total capital.
I have seen too many people in the crypto world gamble on news and go all in on contracts, yet they find even stop-loss and take-profit tedious.
Xiao Wang's 78% win rate proves that the crypto world has never been a casino.
In March 2024, $ETH surged past $4,100 by the end of the year, with a cumulative increase of 45.6%, and an annual growth rate of nearly 49%,
the real opportunities are always reserved for those who follow the rules, embedding discipline in their bones is more reliable than any insider information. #加密市场反弹
Follow me, I only talk about practical techniques that can be applied, see you in the Binance chat room.
