I know a young man who works diligently with contracts, is quite confident, and believes he can analyze the market faster than others.
He chases when it rises and cuts when it falls, being pulled by the market all day long, feeling restless, and his account has never stabilized.
Later, he asked me where the problem lies.
I gave him a piece of advice: buy when there’s a buying point, sell when there’s a selling point.
It sounds ordinary, but not many can do it.
Without clear signals, forcing your way in means being driven by emotions.
Once emotions take over, your judgment will be confused, your positions will be chaotic, and eventually, your funds will be in disarray.
The key is—you must first have your own buying and selling points.
It’s not about blindly following popular indicators or watching others call trades.
Everyone's rhythm, patience, and risk tolerance are different; only you can determine the buying and selling points that suit you.
Some prefer to trade breakouts, some like to trade pullbacks, some only trade strong coins, and some lean towards arbitraging in sideways markets. There’s no high or low, as long as it fits you, it’s a good method.
When you clarify your buying points, clarify your selling points, lock in your stop losses, and strictly follow the rules, the ups and downs of the market won’t sway you.
When it rises, you won’t be blindly excited;
When it falls, you won’t be in a panic;
The trades you hold are planned, not dictated by emotions.
Now the market is more volatile; a single spike can evoke a wave of emotions.
If you still rely on feelings to place orders, losses will definitely be the norm.
But as long as you establish the rules and adhere to "only enter when a buying point appears, only exit when a selling point is reached," you will naturally become more stable.
Trading cryptocurrencies isn’t about speed; it’s about rhythm.
When the rhythm is steady, the profits will naturally follow.
There are opportunities in the crypto world, but there are more traps. Few can truly make money; follow Uncle Nan, and he’ll help you turn things around in this market!
