A newcomer to the crypto world, 9 out of 10 are fixated on the 'doubling myth', but they can't even understand the candlestick chart, resulting in losing their capital completely. #币圈暴富
To be honest, the first lesson for beginners can be summed up in three words: survive. #加密市场反弹
① Position management is crucial; never go all in! If you have 1000U, don't throw it all in at once; split it into 10 parts, only trade 100U each time.
Keep the leverage strictly within 20 times; if there is no clear trading signal, hold back. Liquidation is never the market's fault; it is greed at play.
The remaining 900U is your 'safety cushion'; don't touch it.
Stop trading when you lose 100U; don't add to your position or get too emotional. Close the software and review for two days before deciding.
② Take profits; don't become a 'paper millionaire'.
Made 300U? Keep 100U to continue trading, and immediately transfer 200U to a cold wallet.
The core of winning in the crypto world is not about making a lot but about being able to take a lot securely.
③ The ironclad rules of risk control must be memorized: single trade losses must not exceed 2% of total capital, and if you lose three trades in a row, stop and take a break.
Profitable trades must have a stop-loss set to protect your capital; once the position is in profit, lock in half for profit taking and leave half to chase trends.
A broken mindset is worse than having no skills at all.
When emotions run high and you want to revenge trade, absolutely do not place an order.
If the market is chaotic, decisively go to cash; if the trend is unclear, do not act rashly. 'The next trade will definitely profit' is the most toxic illusion in the crypto world.
To be frank: contracts can make you turn around, but they can also bring you to zero.
Beginners should use 30-50U for trial and error; if you lose 20U, stop immediately and secure profits first.
If your capital drops by 30%, stop trading immediately—there's always a market, but capital is one of a kind.
Only those who can survive until the next bull market are the real winners.
Follow me for practical insights only; see you in the Binance chat room. @bit冰