Family! Do you want to break free from passivity in the cryptocurrency market and take control of your earning potential? These 10 core insights should be etched into your mind and may become the key to changing your situation!
1. Don't risk with little money: Catching one big rise a year is enough! Never go all in with heavy positions; keep 30% cash for safety to buy during downturns and avoid panic selling.
2. Absolutely avoid what you don't understand: Pass on cryptocurrencies that you don't grasp the logic of, practice in a simulated environment until you're proficient before entering the real market; operations with real money must be based on solid understanding!
3. Sell on good news: If you haven't cleared your position on the day of good news, escape the next day when the price opens high! Follow the principle of 'buy on expectations, sell on facts,' and don’t be greedy for the last bit of profit.
4. Must reduce positions during holidays: Lower your positions a week in advance to avoid extreme fluctuations during quiet holiday trading; having a stable holiday is better than anything else.
5. Gradually build positions for the medium to long term: Buy in batches during declines to average down costs, and take profits in batches during rises to secure gains, reserving flexible funds to respond to sudden fluctuations.
6. Focus on popular short-term trades: Only choose highly liquid hot coins, avoiding low-volume obscure assets to prevent being stuck after buying with no one to take over your position.
7. Grasp the patterns of rise and fall: Coins that are slowly declining are likely to bounce back, while those that drop sharply rebound quickly! These opportunities can be seized, but know when to take profit; don’t be greedy.
8. Be decisive with stop-loss: Cut losses immediately if you buy wrong! Keeping your principal safe is the prerequisite for recovery; refuse to stubbornly hold on and let losses expand; the longer you hold, the harder it is to recover.
9. Keep a close eye on short-term indicators: Focus on 15-minute candlesticks, primarily using KDJ to judge overbought and oversold conditions, with MACD and RSI as supplementary verification; don’t rely solely on one indicator.
10. Quality over quantity in techniques: Mastering KDJ + MACD is enough; there's no need to learn a plethora of indicators; being scattered and not precise will only confuse your thinking!
The core principle is two words: 'Restraint'! Restrain the greed for quick money, and restrain the impulse for frequent trading!
The key to long-term survival in the cryptocurrency market is not blindly chasing highs, but rather preserving your principal and accurately seizing significant opportunities; only then can you truly turn things around and outperform 95% of following retail investors! @阿二说币
