Newbie retail investors trading cryptocurrencies often feel that losing money is like flowing water, while making money is a slow process, and the core issue lies in the trading model.
Uncle Cat reminds us that there are two types of trading in the crypto world: left-side trading and right-side trading, and newbies often fall into traps by choosing the wrong model.
Left-side trading involves bottom fishing and top selling, commonly known as buying more when the price falls and shorting more when the price rises, with the core being market prediction. If you feel that the cryptocurrency price has reached a support level and can’t fall anymore, you enter the market early to buy;
When the price hits a resistance level, you rush to open a short position.
This is like trying to bottom fish while the price is still in a downward channel; if you blindly bottom fish, the price may break the support level and lead to a deeper correction, continuously expanding your floating losses, causing you to panic and cut losses, leading to rapid losses;
Even if you endure until a rebound, you might fear a correction and run away after making a bit of profit, missing the main upward wave.
Right-side trading, on the other hand, follows the trend, abandoning bottom and top guessing, and waits for trend confirmation before taking action.
When the price hits the bottom and stabilizes, the moving average system turns upward, and volume breaks through, then you enter the market to set up long positions;
When the price breaks key moving averages and the trend turns bearish, decisively take profits and exit.
Do not gamble on predictions; only follow real-time signals, buying based on confirmed trends rather than vague feelings.
Uncle Cat's advice for newbies: The crypto market is highly volatile, and left-side trading is a battlefield for experts with a very low tolerance for error;
Right-side trading speaks through signals, which is the lifeline for retail investors to achieve profits. Do not gamble your principal on predictions.
I, Uncle Cat, have always been engaged in real trading, not virtual trading or making empty promises. Currently, my team has open positions, and for friends who want to fully understand contract trading logic and break free from the curse of losses, let’s join forces for practical operations to earn guaranteed profits @在带单的阿猫