$ETH Have you been struggling at the margin of profit and loss for over three years?
Unable to achieve breakthroughs in perception and returns?
It's mostly not due to bad luck, but rather a misunderstanding of the thought process.
The following 10 practical insights may help you break the cycle and forge ahead.
1. With a capital of under 100,000, understanding one major upward wave a year is enough.
Don't be greedy for more, and don't always be fully invested; learning to wait with cash on hand is itself a skill that surpasses most people.
2. Prioritize understanding before investing real money; returns outside of your knowledge will eventually be lost,
Practice with a demo account first when uncertain, as a single mistake in the real money battlefield could lead to being out of the game.
3. Good news often signals the time to exit; if you haven't left on the day significant good news is announced,
Be decisive in reducing positions the next day when the market opens high, as the market never easily allows the majority to profit.
4. Implement risk control before holidays; historical market patterns confirm that the market tends to cool down and correct before major holidays, so reduce positions in advance to avoid unknown volatility.
5. Mid to long-term strategies are not about holding on stubbornly; keep enough cash on hand, be willing to take profits on ups and buy on dips, and rolling trades are better suited to the cryptocurrency ecosystem.
6. Short-term focus on volume and K-line patterns; only pay attention to targets with active trading volumes and regular trends, as obscure, stagnant coins will only waste your time.
7. Remember the rhythm: slow declines correspond to slow rebounds, while sharp declines are often followed by quick rebounds; finding this rhythm can optimize your entry and exit timing.
8. Stop-loss is for survival, not failure; decisively cut losses when you buy incorrectly, preserving capital should always come first; as long as you remain in the market, there is a chance for recovery.
9. For short-term trading, you can rely on 15-minute K-lines combined with KDJ, without the need for complex indicators,
Mastering simple tools is far better than having a superficial understanding of everything.
10. It's not about the number of techniques but the precision; mastering two or three strategies and executing them firmly is easier to yield results than frequently changing methods.
In the cryptocurrency world, what you fear most is not making mistakes, but always failing to identify your suitable model; slowing down and simplifying is the beginning of a breakthrough!