A few months ago, a friend was about to liquidate his holdings, chasing gains and losses every day, and his mindset collapsed. He asked me: 'Sister, is there still money to be made in the crypto world for 'ordinary people'?'
I told him: 'It's not that there are no opportunities, but you are too anxious.' I gave him a few tips, and later he followed them, and his account gradually stabilized. Today I share them with you:
1. Don't chase gains and losses
Most hotspots are in the 'selling phase', and the real opportunities arise when the market is not being watched and when sentiment is at its worst.
2. Don't go ALL IN
No matter how small the principal, always leave 30% in cash, so you can add positions during market corrections.
3. Position management is very important
Most people lose money not because they are wrong, but because they go all in at once. Never go all in!
For short-term trading, remember:
Do not act during sideways periods; it's best to observe;
After a big bearish candle, opportunities are likely to arise;
After a big drop, there are rebound opportunities
Build positions in batches; don't jump in all at once;
During the sideways period after a big increase, take profits in time.
This is not a guaranteed profit technique, but a method to avoid liquidation and survive. Taking it slow is the fastest way. The crypto world won't close its doors because you're slow, but it will teach you a harsh lesson if you're too anxious.
Staying steady is crucial for going far. If you are still confused about what to do, you can follow me, and I will provide you with ideas and strategies in the chat room!
