1. Contract trading and capital management
30U Challenge: Trade contracts with 30U each time, aiming to double three times (30→60→120→240). This strategy indeed has the potential for high returns in a short time, but it also comes with high risks. The volatility in the crypto space is significant, especially in contract trading, where leverage amplifies profits but also increases risks. Therefore, setting strict take-profit and stop-loss levels is crucial.
At most three times: Limit yourself to a maximum of three such operations; frequent high-risk operations can easily lead to losing all profits or even the principal with just one mistake. Control the trading frequency to avoid overtrading.
2. Accumulation and research
In-depth research: When you have accumulated a certain amount of capital (e.g. 350U) through short-term trading, it is advisable to slow down and conduct in-depth research on the market. The cryptocurrency market is not just about price fluctuations; there are various factors behind it, including technology, teams, communities, and market trends. Fundamental analysis can help you identify potential projects and avoid blindly following trends.
Diversified investment: Spreading funds across multiple promising projects can effectively reduce risk. Avoid betting all your capital on a single cryptocurrency, especially those with high volatility and small market capitalization.
3. Combination of long-term holding and short-term trading
Long-term holding: For high-quality projects that you believe have long-term growth potential, consider holding them for the long term. The volatility of the cryptocurrency market is significant, and short-term price fluctuations do not necessarily reflect the true value of a project. Patience is key in long-term investing.
Short-term trading: Ultra-short orders (15-minute level) and strategy orders are suitable for capturing market fluctuations. Short-term trading requires sharp market insights and quick reaction abilities. Technical analysis tools (such as candlesticks, moving averages, RSI, etc.) can help you better determine entry and exit timing.
4. Risks of leverage trading
Use leverage cautiously: Leverage trading can amplify gains, but it can also lead to rapid liquidation. If you choose to use leverage, it is advisable to operate with low leverage (e.g., 2-5 times) and set strict stop-loss levels to avoid significant losses due to market volatility.
5. Continuous learning and adaptation
Rapid market changes: The cryptocurrency market is a fast-changing market, with new projects, new technologies, and new regulatory policies that can significantly impact the market. Continuous learning, paying attention to industry trends, and maintaining market sensitivity are essential.
Flexibly adjust strategies: There is no one-size-fits-all strategy in the market. Adjust your investment strategies flexibly according to market changes. For example, you can be slightly aggressive in a bull market, while in a bear market, you should be more conservative.
6. Risk management
Take-profit and stop-loss: Whether for short-term trading or long-term investing, setting take-profit and stop-loss levels is an important risk management tool. Do not let greed or fear affect your decisions.
Position control: Do not invest all your funds at once, especially in an uncertain market environment. Gradually building your position can help reduce risk.
7. Triple strategy
Ultra-short orders: Suitable for quick entries and exits, capturing short-term fluctuations. This requires a high sensitivity to the market and quick reaction capabilities.
Strategy orders: Based on your analysis and judgment of the market, develop a medium-term trading strategy. This is suitable for use when market trends are relatively clear.
Trend orders: When there is a clear market trend, you can appropriately increase your position size and follow the trend. However, be aware that trends can reverse at any time, and timely take-profit actions are key.
Finally, remember a saying in the crypto space: "Make money in a bull market, earn coins in a bear market." Adjust your strategies flexibly in different market environments to survive and profit in the crypto space over the long term; the methods have already been provided to you!! $BTC #暴富密码