After ten years of struggles in the crypto world, my assets have finally surpassed nine figures. I have summarized my hard-earned experiences to share with everyone. 1. Capital Management: Carefully divide your capital into five parts, and only invest one-fifth for trading each time. Set a stop-loss of 10 points, so even if you make a wrong judgment, you will only lose 2% of your total capital. Even if you make five consecutive mistakes, you will only lose 10% of your total capital. Once you make a profit, set a take-profit of more than 10 points, which effectively avoids the risk of being trapped. 2. Follow the Trend: The key to increasing the success rate of trading is to follow the trend. In a downtrend, every rebound may be a trap; while in an uptrend, every pullback may be a golden buying opportunity. Compared to bottom-fishing, buying on dips is often easier to make money because the power of the trend is strong. 3. Avoid Buying High: Stay away from coins that have rapidly surged in a short time, whether they are mainstream or altcoins. Very few coins can experience multiple waves of a primary uptrend, and those that surge rapidly often face retracement pressure. When price stagnates at high levels, there is naturally a lack of upward momentum, making it easy to fall. 4. MACD Indicator: Use the MACD indicator to determine entry and exit points. When the DIF line and DEA form a golden cross below the 0 axis and break through the 0 axis, it is a strong buying signal. Conversely, when the MACD forms a dead cross above the 0 axis and moves downward, it can be seen as a signal to reduce positions. 5. Refuse to Average Down: Averaging down is a major taboo in crypto trading. Many people keep adding to their losses, resulting in even greater losses. Remember, never average down when you're at a loss; instead, add to your position when you are in profit at the right time. 6. Volume and Price Analysis: Trading volume is the soul of the crypto market. Pay close attention to volume breakouts when the price is consolidating at low levels; conversely, decisively exit when there is a volume stagnation at high levels. 7. Trend Trading: Only trade coins in an uptrend, as this offers the highest chances of success and saves time. By observing the trends of the 3-day, 30-day, 84-day, and 120-day moving averages, you can determine the trends for short-term, medium-term, primary uptrends, and long-term increases. 8. Persist in Reviewing Trades: After each trade, persist in reviewing to check if the logic for holding coins has changed, whether the weekly K-line trend aligns with your judgment, and if the direction has changed trend. Timely reviews and adjustments to trading strategies are key to sustainable profits. #巨鲸动向 #币安投票上币
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