Remember the method I gave you for trading cryptocurrencies, beginners can happily get a Panamera!
From initially losing sleep over losses to now steadily earning 50% every year,
all thanks to a simple method—no hare, no hawk.
Is the market not to your liking? Then just watch, never act rashly.
Better to miss ten opportunities than to make a hasty trade.
This trick may seem silly, but it can really save your life.
Here are a few heartfelt tips for newcomers:
The golden hour is after 9 PM
During the day, the market is erratic,
with news flying everywhere and prices jumping up and down.
In the evening, it's quiet, the trends are clear, making it easier to see the direction.
Take profits first,
for instance, if you make 1000 USDT,
immediately withdraw 300 USDT to your bank card, and continue playing with the rest.
Don't be greedy; I've seen too many people earn and not take profits, ending up losing both principal and profits.
Look at indicators, not feelings
Install TradingView on your phone,
before placing a trade, check the MACD golden cross and death cross, RSI overbought and oversold.
Only act when at least two indicators signal the same, don’t trade based on gut feelings.
Be flexible with stop-loss
While monitoring the market,
if you’re in profit, move the stop-loss price up (for example, from 1000 to 1100),
don’t let the system automatically stop-loss.
But if you have to leave, set a hard stop-loss of 3%,
to guard against sudden market drops.
Withdraw profits weekly
No matter how much you earn, if you don't withdraw, it’s just numbers!
I transfer 30% of profits to my bank card every Friday without fail,
and only then do I keep the remaining money rolling.
Understanding candlesticks is key
For short-term trading, focus on the 1-hour chart,
if the price continuously rises for two hours, go long;
if it’s sideways, switch to the 4-hour chart to find support levels,
enter when it drops nearby.
Avoid these pitfalls:
Don’t use leverage over 10x (newbies should stick to 5x or less)
Avoid coins like Dogecoin and Shitcoin, these altcoins
Limit yourself to a maximum of 3 trades a day; trading too much can lead to impulsiveness
Absolutely do not borrow money to trade cryptocurrencies!
Remember, trading cryptocurrencies is not gambling; treat it like a job, clock in and out, eat and sleep as needed, and money will come more steadily.
Unsure about the market? Follow me, @币界-法老 , and I will guide you back to recovery step by step!