The crypto world is like a battlefield, and it's common for newcomers to suffer losses 😫 I once lost a million before realizing these six life-saving rules. Save them quickly👇

🕙 Precise timing, avoid information “bombardment”

In the crypto world, it’s hard to discern the truth of news. When good news is released, the market skyrockets, and newcomers rush to buy at high prices; when bad news emerges, panic sets in, and prices plummet. Market makers set traps, and newcomers easily become “chives” 🌱. A friend once trusted a “good news” tip and invested everything, but the news was false, leading to a massive loss of capital 😭. Be sure to avoid trading during the day; operations after 9 PM are more secure, giving your trades a “safety lock” 🔒

💰 Secure profits, refuse “greed”

“Wanting to earn more after making a profit” is a common issue 😖 Many people fantasize about getting rich after making profits, only to see their earnings wiped out when the market corrects. Withdraw 30% of your profits to your bank account immediately; money in your pocket is real profit 💰

🧭 Indicators are key, refuse “blind guessing”

Trading based on feelings is gambling 🎲. The market is complex, and relying solely on subjective judgment can lead to losses. Technical indicators are a “compass” 🧭. Use moving averages to observe trends, and MACD to determine buy and sell points. Newcomers should combine indicators with fundamental analysis to formulate strategies and reduce risks 📉

🛡️ Flexible stop-loss, protect your “capital”

Capital is foundational; preserving it gives you a chance to recover 💪. Set stop-loss levels and strictly enforce them:

While monitoring: If the price retraces 5%, immediately stop-loss. If unable to monitor: Set a 3% hard stop-loss to avoid huge losses, leaving a way out 🛣️

💸 Withdraw weekly, break the “illusion”

The numbers in your account can create an illusion of wealth; not withdrawing increases risk and can lead to profit loss.

Develop a habit of mandatory weekly withdrawals: transfer out 30% of profits every Friday, leaving only the remaining portion for trading. This way, you can secure profits while allowing your account to grow steadily, avoiding impulsive trading 😎

⚠️ Avoid danger zones, stay away from “deadly traps”

Leverage risk: Newcomers shouldn’t use leverage over 50x; with 10x leverage, a 10% price fluctuation can double or wipe out your capital, causing instant liquidation 💥 Trading frequency: A maximum of 3 trades per day; excessive trading can lead to emotional decisions. Source of funds: Don’t trade with borrowed money; money you can’t afford to lose will make you anxious.

Trading crypto is an investment, not gambling. Stay rational, restrain greed, and strictly adhere to discipline to move steadily in the crypto world and achieve wealth growth 💰

For friends looking to recover losses, trust the great sage to guide you through bull and bear markets, and let’s profit together!