Ten years of trading coins, starting with three hundred thousand, and now with tens of millions in assets. I rely on a 50% position to steadily make progress, with monthly returns soaring to 70%. I passed this unique secret to my apprentice, and he doubled his investment in three months. Today, in a good mood, I'll share these precious gems with you; remember to keep them safe.
1. Divide your funds into 5 parts, and only invest one-fifth each time! Control a 10% stop loss; if you make a mistake once, you only lose 2% of your total funds. If you make 5 mistakes, you'll lose 10% of your total funds. If you're right, set a take profit above 10%. Do you think you'll get stuck?
2. How to improve the winning rate again? In simple terms, it’s about going with the trend! In a downtrend, every rebound is a trap to entice buyers, and in an uptrend, every drop creates a golden opportunity! Which do you think is easier to profit from: bottom fishing or buying on dips?
3. Avoid coins that have rapidly surged in the short term, whether mainstream or altcoins. There are very few coins that can produce several waves of main upward trends. The logic is that it’s quite difficult to continue rising after a short-term surge.
4. You can use MACD to determine entry and exit points. If the DIF line and DEA form a golden cross below the zero line and break above it, it's a solid entry signal. When the MACD forms a death cross above the zero line and moves downwards, it can be seen as a signal to reduce positions. $BTC
5. I don’t know who invented the term 'averaging down', but it has caused many retail investors to stumble and suffer huge losses: many people keep adding to their positions as they lose, and the more they add, the more they lose. This is the biggest taboo in trading coins, putting oneself in a dead end. $ETH
6. Volume and price indicators are paramount; trading volume is the soul of cryptocurrency trading. Pay attention to volume breaks at low prices during consolidation and decisive exits when there is high volume stagnation at high prices. #CryptocurrencyMarketRebound
8. Persist in reviewing each session, check if there are changes in your holdings, technically analyze whether the weekly candlestick patterns match your judgments, and if the direction has changed trends, adjust your trading strategy in a timely manner.
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