I use the simplest cryptocurrency trading method, with a win rate close to 100%! (A must-read for all cryptocurrency traders)

1. Keen Insight

There are dozens of cryptocurrencies in the market, and as retail investors, our attention and funds are limited. We must choose wisely, ideally focusing on 1 to 2 coins, and at most no more than 3. Having more than that can be overwhelming, and during a market rush, buying or selling becomes a matter of instinct without time to assess, leading to mistakes in panic. Focus on mastering one or two, study them gradually, and increase your success rate.

2. Stay Steady During Volatile Markets

When prices soar, do you find yourself thinking, "This coin is going to double, wealth is just around the corner"? The only thought in your mind is: "Quick, deposit money, buy, buy, buy!" Conversely, during a market crash, you feel like, "It’s over, it’s going to drop to nothing, hurry and sell!" In these moments, your heart races, and you become flustered, making it easy to act foolishly. My advice is: when prices are too volatile, just don't act, calm down and reassess, don't let emotions dictate your actions.

3. Remember a Cost of 1/3

Avoid going all-in when trading cryptocurrencies (full investment), keep 2/3 of your funds at hand. This way, you can buy more during a dip or add some during a rise. If you invest too much, you’ll be happy when prices rise but panicking when they fall, leading to a breakdown in your mindset and making it impossible to execute any decisions. Leave yourself some room, don’t corner yourself.

4. Set Profit and Loss Targets

In cryptocurrency trading, you must set targets, such as selling at a 20% profit, regardless of whether prices continue to rise. Many people try to earn a little more and end up getting trapped; greed is human nature, and you must discipline yourself. The same goes for losses; set a bottom line, for instance, cutting losses at 10%, don’t just hold on. Many trading platforms allow you to set automatic buy and sell orders, so determine your prices and let the computer handle it, instead of relying on your shaky hands at the moment of decision. If you’re also a tech enthusiast and are keenly studying technical operations in the cryptocurrency market, consider following the account "Crypto General Instructor" for the latest market intelligence and trading techniques.