I used the dumbest cryptocurrency trading method, and my win rate is almost 100%! (A must-read for all cryptocurrency traders)
1. Every time you enter the market, limit your losses to no more than 10%
If your loss reaches 10%, you must decisively exit the market! This indicates that there is a problem with your operation, and staying in the market will only dig you deeper.
2. Set stop-loss levels, always remember
The stop-loss level is your safety rope; although it can be set at 5% or another suitable range, you must have one! This is a reiteration of the first tip to ensure your capital safety. $ETH
3. Never overtrade
Moderate trading is important! When the market direction is unclear, do not invest too much capital; also, avoid frequent trading to keep your mindset stable. $BTC
4. Prevent profits from turning into losses
Set a profit-taking level to safeguard your profits! When you are already in profit, set a profit-taking level that does not go below your cost, ensuring that your gains do not go to waste. #币圈
5. If in doubt, decisively close your position
When you cannot judge the market trend, it is wise to exit and observe. Holding a position continuously will only lead you into a blind investment situation; there is no need to take unnecessary risks. #币圈暴富
6. Only trade in active markets
An active market means better liquidity, ensuring that your trades can proceed smoothly; choose markets with high trading volume for buying and selling.
7. Do not set target price levels, follow the trend #比特币
Do not have fixed expectations for market prices; acting according to market trends is the way to go. Remember, do not let target price levels restrict your actions! #BTC重返10万
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