How to get rich overnight in the cryptocurrency circle
I’ll give some tips to beginners, all of which are my experience of losing money in real trading:
1. Do not place orders until after 9 pm
The news during the day is too chaotic, with all kinds of false positives and false negatives flying around, and the market is jumping up and down like a convulsion, which makes it easy to be deceived into entering the market.
I usually wait until after 9 pm to operate, when the news is basically stable, the K-line is cleaner, and the direction is clearer.
2. Put the money in your pocket immediately
Don’t always think about doubling! For example, if you make 1,000U today, I suggest you withdraw 300U to your bank card immediately, and continue to play with the rest.
I’ve seen too many people who “make three times as much and want five times more”, but they lose all their money in a callback.
3. Look at indicators, not feelings
Don’t place orders based on feelings, that’s blind d
Install TradingView on your phone and check these indicators before placing an order:
• MACD: Is there a golden cross or a dead cross
• RSI: Is there an overbought or oversold pattern
• Bollinger Bands: Is there a narrowing or breakthrough
At least two of the three indicators give consistent signals before considering entering the market.
4. Stop loss must be flexible
When you have time to watch the market, manually move the stop loss price up when you make money. For example, if the purchase price is 1000 and it rises to 1100, raise the stop loss to 1050 to protect the profit.
But if you have to go out and can't watch the market, you must set a 3% hard stop loss to prevent sudden market crashes.
5. You must make money every week
Money that is not withdrawn is a number game!
I transfer 30% of the profit to my bank card every Friday without fail, and continue to roll the rest. In this way, the account will become thicker and thicker in the long run.
6. There are tricks to looking at the K-line
• For short-term trading, look at the 1-hour chart: you can consider going long if the price has two consecutive positive lines.
• If the market is flat, switch to the 4-hour chart to find the support line: consider entering the market when it falls to the support level.
7. Don't step on these pitfalls!
• The leverage should not exceed 10 times, and it is best for novices to control it within 5 times
• Don't touch Dogecoin, Shitcoin and other copycats, which are easy to be harvested
• Make a maximum of 3 orders a day, too many orders can easily get out of control
• Never use Q to speculate in cryptocurrencies! !
The last sentence for you:
Cryptocurrency speculation is not gambling, treat it as a job, go to work and get off work on time every day, turn off the computer on time, eat when you should eat and sleep when you should sleep, and you will find that Q is more stable.
