Learn this position management in the cryptocurrency world, whoever uses it will profit

Divide the funds into 5 parts, only enter one-fifth each time! Control a stop loss of 10 points; if you make a mistake once, you only lose 2% of the total, and if you make 5 mistakes, you lose a total of 10%. If you are right, set a take profit of over 50 points.

In simple terms, just two words: follow the trend! In a downtrend, every rebound is a trap to entice buyers; in an uptrend, every drop presents an opportunity! Is it easier to profit from bottom fishing or from buying low? You all know the answer in your hearts!

Do not touch coins that surge in the short term, whether they are mainstream or altcoins. It is rare for a type B coin to make several waves of major upward movements. The logic is that it is difficult for them to continue rising after a short-term surge. When the price stagnates at a high level and cannot rise later, it will naturally fall; it's a simple principle.

You can use MACD to determine entry and exit points. If the DIF line and DEA form a golden cross below the 0 axis, and break above the 0 axis, it is a stable entry signal. When the MACD forms a death cross above the 0 axis and moves downward, it can be seen as a reduction signal.

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 averaging down as they lose more, and the more they average down, the more they lose.

Volume and price indicators are crucial; trading volume is the soul of the cryptocurrency market. Pay attention when the price breaks through low levels with increased volume; when there is increased volume at high levels and stagnation, decisively exit.

Only trade coins in an upward trend; this greatly increases your chances and saves time. If the 3-day line turns upward, it's a sign of short-term rise; if the 30-day line turns upward, it's a sign of medium-term rise; if the 84-day line turns upward, it's a sign of major upward movement; if the 120-day moving average turns upward, it's a long-term rise!

Persist in reviewing each round, check if the holding coin strategy has changed, technically analyze if the weekly K-line trend aligns with your judgment, and whether the direction has changed trends. Adjust your trading strategy in a timely manner.