Remember these few points when trading cryptocurrencies, even beginners can get a Mercedes
Summary of the blood and tears from two rounds of bulls and bears: This clumsy method allows me to earn a steady 50% every year
👉 Daytime is an illusion, night is the golden time
Ten years of experience tell me that the daytime K-line is as unreliable as a social media influencer's face. Various fake news and false breakthroughs emerge endlessly; the truly clean market occurs after 9 PM. Now, my trading hours are fixed from 9 PM to 1 AM, and my win rate has doubled.
👉 See the opportunity and act quickly; only place an order when the indicators confirm
MACD golden cross + RSI overbought + Bollinger Bands opening, I only act when at least two of the three indicators confirm. Remember, the market is always full of opportunities; what it lacks is the ability to control your hands. Those who place orders based on feelings have long lost and exited the market.
👉 Moving stop-loss is the life-saving trick; let profits run on their own
Every time I earn 100U, I raise the stop-loss line by 50U, securing profits layer by layer like building blocks. When I go out to walk the dog, I set a 3% hard stop-loss; I’m not afraid of being ambushed by the big players at midnight. This method has never let me blow up my account.
👉 Withdraw profits every Friday without fail, regardless of whether the profit is high or low
I specifically opened a bank card to withdraw 30% of profits every Friday at 3 PM. After five years, the withdrawals alone are enough for a down payment. Those who earn and don't take profits eventually give it all back to the market.
👉 Leverage over 3 times equals suicide; don’t exceed 3 trades a day
I’ve seen too many cases of people losing everything overnight with 10x leverage. I now only use 3x leverage and limit myself to a maximum of 3 trades a day. Trading is not gambling; you need to survive to laugh last.
👉 Remember these painful lessons
Borrowing money to trade cryptocurrencies is like digging your own grave; dealing with junk altcoins is willingly becoming a victim. Treat trading like a job; log off at the end of the day and spend time with family. The more relaxed you are, the fatter your wallet will be. I now only look at the market for 2 hours a day, and the rest of the time I fish and walk my dog; money will come to me on its own.
For those currently lost in trading, follow @Crypto 反卷队长 closely; the market is about to come, and I have already made the layout. Hesitation will lead to defeat