As long as you master this method, you can earn an extra 5%-20% on your trades.

Below, I will share my experiences from the past few years with you all, hoping to help you and save you from taking the wrong path.

1. Don't be greedy, start with one or two coins.

There are as many cryptocurrencies in the market as there are stars, with dozens or even hundreds of types. However, as small retail investors, we have limited energy and money. Don't think about trading everything; it's best to focus on 1-2 coins, and at most 3.

2. Don't act hastily when prices are skyrocketing or plummeting.

When the market is soaring, do you feel like the coin is going to double, and your mind is only thinking about quickly putting in more money to buy? Conversely, when the market crashes, do you panic and think it’s all over, rushing to sell? In these times of chaos, it's easy to make foolish decisions. I suggest that when prices fluctuate wildly, don’t act; calm down and reassess.

3. Don’t invest all your money; maintain a stable mindset.

When trading cryptocurrencies, don’t go all in. It's best to keep 30%-50% of your funds available, so if prices drop, you can buy more, and if they rise, you can invest a little more. If you invest too much, you’ll be happy when prices rise but panicked when they fall. When your mindset collapses, all your decisions will be distorted; leave yourself some room to maneuver.

4. Take your profits and run; don’t be greedy, and accept your losses.

Set a target for yourself when trading, such as selling after making a 20% profit, regardless of whether prices continue to rise afterward. Many people try to squeeze out just a little more profit and end up trapped. Greed is human nature, so you must control yourself. The same goes for losses; set a bottom line, such as cutting losses at 10%. Don’t hold on stubbornly; many trading platforms allow you to set automatic buy and sell orders. Set your prices and let the computer handle it; don't rely on your shaky hands to make decisions in critical moments.

5. Learn some skills; don’t rely entirely on what others say.

Many people in the cryptocurrency space do not come from financial backgrounds; they could be programmers or enthusiasts wanting to make some money but lack knowledge. Instead of listening to others babble, spend a few days learning technical analysis, such as reading candlestick charts and moving averages. Having your own understanding is far better than anything else.

In summary, the biggest risk in cryptocurrency trading is being led by emotions; making money is key. If you’re still confused, please support me with a like, share, and follow my homepage. The same increase, the same news, priority for my fan group.