The survival rules of the cryptocurrency world are exposed! A 32-year-old billionaire player shares 4 laws of high profits!

1. Grasp the evening gold trading time

During the day, the market is filled with various messages that are hard to distinguish between true and false, and market fluctuations often lack clear direction. However, after 9 PM, with the opening of the European and American trading sessions, market activity increases, and the layout by the big players is basically complete. At this time, what is presented is a trend closer to the real market movement. Watching the market at night, the trends and signals are clearer, which is more conducive to making accurate judgments. #BTC

2. Take profits in a timely manner

When profits reach a certain amount, it is essential to withdraw part of the profits in a timely manner. For example, if you earn 1000U, immediately withdraw 300U to lock in this portion of the profit. The remaining funds can continue participating in trading, ensuring that the money earned is safely in your pocket, and avoiding profit loss due to market reversals, turning your “Mercedes” into a “bicycle”.

3. Flexibly use trailing stop losses

Setting a reasonable stop-loss strategy is key to protecting your capital. It is recommended to use a trailing stop-loss method, for example, for every 100U earned, move the stop-loss point up by 50U; at the same time, set a fixed stop-loss ratio, such as 3%, so that losses are always controlled within an acceptable range. This way, even if faced with extreme market conditions like a midnight crash, you can sleep soundly. #ETH

4. Firmly avoid three major deadly traps

1. Be cautious with high leverage: Leverage over 10 times is like dancing on the edge of a cliff; even minor market fluctuations could lead to liquidation and total loss.

2. Stay away from scam coins: Some coins with no actual value, often hide the harvesting traps of big players behind them. Participating in trading these types of coins can easily make you a victim.

3. Never borrow money to trade cryptocurrencies: Investing with borrowed funds will impose enormous psychological pressure, affecting trading decisions. Once losses occur, you may fall into debt, which is absolutely inadvisable.

Remember, trading cryptocurrencies is not gambling; do not harbor the mindset of getting rich overnight. Treat trading as a job that requires rationality, maintain a calm mindset, strictly execute trading strategies, and it will be easier to achieve steady profits. #币圈

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