Lessons Learned from the Crypto World! 10 Strategies for Huge Profits, Newcomers Must Read to Avoid Losses!
Don't rush into trading, these 10 iron rules are lessons learned with money:
1️⃣ If you have little money, don’t mess around; winning is just about capturing one big wave a year, remember to keep cash for safety.
2️⃣ Don’t touch coins you don’t understand; when real money is on the line, your mindset will change completely, learn first before you act.
3️⃣ Don’t be greedy on good news days; a high opening is a signal to sell, selling early is safer.
4️⃣ Reduce positions a week before holidays; holiday markets can easily crash or surge, stability is key.
5️⃣ For medium to long term, remember: buy in batches when prices drop, sell in batches when they rise, flexibility is king.
6️⃣ Focus on popular coins for short-term trades; obscure coins have no one to take over, buying them will get you stuck.
7️⃣ Don’t rush with coins that are slowly declining; those that suddenly crash may rebound quickly, but don’t be greedy.
8️⃣ Decisive stop-losses lead to longevity; holding on stubbornly will only dig you deeper.
9️⃣ Look at 15-minute K-lines combined with KDJ; run when overbought, ambush when oversold, and use MACD and RSI as aids.
🔟 Don’t be greedy with technology; mastering KDJ and MACD is sufficient, being proficient is better than being a jack of all trades.
Summary in two words: Restraint! Control emotions, control actions, avoid frequent trading, and don’t be greedy, that’s the true path to being a winner!