I use the simplest method, with almost 100% win rate (some survival tips for beginners)

At first, when trading cryptocurrencies, I stayed up all night watching the market, chasing highs and cutting losses, and lost sleep over it. Later, I started using this method, which is simple but effective: "If the signal I am familiar with doesn't appear, I won't act!"

I would rather miss the market than place random orders.

With this iron rule, I can now stabilize my annual return rate at over 75%, and I no longer have to rely on luck to survive.

Here are some survival tips for beginners, based on my experiences learned from real trading losses:

1. Place trades after 9:00 PM

During the day, the news is too chaotic, with all sorts of fake positives and negatives flying around, causing the market to jump up and down like a fit. It's easy to get tricked into entering the market.

I generally wait until after 9:00 PM to operate; by then, the news is mostly stable, and the K-lines are cleaner, with clearer directions.

2. Look at indicators for technical profits

Before placing trades, check these indicators:

• MACD: Is there a golden cross or death cross?

• RSI: Is there overbought or oversold?

• Bollinger Bands: Is there a contraction or breakout?

At least two of the three indicators must give consistent signals before considering entry.

4. Stop-loss: Dignity is more important than money

If the direction is wrong, cut immediately; hesitating for one second could lead to a 10% loss.

Fixed stop-loss method: 3% of the principal as the red line.

Dynamic stop-loss method: After a 50% floating profit, must run if it retraces 20%.

5. Withdraw funds on time every week

For example, if you made 5000 U this week, don’t always think about doubling it! I suggest you withdraw 2000 U to your bank account immediately, and continue trading with the rest.

I have seen too many people who "made 3-5 times" only to lose it all with one retracement. Continue to roll over the remaining amount. Over time, this will make your account thicker.

6. There are tricks to reading K-lines

For short-term trading, look at the 1-hour chart: If there are two consecutive bullish candles, consider going long.

If the market is stagnant, switch to the 4-hour chart to find support lines: consider entering the market when it drops near the support level.

If you also want to share a piece of the pie in the cryptocurrency world and want to learn how to trade, follow Gong Zhonghao (the total commander of crypto) to conquer the cryptocurrency world!