There is a very foolish method for trading cryptocurrencies that almost guarantees a 100% profit. I made over 20 million using this method!
These are experiences I learned from real trading losses:
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1. Trade after 9 PM
During the day, the news is too chaotic, with all kinds of false good news and bad news flying around; the market fluctuates wildly like it's having a seizure, making it easy to get tricked into entering. I generally wait until after 9 PM to operate; by then, the news is basically stable, the K-line is cleaner, and the direction is clearer.
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2. Take profits immediately
Don't always think about doubling your money! For example, if you made 1000 USDT today, I suggest you withdraw 300 USDT to your bank card immediately and continue playing with the rest. I've seen too many people who “made three times and then wanted five times,” only to lose it all in a single pullback.
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3. Look at indicators, not feelings
Don't trade based on feelings; that's just blind gambling. Install TradingView on your phone and check these indicators before trading:
• MACD: Is there a golden cross or death cross?
• RSI: Is there overbought or oversold?
• Bollinger Bands: Is there a squeeze or a breakout?
At least two of the three indicators must give a consistent signal before considering entering the market.
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4. Stop loss must be flexible
When you have time to monitor the market, if you're in profit, manually adjust your stop-loss price upwards. For example, if you bought at 1000 and it rises to 1100, raise your stop-loss to 1050 to protect your profit. However, if you need to leave and can't monitor the market, set a hard stop-loss of 3% to prevent unexpected crashes from wiping you out.
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5. Must withdraw profits weekly
Not withdrawing profits is just a numbers game! Every Friday without fail, I transfer 30% of my profits to my bank card, and roll the rest over. Over the long term, this will make your account grow thicker.
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6. There are tricks to reading K-lines
• For short-term trades, look at the 1-hour chart: if there are two consecutive bullish candles, consider going long.
• If the market is moving sideways, switch to the 4-hour chart to find support lines: consider entering when the price drops near the support level.
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7. Do not fall into these traps!
• Don't use leverage over 10 times; beginners should control it within 5 times.
• Don't touch coins like Dogecoin or Shitcoin, as they are easy to get wrecked.
• Only trade a maximum of 3 times a day; too many trades can lead to losing control.
• Absolutely do not borrow money to trade cryptocurrencies!!
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One last thing for you:
Trading cryptocurrencies is not gambling; treat it like a job. Clock in and out every day, turn off the computer at the end of the day, and eat and sleep properly. You will find that your profits become more stable.
