Some advice for newcomers to the crypto world!!!

1. Make trades after 9 PM

During the day, the news is too chaotic with various false positives and negatives flying around, and the market fluctuates erratically, making it easy to get scammed.

I usually wait until after 9 PM to trade; by then, the news has stabilized, and the candlestick patterns are cleaner, making the direction clearer.

2. Take profits immediately

Don't always think about doubling your money! For example, if you earned 1000 USD today, I suggest you withdraw 300 USD to your bank account immediately and continue to play with the rest.

I've seen too many people who made three times their investment but aimed for five times, only to lose everything in a market pullback.

3. Look at indicators, not feelings

Don't trade based on feelings; that's just blind.

Install TradingView on your phone and before making a trade, check these indicators:

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

• RSI: Is it overbought or oversold?

• Bollinger Bands: Is it contracting or breaking out?

Only consider entering the market when at least two of the three indicators give consistent signals.

4. Stop-loss must be flexible

When you have time to monitor the market, if you make profits, manually adjust your stop-loss price upwards. For example, if your buy price is 1000 and it rises to 1100, raise your stop-loss to 1050 to secure your profits.

However, if you have to go out and can't monitor the market, make sure to set a hard stop-loss at 3% to prevent being wiped out by sudden market crashes.

5. Withdraw profits weekly

Any profits that aren't withdrawn are just a number game!

Every Friday, without fail, I transfer 30% of my profits to my bank card, and I continue to reinvest the rest. Over time, this will help grow your account.

6. There are tricks to reading candlesticks

• 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 levels: Consider entering the market when it approaches the support level.

7. Avoid these pitfalls!

• Don't use leverage over 50x

• Stay away from meme coins like Dogecoin or Shitcoins; they are easy to get wrecked

• Only make a maximum of 3 trades a day; too many can lead to losing control

• Absolutely do not borrow money to trade crypto

One last piece of advice:

Trading is not gambling; treat it like a job. Work regular hours, shut down the computer when the time is up, eat when it's time, and sleep when it's time. You'll find that trading becomes more stable.

In this bull market, if you don’t know what to do, follow me for planning in bull market spot trading and contract trading for free. I need fans, and you need references.

Currently, in this bull market, opportunities arise daily, and we share insights. #美国加征关税