1. Work hard for two months to increase your capital to around 10,000.
2. Buy coins when Bitcoin + weekly line is above MA20, buy two to three, they must be new coins, which can be the hot coins in the market, such as APT before it rises. As long as Bitcoin rises a bit, it can take off, like OP. Just remember, there must be heat and a story to tell.
3. If Bitcoin falls below MA20, stop-loss, buy or continue to earn during the waiting period, giving yourself two to three chances to fail. If you have 20,000 in savings, invest 10,000, and you can fail three times.
4. If you bought coins like APT, sell when it reaches about 4-5 times. Continuously execute your strategy, remember you are working with small capital, and must buy new coins; do not buy ETH + BTC +. Their price increases cannot support your dreams.
5. If you hold during the bear market to the bull market and achieve three times 5 times, it’s about 125 times. This period can be as short as one year and as long as three years. You have three chances to fail; if you fail all three, it indicates lack of ability. Stay away from the circle, avoid investments, and do not fall into contracts. In short, remember to enter when it's time to enter, and stop-loss when it's time to stop-loss. Be patient.
6. It is normal to have both losses and gains in trading. Do not be influenced by temporary profits or losses; remain calm to gain insight.
In 2024, my capital multiplied by 50 times. If it weren't for withdrawing funds twice to buy a house, it should be 85 times.
It can be said that I have used 80% of the technical methods in the market, and I will share with you the most practical strategies in real combat -- time frame trading system strategy and the following iron rules, which have been repeatedly tested! A profit of 30% in a month.
If you really do not plan to leave the crypto world for the next three years and aim to make it your primary profession, please remember the following 10 operational insights; you will thank me after reading!
Small capital, capture the main rising wave 1
If your capital is not large (for example, under 100,000), capturing one main rising wave each year is enough. Don't always be fully invested; keep enough cash to deal with unexpected situations. There are always opportunities in the market, but if your principal loses money in a day, the opportunity no longer belongs to you.
2. Cognition determines wealth
A person can never earn money beyond their cognition. Simulation trading is a good tool to practice mindset and strategies, but it cannot fully simulate the emotional fluctuations of the real market. In real trading, every failure can bring immense psychological pressure, even causing you to completely exit the market. Therefore, start with small capital and gradually enhance your cognition and abilities.
3. Realize the good news and sell decisively
When encountering significant good news, if you haven't sold on the same day, you must decisively sell on the next day's high opening. The market often shows selling pressure after good news is realized, which is an iron rule for short-term trading. Do not be greedy; take profits.
4. Reduce positions during holidays to avoid risks
When encountering major holidays, reduce positions or go to cash a week in advance. Historical data shows that market liquidity decreases during holidays, making it easy to experience significant fluctuations or declines. Avoiding uncertainty is a wise choice.
5. Medium and long-term investment, rolling operations
The core of medium and long-term investment is to keep enough cash, gradually sell during market rises, and buy back in batches during sell-offs. Rolling operations can lower holding costs while maintaining flexibility.
6. Short-term trading, choose active coins
The key to short-term trading is to choose active coins; those with increased trading volume and significant price fluctuations are more likely to provide trading opportunities. Avoid inactive coins; poor liquidity can lead to difficulties in buying and selling, and even being trapped.
7. Understand market rhythm
A slow decline is usually accompanied by a slow rebound, while a rapid decline triggers a rapid rebound. Understanding this can help better grasp the timing of bottom fishing and top escaping.
8. Stop-loss is the foundation of survival
If you buy the wrong asset, admit it and stop-loss in time. There are always opportunities in the market; preserving capital is the prerequisite for long-term profits.
9. Pay attention to the 15-minute candlestick chart
Short-term traders must pay attention to the 15-minute candlestick chart, combining KDJ indicators + finding buy and sell points. KDJ signals in overbought and oversold areas are particularly important, but be sure to combine with other indicators (such as MACD+, RSI+).
10. Master a few techniques, do not include many
There are countless techniques and methods for trading coins, but you only need to master a few. Don't be greedy, focus on the techniques and strategies you are familiar with, to navigate the market with ease.
The cryptocurrency market is a place full of opportunities, but it is also a market that requires wisdom and patience. I hope these 10 practical tips can help you find your own path to wealth in the crypto space.
Playing in the crypto market is essentially a struggle between retail investors and big players. If you do not have extremely strong professional skills, you can only be cut! If you want to layout together and harvest with the big players, you can come.
