Newbies, don’t rush into trading! Remember my 'simple method', making money steadily is a hundred times better than guessing!
I’ve experienced liquidation and sleepless nights! After 6 years of struggling in the crypto world, I can now earn over 50% a year, and it’s not about gambling. The core principle is: if you’re not sure about the market, absolutely do not take action! Doing less means making fewer mistakes, and that’s the beginning of making money.
When to trade? Remember after 9 PM! During the day, prices jump around like a monkey, and with fake news everywhere, newbies are just giving away money. At night, things calm down, and the direction becomes clear.
Stop-loss saves lives! If you can monitor the market, manually adjust your stop-loss upwards to lock in profits. Going to sleep or heading out? You must set a 3% dead stop-loss! The big players hit hard at those without protection!
Weekly must-do: Withdraw profits! Account numbers soaring high mean nothing if you don’t withdraw! Every Friday, without exception, I withdraw 30% of my profits into my card, and roll the rest.
K-line tricks: For short-term trading, focus on the 1-hour chart; if you see two consecutive bullish candlesticks, consider going long; if it’s sideways, switch to the 4-hour chart and find that “stuck” position to enter just before it gets there.
Newbie pitfalls:
Don’t use leverage over 10x! Be honest, stick to within 5x for some fun!
Stay away from shitcoins and dog coins, those are 'gambling coins', not investments!
A maximum of 3 trades per day! Overtrading leads to losing control, and once that happens, it’s over!
Absolutely! Do not! Borrow money to trade! A bloody lesson!
Opportunities are fleeting; with a pullback imminent, buy the dip in spot trading, and the profits from altcoins await you! Doubling your investment isn’t a dream; click on my avatar to follow me, and I’ll guide you through the bull market feast! $BTC #BTC