If you have limited funds and want to achieve multiple growth during a bull market
These 10 pieces of advice might help you avoid pitfalls — especially the 8th one, which is the source of losses for most people.
With small funds, understand "waiting" rather than "fully invested"
With a principal of 200,000, capturing a 30% increase in 2-3 mainstream coins is sufficient. In a bull market, the biggest fear is not missing out, but being fully invested and trapped. Those who dare to remain in cash are the true hunters. First, practice "not losing," then learn to "make profits"
The most expensive lesson in the crypto world: "I think this time is different." People can only earn money within their cognitive range; first, practice with a demo account, and once your mindset is stable, then enter the real market. Remember: a single loss in the real market may mean you won't have another opportunity. Positive news = negative news? Beware of "information traps"
On the day a major positive news is announced, if the coin price has already risen significantly, the high opening the next day is often a selling point. The market makers understand better than you how to use good news to cut retail investors.
One thing to do before holidays
Statistics from the past 5 years show that the probability of a decline in the week before holidays exceeds 70%. Either reduce your position or remain in cash during the holiday; do not fight against the trend. The core of mid to long-term strategy: always keep some bullets
Do not invest all your chips at once. Sell in batches when prices rise, buy in batches when prices fall; cash flow is your moat. The key to short-term trading lies in two words: momentum
A sudden increase in trading volume + a breakout of resistance levels means to follow up immediately; if it’s consolidating with low volume, it’s better to miss out than to make mistakes. Is a sharp decline an opportunity?
A slow decline indicates no one is taking the risk, and it may continue to fall; a sharp decline with volume often signals the last drop, and a rebound is imminent. 90% of people fall for this
"Just wait a little longer to break even" is the biggest illusion. Be decisive with stop losses and patient with profits; losing 50% of your capital requires a 100% gain to break even — are you sure you can do that? Short-term tool: 15-minute KDJ
Buy on a golden cross, sell on a death cross, and filter out false signals with trading volume. Suitable for those who don’t have time to watch the market. Ultimate advice: less is more
Master 3-5 profitable methods. There are thousands of technical indicators, but often only one or two can help you make stable profits.
Why do some people turn 200,000 into 1 million in 3 months? The key is not in technology, but in the secrets of position management.
The harshest reality in the crypto world is not the market conditions, but every opportunity you missed.
If you are still placing trades based on feelings, stubbornly holding onto losses, and don’t know how to roll over positions, you will eventually be harvested by the market! Follow me to become a true winner, always staying one step ahead!