Want to survive in cryptocurrency trading for the long term?

The dumbest method is the most effective: If I don't understand the market, I won't touch it at all! 🙅‍♀️
My friends, when I first entered the market, I was just as miserable as you! Staying up late every day, with eyes as red as a rabbit, chasing rises and falls, making no money, losing a lot of hair, and unable to sleep at night, filled with regret!
Later, when I got desperate, I used the most 'foolish' method: only trade the signals I completely understand. Other markets? No matter how tempting, I won't touch them! Hey, guess what? With this 'stubbornness,' not only did I survive, but I also started making stable profits! Now I earn over 70% each year, relying on real skills, not luck!
Bloodletting experience, a lifeline for beginners:
Don't mess around during the day, start acting after 9 PM! During the day, news is flying everywhere, hard to distinguish between true and false, and the market jumps around wildly. If you enter, you’ll get cut. I wait until after 9 PM, when the news stabilizes and the candlestick chart is clean, then I can see the direction clearly!
Trust the indicators, don't trust your 'feelings'! Feeling the urge to jump in? Stop! Before placing an order, check three indicators:
MACD: Is it a golden cross (bullish signal) or a death cross (bearish signal)?
RSI: Is it overbought (might drop) or oversold (might rise)?
Bollinger Bands: Is it a contraction (might change trend) or a breakout?
Key: At least two of the three must agree before considering a trade!
Cut losses! Take losses quickly; dignity is more important than money! ⛔️ Is the direction wrong? Cut immediately! Hesitate for a second, and your wallet will get thinner!
Dumb method: If a single loss exceeds 3% of the principal, you must run!
Made a profit? Once floating profits reach 50%, if it retraces by 20%, run quickly and secure the gains!
Withdraw every week! Made 5000U this week? Don't be greedy! Immediately withdraw 1500U to your bank card, real money in your pocket! Play with the rest. I've seen too many people make several times their money, only to lose it all in a crash, having nowhere to cry! Only the money you withdraw is truly yours!
K-line tips:
Playing short-term? Focus on the 1-hour chart! If the price pulls up two consecutive bullish candles, then consider going long.
Market stagnant? Switch to the 4-hour chart to find support! If the price is near the support line, then think about whether you can buy the dip.
#BNB #T #美联储降息 #KAIA