Don't use funds that affect your life to trade cryptocurrencies. I have a little brother who, when he first met me, was humble and cautious. He sent me voice messages in the middle of the night asking about some KDJ, MACD, and MA line questions. I taught him a little bit of the basics, and this guy treated it like a treasure, thinking he was invincible. He opened a heavily leveraged position and turned 20,000 into 80,000 in three months. I advised him several times, but to no avail. He would send me screenshots of his profits, saying that my accounts were blown up, taking away all my ambitions, and that I was too conservative, etc. You tell me, is it easy for a college graduate to find a job? After making a few tens of thousands in a short time, he boldly decided to quit his job and become a professional trader. Then on December 4th, when the market crashed, he sent me a voice message with a trembling voice, saying that the market had given him a harsh lesson. Profits should be taken when they can be. (Going all in is not suitable for the crypto space; before you step into this circle, you should at least leave 1-2 exit strategies for yourself.) There are risks in entering the market.

As for my own trading, I mainly use two stop-profit strategies: 1. either take all profits to secure them, or 2. if I am optimistic about the subsequent profits and want to be greedy, I will close half of the position, take the initial investment as a loss, and use the profits to aim for greater gains. Even if it returns to the break-even point and I incur a loss, it’s still leaving with profits! #加密市场回调 #波段交易策略 #以色列伊朗冲突 #币圈暴富