If you keep losing money trading cryptocurrency, you must read this.
I've been trading cryptocurrency for almost 9 years and made 60 million from it. If you really want to change your fate, you must give yourself a chance to make a comeback in the crypto world.
But the premise is that you have to use the right method.
1. Focus on Spot Trading, Major Coins are King
Don't touch high-risk contracts! Focus on BTC, ETH, XRP and other value coins, build positions on dips, and hold for the medium to long term.
When the market plummets, don't panic. If the 4-hour chart doesn't break the 20-day moving average, don't move. Staying steady is victory.
2. Rolling Position Strategy + Swing Trading
When it rises, reduce your position in advance; take profits by selling in batches at high prices.
During corrections, place buy orders on the 5-day/10-day/30-day moving averages in advance, don't chase highs!
3. Understand the Trend, Trade with the Trend
Learn to read the "Lifeline Strategy". Once it breaks effectively, remember to reduce your position in time.
When the direction is unclear, it's better to do nothing than to make a mistake.
4. A Surge is a Risk, A Plunge is an Opportunity
Always remember: Don't chase highs during surges, dare to buy dips during plunges.
Set a stop loss to protect your principal, and you can make a comeback.
5. Newbies Don't Rush, Practice Your Mind and Skills
Don't rush to make money, first learn to lose less. Practice with small amounts of capital and find your rhythm, that's the real skill.
Trading cryptocurrency is not about courage, but about cognition, discipline, and rhythm.
Stop loss when you're wrong, hold on when you're right, that's the real path to stable profits.
The next 10x coin is already being planned, and opportunities are only for those who are prepared!