8 Key Points for Position Management in the Cryptocurrency Market:
Golden Ratio Method: Divide funds into 5 parts, use 1/5 of the position each time, set stop loss at 10%, and take profit at 50%+, achieving small losses and big gains.
Trend Following: Do not bottom fish during declines, increase positions during pullbacks in upward trends, grasp the trend for profit.
Avoid Surge Coins: Coins that surge more than 50% in a short period carry extremely high risks; participate with caution.
MACD Strategy: Enter when a golden cross breaks above the zero line, reduce positions when a death cross occurs above the zero line.
Correctly Adding Positions: Increase positions when profitable, set stop losses when losing, avoid the trap of averaging down.
Volume-Price Analysis: High volume at low levels indicates bullish sentiment, high volume at high levels indicates stagnation; exit when necessary.
Moving Average Guidance: The 3/30/84/120-day moving averages correspond to ultra-short, medium, main rising waves, and long-term operations respectively.
Daily Review: Summarize and reflect from the perspectives of fundamentals, technicals, and trading psychology.