Here are some life-saving tips for beginners, based on my real trading experience:

If it helps even one person, that's enough! I suggest liking and saving this for future reference.

1. Place orders after 9 PM

During the day, the news is too chaotic with various false positives and negatives flying around, making the market jump unpredictably, which can easily lead to being misled into trades.

I usually wait until after 9 PM to trade, as by then the news has stabilized, and the candlestick charts are cleaner with clearer direction.

2. Take profits immediately

Don't always think about doubling your money! For example, if you made 1000 USD today, I suggest you withdraw 300 USD to your bank account immediately and continue trading with the rest.

I've seen too many people who think "I made three times my money, now I want five times," only to lose everything with one market pullback.

3. Rely on indicators, not feelings

Don't make trades based on feelings; that's blind guessing.

Install TradingView on your phone and check these indicators before trading:

• MACD: Is there a golden cross or death cross?

• RSI: Is it overbought or oversold?

• Bollinger Bands: Is there a squeeze or a breakout?

At least two of the three indicators should give consistent signals before considering a trade.

4. Be flexible with stop-losses

If you can monitor the market, when you make a profit, manually adjust your stop-loss upwards. For instance, if your buy price is 1000 and it rises to 1100, raise your stop-loss to 1050 to secure profits.

But if you have to leave and can't monitor the market, set a hard stop-loss of 3% to prevent sudden market crashes from wiping you out.

5. Withdraw profits weekly

Profits that aren't withdrawn are just a number game!

Every Friday, without fail, I transfer 30% of my profits to my bank account and continue trading with the rest. Over time, this will make your account grow thicker.

6. There are tricks to reading candlesticks

• For short trades, look at the 1-hour chart: if there are two consecutive bullish candles, consider going long.

• If the market is stagnant, switch to the 4-hour chart to find support lines: consider entering near the support level.

7. Avoid these pitfalls!

• Don’t use leverage over 50x

• Avoid meme coins like Dogecoin and Shitcoins; they're easy to get wrecked with

• Limit yourself to a maximum of 3 trades per day; too many can lead to losing control

• Never borrow money to trade cryptocurrencies

One last piece of advice for you:

Trading cryptocurrencies is not gambling; treat it like a job. Clock in and out at regular hours, turn off your devices at the end of the day, and make sure to eat and sleep well. You'll find that you actually earn more steadily.