Record of the Eight-Day Struggle in the Cryptocurrency World for Post-00s Girls: Exploring the Path to Survival Amidst Volatility!

On the 30th day of entering the cryptocurrency world, let me share how I survived the first eight days. This thrilling and challenging adventure continues. Yesterday, I reinvested 40u, and now my account balance has accumulated to 150u. Reflecting on the day's trades, I experienced the joy of gains and profound insights into the ever-changing market conditions.

In the afternoon market, the overall market rebounded sharply, showing a one-sided upward trend. I fully understand the importance of following the trend, and when my account balance reached 100u, I decisively opened a long position in ETH.

During the two hours of closely monitoring the market, my emotions fluctuated with the price, and I ultimately succeeded in securing nearly 50u in profits.

However, the market's drama was fully revealed after the non-farm payroll data was released in the evening. Affected by the news, the cryptocurrency prices fluctuated wildly, and the trend became elusive. Faced with this situation, I chose to remain observant and calm; avoiding blind operations is key to risk management.

Regarding the 150u capital at hand, I have a clear plan. Subsequent trades will primarily focus on perpetual contracts denominated in u, complemented by event contracts. In trading event contracts, I strictly control the investment to between 10 - 30u, resolutely avoiding continuous betting after being overly excited. At the same time, timing for opening positions is crucial; I aim to place orders at support levels on the 1-hour candlestick chart, minimizing participation in 10-minute event contracts. Recently, the market volatility has been extreme; rapid price swings within a minute have become the norm, amplifying the uncertainty of short-term trading.

In terms of leverage usage and position management in contract trading, I have also learned lessons. Last night's trade, due to impulsively increasing the position after profit retracement, led to excessive leverage, which can easily result in profit loss or even liquidation. The correct approach should be to tentatively enter with a 10% position, and once profits are generated, gradually increase the position in two additional increments of 10%, expanding the gains step by step. Setting stop-losses is of utmost importance; regardless of the leverage used, one must cultivate the habit of setting stop-losses in advance.

Finally, I want to say that our primary goal is not to get rich overnight, but to find a trading strategy that suits us, to execute it firmly, and to continuously refine it. Only in this way can we survive in this uncertain market for the long term. #BTC重返11万 #美股代币化 #大而美法案 $BTC