Just entering the crypto world and trading contracts? Experienced players share 4 life-saving tips; remember: staying alive is the first step to getting rich! 💪
🔥 Life-saving Tip 1: Learn to crawl before you can fly (Basic pitfall avoidance)
For contracts, choose perpetual: Beginners should avoid futures contracts! Perpetual contracts have no expiration date and are more friendly for practice.
Leverage ≠ Money Printer⚠️: With 10x leverage, a 5% reverse fluctuation can wipe out half of your principal! It is recommended to start with 5x to feel the 'waves'.
Set a stop loss! Set a stop loss! Set a stop loss! Every trade must have one! Principal of 8000? Don’t let a single stop loss exceed 800! Floating loss of 10%? Don’t hesitate, run!
Only choose top platforms! Binance/OKX/Zhima, small platforms have a frighteningly high risk of running away. Also compare transaction fees!
📈 Making Money Tip 2: Only eat 'meat from the fish body' (Certainty strategy)
Trend is king:
Look at the 4-hour chart! 50-day line > 100-day line > 200-day line → Go long ✅; the opposite means go short ✅.
MACD golden cross above the 0 axis + RSI > 50 → Higher winning rate! 🚀
Don’t get overconfident in fluctuations:
Don’t catch falling knives! Wait for at least 3 bullish candles to stabilize before the previous low.
Don’t chase highs when the price is too far from the moving average (>20%)? Wait for it to retrace before getting in!
💰 Money Management Tip 3: You can still play with 8000 (Practical asset allocation)
Leverage control: 5-10x is enough for beginners! With a principal of 8000, you can open contracts worth up to 80,000 (10x), significantly reducing risk!
Take profits on floating gains: If you earn 20% (say 1600), first withdraw 320, and play with the rest for a steadier mindset.
Build positions in batches:
First order 40% (3200) for testing, if it drops 5% (loss of 160), immediately stop loss.
Add 30% (2400) after breaking the previous high.
Always keep 30% (2400) as emergency funds! Protect against market crashes or black swan events!
🎯 Four steps in practical operations:
Choose coins: Only trade BTC/ETH! They have good liquidity and are much more resilient than altcoins!
Watch the trend: Bullish moving averages + MACD golden cross → Go long; control your hands and don’t catch falling knives!
Open a position: 5x leverage, buy BTC worth 26000 with 3200, set stop loss at 25700 (expected loss of 300), target profit at 28000 (expected gain of 400).
Daily homework: Check positions before the market closes (don’t exceed 10x your principal!), adjust stop loss (protect profits!).
🌟 Summary of Core Points:
Risk first! Stop loss to preserve capital is the bottom line.
Only pursue certainty! Don’t guess tops or bottoms.
Manage your money well! Diversify, control leverage, and secure profits.
Focus on the mainstream! BTC/ETH is the way to go.
During the beginner phase, earning less is a win! Survive first, and gradually become stronger! 💪