Fans lost two months of living expenses, but after finding me, they completely turned it around!
Last week, an old fan found me, and the first thing he said was: "Bro, I lost all my living expenses for two months, and I'm completely numb... Is there any hope?"
I didn't give him advice immediately; instead, I asked him two questions: "How did you lose it?" "What are your plans to turn it around?"
He talked a lot—following trends as a newbie, betting everything on small coins, increasing positions against the trend, and blindly following calls from the group.
I sent him this set of advice:
Pay special attention to coins that can withstand a market crash, as it indicates there is market support, and they are likely to take off later.
Don't understand the market? Just focus on the 10-day and 30-day moving averages; if they break, exit without hesitation.
For coins that have been flat for three days without fluctuations, directly adjust your position; if you lose more than 3%, cut your losses and prioritize capital utilization.
For coins that have been falling for a week, pay attention to strong support below, as they are likely to see a technical rebound, don't easily miss out.
Don't think top coins are too expensive; the more they are at the top, the more logical they are, and only coins with consensus will attract big money.
Later he asked again: "I still have 300 bucks, what can I do now?"
I told him: What you should learn now is not to double your money but how to stabilize your account and establish a foundational rhythm.
I made him a three-step plan:
Step 1: Use 100 bucks divided into three trial trades, only trade hot spots, only trade breakouts, strictly take profit and stop loss, don't be greedy, stop after a few trades.
Step 2: Once the account exceeds 1500, the strategy is clear:
Play BTC for ultra-short trades, capturing hourly fluctuations;
Small positions for medium-term layouts, regularly investing in strong coins;
Medium-term trend trades, used to capture main rises and expand profits.
Step 3: Staying put is also a form of operation; if the market is unclear, stay in cash and wait, don't try to catch every opportunity, prioritize safety.
A few days later, he came back to me and said:
"Not only did I not lose this time, but I've steadily made a profit, and my mindset is much more stable than before."
Want to make money in the crypto space? It's never about frantically trading; it's about methods, rhythm, and controlling your desires.
In this circle, there's no room for impatience, nor for those who don’t take things seriously. As long as the direction is right, taking it slow can still outpace the majority.
Is the market fluctuating wildly, and you have no idea what trades to make? Want to recover losses or double your money? Stay close to Cat Brother and get the rhythm right in advance!