Crypto皇城
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How to Make Money in the Cryptocurrency Market?
#以太坊十周年 #稳定币热潮 If you are questioning life due to losses in trading cryptocurrencies, spending 3 minutes reading this article may help you find a way out.
In the first three years, I faced liquidation to the point of questioning my life, accumulating debts of 8 million, and almost jumping off a building. Now? Haha, earning over a million a month feels like a game. Today, I’m going to share with you my trading principles that I've kept hidden.
Remember this twelve-character mantra: cut losses when wrong, hold when right, small losses, big gains. How to play specifically?
1. Look at the overall trend.
When the 5-day moving average is above, only go long; when it’s below, only go short. Don't go against the trend; it can end very badly.
2. Trial trades
Look for positions where the stop loss is only 1 yuan, but the potential profit can multiply by 10 times. Usually, this is at the bottom when the market just starts. If wrong, you only lose the cost of a meal.
In the first three years, I faced liquidation to the point of questioning my life, accumulating debts of 8 million, and almost jumping off a building. Now? Haha, earning over a million a month feels like a game. Today, I’m going to share with you my trading principles that I've kept hidden.
Remember this twelve-character mantra: cut losses when wrong, hold when right, small losses, big gains. How to play specifically?
1. Look at the overall trend.
When the 5-day moving average is above, only go long; when it’s below, only go short. Don't go against the trend; it can end very badly.
2. Trial trades
Look for positions where the stop loss is only 1 yuan, but the potential profit can multiply by 10 times. Usually, this is at the bottom when the market just starts. If wrong, you only lose the cost of a meal.
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