Remember these little tips for trading coins, they can truly help you go from a novice to an experienced trader, and maybe even afford a Panamera
I used to lose sleep over my losses, constantly thinking about how to turn things around. Now I steadily earn over 50% every year, completely relying on these simple methods:
If you're feeling itchy, don't make a move
If the market hasn't shown familiar patterns, don't place any orders; I'd rather scroll through Douyin than rush to enter the market
It's like playing Mahjong; never engage in a game where you can't win, don't use your money for "experiments"
Night Owl Strategy
During the day, the market is as erratic as a windstorm, with fake news everywhere
After nine in the evening, once the major players finish their meals, the market starts to show its true trends; that's when it's a good time to enter
Take a bite of your profits first
Made 1000U? Immediately transfer 300U to your bank account, and you can play around with the rest however you like
I've seen too many people earn enough for a Panamera but not know when to stop, ultimately losing even their bicycles
Install a "Truth Revealer" on your phone
TradingView is a must; before placing any orders, check a few key indicators: MACD golden cross and death cross, RSI overbought and oversold, Bollinger Bands opening and closing
Don't place orders haphazardly; think things through before making a move
Know how to play with stop losses
Sitting at the computer, if I've earned 100U, I raise the stop loss line by 50U. I keep adjusting positions. When walking the dog, I set a hard stop loss at 5%; if the major players crash the market, I won't be afraid
Must distribute profits every Friday
No matter if you earned 10,000 or 1,000, every Friday at 3 PM, transfer 30% to your bank account punctually, ensuring profits are safely in hand
K-line charts are like watching a series
If you want to make quick money, focus on the 1-hour chart; if there are two consecutive bullish candles, be alert. When encountering sideways movement, switch to the 4-hour chart to find support levels, just like looking for toilet signs
These pitfalls will surely lead to your demise
Leverage over 10 times? That's a death wish. For beginners, it's best to use 3 times leverage
Junk coins like Shitcoin and Dogecoin are just tools for harvesting retail investors
Limit yourself to a maximum of 3 trades a day; don't act like you're shelling sunflower seeds non-stop
If you also want to navigate through bull and bear markets steadily, achieving exponential returns while saying goodbye to the emotional ups and downs of trading
Feel free to join my team; to truly achieve long-term stable profits, you need the strategic support of professional analysts and practical traders