1. Only play with Bitcoin and Ethereum.
1. Avoid messy small coins; focus on Bitcoin (BTC) and Ethereum (ETH).
2. Altcoins are like gambling; you lose 9 out of 10 times.
2. When to go short (bearish).
1. Find resistance levels: look at the yellow moving average on the 4-hour chart.
(MA60), if the price is consistently pressured by this line.
2. Sell in three parts: for example, when the price rises to around 2400, sell 1/3 first, then sell more as it rises.
3. Set the stop loss: if it suddenly spikes to 2450 and then drops, set the stop loss at 2455, just accept this loss.
3. When to go long (bullish).
Find support levels*: look at the positions on the daily chart that previously did not drop.
2. Buy in three parts: for example, at the 2300 support level, buy 1/3 first, then buy more if it drops.
3. Set the stop loss: if it suddenly drops to 2280 and rebounds, set the stop loss at 2275.
4. How to manage money.
1. Max loss per day is 20%; if reached, shut down and go to sleep.
2. Do not exceed 5% of total funds for each position.
No new positions after 2 AM. Try not to operate on weekends.
5. How to chase during a bull market.
Only chase the top three coins that rise the most that day. 2. Earn 3 dollars to lose 1 dollar: for example, if you risk 100 dollars and earn 300 dollars, then run. 3. After making money, move the stop loss, for instance, adjust from earning 200 dollars to breakeven at 180 dollars.
6. What to do during a market crash.
Prepare cash to catch bargains: keep 30% cash idle.
Wait for a drop of more than 8% before taking action.
3. DCA in three times, each time spaced by 3% in price.
7. When to stop.
1. Lock in profits after making 20 points on Ethereum and 350 points on Bitcoin. 2. If you earn too much, use the 5-minute line to protect profits; for example, after earning 500 points, pull back every 50 points.
3. If you earn 15% in a day, call it a day.
8. Must-remember lessons learned the hard way.
1. No trading allowed within 12 hours after losing money.
2. Never go all-in; even if you are confident, only use 20% of your funds.
3. Set the stop loss before going to the restroom; otherwise, you may be liquidated in minutes.
4. No new positions from 2 AM to 8 AM; this is when market makers typically take advantage of retail traders.
Here’s a real example:
Assuming you have 10,000 dollars and want to short ETH:
. Use 500 dollars (5%) for the first position.
. Set stop loss 5 dollars above resistance level.
. If the direction is right, add 500 dollars for every 2% drop.
. Maximum loss for the day is 2000 dollars (20% of total funds).
. After making a profit of 60 dollars, adjust the stop loss to the cost price.
. After making 105 dollars, reduce your position every time the 5-minute line breaks the previous low.
Remember: Trading cryptocurrency contracts is not gambling; it's a discipline contest. Controlling your hands is 100 times more important than skills!
Opportunities are here, assets will double! Follow Brother Li, easily make big money.
Keep an eye on: JUV, ZRO.
