Some time ago, I decided to change my trading approach after trying many methods and losing significant amounts. I set a clear and simple plan for myself, and I followed it step by step, and thank God, it made a big difference for me:
1. Limited time: I started entering the market for only two hours a day, monitoring a few currencies and buying and selling during this period.
2. Choosing currencies: I focus on currencies that are on the list of the biggest losers, but I only choose those that have a strong name and reputation in the crypto world.
3. Diversifying investments: I don't put all my capital in one currency; I distribute it across multiple currencies, so if I lose one currency, my portfolio isn't heavily affected, and often there are other profitable currencies.
4. Waiting for recovery: After buying, I wait for the currency to recover from its loss, and usually, at that time, I make a profit that sometimes reaches 10%.
5. Selling without greed: As soon as I reach the profit I want, I sell and thank God for the provision, and I don't keep chasing whether the currency goes up more or not.
6. Mental comfort: This method has reduced my pressure and excessive thinking; I finish everything in a maximum of two hours and exit the market, and sometimes I just enter to monitor or read and write posts.
7. Investing from profits: I hold onto some currencies for the long term, and my purchases were made from the profits I generated this way, and most of them are due to my confidence that they might increase more, like the currency $OG and part of $BNB and the currency $SOL SOL.