Newcomers must see! 3 core survival tips in the crypto world: prioritize safety before making money
The crypto world is not a game; if newcomers do not understand the rules, 90% will lose money and run away. Here are 8 core suggestions summarized to help you avoid half the pitfalls, prioritize safety, and then make money.
1. Essential basics to learn (avoid pitfalls)
1. Core concepts of contract trading
Perpetual contracts vs. futures contracts: Newcomers should practice perpetual contracts first, as there is no expiration pressure.
Leverage ≠ doubling: With 10x leverage, a 5% reverse fluctuation means a loss of 50%. It is recommended to start with 5x leverage.
Always set stop-loss: Set a stop-loss of 5%-10% for each trade. For example, with a capital of 8000 yuan, the single stop-loss should be ≤ 800 yuan.
2. Choose the right platform
Only choose top platforms in the country: Binance, OKX; small platforms have a 90% chance of running away.
Low fees are attractive: Spot trading ≤ 0.1%, for contracts pay attention to funding rates, the lower the better.
3. Ironclad risk management rules
Floating loss exceeds 10%? Unconditional stop-loss; keep the principal safe, opportunities will arise anytime.
2. Trading strategy: Make “certain” money
1. Trend trading rules
Moving average judgment: 50-day line > 100-day line > 200-day line on the 4-hour chart → go long; vice versa for short.
Indicator assistance: MACD golden cross above the 0 axis + RSI > 50, higher entry win rate.
2. Swing trading mantra:
Do not catch falling knives: Wait for 3 bullish candles to stabilize before buying.
Do not chase highs in an uptrend: Do not chase when deviating from the moving average by more than 20%, wait for a pullback to the moving average before entering.
3. Capital management: 8000 yuan divided warehouse practical method
1. Leverage usage
Newcomers should use 5-10x leverage for stability: with 8000 yuan capital, the maximum contract can be 80,000 yuan, reducing liquidation risk by 50%.
After making 20%, withdraw 20% of the profit, and use the remaining funds for further operations.
2. Build positions in batches
First, 40% trial position (3200 yuan), stop-loss at 5% drop (loss of 160 yuan).
Add 30% (2400 yuan) after breaking the previous high, leaving 30% (2400 yuan) to cope with a crash.
In the crypto world, making money starts with ensuring safety. Understand the rules, risks, and operations to ensure stability. By following these 3 core rules, newcomers can steadily get started, reducing losses and increasing profits.
If you want to learn more about crypto news and know the direction of the next market wave, keep up with the pace of the market and profit from the trades!!!
