There is a silly method in the cryptocurrency world that might help you when you're feeling confused — trading a single coin in one direction.

In simple terms: focus on one coin, only trade in one direction, and don't jump around everywhere.

In my early years, the dumbest mistake I made was switching between three coins in a single day, changing the candlestick chart faster than flipping pages, learning a bunch of indicators, and ended up paying all my money as 'trial and error fees.' Later, I realized that focusing is more important than anything else if you want to make money in the crypto world.

For friends who are not technically top-notch, I sincerely recommend focusing on mainstream coins like BTC or ETH. First, identify the big trend — if the upward trend is clear, only go long; if the downward trend is obvious, only go short. Don’t always think about guessing rebounds or picking bottoms and tops; follow the trend until it's finished; when you can't see the market clearly, it's better to stare blankly at the screen than to place a trade.

Funds should be divided into three parts, which is a strict rule I repeatedly emphasize when training students:

1. 1/3 for low position trial, add 1/3 when breaking key levels, and add the last 1/3 when the trend is confirmed.

2. Take profits in batches; withdraw half after earning 20%, and set a trailing stop for the remaining.

3. Stop losses must be strict; cut losses at 3%, leaving room for big profits.

Last month, I guided a student to focus on ETH with 600 USDT, and after three days of trading according to the strategy, his account rose to 1680 USDT. He now focuses on repeating actions instead of rushing to earn more.

The core of this method is three points:

1. Fixate on one coin without distractions. I've seen people print out ETH's candlestick chart and post it on their wall, watching it for three hours a day; after three months, they could roughly know its volatility range even with their eyes closed.

2. Write down entry, position increase, take profit, and stop loss plans in advance. Reciting the plan before opening a trade can help avoid 80% of impulsive actions.

3. The risk-reward ratio must be favorable, at least 1:2. Even if you make three mistakes out of five trades, as long as the two correct trades can earn back twice the losses, you'll still end up profitable in the long run.

To be frank, this method is not suitable for gamblers. Those who hope to double their money overnight will not survive the sideways and volatile periods. It is only suitable for those who can endure, maintain discipline, and are willing to gradually grow their accounts.

Should you continue to bump around various opportunities, or should you calm down and thoroughly understand a single coin? Once you figure this out, you'll know how to choose.

If you’re still unsure about a certain mainstream coin or want to discuss how to set stop-loss levels specifically, feel free to contact me at @bit多多 . Sometimes, bringing your focus back makes the path to making money clearer. (Homepage Profile)