The core of trading is never to operate blindly, but to wait patiently - don’t stare at the market all day long, as being impatient will only disrupt your rhythm and accelerate losses!

Remember these 5 sentences to help you avoid detours in the cryptocurrency world:

1. Follow the trend and wait for a pullback: If you are optimistic about the trend, don’t rush to chase high prices. It is safer to wait for the pullback to be in place before entering the market.

2. Trade in volatile markets and wait for highs and lows: Don’t chase rising prices or sell falling prices in volatile markets. Wait until prices hit highs and lows before trading, and your chances of winning will be higher.

3. Take advantage of rebounds and wait for large volume: If you want to take advantage of rebounds, don’t blindly buy the bottom. Wait for the confirmation signal of large volume increase before entering the market.

4. Make a breakthrough and wait for a pullback: Don’t rush to chase the rise in a breakthrough market. It is safer to wait for a pullback to confirm support before entering the market.

5. Buy the bottom and wait for a reversal: Don’t buy the bottom based on guesswork, wait for a clear reversal signal to appear before entering the market to avoid being trapped.

Over the years of working in the cryptocurrency world, I've experienced the despair of a margin call and the joy of doubling my profits. Today, I'm sharing my experience with real-time losses with everyone, hoping it can help more people. I recommend liking and saving this post so you can easily come back to it later.

1. Choose the right trading time and avoid daytime "minefields"

The cryptocurrency market during the day is often like an "information melee": false positive and false negative news are flying all over the place, the market fluctuates violently, and if you are not careful, you may be lured into buying or selling.

Recommendation: Avoid the chaotic daytime hours and trade after 9 p.m. This is when market news is more settled, candlestick patterns are clearer, and direction judgments are more accurate, effectively adding a safety lock to your trades.

2. Secure your profits and don’t let them fly away

"Wanting to make more after making money" is the root cause of many people losing money! Don't always fantasize about doubling your money; locking in your profits in time is the key.

How to do it: For example, if you make 1,000 U profit that day, immediately withdraw 300 U to your bank account and continue trading the rest. I've seen too many people make 300% of their money and then want to 500% more, only to lose everything in a single pullback - remember, money is real money only when it's in your wallet!

3. Use indicators to speak for you, and avoid making decisions based on intuition.

Making trades based on your feelings is no different from gambling!

Tool Recommendation: Download TradingView and focus on these 3 indicators:

- MACD: Golden cross indicates bullish, while dead cross indicates bearish.

- RSI: Overbought (>70) be wary of a pullback, oversold (<30) watch for a rebound.

- Bollinger Bands: accumulate strength when narrowing, bullish if it breaks through the upper band, bearish if it breaks below the lower band.

Principle: Consider entering the market only when at least two indicator signals are consistent to reduce the probability of error.

4. Stop loss should be "live" and protecting the principal is the bottom line

- When watching the market: flexibly adjust your stop-loss price. For example, if you buy at 1000U and it rises to 1100U, immediately raise your stop-loss to 1050U to lock in a 50U profit.

- When you can't monitor the market: set a 3% hard stop-loss! This prevents you from being wiped out by a sudden market crash. Only if you have your principal is there is a chance to recover.

5. Weekly mandatory withdrawals, no digital games

If you don’t withdraw the money in your account, it will always be just a string of numbers!

My habit: I transfer 30% of my profits to my bank account every Friday, and I roll over the rest. If I stick to this, it not only helps my wallet and account grow steadily, but also reduces stress.

6. K-line usage guide to find the right entry time

- Short-term operation: keep an eye on the 1-hour chart, and try to go long when there are two consecutive bullish candlesticks.

- In volatile markets: Switch to the 4-hour chart and wait for the price to fall to near the support level before entering the market. This is a safer way to buy at the bottom.