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Elon Musk 65908
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Silence speaks louder than signals, discipline, secrecy, and the soul of a trader in one glance.
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Elon Musk 65908
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I treat trading cryptocurrencies as a job, and surprisingly, I've become more stable in my earnings! In the past, I was like many others: Staying up late to watch the market, chasing prices up and down, placing orders based on feelings, and ultimately losing sleep over losses. But in recent years, I've started treating "crypto trading" as a serious job, clocking in and out on time every day, and I've surprisingly become more stable, now achieving an annualized return of over 50%. To summarize my "survival strategies", I hope beginners can avoid some pitfalls: 1. Make trades after 9 PM The news during the day is too chaotic, making it easy to be misled by false information. I usually wait until after 9 PM to make moves; by then, the news stabilizes, and the direction of the candlestick chart is clearer. 2. Take profits immediately Made 1000 U today? Withdraw 300 U to your bank account first, and then continue trading with the rest. Don't fantasize about doubling your money; I've seen too many people lose their principal due to greed during pullbacks. 3. Look at indicators, not feelings Don't guess the direction! I rely on these 3 indicators to judge the market: MACD golden cross/death cross RSI overbought/oversold Bollinger Bands contraction/breakout Only consider entering the market when at least two indicators agree. 4. Be flexible with stop-loss settings If you can monitor the market, use dynamic stop-loss based on price increases. If you can't watch the market, set a fixed stop-loss at 3% to prevent catastrophic losses. 5. Withdraw profits every Friday I consistently withdraw 30% of my profits to my bank account every week. Trading cryptocurrencies isn't a numbers game; taking profits is the real win. 6. Small tips for reading candlesticks For short-term trading, look at the 1-hour chart; if there are two consecutive bullish candles, consider going long. When the market is ranging, switch to the 4-hour chart to look for support lines, and enter when close to support. #ElonMusk65908 Follow For More!
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Many people repeatedly fall into traps in the cryptocurrency space, and the problem lies in focusing only on one timeframe. Why look at 4-hour, 1-hour, and 15-minute candlesticks? Today, I will discuss my commonly used multi-timeframe candlestick trading method: three simple steps to grasp direction, find entry points, and time your trades. 1. 4-hour candlestick: Determines your major direction for long or short trades. This timeframe is long enough to filter out short-term noise and clearly see the trend: • Uptrend: Higher highs and higher lows → Buy on dips • Downtrend: Lower highs and lower lows → Short on rebounds • Sideways fluctuation: Price oscillates within a range, making it easy to get stopped out; frequent trading is not recommended. Remember this: trading with the trend increases your win rate; trading against the trend only gives away money. 2. 1-hour candlestick: Used to delineate ranges and find key levels. Once the major trend is confirmed, the 1-hour chart can help you identify support/resistance levels: • Near trend lines, moving averages, and previous lows are potential entry points. • Approaching previous highs, significant resistance, or the emergence of topping patterns requires considering profit-taking or reducing positions. 3. 15-minute candlestick: Only for the final 'trigger action.' This timeframe is specifically for finding entry opportunities, not for observing trends: • Wait for key price levels to show small timeframe reversal signals (engulfing, bullish divergence, golden cross) before entering. • Ensure volume is present; only then is the breakout reliable; otherwise, it may be a false move. How to coordinate multiple timeframes? 1. First determine the direction: Use the 4-hour chart to decide whether to go long or short. 2. Find entry zones: Use the 1-hour chart to outline support or resistance areas. 3. Enter precisely: Use the 15-minute chart to find the final signal for entry. #ElonMusk65908 Follow For More!
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Trading coins from 50k to 20M! Thanks for these experiences! 1. Divide your available funds into five equal parts, for example, if you have 10,000 dollars, divide it into five parts, using 2,000 dollars for each trade. 2. Use one part of the funds to buy a cryptocurrency at the current price. 3. If the price of the coin drops by 10%, buy another part. 4. When the price of the coin rises by 10%, sell one part. 5. Repeat the above steps until all funds are used up or all coins are sold. With this strategy, once you buy in, you don't have to worry even if the coin price drops, because we will continue to buy when the price drops. In fact, if all five parts of the funds are used up, the price of the coin has already dropped by nearly 50%. Unless there is a major market crash, the price of the coin will not drop so quickly. From the perspective of profits, every time you sell, the funds can bring a profit of 10%. Taking a total fund of 100,000 as an example, if you use 20,000 each time, you will earn 2,000 dollars in profit each time you sell. However, this strategy also has certain issues. A 10% fluctuation range is relatively large, which may lead to trades not being executed easily, requiring longer waiting times. This can affect the efficiency of fund usage, as funds may remain idle for a long time or be occupied by specific coins. However, this problem can be solved by narrowing the fluctuation range. For example, you can choose to buy coins with high stability and invest in Binance wealth management products during idle fund times. This way, you can earn additional income while waiting for coin price changes. #ElonMusk65908 Follow For More!
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Gm $TON 💎 #ElonMusk65908 Follow For More!
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$ETH just one small favor 🥺👉👈 come back to $4800 🚀🔥 everything else can wait 😂 #Ethereum #ElonMusk65908 Follow For More!
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