After ten years of trading cryptocurrencies, I started with thirty thousand and my account has now exceeded twenty million.
Always maintain a stable operation with fifty percent of the position, with monthly returns stabilizing around seventy percent. I personally taught this method to my apprentice, and he doubled his capital in just three months.
I'm in a good mood today, and I've decided to share these valuable insights with everyone. I recommend saving and savoring them!
1. Capital is allocated in batches, strictly controlling risks.
Divide the total capital into 5 parts, investing only one-fifth each time.
Set 10% as the single loss limit, losing only 2% of total capital each time you make a mistake; even if you make 5 consecutive mistakes, you only lose 10%. Once you make a correct move, set the profit-taking at over 10%.
With this operation, are you still afraid of being trapped?
2. Go with the trend to increase the win rate.
The key to making money is just two words: follow the trend!
Rebounds in a downtrend are often traps for the greedy, while pullbacks in an uptrend are actually golden opportunities.
Think carefully, is it easier to make money by bottom fishing, or is it safer to buy on the trend?
3. Avoid coins with short-term explosive growth.
Whether mainstream coins or altcoins, avoid touching those that rapidly surge in the short term.
There are very few coins that continuously break out of the main rising wave. Once a high-level stagnation occurs, a pullback is highly probable.
The logic is simple, yet there are always those who are lucky.
4. Skillfully use MACD to grasp buy and sell points.
When the DIF and DEA lines form a golden cross below the 0 axis and stand above it, it can be seen as a reliable entry signal; if a dead cross appears above the 0 axis and starts to decline, it is a reminder to reduce positions.
5. Refuse to average down on losses, only add to positions when in profit.
The term 'averaging down' has trapped countless retail investors!
The more you lose, the more you average down; averaging down leads to further losses is a major trading taboo.
Remember: averaging down can only be done under the premise of profit; avoid blindly adding to positions when in loss.
6. Pay attention to the relationship between volume and price.
Trading volume is the soul of coin price.
Breakout after low-level consolidation—focus here; high volume but stagnant at high levels—exit decisively.
7. Focus on coins with rising trends.
Only trade varieties with upward trends for the highest win rate and time efficiency:
The 3-day moving average is turning upward, indicating a short-term rise;
The 30-day moving average is turning upward, indicating a medium-term market;
The 84-day moving average is turning upward, the main rising wave is coming;
The 120-day moving average is turning upward, confirming a long-term trend.
8. Persist in reviewing trades and adjust timely.
After each trade, be sure to review and check if the logic of holding the coin has changed.
Pay close attention to whether the weekly K-line trend meets expectations, whether the trend has changed, and adjust strategies accordingly.
Trading is not gambling, but a practice of discipline and cognition.
The above 8 points are all gained from experiences exchanged for real money. May you understand and absorb them, and walk the path of sustained profit.
Follow me, I am the crypto veteran, wish you good luck!