The core of making money in the cryptocurrency world is just two words: avoid greed.

When prices rise, people hope to earn more; when they fall, they stubbornly hold on, waiting for a rebound, fixated on the 'last wave' and unwilling to leave, repeatedly suffering losses without acknowledging it.

Last week, a guy in the circle stubbornly held onto ETH when it dropped from $3100 to $2900 in early December, claiming it would definitely rebound. As a result, it fell below $2850 and he was liquidated, suffering nearly an $80,000 loss in one go.

I used to do the same, getting trapped by the hype of Dogecoin in 2023, staying up all night watching the market with bloodshot eyes, losing more and more, and ended up in credit card debt, sleepless for entire nights.

Later, I forced myself to calm down and got through it with simple methods.

Now ETH is stabilizing around $3100, and after the crash in early December, it has just started to recover. I earned a living expense last month with these tricks, and I’m sharing the solid advice with you.

First Trick: Trade after 9 PM.

During the day, news is chaotic. Last Wednesday morning, there was news about a compliant new coin on a certain platform, and BTC instantly surged 1.5% breaking $91000. Those who followed the trend were trapped in the afternoon when the price dropped.

After 9 PM, the candlestick chart becomes clear, and the error rate in trading drops by half.

Second Trick: Let the indicators decide.

Monitor MACD, RSI, and Bollinger Bands on TradingView; only enter the market when at least two indicators are in sync.

Last Thursday night, ETH's MACD had a golden cross, and RSI rebounded from the oversold zone. I entered at $2920, exited at $3050, and earned a steady 4 points.

Third Trick: Stop losses must be active.

When watching the market, if you make a profit, adjust your stop loss. For example, if you bought SOL at $140 and it rose to $146, move the stop loss to $143 to secure profit;

When going out, set a 3% hard stop loss. Last month, SOL dropped from $148 to $132, and with this strategy, I only lost over $400.

Fourth Trick: Analyze the candlestick charts correctly.

For short-term trading, look at the 1-hour chart and only go long after two consecutive bullish candles;

For sideways markets, switch to the 4-hour chart to find support. For instance, when BTC was trading sideways at $93000, entering near $93200 was the safest bet.

Fifth Trick: Stay away from altcoins.

Two years ago, I invested in a worthless coin that dropped from 0.00021 to 0.00003, losing everything. Now I only touch mainstream coins like BTC and ETH, even if the altcoins in the robot race double, I won’t touch them.

In the cryptocurrency world, making fewer losses is winning.

The market has just begun to recover from the crash. Don’t wait until you face a huge loss to realize that setting stop losses is more important than fantasies. I will share real-time signals in the chat room below, keep up with the pace and don’t let greed trap you! @bit冰