The raging bull market has finally begun! I will share my experience from the last bull market with everyone. Remember these 6 points, and you will likely win.
1. Don't go all in: Divide the money you have into 5 equal parts, and only use one part to buy coins each time. At the same time, set a 10% stop-loss line in advance, which is like fastening a seatbelt for your investment. If you lose on this purchase, you will only lose a maximum of 2% of your total funds, and even if you make 5 wrong purchases in a row, you will only lose 10% in total, without wiping out your principal.
2. Follow the trend: When trading coins, you must look at the big picture. If the market keeps going down with occasional small rises, don’t think it’s a reversal; it’s highly likely a false signal to “trap you.” Conversely, if the overall trend is upward, when it dips, it might be a good opportunity to pick up coins at a low price, just like picking up gold from the ground.
3. Avoid coins that have skyrocketed: Those coins that have shot up in price in a short period should be avoided at all costs. Once they reach a certain point, they will stop rising, and will likely fall afterwards, leaving you “trapped.”
4. Operate according to the MACD indicator: Use the MACD tool to determine when to buy and when to sell. When the DIF line and DEA line in the MACD cross below the zero axis and then rise above it, that’s a good buy signal; if those two lines cross above the zero axis and then go down, it’s time to sell some coins.
5. There are techniques for averaging down: Never add more money to a coin that you already bought at a loss; this will only dig you deeper. Wait until you are in profit before adding to your position. Additionally, the relationship between volume and price is very important; if the price of a coin is low and suddenly the trading volume increases while the price goes up, pay attention; if the price is high but the volume is large without an increase in price, don’t hesitate, sell quickly to secure your profits. Also, choose those coins that have been consistently rising and have potential for trading.
6. Weekly review is very important: Spend time each week reviewing your trading operations, see what you did well and what went wrong, and adjust your trading methods based on market conditions accordingly, to make more money and lose less in the coin market.
Finally, I want to share a golden dog. Recently, Dao Ge is quite optimistic about Musk's little dog PP and the Ethereum chain's ten thousand community, which has a low market value, especially suitable for brothers with small funds to lay low.