1. Divide your capital into small parts and start trading cautiously:
If you have $100, divide it into 5 parts, so that you only invest $20 in each trade.
Set a stop loss of 10% for each trade ($2). If you miss 5 trades, you will lose only $10 (10% of your capital).
Set a profit target for each trade of more than 10% ($2 profit or more per trade).
2. Rely on the general market trend to increase your chances of profit:
In a downtrend, every temporary spike is a trap for buyers.
In an uptrend, every dip represents a profitable buying opportunity.
Buying during a pullback in an uptrend is safer and more profitable than trying to catch the bottom.
3. Focus on bullish cryptocurrencies:
When the 3-day moving average rises, it indicates a short-term uptrend.
When the 30-day moving average rises, it indicates a medium-term bullish trend.
When the 84-day moving average rises or rises above it, it indicates a major uptrend.
Focus on currencies that show stability in the upward trend.
4. Avoid currencies that have risen too quickly:
Currencies that rise rapidly often fall after a short period.
Do not invest in currencies that have stabilized at a high level without a clear move upward.
5. Don't put all your money in one currency:
If you are trading with $100, don't put it all in one trade.
Invest in more than one currency to reduce risk.
6. Use analysis tools like MACD:
If the DIF line and the DEA line cross above the zero axis, this is a good entry signal.
If the MACD crosses down above the zero axis, consider reducing positions or exiting.
7. Don't rely on "average reduction" during a loss:
Do not add to a losing position; this increases losses.
Instead, only increase your position when you are in a profitable position.
8. Watch volume and price indicators:
High volume at low levels may indicate a buying opportunity.
Decreasing volume at high levels may indicate a risk of falling prices.
9. Plan ahead for profits and losses:
Set stop loss and take profit points for each trade.
For example, if you invest $20, set your stop loss at $18 and your take profit at $22 or higher.
10. Gradual accumulation of profit:
With a solid strategy, capital can be multiplied gradually. For example:
Invest $100 and make it $120.
Use $120 to increase profits to $144.
With repetition and discipline, you can make $10,000 in the long run.
note:
This approach relies on patience, good analysis, and sticking to the plan. Digital markets are volatile, so you must be prepared to take risks.