💰 My 5-Year Crypto Journey: Key Takeaways 🚀
Fund Allocation 💵
Split your funds into 4 parts.
Invest only 1/4 at once!
Set a 10% stop-loss.
Mistakes? You only lose 2% for one error!
Profit? Aim for a 10% take-profit! 📈
Follow the Trend 📊
Downtrend: Rebounds are traps! ⚠️
Uptrend: Dips are buying chances! 🛒
Easier profits: Buying low vs. bottom fishing! 🐟
Avoid Short-Term Surges 🚫
Steer clear of coins with rapid price spikes!
Few coins sustain multiple major rises. 🔻
High stagnation leads to inevitable falls. 📉
Use MACD for Signals 📉
DIF & DEA crossing above zero? Time to enter!
Death cross above zero? Consider reducing positions! ⚠️
Averaging Down is Risky ⚠️
Don’t average down on losses!
This can lead to bigger setbacks.
Instead, boost your position when in profit! 🌟
Volume-Price Indicator 📈
Volume is key in trading!
Watch for breakouts on high volume at low prices.
Exit when there's a volume surge at highs! 🚪
Trade Upward Trends Only ⬆️
Focus on cryptos in an upward trend!
Check moving averages:
3-day = Short-term up!
30-day = Medium-term up!
84-day = Major up!
120-day = Long-term up! 📅
Regular Reviews 🔍
Assess holdings and check trends weekly!
Adjust strategies based on your findings! 🔄
Happy trading! 🌟💸
