Small capital cryptocurrency trading, the simplest yet most stable way to make money
If your capital is below 100,000, trading cryptocurrencies is easier to profit from than trading stocks, this is a fact. Here is a simple trading method; as long as you persist, achieving steady profits is not difficult. Don't doubt that you can't learn it, seize the opportunity, and you and I can start from the same starting line. Many people overlook this method, and after learning it, you can earn at least 3 - 10 points every day.
Select coins carefully, do not be greedy: There are many types of cryptocurrencies, and small investors have limited energy, so don’t trade too many at the same time. Choose at most 2 - 3 coins; if you operate with too many, it’s hard to make reasonable judgments when the market fluctuates, leading to mistakes.
Stay calm during price fluctuations: When the market surges, don’t impulsively chase purchases with fantasies of getting rich; during a sharp decline, don’t panic sell out of fear of losing everything. Emotional fluctuations can easily cause you to miss the right trading opportunities, so be sure to stay calm.
Maintain reasonable positions, balance your mindset: Don’t invest all your funds; keep 1/3 of your capital for emergencies. If you invest everything, you’ll be passive during a major drop, leading to heightened anxiety. Keeping your position flexible will help you respond to fluctuations easily.
Set take-profit and stop-loss levels, refuse greed: Set clear goals and establish profit points; take profit and withdraw when you earn. Many people lose out due to greed, wanting to earn more, ultimately resulting in losses. Set your take-profit and stop-loss levels and let the computer execute automatically; don’t let emotions dictate your decisions.
Learn technical analysis: Many cryptocurrency investors come from the IT field and lack basic knowledge of financial investment. Instead of blindly following trends, spend a few days learning some basic technical analysis to enhance your judgment.
Operate in batches, diversify risk: Don’t enter the market with all your funds at once; operate in batches. For example, if you plan to buy 10 bitcoins, you could buy in five different transactions at different times, reducing the risk of a single operation.
Think independently, believe in yourself: Don’t blindly trust others' analyses; market opinions are diverse. When making decisions, base them on your own judgment; predicting price trends accurately is difficult, so believing in yourself is key.
Trading cryptocurrencies cannot rely solely on following trends; mastering techniques and maintaining a calm mindset are the keys to success. If you can think independently and manage risks well with take-profit and stop-loss strategies, the profits in the cryptocurrency market will ultimately belong to you.
As a seasoned cryptocurrency investor, I freely share my experiences and insights. Interested in the cryptocurrency market but don’t know where to start? Follow me to see my insights and help you achieve freedom in this bull market.