#ETF关注 #MichaelSaylor暗示增持BTC

Short-term trading in cryptocurrencies, remember these three iron rules, even beginners can avoid detours:

First, take profits securely. If the price of a coin increases by more than 20% after buying, you need to be alert. Once the price drops back to the buying price, do not hesitate, sell decisively. If you have made a 20% profit, set a bottom line for yourself; do not sell if the profit is less than 10%, unless you are sure it has reached a temporary high. Otherwise, hold on tight. If you make a 30% profit, at least protect 15% of the profit before selling. By doing this, even if you cannot pinpoint the high, you can still let your money grow.

Second, cut losses in a timely manner, never cling to losing positions. If the price drops by 15% after you buy (this ratio can be adjusted according to your risk tolerance, but 15% is a good reference), cut your losses immediately. This is to avoid further losses. If the price increases afterward, do not regret; it indicates that the entry timing was wrong, and accepting the loss is paying for a bad trade. Every time you open a position, you must set a stop-loss; this is basic operation in cryptocurrency trading.

Third, buy low to lower costs. If the coins you sold have dropped in price and you still believe in their prospects, buy them back in the original quantity. This way, the number of coins remains unchanged, and you can have more funds. If the price hasn’t dropped much after selling and you didn’t buy back in time, resulting in the price rising back to the selling price, do not hesitate, buy back quickly. Although you may incur some transaction fees, it can effectively avoid missing out. This method can be combined with the stop-loss strategy; buy back when the price returns to the original price and set a stop-loss if it drops again. If after several trades you find that the price of this coin is too volatile and hard to grasp, then choose a new entry point.

Short-term trading in cryptocurrencies emphasizes strict adherence to principles. Quick entry and exit is not about blindly tossing around, chasing hot trends is not about luck, taking profits is not about being timid, and staying in cash does not mean exiting the crypto circle. When buying and selling, do not be overly obsessed with the lowest and highest prices; being close enough is fine. Seizing the right timing is key.