$BTC $PEPE After 8 years in the cryptocurrency market, my assets have now surpassed nine figures. Through many years of experience, I have learned valuable lessons that I want to share:
1. Capital Management: Divide your capital into five equal parts and only risk one-fifth for each trade. Implement a stop-loss of 10 points so that even if you have five consecutive losing trades, your total loss will not exceed 10% of your capital. When you start to see profits, aim for a take-profit target above 10 points to avoid getting stuck in a bad trade.
2. Trend Trading: Understanding and following market trends is crucial. In a downtrend, each rebound may be a trap, while in an uptrend, corrections can provide a good opportunity to enter a trade.
3. Avoid FOMO: When a cryptocurrency experiences a rapid surge, whether well-known or not, stay calm and avoid making impulsive decisions. History shows that few coins sustain multiple strong rallies—after a sharp rise, there is often a correction that follows. If prices remain high with weakening momentum, the likelihood of a downturn is very high.
4. Mastering MACD Signals: The MACD indicator is key to identifying entry and exit points. A golden cross below the zero line that crosses above signals a strong buying opportunity, while a death cross above the zero line that follows indicates downward movement suggesting it's time to trim your position and manage risk.
5. The Power of Trend Trading: Focus on assets in a strong upward trend for higher trading efficiency and a greater success rate. By monitoring key moving averages—short-term (3 days), medium-term (30 days), main trend (84 days), and long-term (120 days)—you can better assess market trends and make smarter decisions.
