8 years of experience in the cryptocurrency market~ Practical strategies for beginners

I want to share with everyone some very practical cryptocurrency strategies that I have spent a lot of effort acquiring. They are very useful, and I can't help but share them with you. I recommend (like + bookmark) so you won't lose them in the future.

Here’s an example using contracts:

First, if the cryptocurrency you choose to play this strategy with is ETH, which has a starting purchase price of 20 USDT, then you need to prepare at least 8 USDT as your capital because you need to open a position in incremental mode.

Step 1: You spend 1 USDT to open a position with 25x leverage, placing an order for 25 USDT. The entry point can be any value, there are no requirements. #比特币与美国关税政策

Step 2: Check your liquidation price and then place an order 1.5 USDT above your liquidation price and double the value of your last position. For example, if your last position was 25 USDT, then you should use 2 USDT to open a 50 USDT position this time. What next? If you can calculate the new liquidation price after opening a new position, you can place a third order with 4 USDT to open a 100 USDT position, also about 1.5 USDT above the liquidation price, because you are using 25x leverage. This means that when the market price drops by about 4%, you will get liquidated. Therefore, opening a position close to the liquidation price can avoid liquidation, and since your position size is double that of the last time, it will lower the average price, allowing you to break even with just a small rebound. #币安Alpha上新

The theoretical pressure resistance of this strategy is based on your capital. Here, I still take 8 USDT as an example. In the case of 8 USDT, you can increase your position twice, considering the situation of the first position, theoretically, you can withstand a 12% increase before liquidation occurs. Of course, you can set a stop-loss point; my suggestion is to set the stop-loss at 98% of the price after the third position increase, meaning if it drops 2% immediately after the third increase, you should stop-loss.

I have used this strategy before when I had 2 USDT, and it works very well combined with technical analysis. When the market trend arrives, you don’t have to hold the position for too long; instead, you can increase your position due to the drop, and in the end, you can profit a lot when it rebounds. If you also want to share a piece of the pie in the cryptocurrency market and want to trade, follow the recommended account (Bitcoin Pioneer) to battle in the cryptocurrency world!