From 50,000 to 800,000, I used the dumbest method for trading cryptocurrencies, and my win rate has reached 100%! A must-read for all cryptocurrency traders!
First: Do not operate with a full position; always maintain a certain proportion of spare funds.
Operating with a full position is like going into battle without backup troops. Especially when the market is unstable, if you operate with a full position and the price drops, it can lead to a passive situation where selling incurs losses, and if you don’t sell, you have no extra funds to average down your cost. When other opportunities arise, you may have no funds left or may have already exited with losses. Holding a full position can lead to an imbalance in mindset due to market fluctuations. The greater probability with a full position is liquidation, not the fantasy of getting rich overnight.
Second: Buy and sell in batches.
Reduce risk, average down costs, and amplify profits. The advantage of buying in batches when the price is falling and selling in batches when the price is rising is that you can have a lower average price than others, resulting in higher profits. $ETH
Third: When the market is weak, hold with a light position.
In a bear market, it’s best not to exceed half a position. When the market is strong, you can hold a heavier position appropriately; in a bull market, it is recommended to limit your position to 80%, keeping 20% for short-term or spare funds to respond to unexpected events. $BTC
Fourth: As the market changes, make corresponding adjustments to your position, appropriately increasing or decreasing your holding. #币圈
Humans are alive; when the market is strong, I can appropriately reduce my position to secure some profits, and when it is weak, I can appropriately add to my position to lower costs; this is making corresponding adjustments. #币圈暴富
After adding to a position, a slight rebound in price will be very close to or exceed the cost. #比特币
For example: When the trend is clearly downward, you should reduce your position. When the trend starts to stabilize and rise, you should increase your position. When you are uncertain about the market and can’t understand it, do not hold a heavy position or easily add to your position. If you see support, you can increase your position; if you see pressure, you can reduce your position and realize profits. #加密市场反弹
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