There is a very foolish way to trade cryptocurrencies that almost guarantees a 100% profit. I made over 20 million using this method!

1. Low leverage + small position, don't risk your life

Newbies should use 3-5 times leverage, and experienced traders shouldn't recklessly open high leverage above 10 times.

Keep your position controlled within 20-30% of your total funds, so when a big market trend comes, you won't be wiped out in an instant.

2. Set stop-loss, don't hold onto losing trades, and run when you're wrong

Not setting a stop-loss = waiting to die. You need to think about how to exit before opening a position if you're wrong. Typically, set the stop-loss within 3-5% of the opening price.

If you're directionally wrong, admit defeat; holding onto losing trades will only make your losses worse, leading to a complete liquidation.

3. Keep an eye on the liquidation price, don't let the system liquidate you

Contracts have a liquidation price; being too close to this price means you're handing your life over to the market.

If you have enough funds, appropriately add some margin, but don't mindlessly increase your position, or else it will accelerate your explosion.

4. Don't get emotional when losing, don't add positions impulsively

Trying to recover losses will 99% of the time lead to even greater losses.

Go with the trend; don't forcefully counteract in volatile or one-sided markets; adding positions against the trend is basically giving away your capital.

5. Spot trading + contracts, learn to hedge

If you hold BTC or ETH for the long term, you can appropriately open hedge positions:

Holding BTC, bearish in the short term? Open a short hedge to reduce losses.

Holding ETH, want to earn more? Go long but keep the position small, and leverage should be stable.

6. Stay away from shitcoins, avoid high risks

Small coins have large fluctuations and can liquidate you in minutes; mainstream coins (BTC, ETH) are more stable.

During extreme market conditions (sharp rises and falls), avoid high leverage, or you might face severe consequences.

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