1️⃣. Survive first, then talk about making money
What does the cryptocurrency contract market fear the most? Liquidation! My rule: Always divide total funds into 10 parts; for example, only take 1000U to open a position with 1WU. Even if it blows up, it’s only a 10% cost, and as long as your mindset doesn’t collapse, there’s still a chance to turn it around.
2️⃣. Increase position on profit, cut losses on downside
The truth about most people losing money: they run when they make money and stubbornly hold on when they lose!
My system is the opposite:
When in profit: Only increase your position when your unrealized gains exceed 20%, never touch your principal.
When in loss: Stop loss immediately at -5%, never average down!
(The biggest target for market makers is the 'cost averaging' retail investors...)
3️⃣. Beware of the 'shitcoin' trap
90% of cryptocurrencies have no value, relying entirely on market makers to pump and dump retail investors.
My screening criteria:
Only trade mainstream contracts, never be fooled by altcoins claiming 'get rich overnight';
If a cryptocurrency suddenly spikes over 50%, rather miss out than chase the high!
Why do I dare to increase my position during a crash?
Actually, there’s an anti-human nature indicator that allows me to profit during a major crash.
❗️❗️ Safety of principal comes first; if you lose all your principal, you will never have a chance to turn it around. Better to earn less than to protect your principal first. Always leave some room.
➡️ Do not trade frequently; making a few correct large trends in a year is enough. Greed can lead to big losses!
🏜 Control your emotions: 99% of people lose to human nature. Fear and greed are the biggest enemies: the more the market rises, the more people want to buy; the worse it falls, the more people want to sell. But true experts do the opposite.
❗️ In a bull market, dare to take profits; in a bear market, dare to hibernate (dollar-cost averaging). In a bull market, be willing to sell; don’t always think about making that last dollar. In a bear market, be willing to refrain from trading and don’t let market fluctuations wash you out.
🔆 Planning the cycle is more important than short-term predictions; if you only want to do short-term trading, you will constantly be affected by market emotions. But if you can extend the cycle and focus on planning, you will find that market cycles are more predictable than short-term fluctuations.
💯 Mainstream assets are the cornerstone of long-term wealth. Bitcoin and Ethereum have gone through multiple rounds of bull and bear market tests; holding long-term is more stable than short-term trading profits.
📩 Investing in yourself is more important than investing in cryptocurrencies; the market is always changing, and past experiences may not apply to the future. Continuously learning new knowledge is essential to surviving longer in the market.
📉 Do not touch unfamiliar cryptocurrencies; focus on your familiar sector to secure your wins!
📈 When most people are optimistic, it is often when the risks arise. Remember this and don’t let yourself become a bag holder!
⚠️ Making money from trading cryptocurrencies is not due to good luck, but because you are more patient, understand the market better, and can control your emotions better than others. The real 'wealth-building secret' is not about getting rich quickly, but about surviving long-term. When the bull market comes, you will naturally become wealthy.
Success is not accidental; opportunities are also reserved for those who are prepared. Follow me, a captain skilled in combining medium and short-term arbitrage, here with you on your cryptocurrency journey. No matter how the market goes, I will accompany you all the way.
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Uncertainty Band
Uncertainty Band
