A guide summarized from years in the cryptocurrency world! Even beginners can turn the tide!
Want to quickly recover your losses in the crypto world? Grasping the core points can help you avoid detours!
1. Abandon intuition, focus on the market
Do not easily trust others' statements; market trends are the truth. Keep a close eye on candlestick charts, trading volume, and other data, replacing subjective speculation with objective analysis.
2. Solidify the foundation, arm your mind
Master core indicators such as MACD and KDJ. Knowledge accumulation is the confidence behind your trading decisions.
3. Control your mindset, trade rationally
Profit and loss are normal! Avoid chasing highs and selling lows; staying calm is essential for making correct judgments.
4. Strictly adhere to rules, prioritize safety
① Always set a stop-loss: Set a stop-loss for each trade; the safety of your capital is a prerequisite for recovery.
② Reject heavy positions: Use fixed lot sizes, and stay away from gambling-style trading.
③ Do not change stop-loss: Determine it before trading and stick to it without changing your mind last minute.
5. Learn from experts, summarize experiences
Engage with seasoned investors, learn their trading strategies; review trades daily, find lessons from failures, and extract methods from successes.
There are no shortcuts in the cryptocurrency world, but by mastering these keys, you can more quickly emerge from difficulties and achieve recovery!