I used the dumbest method for trading cryptocurrencies, and my win rate is close to 100%! (A must-see for all traders)

1. Low leverage + light positions, don’t risk everything

New traders should use 3-5x leverage, and even experienced traders shouldn’t recklessly use over 10x high leverage.

Keep your position within 20-30% of your total capital, so when a big market movement happens, you won't get wiped out in an instant.

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

Not setting a stop-loss = waiting to die. You should think about how to exit before opening a position; typically, set a stop-loss within 3-5% of the opening price.

If you're wrong about the direction, admit defeat; holding onto a losing position will only lead to greater losses, ultimately resulting in liquidation.

3. Keep a close eye on the liquidation price, don’t let the system take you out

Contracts have liquidation prices; being too close to this price means you are handing your fate over to the market.

If you have enough capital, you can add some margin, but don’t mindlessly increase your position, or else it will accelerate your losses.

4. Don’t let losses get to your head, don’t increase your position impulsively

Wanting to make back losses will result in 99% of the time losing even more. Follow the trend, don’t force it during sideways or one-sided markets; increasing your position against the trend is basically handing over your money.

5. Spot + contracts, learn to hedge

If you hold BTC or ETH long-term, you can appropriately open hedging positions:

Holding BTC and expecting a short-term drop? Open a short hedge to minimize losses.

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

6. Stay away from speculative coins, avoid high-risk trades

Small-cap coins are highly volatile and can lead to liquidation in minutes, while mainstream coins (BTC, ETH) are relatively more stable.

During extreme market conditions (sharp rises and falls), avoid high leverage; otherwise, you may face liquidation.

If you are also a tech enthusiast and are delving into the technical operations in the cryptocurrency space, consider following the account "Bitcoin Walker"; you will gain the latest cryptocurrency insights and trading skills.