Here are some life-saving tips for beginners, all based on my experience gained from real trading losses:
If it can help even one person, it's worth it! Save it for future reference so you don't lose it later.
Managing your position and mindset is very important in trading.
I have ten thousand yuan, and I usually divide it into three parts, investing 3000 each time.
Many people don't know whether to go long or short, and this needs to be shared through experience and candlestick techniques. Go long when the market is falling and short when it is rising, while maintaining patience.
If you frequently open positions, the probability of losing money can be as high as 70%.
The principles of trading are actually quite simple, and there is no need for high leverage operations.
This is the core of position management: only use one-third of your funds, so even if you face a loss once, you still have enough capital to continue trading.
🔥【Ultimate Mindset】
A bull market is a meat grinder for retail investors, while a bear market is a gold mine for the wise. True winners in the crypto world strictly execute when others lose control of their emotions:
1️⃣ Don't be greedy in rising markets: take profits in batches at new highs (sell 20% every 10% increase)
2️⃣ Don't fear falling markets: pyramid buy at key support levels (increase position by 10% every 15% drop)
3️⃣ Don't act in chaos: observe quietly for 72 hours after significant policy announcements 📈 Attached
Gift: "Three Leading Indicators for Bull-Bear Transitions"
① Bitcoin Miner Position Index (MPI) breaking 2.5 warns of risk
② Stablecoin Exchange Ratio (SOPR)
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③ Futures Funding Rate exceeding 0.1% for three consecutive days warns of long liquidation. Remember: surviving in the crypto world is 100 times more important than making quick profits! Engrave your trading plan on the blockchain, not written in the wind 🎯
In the crypto world, if you don't have a good circle or first-hand information, I suggest you follow me, and I'll help you reach the shore $BTC