Today a fan asked me: I lost 80,000 in a day in the crypto world, what should I do?
I have been in the crypto world for some years now, starting as a small retail investor with 50,000 yuan, and after struggling in the crypto world, I have now achieved millions. Today, I want to share my personal experience with everyone.
First, let's talk about capital management. Never invest all your money at once. I prefer to operate in batches, so even if I incur losses, it won't be too severe. I set a rule for myself, regardless of the market conditions. This way, even if I suffer consecutive losses, I won't be severely impacted. Once losses reach a certain level, I decisively withdraw and don't hesitate, but if I make a profit, the returns can be substantial. Even if I'm stuck in a position, I can maintain my mindset.
It's always right to follow the market trend. When the market is down, don't keep thinking about catching the bottom; it's unrealistic. When the market is rising and then adjusts, that's the right opportunity. During this time, buying at a low is much safer than trying to catch the bottom.
Choosing coins requires vision; those coins that suddenly surge, whether mainstream or altcoins, should be approached with caution. Rapid increases often lead to steep declines, making it easy to get stuck.
In terms of technical indicators, I often use MACD. When the DIF line and DEA line cross below the zero axis and then break through it, that's a buying signal. If they cross above the zero axis and then head downward, it's time to reduce positions. Don't easily attempt to average down. If you're losing, don't average down; many people end up losing more and losing everything. Remember, losses need to be cut, while profits can be increased.
Trading volume is also crucial. When the price breaks out from a low position and the trading volume increases, it could be a significant opportunity. The most important thing is to go with the trend and seize the opportunity. Combining daily and monthly charts for comprehensive judgment, when a line turns upward, you should have a sense of how to operate.
At the beginning of the month, I suggested some medium to long-term positions to fans; do you think they should continue holding?
Daily trading continues to be profitable. For those who are confused and want to make a profit to recover losses, leave a message with 111
