Eight years of trading cryptocurrencies, starting with 30,000 to now over 20 million. I rely on a 50% position to steadily make profits, with monthly returns reaching up to 70%. I passed this unique secret to my apprentice, and he doubled his investment in just three months. Today, in a good mood, I’m sharing these precious tips with you, so remember to keep them safe!
1. Divide your funds into 5 parts, only invest one-fifth each time! Control your stop-loss at 10 points; if you make a mistake once, you only lose 2% of your total funds, and if you make 5 mistakes, you lose 10% of your total funds. If you're correct, set your take-profit at more than 10 points. Do you think you will still get stuck?
2. How to improve your win rate again? Simply put, it's about going with the trend! In a downward trend, every rebound is a trap for buyers, while in an upward trend, every drop creates a golden pit! Do you think it's easier to make money by bottom-fishing or by buying low?
3. Avoid investing in coins that have rapidly surged in the short term, whether mainstream or altcoins; very few coins can sustain multiple surges. The logic is that after a short-term spike, it’s quite difficult for them to continue rising. When they stagnate at high levels, they will naturally decline later, a simple truth, but many people still want to gamble.
4. You can use MACD to determine entry and exit points. If the DIF line and DEA form a golden cross below the 0 axis, and then break above the 0 axis, it's a stable entry signal. When MACD forms a dead cross above the 0 axis and moves downward, it's a signal to reduce your position.
5. I don’t know who invented the term 'averaging down,' but it has caused many retail investors to stumble and suffer huge losses! Many people keep adding to their losses, which is the most taboo in cryptocurrency trading; it puts you in a dead end. Remember, never average down when you're at a loss; only add to your position when you're in profit.
6. Volume-price indicators are crucial; trading volume is the soul of cryptocurrency trading. Pay attention to significant volume breakouts at low price levels during consolidation, and decisively exit when there's significant volume stagnation at high price levels.
7. Only trade coins in an upward trend; the odds are better and you won’t waste time. The 3-day moving average turning upwards indicates a short-term rise, the 30-day moving average turning upwards indicates a medium-term rise, the 84-day moving average turning upwards indicates a main upward wave, and the 120-day moving average turning upwards indicates a long-term rise!
8. Persist in reviewing each trade, check if there are changes in your holdings, technically analyze the weekly K-line trend to see if it aligns with your judgment, and whether the trend direction has changed. Adjust your trading strategy in a timely manner!
Contracts are about managing your positions well, with strict take-profit and stop-loss measures. Never let emotions take control.
#加密市场回调
