💡Entering the Market: Don't Rush to Make Money, First Learn to Avoid Losses!
💡Don't be afraid of new traders facing liquidation; be afraid of making a few times profit before liquidation—this is how gamblers are made.
🚫 The market will be volatile in 2025. With Bitcoin once again surpassing the 100,000 mark last night, retail investors are in full FOMO mode📈.
🚫 A novice's biggest enemy is not the market, but emotions! Never chase rising prices or panic sell. The market is always there; missing today doesn't mean it's over.
🚫 Don't buy coins based on feelings. There is no bottom or top in the crypto world.
🚫 Never hold onto losing trades! Set profit-taking and stop-loss levels for every trade; if you lose, adjust your strategy before entering again, and don't go against the market.
🧭Three Steps to Establish Your Trading System:
1️⃣ Set Goals: Are you here for short-term trading? Mid-term? Or regular investment?
✅ Without a big direction, only chasing trends will lead you to be cut off.
2️⃣ Choose Coins: Don't be greedy; select 2-3 to research thoroughly!
✅ New traders are advised to only play with a few top currencies; don't buy just because something is hot.
3️⃣ Develop Your Own Position Management Strategy; don’t go all in on contracts immediately.
✅ For example, I keep 30% in contracts and 70% in spot; I take a portion of the weekly profits to invest in promising altcoins for the long term.
🔁Trading Suggestions: Four Methods Suitable for New Traders
🟢 Dollar-Cost Averaging (Most Suitable for Beginners)
Invest a small amount in top currencies at a fixed time each week to smooth out costs over time; don’t be anxious or chase prices.
🟡 Spot Buying Low and Selling High
Use support/resistance levels for simple judgments; avoid contracts and leverage.
🔵 Day Trading with Light Positions
Combine candlestick analysis with news; enter and exit with small positions, observe more and act less, earning money through understanding.
🔴 Simulation Trading Practice
Don’t use real money just yet; practice your vision and operational logic, solidify your foundation before entering the market.
📚Final Reminder:
Don’t think you can get rich from just one or two trades; those who truly make money are the ones who have survived several bull markets!