💡Entering the Market: Don't Rush to Make Money, Focus on Learning First!
💡Don't be afraid of new traders blowing up their accounts; the real danger is making a few times your investment before blowing up, turning you into a gambler.
🚫 The market will be volatile in 2025. With Bitcoin rising above 100,000 again last night, FOMO among new traders is at its peak 📈.
🚫 A new trader's biggest enemy is not the market, but their emotions! Never chase highs or sell at lows; the market will always be there, and missing today doesn't mean it's over.
🚫 Don't buy coins based on feelings; there’s no bottom or top in the crypto world.
🚫 Never hold onto losing trades! Set stop-loss and take-profit for every trade; if you lose, adjust your strategy and re-enter, 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 dollar-cost averaging?
✅ Without a clear direction, if you only chase trends, you're destined to get cut.
2️⃣ Choose Your Coins: Don’t be greedy; focus on researching 2-3 coins thoroughly!
✅ New traders are advised to only trade a few top coins; don’t buy just because it’s trending.
3️⃣ Establish Your Position Management Strategy; don’t go all-in on contracts right away.
✅ For example, I keep 30% in contracts and 70% in spot trading, taking part of my weekly profits to invest in promising altcoins for the long term.
🔁Trading Suggestions: Four Methods Suitable for New Traders
🟢 Dollar-Cost Averaging (Best for Beginners)
Buy a small amount of top coins at a fixed time each week to smooth out costs over a longer period, reducing anxiety and avoiding chasing prices.
🟡 Buying Low and Selling High in Spot Trading
Use support/resistance levels for simple judgments; avoid contracts and leverage.
🔵 Light Day Trading Method
Combine candlestick analysis with news; enter and exit with small positions, focus on observation and less action, making money through understanding.
🔴 Simulated Trading Practice
Don’t use real money initially; practice your observation and operational logic to build a solid foundation before entering the market.
📚Final Reminder:
Don’t think you can get rich with just one or two trades. The ones who truly make money are those who have survived several bull markets!
