I used the dumbest retail trading method for cryptocurrencies, and my win rate is close to 100%! (A must-read for all cryptocurrency traders)

1. Low leverage + light positions, don’t risk your life

Newbies should use 3-5x leverage, and even experienced traders shouldn’t recklessly use leverage above 10x.

Keep your position under 20-30% of total capital so that when a big market move comes, you won’t get wiped out in an instant.

2. Set stop losses, don’t hold onto losing trades, and run when you’re wrong

Not setting a stop loss = waiting to die. You need to think about your exit before entering a trade; generally, set stop losses within 3-5% of your entry price.

If you’re wrong, admit defeat; holding onto losing trades will only worsen your losses, leading to a total liquidation.

3. Keep a close eye on the liquidation price, don’t let the system harvest you

Contracts have a liquidation price; being too close to that price is like handing your fate over to the market.

If you have enough funds, supplement your margin appropriately, but don’t mindlessly increase your position, or it will accelerate the explosion.

4. Don’t get emotional when losing, don’t impulsively increase your position

Trying to recover losses will 99% of the time lead to even worse losses.

Go with the trend, don’t force trades in volatile or one-sided markets; increasing your position against the trend is basically giving away your money.

5. Spot + contracts, learn to hedge

If you hold BTC or ETH long-term, consider opening hedge positions:

Holding BTC and expecting a short-term decline? Open a short hedge to reduce losses.

Holding ETH and wanting to earn more? Make modest long trades, but keep your position small, and leverage stable.

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