Secondary Spot Trading -
The core strategy often mentioned in the primary market, 'double your capital and let the rest ride,' is essentially the net profit coin strategy.
Applied to secondary spot trading, you can set a monetary limit for a single cryptocurrency. For example, for a position in an altcoin, you might allocate between 100-500 USD. Cast a wide net; if you hit one coin, the losses from the others can be covered.
Choosing coins. Determine the current cycle point - bull market phase. Filter out market noise, return to candlestick charts, find relatively low points, and place right-side trigger orders to enter the market. Taking 100 USD as an example, after entering with coin A, assume a 10% stop loss, leaving you with 90 USD of capital. If coin A triggers the entry price again, only use this 90 USD to enter without increasing your position, keeping the risk relatively manageable.
During the process, if you have a coin that has doubled, you can sell half to recoup your capital. The remaining coins are the rewards from the market. After recovering your capital, you will find your mindset towards this coin has changed; the price fluctuations no longer matter. If it rises, you earn more; if it falls, you earn less. To make money in the crypto world, the first thing to think about is how to survive.
Entry and exit logic. X-axis - time, Y-axis - space; the coordinate where both intersect is the exit point. Of course, the candlestick chart will not perfectly satisfy both conditions simultaneously. It may be that the price reaches the point first, or time reaches it first; whoever gets there first, leaves first.