In the second half of 2024, I probably made 15 million by trading Bitcoin. My capital multiplied by 50 times, and if it weren't for two instances where I withdrew funds to buy a house, it should have been 85 times. Today, I will share some valuable insights. This experience is worth 60 million, and I hope it can help you.

1. Trade after 9 PM

During the day, the news is too chaotic with various fake good news and bad news flying around, causing the market to swing wildly, making it easy to get tricked into entering.

I generally wait until after 9 PM to operate; by then, the news stabilizes, and the K-line is cleaner, showing a clearer direction.

2. Look at indicators, not feelings

Don't trade based on feelings; that's just blind guessing.

Install TradingView on your phone and check these indicators before trading:

• MACD: Is there a golden cross or death cross?

• RSI: Is it overbought or oversold?

• Bollinger Bands: Is there a squeeze or a breakout?

At least two of the three indicators should give consistent signals before considering entering.

3. There are tricks to reading K-lines

• For short-term trading, look at the 1-hour chart: If there are two consecutive bullish candles, consider going long.

• If the market is stagnant, switch to the 4-hour chart to find support lines: Only consider entering when it approaches the support level.

4. Stop loss must be flexible

When you have time to monitor the market, if you make a profit, manually adjust the stop loss price upwards. For example, if the purchase price is 1000 and it rises to 1100, raise the stop loss to 1050 to secure the profit.

But if you have to go out and can't monitor, definitely set a hard stop loss at 3% to prevent being wiped out by sudden drops.

5. Never step into these traps!

• Don't use leverage over 10 times; beginners should keep it under 5 times.

• Avoid coins like Dogecoin and Shitcoin; they are easily manipulated.

• Only make a maximum of 3 trades a day; too many can lead to losing control.

• Absolutely do not borrow money to trade cryptocurrencies!!

If you are also a tech enthusiast and are diligently studying technical operations in the crypto space, consider following Guang Ge; you will gain the latest crypto intelligence and trading skills.