$ETH $BTC
plan for long term beginners traders
Great! You’re a beginner-level, long-term crypto trader — this is a good start because long-term strategies with fewer trades are more effective and reduce emotional stress.
Here’s a personal trading plan, journal template, and backtesting guide for you:
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1. Your Trading Plan (Crypto - Long-Term - Beginner)
Goal:
Invest in solid, fundamentally strong coins like Bitcoin, Ethereum, Solana.
Focus on a 6–12 month period or longer.
Entry/Exit Conditions:
Entry:
Buy during general market correction or crypto winter (bear market).
From a technical view: when the price falls below the 200-day moving average.
Exit:
When price valuation becomes too high (e.g., BTC becomes 2x above previous ATH).
Or if the project's fundamentals deteriorate (e.g., security issues or the team abandons it).
Risk Management:
Allocate only 5–10% of your total portfolio to crypto.
Don’t invest more than 25% in a single coin.
Use Dollar-Cost Averaging (DCA) — don’t invest a large amount all at once.
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2. Trade Journal Template (Simple Table)
Date Coin Entry Price Amount Reason Exit Price Result Notes
2025/05/18 BTC $60,000 0.05 BTC Below 200DMA - - For long-term holding
How to use it:
Record every trade.
Write down entry and exit reasons.
Review later to see what works and what doesn’t.
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3. Strategy Backtesting – Simple Guide
Goal: See what the results would be if you had used this strategy a few years ago.
Tool: Use https://www.tradingview.com
Steps:
2. Use the "replay" tool.
3. Each time the price falls below the 200DMA, assume a “buy.”
4. Watch what happens afterward.
