In the crypto space, 5000 yuan is about 700 US dollars! Recommended optimal strategy: use 100 US dollars per contract, target hot coins, and set profit-taking and stop-loss at 100 to gain 200, 200 to 400, and 400 to 800. Remember, a maximum of three times! Because trading requires some luck, it's easy to win nine times and lose once with this approach! If you pass three rounds with 100, your capital will reach 1400 US dollars! At this point, you need to solidify your gains.
In-depth Research: Spend time researching and understanding the cryptocurrency market, focusing on the fundamentals, technology, team, and market trends of projects. Understand the risks and potential of different projects.
Diversified Investment: Spread your investment across multiple promising cryptocurrency projects to reduce the risk of individual investments. Choose projects with long-term growth potential and solid fundamentals.
Long-term Holding: Consider adopting a long-term investment strategy by holding tokens of quality projects and believing in their long-term appreciation potential. The cryptocurrency market is highly volatile, requiring patience and a long-term perspective.
Use Leverage Cautiously: If you choose to use leverage trading, ensure you fully understand the risks of leveraged trading and manage the leverage ratio appropriately.
Active Trading: Actively participate in trading and capture market fluctuations. Understand technical analysis tools and indicators, learn trading strategies, but be mindful of market risks and volatility.
Continuous Learning and Adaptation: The cryptocurrency market changes rapidly, so it's essential to keep learning about the industry and market, and to flexibly adjust investment strategies based on market conditions.
Risk Management: Ensure that appropriate risk management strategies are in place, including setting profit-taking and stop-loss levels, managing position sizes wisely, and maintaining sufficient cash flow. At this time, it's advisable to use a three-pronged strategy to engage in two types of trades in one day: ultra-short trades and strategic trades. If an opportunity arises, then proceed with trend trades. Ultra-short trades are for quick strikes, operating on a 15-minute timeframe, with future operations resembling successful past strategies.
Practical Techniques for Trading Coins: Steady and solid strategies to win in the market.
After years of struggling in the crypto space, I've tried countless trading methods, most of which look good but are useless. However, there's one method that not only helped me achieve consistent profits but also allowed me to establish myself in the crypto world, and I still use it. Don't think this method is too difficult; I'm just an ordinary person. If I can make money with it, you definitely can too. The reason others can't make money is often because they haven't discovered this simple and effective method. Mastering it and earning an additional 3%-10% daily is not a dream.
Now let me explain in detail:
Screening Potential Coins: Identify coins that have appeared on the top gainers list within 11 days, while excluding those that have dropped for more than three consecutive days. These coins may have been abandoned by investors and carry high risk.
Monthly Screening: Open the monthly candlestick charts for these coins and retain those with MACD golden crosses. A monthly MACD golden cross indicates significant long-term upward potential.
Precise Entry on Daily Chart: Switch to the daily chart and focus on the 60-day moving average. When the coin price pulls back near the 60-day moving average and a large-volume candlestick appears, it's a good time to buy heavily, indicating strong buying support and potential for an upward trend.
Operating Based on Moving Averages: After buying, use the 60-day moving average as a reference. If the coin price is above the moving average, hold confidently; if it drops below, sell immediately.
Operations are divided into three key points: When the coin price rises by 30%, sell one-third of your position to lock in some profit. When it rises to 50%, sell another third to further secure your gains. Particularly important: if the price drops below the 60-day moving average the day after buying, sell everything regardless of the situation. While this scenario is rare, preserving capital is paramount. Of course, if the price meets the buying conditions again later, you can buy again. The key to this method is to identify trends and strictly adhere to trading discipline.
Many people don't lack understanding of methods, but struggle to execute decisively. The crypto space is fast-changing, so one cannot be rigid; learn to respond flexibly. The trends of the overall market and individual coins may not be the same. Trading coins is not just a competition with the market but also a battle with one's own nature. Sometimes what seems like risk is actually opportunity; what appears to be opportunity can be a trap. Only by maintaining rationality and strictly following strategies can one continuously profit in crypto.
