10 Tips for Doubling Small Capital in the Cryptocurrency Bull Market
1. Focus on 'waiting' rather than 'full investment' with small capital; with a principal of 200,000, aim for 30% gains on mainstream coins 2-3 times, and avoid being fully invested and trapped.
2. Practice not losing first; use a simulator to refine your mindset and avoid significant losses in real trading.
3. Beware of positive news traps; when good news is announced and the coin price surges, a high opening the next day may be a selling point.
4. It is advisable to reduce positions or go to cash before holidays; historical data shows over 70% probability of a decline in the week before holidays.
5. Always leave funds for medium to long-term operations; buy and sell in batches regardless of price increases or decreases.
6. For short-term trading, focus on momentum; follow when trading volume increases and patterns break out, and avoid easy operations during sideways, low-volume movements.
7. A sharp drop in volume might indicate the last decline; be cautious with slow, gradual declines.
8. Cut losses in a timely manner to avoid the illusion of 'waiting to break even'; a 50% loss requires a 100% gain to recover the principal.
9. For short-term trading, you can use the 15-minute KDJ indicator; buy on a golden cross and sell on a death cross, filtering false signals with trading volume.
10. Mastering 3-5 profit methods is sufficient for more stable profitability.