Must-See for Cryptocurrency Trading! 3 "Foolproof Methods" with a 99% Win Rate
In the volatile cryptocurrency market, do you want to earn steadily? Remember these three "don’ts" that seem simple but can help you avoid 90% of the pitfalls:
1. Don’t look at market comments after placing an order
In the cryptocurrency world, there are always two kinds of voices: some shout 'up', and others shout 'down'.
Why? The law of the market is that for someone to profit, someone else must lose; it's impossible to have a unified opinion.
What to do? Close the comment section after placing your order! Others' views will shake your judgment: bullish comments can make you blindly confident, bearish comments can make you panic sell, ultimately turning you into a 'buy high, sell low' victim.
Key: Your trading logic should depend solely on your own analysis; don't let others' opinions interfere with your decision-making.
2. Always set a stop-loss before placing an order; don’t hold on to a losing position
Investing carries risks; there is no 100% correct order.
How important is stop-loss? For example, if you buy cryptocurrency for $10,000 and set a stop-loss at $9,500: sell if it drops below that, limiting your loss to $500; if you don’t set a stop-loss, and it drops to $9,000, you lose $1,000, and if it drops to $8,000, you lose $2,000… the more you hold, the more you lose.
Don’t do something foolish: locking a losing position = putting yourself in chains; it seems like you’re locking in losses, but in reality, it increases the difficulty of exiting and you still have to pay double fees.
Key: Stop-loss is the shield that protects your capital; it’s not about accepting losses, but about preparing for the next battle.
3. Don't add to a losing position; wait for the next opportunity
Many people like to "buy more as the price drops" to average down costs, but often end up getting stuck halfway.
Counterexample: Buy cryptocurrency for $100, add to the position when it drops to $90, add more when it drops to $80… the stop-loss level keeps moving down, and in the end, your position gets heavier, with losses far exceeding your acceptable range.
Correct approach: When the direction is wrong, first acknowledge your mistake, close the position, and exit. There are opportunities in the market every day; there’s no need to stubbornly hold onto a losing position.
Key: Adding to a losing position is not a cure-all; if you're wrong, stop; don't cover up a new mistake with an old one.
Final reminder: Discipline > Skill
The core of these three "foolproof methods" is — adhere to trading discipline and overcome human weaknesses:
✅ Don’t let others' comments disrupt your mindset
✅ Don't hold onto a position with a lucky mindset
✅ Don’t impulsively average down and increase risk
Remember: Making money in the cryptocurrency market doesn’t rely on high-level skills, but on not doing foolish things. Embed these three points into your trading habits, and your win rate will naturally improve. Try it now: before placing your next order, write down your stop-loss!