#交易类型入门 Treat trading cryptocurrencies like a job, clock in and out on time every day. At the beginning of my years trading cryptocurrencies, like many others, I stayed up late watching the market, chasing profits and cutting losses, losing sleep over my losses. Later, I gritted my teeth and stuck to a simple method, achieving stable profits. Here are a few safety tips for beginners, all based on my experience of losses in real trading:
⸻ 1. Place orders after 9 PM. Daytime news is too chaotic, with all sorts of false positives and negatives flying around, causing the market to fluctuate wildly, making it easy to get tricked into entering. I generally wait until after 9 PM to make my trades; by then, the news is mostly stable, and the candlestick chart is cleaner, with clearer direction.
⸻ 2. Take profit immediately when you earn. Don’t always think about doubling your money! For example, if you made 1000 U today, I suggest you withdraw 300 U to your bank card immediately and continue playing with the rest. I've seen too many people who made three times their investment and then wanted to make five times, only to lose everything in a pullback. ⸻ 3. Look at indicators, not feelings. Don’t trade based on gut feelings; that's just blind luck. 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 a consistent signal before considering entry.
⸻ 4. Stop-loss must be flexible. When you have time to monitor the market and you make a profit, manually raise the stop-loss price. For example, if your buy-in price is 1000 and it rises to 1100, move the stop-loss up to 1050 to secure your profits. But if you need to go out and cannot monitor, set a hard stop-loss at 3% to prevent a sudden market crash from wiping you out.
⸻ 5. Have a plan for withdrawing profits; any money not withdrawn is just a numbers game!
⸻ 6. There are tricks to reading candlesticks. • For short-term trading, look at the 1-hour chart: if there are two consecutive bullish candles, you can consider going long. If the market is stagnant, switch to the 4-hour chart to find support lines: consider entering when it approaches the support level.
⸻ 7. Never fall into these traps! Don’t use high leverage with large positions, and avoid cryptocurrencies that you don’t understand, as they can easily lead to losses. • Only make a maximum of 3 trades a day; too many can lead to losing control. • Absolutely do not borrow money to trade cryptocurrencies!! ⸻ A final piece of advice for you: Trading cryptocurrencies is not gambling. Treat it like a job, clock in and out on time, shut down when it’s time, eat when you should, and sleep when you should. You’ll find that you actually earn more steadily.