Position management: Don't put all your eggs in one basket
Diversification strategy: Divide your money into 5 parts, only spend 1 part to buy coins each time (for example, if you have 100,000, only spend 20,000 at a time).
Stop-loss rule: If you buy wrong, admit it, sell if it drops by 10% (if you lose 2,000 on a 20,000 investment, stop-loss), at most make 5 mistakes (total loss of 10,000), don’t hold on stubbornly!
Take-profit rule: You can sell if you earn over 10%, don’t be greedy (for example, if it rises by 15%, take the profit).
Key to profit: Follow the trend, don’t go against it.
Upward trend: When the coin price rises, a pullback is an opportunity (for example, if it drops from 100 to 80, it might rise back to 120, consider buying low).
Downward trend: When the coin price falls, any rebound is likely a trap (for example, if it drops from 100 to 50, and rebounds to 60, it may continue to fall, don’t try to catch the bottom).
Conclusion: Buy only when the coin price is going up, observe when it is going down, don’t go against the trend!
Avoid pitfalls: Stay away from coins that surge in the short term.
Short-term surging coins: For example, coins that multiply in value over a few days (whether mainstream or altcoins), after rising, they can easily plummet (like a balloon that’s inflated too much can pop).
Investment suggestion: Only choose coins that rise slowly, avoid 'meme coins', sell quickly when it stops rising at high levels (for example, when it consolidates without rising and volume increases, it will definitely fall).
Indicator tool: Use MACD for simple buy/sell judgments.
Buy signal: The two lines of MACD (DIF and DEA) cross upwards below the 0 axis and break through the 0 axis, indicating it might rise.
Sell signal: The two lines cross downwards above the 0 axis, indicating it might fall, reduce or clear your position.
Major taboo in adding positions: Don’t add to a losing position, consider adding when you are making a profit.
Incorrect strategy: Adding to a position when the coin falls (for example, buying at 100, adding at 80, and again at 60, getting deeper into the loss).
Correct strategy: When you have bought correctly and are making a profit, you can add to your position (for example, if it rises by 10%, and you confirm it will continue rising, add a little), but don’t add too much!
Trading volume: Look at the volume-price correlation to determine rise or fall.
Volume increase at low levels: When the coin price consolidates at a low level and suddenly increases in volume, it may start to rise (for example, breaking through after consolidating for half a year, pay attention).
High volume stagnation at high levels: When the coin price is high with very large trading volume but not rising, sell quickly (the main force is unloading, if you don’t run now, you’ll get trapped).
Final reminder
High risk: Trading coins is highly volatile, you could get rich or incur huge losses, only use spare money, don’t borrow!
Don’t be greedy: Earning 70% a month is an extreme case (might involve leverage), ordinary people shouldn’t expect that, a steady 30%-50% profit is already good.
Go with the trend: The market is always right, if you’re wrong, stop-loss, don’t hold on stubbornly!#加密市场回调 #币安Alpha上新 #交易类型入门