Remember the method I gave for trading coins, beginners happily welcome the Cullinan!
I have been trading coins for 8 years, from losing sleep to now making stable profits,
all thanks to sticking to a simple method:
I resolutely do not act if the market does not show signals I am familiar with,
I would rather miss out than make random trades.
With this approach, my annual return rate can stabilize at over 50%.
Here are a few life-saving tips for beginners: #币安Alpha上新
Make trades only after 9 PM: During the day, various false messages fly around,
prices jump around like they have a mind of their own, the market trends at night are cleaner,
easier to see the direction. Cash out quickly after making money:
For example, if you earn 1000U, withdraw 300U to your bank card,
then continue playing with the rest, don’t always think about doubling,
I have seen too many people earn and not stop, only to end up losing everything.
Look at indicators, not feelings: Install TradingView on your phone,
before making trades, first check if there are MACD golden crosses or death crosses, and if RSI is overbought or oversold,
at least two of the three indicators need to show consistent signals before taking action.
Be flexible with stop-losses: When you have time to monitor the market,
if you are in profit, manually move the stop-loss price up (for example from 1000 to 1100)
don’t let the system automatically stop-loss. But if you have to go out
make sure to set a hard stop-loss of 3% to guard against sudden market dumps by big players.
Must withdraw profits weekly: No matter how much money you make, if you don’t withdraw it, it’s just numbers!
Every Friday, without fail, I transfer 30% of my profits to my bank card, and only then do I continue to roll the remaining money.
There are tricks to reading K-lines: For short trading, focus on the 1-hour chart,
if the price keeps surging for two consecutive hours, go long; if it’s stagnant,
switch to the 4-hour chart to find support levels, and enter when it drops near the support line.
Avoid these pitfalls: #美国加征关税
Don’t use leverage over 10 times (beginners are advised to stay within 5 times)
Don’t touch coins like Dogecoin and other altcoins, at most make 3 trades a day,
over-trading can lead to emotional decisions, absolutely don’t borrow money to trade coins!
Remember: trading coins is not gambling; treat it like a job, clock in at the right time and turn off the machine,
make sure to eat and sleep properly, money will come more steadily.
If you’re confused about the market, follow me for strategies to guide you back to success.