Share cryptocurrency trading insights, beginners can steadily get started!
I have been in the market for 8 years, from anxiety and insomnia to stable profits,
all thanks to sticking to one strategy:
If I don't see familiar signals, I firmly hold back,
I'd rather miss out than open a position blindly.
With this, my annual return rate remains stable at over 50%.
Here are a few practical suggestions for beginners: 1. Suggested trading time is after 9 PM:
During the day, various messages are complex, and price fluctuations are intense and hard to discern,
nighttime market trends are clearer, and trend judgments are more precise. 2. Principle of profit-taking: take profits promptly:
For example, when making a profit of 1000U, withdraw 300U to the bank card first,
then continue to operate with the remaining funds, refusing to be greedy and blindly pursue doubling,
I've seen too many people make profits without stop-losses, ultimately losing their principal. 3. Indicator judgment logic: focus on indicators rather than intuition:
Install the TradingView tool on your phone,
before opening a position, check for MACD golden cross/death cross signals, RSI overbought/oversold status,
only operate when at least two indicator signals are consistent. 4. Flexible stop-loss management: adjust stop-loss flexibly when monitoring:
After making a profit, manually move up the stop-loss position (e.g., from 1000U to 1100U),
avoid mechanical stop-losses; when going out, set a 3% hard stop-loss,
to guard against sudden attacks from market manipulators. 5. Profit withdrawal rules: withdraw profits regularly each week:
Profits not withdrawn will ultimately just be numbers!
Withdraw 30% of profits to the bank card every Friday, and roll the remaining funds for trading. 6. K-line analysis skills: focus on the 1-hour chart for short-term trading:
If the price rises for two consecutive hours, you can try to go long;
if it encounters sideways consolidation, switch to the 4-hour chart to identify support levels,
enter the market when it drops near the support line. Pitfall warnings: ❌ Keep leverage within 10 times (beginners are advised to stay below 5 times)
❌ Stay away from altcoins (like Dogecoin, etc.)
❌ Limit contract operations to no more than 3 times a day, frequent operations can lead to emotional trading
❌ Absolutely no borrowing to enter the market!
Remember: trading is not gambling, set fixed trading hours,
close positions on time, maintain a regular schedule, and wealth will accumulate more steadily.
If you are still opening positions based on feelings, stubbornly holding losses, and don't know how to roll over positions, you will eventually be harvested by the market! Follow @加密楚门 Crypto Truman, true winners are always one step ahead!
