After ten years of trading cryptocurrencies, by 2025, I expect my trading gains to reach eight figures. Now, when I go out, I must stay in a five-star hotel for around 3000 yuan, and my suitcase, hat, and wallet all bear crypto symbols! I have achieved time and financial freedom; yesterday I was in Sanya, today in Northeast China, and tomorrow in Paris. I want to share my ten years of wealth experience with everyone, hoping more people can realize their dreams and treat cryptocurrency trading as a job, clocking in and out every day.
In my early years of trading cryptocurrencies, I, like many others, stayed up all night monitoring the market, chasing prices up and down, and lost sleep over my losses. Later, I gritted my teeth and stuck to one simple method, and surprisingly, I survived and gradually began to stabilize my returns.
Looking back now, this method, although simple, works: “If I don't see the familiar signals, I will definitely not act!”
Better to miss a market opportunity than to place random orders.
With this strict rule, I can now stabilize my annual return rate at over 50%, and I no longer have to rely on luck to survive.
Here are a few safety tips for beginners, all from my real trading losses:
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1. Only trade after 9 PM.
During the day, the news is too chaotic, with all sorts of false positives and negatives flying around, making the market jump around erratically, which makes it easy to get tricked into entering trades.
I usually wait until after 9 PM to trade; by then, the news has stabilized, and the candlestick charts are cleaner, making the direction clearer.
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2. Immediately cash out profits.
Stop always thinking about doubling your money! For example, if you made a profit of 1000 U today, I suggest you immediately withdraw 300 U to your savings card and continue playing with the rest.
I've seen too many people who made three times their investment but wanted five times, only to lose everything on a single pullback.
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3. Look at indicators, not feelings.
Don't trade based on feelings; that’s blind gambling.
Install TradingView on your phone and check these indicators before trading:
• MACD: Is there a golden cross or death cross?
• RSI: Is there overbought or oversold?
• Bollinger Bands: Is there a contraction or breakout?
At least two out of the three indicators must give consistent signals before considering entering the market.
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4. Stop-loss must be flexible.
When I have time to monitor the market, if I make a profit, I manually adjust the stop-loss price upwards, for example, if the purchase price is 1000, and it rises to 1100, I move the stop-loss to 1050 to secure profits.
But if you need to go out and can't monitor the market, make sure to set a hard stop-loss at 3% to prevent being wiped out by sudden crashes.
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5. Must publish j every week.
Unwithdrawn profits are just a numbers game!
Every Friday, without fail, I transfer 30% of my profits to a savings card and continue to roll over the rest. This way, over the long term, my account will grow thicker.
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6. There are tricks to reading candlestick charts.
• For short-term trades, look at the 1-hour chart: if there are two consecutive bullish candles, consider going long.
• If the market is stagnant, switch to the 4-hour chart to find support lines: consider entering when the price approaches the support level.
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7. Never step into these traps!
• Leverage should not exceed 10 times; beginners should ideally keep it within 5 times.
• Don't touch Dogecoin, shitcoins, and other altcoins; it's easy to get wrecked.
• At most three trades per day; too many can lead to loss of control.
• Absolutely never borrow money to trade cryptocurrencies!!
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Here's a final piece of advice for you:
Trading cryptocurrencies is not gambling; treat it as a job, clock in and out daily, turn off the computer at the end of the day, eat and sleep properly, and you will find — surprisingly, your returns become more stable.
You might as well 【check the homepage】 to get the latest information and trading skills in the crypto world.