I use the dumbest method for trading cryptocurrencies, with a win rate close to 100%! (A must-read for beginners)
First tip: Diversify your funds
Taking 3000 as an example, split it into ten parts, each part 300.
Focus on cryptocurrencies with a daily trading volume exceeding 100 million.
Remember three iron rules:
① Withdraw immediately after making 20%, don’t be greedy;
② Cut losses directly at 10%, protect your capital;
③ Do not hold more than 5% of your total position in a single coin.
After going through five cycles, consider upgrading when your capital reaches 10,000 U.
Don’t follow the rookie trend of going all in; surviving is the hard truth.
If your capital halves once, you need to double it to break even.
Second tip: Look at indicators, not feelings
Don’t make trades based on feelings.
Before trading, check these indicators: #Trump pressures Powell
• MACD: Is there a golden cross or death cross?
• RSI: Is there overbought or oversold?
• Bollinger Bands: Is there a squeeze or a breakout?
At least two out of three indicators should give a consistent signal before considering entry.
4. Stop-loss: Dignity is more important than money
⛔️ “Cut immediately if the direction is wrong; hesitating for a second results in a 10% loss.”
• Fixed stop-loss method: 3% of capital is the red line.
• Dynamic stop-loss method: After a 50% profit, must exit on a 20% pullback.
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