I have been trading cryptocurrencies for 9 years, from margin calls to sleep deprivation to stable guaranteed profits now. This is a gift to all the newcomers who are still struggling in the crypto circle. It is not a call to action, but a life-saving manual.

Because I understand that in the cryptocurrency world, only those who can survive are qualified to talk about making money.

By sticking to this point, my annual rate of return can now be stabilized at over 50%, not by all-in or gambling on the market, but only by recognizing the trend and sticking to discipline.

This article is dedicated to all the newbies who are still struggling in the cryptocurrency circle. It is not a call to action, but a life-saving manual.

1. Only trade after 9pm

Stop wasting time during the day.

During the day, news was flying everywhere, bears and bulls were rushing around, and prices fluctuated like cramps.

Truly clean market conditions with clear trends often appear after 9 p.m.

Especially during the period of handover between the European and American markets, once the direction is clear, things tend to go more smoothly.

2. After making money, the first thing to do is to pocket it

The biggest problem in the cryptocurrency world is not that people can’t make money, but that they don’t keep making money.

Whenever I have an extra 1,000U in my account, I immediately withdraw 400U to my bank card and keep the rest. Why?

Because the money withdrawn is real, and the money in the account is just numbers.

Too many people want to double their money after earning 10,000U, but end up with a wave of pullbacks and lose even their principal.

3. Look at the K-line, not the feeling

The worst thing about cryptocurrency trading is relying on “feelings”, as that can be fatal.

My suggestion: install TradingView on your mobile phone and look at the three indicators: MACD, RSI, and Bollinger Bands.

At least two signals must be consistent before opening an order

Don't look at short cycles like five minutes. Look at the 1-hour chart for short-term trading and the 4-hour chart for trends.

For example, if I am long ETH, I will follow up only if it is above the middle line for two consecutive hours;

If it goes sideways, see if there is any support point on the 4-hour chart, and then enter the market when it reaches near the support point.

4. Stop loss must be flexible

Many people place mechanical orders when they set stop loss, and their orders are knocked out as soon as the market makers clean up the market.

I'll say two ways:

When you have time to watch the market, dynamically raise the stop loss (for example, if you open at 1000 and it rises to 1100, raise the stop loss to 1050)

When you are out and have no time to watch the market, just set a 3% hard stop loss to prevent the market maker from crashing the market

Stop loss is not a shame, but a passport to survival.

5. Withdrawal must be made once a week

This was my earliest habit.

Every Friday, 30% of the profits will be withdrawn without fail.

No matter how much you earn, first transfer the money from your account to your bank card, and then talk about rolling over your positions. If you stick to this action for 3 months, you will find that you have finally jumped out of the endless cycle of repeatedly returning to zero.

6. Remember these taboos

The leverage should not exceed 10 times. It is best for beginners to control it within 3 to 5 times.

The maximum number of contracts per day is 3. If you trade too much, you may get carried away.

Stay away from Dogecoin, Shitcoin, and Memecoin, they are all high volatility + low value dealer games

Never borrow money to trade cryptocurrencies, even if you think you can win this time.

And the most important point:

Cryptocurrency trading is not a gamble with your life, it is a profession.

You have to have the rhythm of an office worker: check the market at a certain time, shut down the computer at a certain time, leave when you make a profit, and stop when you lose money.

Don't stay up late, don't chase rising prices, and don't fantasize about pie in the sky.

If you really do this for three months, you will find that making stable money is more important than getting rich quickly.

It’s not that you can’t make money, it’s just that you haven’t learned how to hold on to the profits while alive.

Remember this logic, the next Cullinan may be parked downstairs from your house.

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