When I first started trading cryptocurrencies, I stayed up late every day, watching the market, chasing highs and cutting losses, losing sleep over my losses. Later, I stuck to a simple method, and surprisingly, I survived and slowly started to stabilize my profits.
Looking back now, this method, although simple, is effective: "If I don’t see the signals I’m familiar with, I absolutely won’t move!"
I would rather miss out on the market than place random orders.
With this iron rule, I can now maintain a stable annual return of over 70%, and I no longer have to rely on luck to survive.
Here are a few life-saving tips for beginners, all based on my real trading experiences:
1. Do trades after 9 PM
During the day, messages are too chaotic, with all kinds of false good and bad news flying around; the market fluctuates wildly like a seizure, making it easy to be tricked into entering.
I usually wait until after 9 PM to operate, as the news is generally stabilized by then, the K-line is cleaner, and the direction is clearer.
2. Look at indicators, not feelings
Don't trade based on feelings
Before trading, check these indicators:
• 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 of the three indicators must give consistent signals before considering entry.
4. Stop loss: Dignity is more important than money
⛔️ "Cut losses immediately if the direction is wrong; hesitate for a second and lose 10%!"
• Fixed stop-loss method: 3% of capital is the red line
• Dynamic stop-loss method: After a 50% profit, a 20% retracement must be exited
5. Withdraw funds on time every week
For example, if you earned 5000 U this week, don't always think about doubling it! I suggest you withdraw 1500 U to your bank account immediately and continue playing with the rest.
I've seen too many people who 'made 3-5 times' their investment, only to lose it all in a single pullback. Continue to roll over the remaining funds. Over time, this way, the account will grow thicker.
6. There are tips for reading K-lines
• For short-term trading, look at the 1-hour chart: If the price has two consecutive bullish candles, consider going long. #Bitcoin and US tariff policy
• If the market is stagnant, switch to the 4-hour chart to find support lines: Only consider entering when the price drops near the support level.#美国加征关税 $BTC