8 Core Tips for Cryptocurrency Newbies: First Stay Alive, Then Make Money! 💰
1. 3 Basics You Must Learn to Get Started, Avoid Detours 🚀
Core Concepts of Contract Trading
Perpetual Contracts (No Expiry) vs Delivery Contracts (Have Expiry), newbies should practice with perpetuals first!
Leverage ≠ Doubling: 10x leverage with 5% reverse loss results in a 50% loss, recommended to start with 5x.
Stop Loss Must Be Set: 5%-10% stop loss for each trade (e.g., with 8000 yuan capital, a single loss ≤ 800 yuan).
Choose the Right Platform
Only choose the top 3: Binance, OKX, Gate (small platforms have higher risks).
Fee Comparison: For spot trading, choose below 0.1%, for contracts, opt for low funding rates.
Iron Rule of Risk Management
No Resistance to Loss: Unconditional stop loss if floating loss exceeds 10%, preserving capital is most important!
2. Trading Strategy: Make Money on “Certainty” 📈
2 Rules for Trend Trading
Moving Average Judgment: If the 50-day line on the 4-hour chart > 100-day line > 200-day line, go long; otherwise, go short.
Indicator Assistance: Enter when MACD is above the 0 axis with a golden cross + RSI > 50, increasing win rate!
Wave Trading Maxim
Do Not Catch Falling Knives: Wait for 3 bullish candles to stabilize before buying.
Do Not Chase Highs: If it deviates from the moving average by 20%, do not chase, wait for a pullback.
3. Capital Management: 8000 Yuan Split Position Method (Practical Version) 💡
Leverage Usage
Newbies use 5-10x: With 8000 yuan capital, the maximum contract can be 80,000, reducing liquidation risk by half.
Handling Floating Profit: Take 20% profit when earning 20% (earning 1600 yuan, take 320 yuan), remaining for further trades.
Building Positions in Batches
First 40% (3200 yuan) for trial, stop loss at 5% drop (loss of 160 yuan).
Add 30% (2400 yuan) when breaking previous highs, keep 30% (2400 yuan) as a hedge against a crash.
4. 4 Steps for Real Combat (Taking BTC as an Example) 🎯
Choose Target: Only trade mainstream BTC/ETH (strong liquidity, strong downside protection).
Determine Trend: Bullish moving averages + MACD golden cross to go long, do not catch falling knives in bearish conditions.
Position Building Operation: 5x leverage, buy 26000 yuan BTC with 3200 yuan, stop loss at 25700 yuan (loss of 300 yuan), take profit at 28000 yuan (profit of 400 yuan).
Daily Risk Control: Check positions at closing (≤10x capital), adjust stop loss to protect profits.
5. Risk Control: 3 “Lifesaving” Lines ⚠️
Avoid 3 Types of Minefields:
Short-term Soaring Coins (Beware of Pumping), High Leverage (10x or more has high liquidation rate), Full Position Trading (Keep 30% Cash).
