I only use the simplest method to trade cryptocurrencies, and as a result, I earn the most steadily! My account is full!!!
With this "simple method," I grew from 1600U to 4.1WU
Many people think it's slow, tedious, and not aggressive enough
The simplest method is:
Small position to follow the trend + add to position only when in profit + roll profits into the next trade
In short, there are three rules:
1. Small position to take the first shot
I never go all in; when the direction is unclear, I stay out of the market
I use only up to 15% for trial and error, and only enter the next step when the direction is clear
While others gamble their lives on the market, I rely on logic + time to increase my win rate
2. Add to position only when in profit
Only when profits exceed +10%, do I use the "earned money" to enter the second position
The principal remains unchanged, and drawdowns do not affect the account
I rely on profits to make the next wave, steady, really steady
3. Take profits and roll into the next trade
When reaching the target, take 40%-50% profits,
lock in profits, and leave some to push to the next round
The rhythm of the account connects one link to another, making it more comfortable to trade
Why are many people unwilling to learn this "simple method"?
Because this method requires patience, no greed, and remembering the rules
But I ask you:
No matter how skilled you are, if you blow up your account, is it meaningful?
My approach of being "slow but steady, simple but systematic"
is what most people should really learn
90% of people in the cryptocurrency market blow up because they are too smart;
while I earn steadily using the most "simple" way, slowly turning my profits.
