In the crypto world, is your mindset stable?
In the crypto world, a stable mindset is the key! No matter how the market changes, you must control your hands. Many people don't lose in the crash, but lose when they just see a glimmer of hope.
Check if you have fallen into these 3 sure-loss 'curses':
1️⃣ Overly euphoric when prices rise
Yesterday you were cursing during the crash, and today you go all in with a rebound, thinking the bull market has returned. Are you trading or just venting your emotions?
2️⃣ Holding on till the end
When you're down 200U, you refuse to cut losses, holding on until it's down 2000U still waiting for a rebound. In the end, your account didn't blow up, but your mindset did.
3️⃣ Leverage gambling addiction
You think 10x leverage isn't enough, and you have to go for 50x for excitement? A slight market fluctuation and you’re done for.
How do real money-making experts operate? Here's the five-step trend sniping method:
Step 1️⃣: Look for golden crosses
Only consider going long when the 4-hour EMA21 slope exceeds 30°, don’t chase those false breakouts.
Step 2️⃣: Monitor MACD hidden signals
Golden crosses are for beginners; experts watch the histogram. The histogram turning red after shrinking three times has a higher accuracy rate.
Step 3️⃣: Set a three-dimensional stop loss
It's not enough to just set a simple stop loss; you need three-dimensional protection: 1.5% hard stop loss, soft stop loss at the previous low, and close the position if it doesn't return to positive floating profit within 90 minutes.
