Ordinary people want to turn their fortunes around, the cryptocurrency market may be the last ticket

I have been in the cryptocurrency market for ten years, my account has grown from four digits to nine digits. I can't say I have achieved legendary status, but it has indeed changed my destiny.

If you think you have no background or connections, you might as well treat the cryptocurrency market as an 'open-book exam' and seriously copy the homework below:

Only trade mainstream coins with large positions, don't touch contracts.

After entering, pull up the K-line chart to the annual line. As long as the four-hour closing price does not fall below the 20-day moving average, sleep peacefully. A sharp decline is just three things:

a) Contract explosion - the cries of leveraged traders have nothing to do with you;

b) Demand pullback - after a big rise, you have to squat down to tie your shoelaces;

c) The dealer washing the leeks - scaring away those who chase high prices allows a light-armed approach.

Remember to exit profitable trades in advance, sell in three batches at high positions: the first batch to break even, the second batch to double, and the third batch to leave it to chance, as profit only counts when it's in your pocket.

Set limit orders for the 5-day, 10-day, and 30-day moving averages at the daily level, and wait for low-priced chips to hook themselves like fishing.

The lifeline (I usually use the 120-day moving average) if it effectively breaks down, and the rebound does not return, reduce your position by half; if it comes back up, pick it back up - date the trend, don't marry it.

When the price surges, consider yourself a short seller; when it plummets, consider yourself a long buyer. When others FOMO, you sell in batches; when others panic, you buy slowly.

Set stop-losses for any bottom fishing, a stop-loss is not admitting defeat, it's leaving yourself a chance to pull the trigger again.

If you can't understand the direction, stay in cash; the cryptocurrency market is not short of opportunities, but it lacks people who are alive to see those opportunities.

Newcomers should practice with pocket money, scrape the four words 'want to win but fear losing' from their minds before talking about making money.

The market always rewards those who are patient. Like and follow @小花生说币 and together we will turn our accounts around in the next bull market. #比特币流动性危机 #ETH巨鲸增持