Treat trading cryptocurrencies as a job, and clock in and out on time ———
In the early years of trading, like many others, I stayed up late every day watching the market, chasing highs and cutting losses, losing sleep over losses. Later, I gritted my teeth and persisted with one simple method, and surprisingly, I survived and slowly began to stabilize my profits.
Looking back now, this method, although simple, was effective: 'If the familiar signals do not appear, I will not act!'
It's better to miss a trade than to make random orders. —
With this ironclad rule, I now consistently earn over 50% annually, and I no longer have to rely on luck to survive. ——————
Here are a few life-saving tips for beginners, all based on my own experience of losses:
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1. Only trade after 9 PM —————
During the day, the news is too chaotic, with all kinds of false good news and bad news flying around, causing the market to jump up and down like it's having a fit, making it easy to get tricked into the market.
I usually wait until after 9 PM to operate, when the news is basically stable, and the K-lines are cleaner, making the direction clearer.
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2. Take profits immediately —————
Don't always think about doubling your money! For example, if you made 1000 USDT today, I suggest you withdraw 300 USDT to your bank card immediately, and continue playing with the rest.
I've seen too many people who 'made three times but still wanted five times', only to lose everything in a pullback. ——————
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3. Look at indicators, not feelings
Don't trade based on feelings; that's just gambling.
Install TradingView on your phone and check these indicators before trading:
• MACD: Is there a golden cross or death cross ————
• RSI: Is it overbought or oversold ————
• Bollinger Bands: Is there a squeeze or breakout ————
At least two of the three indicators must give consistent signals before considering entering the market.
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4. Stop-loss must be flexible
When you have time to watch the market, if you make a profit, manually move your stop-loss up; for example, if your entry price is 1000 and it rises to 1100, move your stop-loss to 1050 to secure profits.
But if you need to go out and can't watch the market, you must set a hard stop-loss of 3% to prevent being wiped out by a sudden crash.
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5. You must withdraw profits every week#BTC重返12万
Profits that aren't withdrawn are just a numbers game! —————
Every Friday without fail, I transfer 30% of my profits to my bank card, and continue rolling the rest. Over time, this will thicken your account.#机构疯抢以太坊
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6. There are tricks to reading K-lines ——————
• For short-term trading, look at the 1-hour chart: if the price has two consecutive bullish candles, consider going long. ——————
• If the market is stagnant, switch to the 4-hour chart to find support lines: consider entering when the price approaches the support level. —————
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7. Never fall into these traps! ———
• Don't use leverage greater than 10 times; beginners should keep it within 5 times ———
• Avoid Dogecoin, Shitcoin, and other altcoins; they are easy to get wrecked ———
Here's a final piece of advice for you: —————
Trading cryptocurrencies is not gambling. Treat it like a job; work your hours, shut down when it's time, eat when you should, sleep when you should, and you'll find — your money actually grows more steadily.#ETH突破4600
