Here are a few life-saving tips for beginners, based on my experiences gained from real trading losses:
If it helps even one person, it's worth it! I suggest liking and saving this so you can find it later.
1. Place trades after 9 PM During the day, news is too chaotic, with all kinds of false positives and negatives flying around, causing the market to fluctuate wildly, making it easy to get tricked into entering. I usually wait until after 9 PM to operate, when news has stabilized, and the candlestick patterns are cleaner, making the direction clearer.
2. Secure your profits immediately Don't always think about doubling your money! For instance, if you've made 1000 U today, I suggest you withdraw 300 U to your bank account right away and continue playing with the rest. I've seen too many people who think, "I made three times, so I want to make five times," only to lose everything on a single pullback.
3. Look at indicators, not feelings Don't trade based on feelings; that's just blind. 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 a breakout? At least two of the three indicators should give consistent signals before considering entering a trade.
4. Stop-loss must be flexible When you have time to monitor the market, if you've made a profit, manually adjust your stop-loss price upwards. For example, if your buying price is 1000 and it rises to 1100, raise your stop-loss to 1050 to secure your profit. However, if you need to go out and can't monitor the market, be sure to set a hard stop-loss at 3% to prevent being wiped out by sudden crashes.
5. Withdraw profits weekly Profits not withdrawn are just a numbers game! Every Friday, without fail, I transfer 30% of my profits to my bank account, and continue to roll over the rest. This way, over time, your account will keep growing.
6. There are tricks to reading candlesticks • For short-term trading, look at the 1-hour chart: if there are 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 it approaches the support level.
7. Avoid these pitfalls! • Don't use leverage over 50x • Avoid Dogecoin, Shitcoin, and other altcoins; they are easy to get wrecked by • Limit yourself to a maximum of 3 trades per day; too many can lead to losing control • Absolutely do not borrow money to trade cryptocurrencies
One last piece of advice for you: Trading cryptocurrencies is not gambling; treat it like a job, clock in and out at set times, and switch off when it's time to eat or sleep. You'll find—your profits may actually become more stable.
USUAL seems to be consolidating, paving the way for a potential bullish continuation pattern. If this trend continues, we could see prices pushed into the $1.9 range very soon. What makes USUAL special? It is a stablecoin that has decoupled from BTC and other altcoins, making it stand out in today's market. The window of opportunity for accumulation is still open—don't miss out!!!$USUAL
USUAL seems to be consolidating, paving the way for a potential bullish continuation pattern. If this trend continues, we could see prices pushed into the $1.9 range very soon. What makes USUAL special? It is a stablecoin that has decoupled from BTC and other altcoins, making it stand out in today's market. The window of opportunity for accumulation is still open—don't miss out!!!$USUAL
$USUAL Drop, the more it drops the more I add to my position. Too many people lack vision, no wonder they can't make money. It would be best if it drops below 0.8.
$USUAL It's time to bottom out, this is his support point. The dealer said to invest 1 million U to pull it up to 1.2 first, then continue pulling tomorrow.
It was a bit early, it reached 24, dropped to a minimum of 22, after closing I bought 1.5 billion floki, and it rose again, the previous sky to the lowest, held for 3 days, with a maximum loss of 35,000 u