币珍香

Top Five Self-Risk Management Tips for Cryptocurrency Secondary Market Traders

On the one hand, writing this post is to summarize and alert myself. On the other hand, I hope that sharing it can give some inspiration to many newcomers who have just joined.

The five major risk management are: fund management, position management, opportunity management, message management, and mentality management.

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1. Fund management:

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1. Fund allocation: leave yourself a way out

It is recommended that you use half of your available liquidity for trading and speculation, and keep half of the funds for real life. Stud will only turn you into a complete gambler. Affected by the gambler's psychology, all your transactions will become irrational.

Unless it can quickly stabilize at 31,000+ next week, BTC will inevitably usher in a correction week. 29,500 is a key position. If it is stable, it will be ready to rush to 34,000. If it is not stable, it will pull back to 27,500.

Prediction one:

If you stand firm at 31000+, you have to rush to 34000. Even if you want to rush to 4w, you can't rush that fast. It will definitely take a long time to reach 34000. First, it will fluctuate between 29,500 and 31,000 for at least a week, which will be similar to the shock from March 20 to March 27. After gathering momentum for a week, it will break through 31,000 and rush to 34,000 next week.

Prediction two:

Otherwise, it will be a shock of 29,500-27,500. In extreme cases, the market will be close to 26,500 at most, but it will not fall back to 26,500 so soon after the market is closed.

It was expected that the weekly closing level last week and this week would be positive, but this week has just started, so it will still be inserted once between 25400-25700, and then the overall trend will be upward. It is not clear where exactly, but 28200-28500 is the weekly closing level. Line level resistance. It can reach 28,200, which is already a very good increase compared to the past month.

The performance next week depends on whether it can stabilize above 28,500 this week, so look forward to it. Personally, I think the next three weeks should be a negative closing period.

After inserting the needle downward, I will consider lowering the price a bit. I can't give you the specific point, but it will probably be 200 points above or below 25,500.

When the market is good, you can make a sure profit by buying spot stocks, but you can easily get thrown out when you open a contract.

When the market is bad, you can still make money by finding a position to open a short order. Of course, the risk will be greater, so be prepared to stop losses.

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We have carefully selected 10 short-term tokens that are more likely to be profitable. If you open a 10x leverage, you can get 5 to 10 times the profit. Stop your losses and it's worth the risk.

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Only open short orders, not long orders. When the point is reached, it will be empty. If the point is not reached, there will be no loss.

BTC: 27299, take profit 23801, a drop of 13%

ACH: 0.024, take profit 0.016, down 33%

KEY: 0.0069, take profit 0.0045, drop 35%

What I often mean by breaking through or falling below a certain point, many people don't understand, which leads to losses during operations.

For example, the strategy given by ALPHA is to chase long if it breaks through 0.1246.

I drew five situations of ABCDE.

A: It fluctuated at the target price and went up twice in a row, but finally fell below the target price.

B: It goes up and then comes down, usually by inserting pins.

C: It fluctuated at the target price and finally went up.

D: It went up first, then pulled back and fluctuated, but the closing price of each K-line was above the target price.

Every time the market changes, a review should be done. Emotional aspects, macro aspects, news aspects, etc. will all be reflected on the K-line chart. Although there is a lag, the K-line results can still guide the direction.

Let’s look at the daily structure first

It currently has short-term support near the top of 25100 in mid-February. The trend in the past two months has been a channel decline starting from the high of 31000 on April 14, and has completed the 01234 perfectly. It is currently oscillating downwards towards the 5 position. . The biggest pain point for option delivery on June 30 was 24,000, which was just around the 5 position. It is expected to reach the 5 position in the form of a pin, which is probably around 23800. This is my logic for adding a position to ambush BTC at 23801.

Let’s first review the three coins traded in the past few days.

LINA: There were expectations when it broke through 0.0109, but in fact it was not high. Only half of 0.0179 was sold out, and the rest around 0.015 was sold out. It was not cost-effective to go short, so there was no operation until it broke through 0.0165. The banker in the last round must have eaten a lot of meat and it was very satisfying, but even if he wanted to do it again, it would take time to accumulate funds. It is impossible to raise the price directly without thinking. After all, profit and loss must be considered. So for the next period of time, at least this week, I won’t touch LINA anymore. Similarly, the same goes for KEY and ALPHA.