Ten Practical Strategies for Seasoned Cryptocurrency Traders Having navigated the cryptocurrency world for many years, I've seen many people blindly enter the market, only to leave in regret. If you've been trading cryptocurrencies for a while but haven't achieved ideal returns, consider the following suggestions to help you transform from a novice into an experienced trader. 1. Choose the Right Timing: Catching a significant price surge once a year can yield substantial profits. Never go all-in; keep some cash on hand to handle unexpected situations and seize new opportunities in a timely manner.
2. Set Realistic Goals: Before trading, establish a feasible profit range for yourself. The mindset for simulated trading is entirely different from real trading; preparing your psychology in advance is essential to maintain composure during market fluctuations.
3. Be Decisive with Positive News: When good news arises, if you haven't sold on the same day and the next day opens high, make a quick decision. The cryptocurrency market reacts swiftly; after good news, prices adjust quickly, and hesitation can eliminate profit potential.
4. Risk Management Strategy Before Holidays: As holidays approach, it’s advisable to reduce your positions or pause trading. After the holidays, the market is influenced by various factors, leading to significant volatility and high risks; caution is necessary to avoid losses.
Flexible Tactics for Medium to Long-Term: For medium to long-term investments, learn to sell high and buy low. Sell off portions to lock in profits when prices rise, and buy in batches to lower costs when prices fall, adjusting your strategy flexibly.
Tips for Selecting Short-Term Coins: For short-term trading, choose active and high-volume coins; these types of coins have strong liquidity. Avoid low liquidity coins, as they can easily trap you.
Understanding Market Trends: The market may slowly decline but often presents opportunities for recovery; after sharp declines, it may also rebound quickly. Grasping these trends allows for proactive positioning.
Strictly Adhere to Stop-Loss Limits: If you realize your investment direction is incorrect, decisively execute a stop-loss. In the cryptocurrency world, preserving your principal is the primary objective; managing risk is crucial for long-term success.
Use Technical Tools Wisely: In short-term operations, utilize 15-minute candlestick charts and the KDJ indicator to identify buy and sell points. Referencing indicators like MACD and RSI can provide multi-dimensional market analysis, leading to more accurate decisions.
Create Your Own Trading System: There’s no need to learn too many technical analysis methods; select a few that suit you and master them thoroughly. Integrating these techniques into your trading system and applying them proficiently is more effective than blindly exploring.
I've been in the cryptocurrency circle for seven or eight years, gradually working my way up from a novice to someone with thirty million in their account. Today, I'm going to share my experiences with you.
If you have little capital, don’t be greedy. If your principal is only around 100,000, catching just one clear rise or fall a day is enough. I've seen many people who stare at the market all day long, only to end up not making any money while exhausting themselves. We're not made of iron; we need to rest when we should.
When encountering major positive news, don’t act impulsively. If you haven’t made a move on the day it’s announced, quickly clear your holdings the next day if it opens high. In this market, positive news can sometimes signal the beginning of a decline; don’t wait for the market to reverse to regret not selling early.
Before holidays or policy adjustments, reducing your holdings in advance is definitely a good idea. If you’re uncertain, it’s not shameful to sit on the sidelines and wait; you can jump back in to pick up bargains once the storm has passed.
When engaging in medium to long-term investments, don’t bet all your money. You need to keep some funds for averaging down; I've seen people go all in and then get wiped out when the market fluctuates; that situation is too tragic.
For short-term trading, quick eyes and swift hands are essential. If the market is good and you can make money, seize the opportunity quickly. If the market starts to stagnate, decisively pull back. Don’t always think about buying at the lowest and selling at the highest; we don’t have that capability.
The cryptocurrency market is like a spring; it rises slowly and falls slowly too. If it suddenly spikes, it’s highly likely to experience a waterfall decline shortly afterwards; I learned this rule the hard way, spending hundreds of thousands in tuition.
If you realize you're judging the direction wrong, don’t stubbornly hold on; decisively cut losses. As long as your principal remains, opportunities are always there; this market is never short of opportunities. For short-term trading, don’t look at daily or weekly charts; the 15-minute K line combined with the KDJ indicator is the most practical. Finding the right timing for golden crosses and dead crosses is much better than random trading.
Lastly, mindset is key. Skills can be learned, and experience can be accumulated, but part of the mindset is innate. Many technical experts panic when the market fluctuates, ultimately earning less than those with a good mindset. In the cryptocurrency circle, those who can remain calm and sleep peacefully are the true winners!
BANANAS31 Project has the following details: Token Information 1 Name: The full English name is Banana S31, symbol is BANANAS31. Total Supply: 10 billion tokens, no inflation mechanism. Type: BEP-20 token. #币安投票上币
Project Background and Culture Origin: The meme "Banana for scale" originated in 2012 on Reddit, where users showcased the size of objects using bananas in photos, later spreading to platforms like Imgur and Twitter. On November 15, 2024, the $Banana token was launched on the BNB Smart Chain, combining the banana meme with AI governance.
Cultural Significance: SpaceX placed banana stickers on Starship S31, linking the project to Elon Musk and the innovative world of SpaceX, adding cultural significance.
Community and Governance Governance Model: DAO governance model is adopted, giving the community a voice in the future of the token. Early developers burned the liquidity pool, handing the project over to the community, enhancing the sense of belonging and trust.
Community Activities: Keeping the community active and engaged through creative activities such as the "Banana Measures Everything" challenge and fun events on TikTok.
Development History Token launched on November 15, 2024, and listed on Gate.io's Innovation Zone on November 24. Within a month, it reached a market cap of over 79 million USD, attracting more than 30,000 holders. On January 4, 2025, the market analysis Agent: Bananalyst was launched, attempting to incubate Agents through a mature Meme community to explore the "AI+MEME" field. On March 20, 2025, Binance launched the "Vote to List" voting event, and BANANAS31 was one of the projects on the initial candidate list, with its community promising to airdrop banana NFTs + token gift packs to voting users.
Market Performance As of now, the price is 0.002624 USD, with a 24-hour trading volume of around 8.04 million USD, and a market cap of around 26.24 million USD. The historical highest price occurred on December 18, 2024, at 0.008291 USD; it has risen by 724.25% from the lowest price.
Moreover, voting for listing is currently ongoing, please cast your firm vote for BANANAS31 and SIREN! (SIREN is what I have watched grow on-chain)
Assuming we initially have a principal of 100U. In the first trade, we use 10% of the principal, which is 10U for the operation. If successful, the funds will rise to 130U.
In the second operation, we use 10% of the current funds, which is 13U as the position. Suppose this time luck is not on our side, and we hit the stop-loss, bringing the funds back down to 117U.
In the third attempt, we again use 13U as the position. If successful this time, the total funds will rise to 156U.
In the fourth investment, we increase the position, investing 16U, which is also about 10% of the current funds. As a result, we hit the take-profit again, and the account will finally have 204U.
When opening a position, always follow the strategy to manage the position: For example, if the entry price is 2685 (using 10% of the funds), when the price rises to 2695, we can increase the position (still using 10% of the funds). At the same time, set the stop-loss at 2705. If you want to operate more aggressively, you can buy in batches, investing 7% of the position each time. The advantage of doing this is that the risk-reward ratio can be better, potentially reaching 1 to 1.5, and for the more skilled, even up to 1 to 2.6.
As we approach the take-profit target, when there are about 5 to 10 points left, we can first close 70% to 80% of the position. For the remaining portion, raise the stop-loss line by 5 to 10 points. If the price does not break this new stop-loss point, we can hold on. However, once it breaks and does not meet our expectations, we gradually reduce the position, closing 70% of the position at each key resistance level while also adjusting the stop-loss position.
If luck is on our side and we have 2 to 4 consecutive profitable operations, our total funds can significantly increase. This method considers both risk control and maximizing returns.
Trading cryptocurrencies for seven years to support my family! I started with an initial investment of 50,000 yuan, and now I can basically support my family through this field.
During this process, I have accumulated some personal insights that I would like to share with everyone.
First of all, I believe that the timing of selling is not about how long you have held the asset, but whether you can accurately gauge the market. It doesn't matter if you have held a coin for a day or a year; as long as the market price reaches its peak, you need to consider selling.
Secondly, when the price of coins is rising, retail investors like us are particularly prone to greed, always thinking the price can go even higher. However, this mindset often leads to missing the best selling opportunities. In fact, taking profit when it's good is more reliable and practical than trying to sell at the highest point; it's better to secure profits than to risk losing them.
Third, understanding when to stop is very important. When you see your gains increasing, you need to have the patience to wait for the right opportunity to cash in. This tests our judgment and our ability to stick to our principles in the face of temptation.
Fourth, when the people around you are passionately discussing blockchain technology and various investment opportunities, this may be a signal that the market is nearing its peak. At this time, you should consider selling some coins or even exiting entirely; don't become the last person holding the bag. Because we ordinary investors, lacking a powerful information network, need to be cautious of traps when we receive favorable news!
Finally, those who have experienced a bull market often feel regret for not buying more when prices were low. However, skilled traders will take advantage of the collective mindset of chasing prices and sell their coins when the prices are high. Therefore, we must manage our emotions and not let the market's frenzy cloud our judgment, leading to irrational decisions.
The cryptocurrency market is highly volatile, with many opportunities and also significant risks. By learning more and summarizing experiences, we can better grasp when to invest and reduce unnecessary losses. I hope every investor in this market can find a way to make money that suits them.
Ten trading rules to help you progress steadily in the cryptocurrency market:
1. If a strong cryptocurrency has been falling for nine consecutive days from a high position, it may be a good time to buy.
2. If a cryptocurrency has been rising for two consecutive days, it's a good idea to reduce your holdings appropriately.
3. If the price of a cryptocurrency rises more than 7%, there is generally a possibility of further increases the next day; you can hold it for a while to see the situation.
4. Some cryptocurrencies have consistently performed strongly, and in the long run, their prices will rise; it’s wiser to invest after the price correction ends.
5. If a cryptocurrency has not shown much price fluctuation for three consecutive days, wait another three days. If there is still no change after three days, consider looking for other investment opportunities.
6. If you haven't recouped your investment from the previous day by the next day, it's safer to withdraw quickly.
7. On the ranking list of price increases, if a cryptocurrency has been rising for two consecutive days, there may still be room for growth; especially around the fifth day, it is generally a good time to sell.
8. Trading volume can indicate market sentiment. If trading volume increases significantly when prices are relatively low, the price may break upward; conversely, if trading volume increases when prices are high but the price does not rise, it's time to sell and exit.
9. Pay more attention to those cryptocurrencies with rising prices, as the chance of success is higher. You can use technical analysis methods, such as a 3-day moving average indicating a short-term upward trend, a 30-day moving average showing mid-term growth, and 80-day and 120-day moving averages indicating main upward waves and long-term growth trends, respectively.
10. Even if you don’t have much money, it doesn’t mean you can’t succeed in the cryptocurrency market. The key is to use the right methods, stay calm and rational, strictly follow the established strategy, and patiently wait for the best opportunity to arise.
Once again, a reminder that cryptocurrency trading is not legally protected in China and carries significant risks; be sure to invest and trade cautiously.
If the Chinese market did not suppress the cryptocurrency industry, would Bitcoin have already broken $150,000? Since Bitcoin reached $110,000, it has been on a downward trend, and now it has even fallen below $80,000. However, this tool for harvesting the global economy was originally meant to belong to China.
Mining machines, made by Chinese Mining boxes, made by Chinese Transformers, made by Chinese PUD, made by Chinese Water cooling and oil cooling equipment, made by Chinese In the entire industrial chain of Bitcoin mining, most of it is done by Chinese companies, with only electricity and land being from the United States.
I still haven't figured out why the tool for harvesting the global economy should be given to the United States?
Over the years, I've summarized a few experiences, and today I'm sharing them all with you:
1. Controlling your hands is more important than anything else. I've seen too many people who clearly know they shouldn't enter the market but can't help but buy in. At this point, no amount of technical analysis can help, just like knowing that eating late-night snacks will make you gain weight but still ordering takeout. First, stabilize your mindset before talking about anything else.
2. Don't be stubborn with a coin. It's very normal for a coin you liked yesterday to turn sour today; the market can change faster than turning a page. We need to develop the ability to "be ruthless"; don't hesitate to take profits or cut losses. Friends with larger capital can try using the 30-minute chart for operations, making entry and exit relatively more relaxed.
3. If you're losing money, first look for reasons within yourself. The market is always right; the only thing that's wrong is your judgment. After each operation, it's recommended to note down: Why did I buy? Why did I sell? How can I improve next time?
4. Wealth doesn't come from rushing. The more desperate you are to get rich, the easier it is to get chopped like leeks. I've seen too many people who think the profits aren't enough when the market rises, but can't bear to cut losses when it falls, ultimately being led by the market. To put it bluntly, trading coins is really a process of battling your own greed.
5. Steady and gradual is the way to go. Don't always fantasize about turning a bicycle into a motorcycle; the key is to build your own trading system. Do your homework before buying, and after buying, remain calm. When it's time to act, don’t hesitate. Remember, you are trading coins, not the coins trading you.
6. Be patient and wait for the flowers to bloom. Those who chase hot trends and keep switching coins have seen little increase in their account balance. It's like farming; good seedlings take time to cultivate. I know a few who really made money, and they all held mainstream coins for two to three years.
7. Follow the rhythm. The market is like a DJ spinning records, it has its own rhythm. Don't be timid when it's time to invest heavily, and don’t be greedy when it's time to step back. Observe the flow of funds more and avoid being misled by those "all-in" calls in the group. Get the rhythm right, and your account will naturally look good.
8. Compound interest is the hidden ace. Don't underestimate a daily return of 1%; when calculated with compound interest, it can multiply more than thirty times in a year. Of course, this is just a theoretical value; the key is to maintain stable profits. Hone your skills, adjust your mindset, and time will surprise you.
Summary: These experiences have been gained through real investments. At the beginning, who hasn't paid some tuition to the exchange? The key is to continuously optimize your strategy in practice. The market will always be there; living longer is much more important than making quick profits.
The secret to making millions in the crypto world over seven years!
Having struggled in the crypto world for seven or eight years, from a newcomer to an experienced player, I now have over ten million in my account. Here are some heartfelt experiences to share:
Don't be greedy when funds are tight If your principal is only around a hundred thousand, catching a decent wave of ups and downs each day is enough. I've seen too many people who want to stare at the market 24/7, only to end up exhausting their bodies without making any money. Remember, we are not robots; eat when you need to and sleep when you should.
Don't treat good news as a meal When you encounter major good news, don’t get too excited. If you haven’t exited that day, clear your position quickly the next day when the market opens high. You know how the market behaves; good news can often signal the beginning of bad news. Don't wait until the trend changes to regret it.
Remember to buckle up before holidays When encountering holidays or significant policy adjustments, it’s better to reduce your position in advance than anything else. If you really can’t decide, it’s not shameful to stay out and watch; wait until the storm passes before entering the market to pick up bargains.
Long-term investment should be like Tai Chi When playing mid-to-long-term, never go all in; it's essential to leave enough space for averaging down. I've seen brothers who heavily invested and then faced liquidation with just a slight market fluctuation. It’s truly tragic.
Short-term trading requires quick hands For short-term trading, being quick in both eyes and hands is critical. When the market gives you a chance, seize it quickly; if it starts to stall, pull back. Don’t always think about buying at the lowest and selling at the highest; we are not gods.
The market is like a spring It rises slowly and steadily, and it also falls gradually; but if it starts to surge, a waterfall can come unexpectedly. I learned this pattern after paying hundreds of thousands in tuition fees.
Cutting losses should be like cutting tofu If you realize you’re going in the wrong direction, don’t stubbornly hold on; timely stop-losses are the mark of a true expert. As long as you keep your principal, you don’t have to fear running out of fuel. The market is never short of opportunities.
15-minute charts hide treasures For short-term trading, don’t look at daily or weekly charts; the 15-minute K-line combined with the KDJ indicator is invaluable. Finding the right moments for golden crosses and dead crosses is ten times better than blindly operating with closed eyes.
Mindset is the ultimate weapon Skills can be learned, and experience can be accumulated, but mindset is something innate. I’ve seen too many technically skilled experts get nervous at the slightest market fluctuation, ultimately earning less than the laid-back players. Remember, those who can sleep soundly while laughing in the crypto world are the true winners.
I have been in the cryptocurrency space for many years, and I consider myself an old investor. Now I want to share some trading advice with you, hoping to help you establish a foothold in the crypto world.
1. Diversify Your Investments: Don’t put all your funds into a single cryptocurrency or trading strategy. Diversifying your investments across different tokens and strategies can effectively reduce risk.
2. Be Cautious with Leverage: For beginners, high leverage is a double-edged sword; while it can amplify gains, it also significantly increases the risk of losses. Initially, try to be conservative and keep leverage within 2 to 5 times to avoid liquidation due to sudden market fluctuations.
3. Set Stop-Loss Points: Learn to establish and adhere to a stop-loss strategy, which is key to avoiding significant losses. For example, set a risk per trade not exceeding 2%-3% of total capital, allowing timely exit during unfavorable market conditions to minimize losses.
4. Start with Small Amounts: If you are new to the crypto space, it is advisable to start with small amounts to practice. This allows you to apply theoretical knowledge in practice, gradually build your own trading system, and avoid the financial pressure of substantial losses.
5. Pay Attention to Long-Term Trends: Beginners should focus more on daily charts, 4-hour, and other longer time frames. These price trends are more stable and easier to analyze, helping to reduce impulsive decisions.
6. Continuous Learning and Adjustment: It is crucial to continuously optimize your trading strategy. Regardless of how experienced you are, the market is always changing, so you must keep learning, testing, and refining your trading methods.
7. Strictly Follow Your Plan: After formulating a trading plan, it is essential to adhere strictly to it, including entry and exit standards as well as risk management measures. Lack of discipline is often one of the main reasons for failure.
8. Accumulate Experience: Becoming a successful trader requires time and experience. Every market fluctuation is a valuable learning opportunity; patiently accumulating experience will gradually enhance your trading level.
Finally, managing your mindset and maintaining a correct trading mentality is equally important. Market emotions can easily influence judgment, especially when holding positions. Learn to control your emotions and not let fear or greed dictate your decisions. RARE/AUDIO/PROS #鲸鱼囤币
In this market, whether it's a bull market or a bear market, everyone's core goal is to profit. I started trading cryptocurrencies at the age of 21, and by this year, at 28, my assets have reached eight figures. During this process, I have summarized some insights and techniques to share with my brothers.
1. The market in the morning is usually more straightforward; when prices drop, it may be a good time to buy at a low price; if prices rise, don’t be greedy, sell at the right time to lock in profits.
2. If prices suddenly rise in the afternoon, avoid blindly chasing the highs, as this is often an illusion; if prices drop, remain calm and wait for a lower entry point the next day.
3. When facing a price drop in the early morning, do not panic sell, as the market is unpredictable; during calm periods, there’s no need to feel anxious, just wait for opportunities to arise.
4. Always stick to your own trading principles: do not sell easily if the expected price is not reached; do not buy recklessly if it has not fallen to your psychological price; during a sideways market, it’s best to observe.
5. Use candlestick patterns for trading; buying on bearish candles and selling on bullish candles is a classic strategy. A bearish candle indicates a price correction, which is suitable for buying; a bullish candle indicates a short-term uptrend, which should prompt consideration of selling for profit.
6. Learn to think contrarily; remain calm when others are enthusiastic, and dare to decisively buy when others are panicking, as this can reveal overlooked opportunities.
7. The consolidation phase tests patience; when prices linger at high or low levels for a long time, do not act out of anxiety; wait for the trend to clarify before taking action.
8. When prices rise again after a period of consolidation at high levels, this is the last opportunity to make money, and one should act promptly, or it may slip away.
In summary, the key to success lies in execution rather than method. Protecting the principal is crucial, and one must also respond flexibly to market changes. Remember, while contending with the market, you are actually overcoming your own weaknesses. What seems risky may hide opportunities, while those seemingly attractive opportunities may actually be traps.
In this circle, staying calm and cautious is the key to success. Looking back over the past year, since the beginning of 2020, I have devoted myself wholeheartedly to trading. After five years of effort, my assets have grown from 2000 to over ten million. This is not because I pursue high-risk speculative behavior, but because I have established an effective profit system and continuously optimized my strategies and techniques.
It is worth noting that this process is not achieved overnight. The first million was the most challenging; it took time to build and test the trading system, taking about a year and a half. However, as experience accumulated and the system improved, the subsequent capital growth rate significantly accelerated. The second million took three months, the third only took a little over a month, and the fourth million only took five days. In fact, 75% of the profits were realized within six months.
For those who hope to achieve high returns through futures trading, the reality is often disappointing. Most people participating in futures trading ultimately incur losses because this trading method is more like gambling, relying on probability rather than skill or analysis. Some so-called 'experts' may profit by leading beginners in futures trading, but this often comes at the expense of the beginners' interests.
If you are currently in a losing position and hope to make up for your losses through futures trading, you may need to reconsider your strategy. Futures trading carries extremely high risks, and only a very small number of people can profit from it. Rather than taking risks, it is better to focus on investments in the spot market, especially when you still have enough capital; the possibility of recovering losses is greater. The key lies in choosing the right timing for buying and selling and maintaining discipline, staying calm in the face of market fluctuations, and avoiding emotional decisions.
Overall, successful investors know how to manage risk and are not swayed by short-term market fluctuations. They know when to hold on and when to decisively exit. The real challenge is whether one can adhere to the principle of not easily re-entering the market after achieving a certain profit, which ensures long-term success. Remember, investing is a marathon, not a sprint.
This news is currently favorable, but it is unknown whether any negative comments will be made at the meeting.#白宫首届加密货币峰会
The White House will hold its first cryptocurrency summit on March 7. Fox Business reporter Eleanor Terrett tweeted that President Trump will attend the first White House cryptocurrency summit and deliver a speech on March 7.
Attendees will include well-known founders, CEOs, and investors from the cryptocurrency industry, as well as members of the President's Digital Assets Working Group. The summit will be hosted by the White House's A.1. and cryptocurrency czar David Sacks, and managed by the working group's executive director Bo Hines.