Who would have thought? 6 years ago, I entered the cryptocurrency world with 5000 USD, unable to distinguish between mainstream coins and altcoins.
I followed the trend and got trapped in meme coins, held on during the LUNA crash, and turned my tens of thousands of principal into just a little left, sleepless nights.
8 years later, I transformed from a "newbie" to a steady trader with a trading strategy, with an account frozen at 25 million. No talent support, all lessons learned from real money, sharing 5 actionable experiences, applicable for both beginners and seasoned players.
1. Protect Your Principal: Three Iron Rules Must Not Be Broken
The core of trading is to stay alive. Only use money you can afford to lose: if you have a deposit of 100,000, invest a maximum of 20,000; with a monthly salary of 8,000, do not invest more than 800 a month; do not borrow online loans or risk your assets. A 5% forced stop-loss, exit if it breaks the 5-day line for short term, or the 20-day line for medium term. Divide positions into three parts: 30% for long-term mainstream coins, 50% for swing trades, and 20% for cash reserves. Buy on dips at -15%, -30%, -50% gradients.
2. Go with the Trend: Don’t Fight the Market
In the past, I was stubborn about bottom-fishing, always buying halfway up the mountain. In a bear market, do not touch it; wait for clear signals of an uptrend; in a bull market, catch the dips, which is safer than waiting for the bottom. Watch trading volume: a breakout with volume at low levels is an opportunity; rising without volume is false growth, beware of corrections.
3. Technical Indicators: Simple and Practical for Longevity
No need for complex indicators, simplicity and practicality are sufficient. Find buy and sell points on the 15-minute candlestick chart; enter when it turns from bearish to bullish, and the 3-day average line rises; use the daily MACD to determine direction, buy when it breaks below the zero line, and reduce positions when it turns above the zero line; look for support on the weekly Bollinger Bands, a break below the middle band signals a trend reversal. The resonance of the three indicators + volume increase doubles the success rate.
4. Short-term Survival: Three Habits to Avoid Pits
Short-term trading requires extreme discipline, not gambling. Focus only on popular coins with volume; if a coin has no trading volume, do not touch it even if it rises; set strict profit and loss limits, sell at a 15% gain, cut losses at 5%; focus on 1-3 minute charts, follow the average price line, and never enter during sideways movements.
To be honest: my stable profits come from the confidence built from losses. Discipline is more important than skills, and staying alive is more important than making money. If you want to turn a few thousand into success, first elevate your understanding; don’t treat trading as gambling, and only by following the rules can you go far.
Nice to meet everyone, Ming is focused on $ETH and $BTC contract spot ambush, the team still has positions available, hop on quickly, and let me help you become the house and also a winner #FTX债权人赔付 .