After more than 1 year in the market, still haven't found the way with 200,000 principal?
Stop messing around! These 10 points are experiences I’ve gained from real money, execute thoroughly, and next time the market moves, you can reap the rewards.
Don’t indulge in 'getting rich by going all in'! You don't need to operate daily with 200,000; grasping a trend once a year is enough.
In the early days, I didn't practice my mindset; a single misjudgment wiped out 3 months of profits. Now, I make newcomers practice on a virtual account first, where the cost of trial and error is zero, and it can help eliminate impatience.
Didn’t take profits on a significant positive news day? Run away directly at the high open the next day! This is a hard rule: when good news is delivered, bad news begins.
In 2021, I held onto the illusion that 'it can still rise', dropping from a 30% profit to a 15% loss. Since then, I've firmly remembered: 'when good news is exhausted, it's time to leave quickly'.
Clear out before the holiday week! Don't gamble on holiday market movements. I’ve suffered losses three times; holiday liquidity is poor, sudden fluctuations are hard to guard against, so it's better to stay out and enjoy the holiday, there will be plenty of opportunities afterward.
Leave enough cash for medium to long-term! Sell in batches when it rises over 20%, replenish when it drops to the right level; trading in waves is better than holding onto it dead. I always keep 40% cash for the medium to long term, not afraid of missing out, and still have bullets to buy at the bottom.
For short-term, only focus on 'hot targets'! Don't touch those with low trading volume and stagnant fluctuations, it’s purely a waste of time.
I stayed with an obscure coin for half a month without any movement, then turned to chase a hot coin, and earned back the waiting cost in just 3 days.
Remember the rule: slow drops must lead to slow rebounds, fast drops must lead to fast rebounds! Last year, a certain target dropped sharply by 30%, and after I bought at the bottom, it rebounded 25% in 3 days for profit; but for slowly dropping items, don’t wait for a return to cost, timely stop loss is wiser.
If you buy wrong, don’t hold on! Stop loss is not admitting defeat; it’s preserving the principal to keep opportunities. In my early years, I was trapped and always hoped for a rebound, the deeper I got trapped, I later set rules: if it loses more than 5%, cut it directly; now I rarely lose big money because of holding on.
For short-term, just look at the 15-minute K-line + KDJ! No need to pile indicators to the point of dizziness, I used to rely entirely on MACD and RSI but frequently missed opportunities, after simplifying, the accuracy doubled.
Technical skills don't need to be numerous, mastering one or two tricks is enough! Newcomers always want to learn all methods, but end up overreaching. I now rely on 'wave stop profit + short-term KDJ', which is sufficient to cope with most market situations.
Earning from crypto trading isn't about quick money; it's about respect for the market and control over oneself. These 10 points seem simple, but there are too few who can achieve 'not greedy, not panicking, and not acting blindly'.
Many people focus on rushing to 1 million but forget that the market is always there. Preserving the principal and maintaining discipline are more important than catching 10 small trends. #特朗普缓和局势 $ETH
