I have been trading cryptocurrencies for a few years, investing 20,000 to enter the market, and now I support my family through trading. I have summarized my hard-earned experiences.

1. Divide your funds into 5 parts and only invest one-fifth each time! Control a stop-loss of 10 points; if you make a mistake once, you only lose 2% of your total funds. If you make 5 mistakes, you will lose 10% of your total funds. If you are correct, set a take profit of over 10 points. Do you think you will still be stuck?

2. How to further improve the win rate? In simple terms, it is just two words: follow the trend! In a downtrend, each rebound is a trap to lure in more buyers, while in an uptrend, each drop creates a buying opportunity! Which do you think is easier to make money from, bottom fishing or buying low?

3. Do not touch cryptocurrencies that have rapidly surged in the short term, whether mainstream or altcoins. Very few coins can make multiple waves of major upward trends. The logic is that it is difficult to continue rising after a short-term surge. When prices stagnate at high levels and cannot rise later on, they will naturally fall. It’s a simple principle, but many people still want to take a gamble.

4. You can use MACD to determine entry and exit points. If the DIF line and DEA form a golden cross below the 0 axis and then break above the 0 axis, that is a stable entry signal. When MACD forms a death cross above the 0 axis and moves downward, it can be seen as a signal to reduce positions.

5. I don’t know who invented the term ‘averaging down,’ but it has caused many retail investors to stumble and suffer significant losses! Many people increase their positions when they are losing, and the more they add, the more they lose. This is the biggest taboo in trading cryptocurrencies, placing themselves in a dire situation. Remember to never average down when in loss, but rather to increase your position when in profit. #比特币ETF价格战

6. The volume-price indicator is the most critical; trading volume is the soul of cryptocurrency trading. Pay attention when the price breaks out with increased volume at low consolidation levels, and be decisive to exit when there is increased volume at high levels. #BTC行情

7. Only trade cryptocurrencies in an upward trend; this maximizes your chances and saves time. When the 3-day moving average turns upward, it indicates a short-term rise; when the 30-day moving average turns upward, it indicates a medium-term rise; when the 84-day moving average turns upward, it indicates a major upward trend; when the 120-day moving average turns upward, it indicates a long-term rise! #美国“无王”抗议

8. Persist in reviewing each session, checking if there have been changes in your holdings, technically analyzing whether the weekly candlestick trends align with your judgments, and whether the direction has changed trends, adjusting your trading strategy in a timely manner! 点击免费加入乐宝策略聊天室