Treat Cryptocurrency Trading as a serious job, clocking in and out on time every day - this is the survival strategy I have summarized after years of struggle.



In the first few years when I just entered the industry, like many others, I stayed up all night watching the market, chasing highs and cutting losses, losing sleep over it. Later, I gritted my teeth and stuck to a simple method, surprisingly managing to get through it and slowly achieving stable profits.

Looking back now, this method, though clumsy, is effective: "If I don't see the signals I'm familiar with, I absolutely won't act!" I'd rather miss out on opportunities than place random orders. By adhering to this ironclad rule, my annual return rate remains stable at over 50%, and I no longer have to rely on luck to make a living.

Here are a few life-saving tips for beginners, all based on experiences gained from losing real money:

1. Do not operate after 9 PM.
During the day, the news is too mixed, with all sorts of false good and bad news flying around, causing the market to fluctuate wildly, making it easy to be misled into the market. I usually wait until after 9 PM to take action; at this time, the news is basically stable, the candlestick chart is clearer, and the direction is more defined.
2. Take the money and secure it immediately after making a profit.
Don't always think about doubling! For example, if you made 1000U today, it's recommended to withdraw 300U to your bank card immediately and continue to operate with the rest. I've seen too many people who think they can turn three times into five, only to lose everything with a single pullback.
3. Look at the indicators, not just your feelings.
Don't rely on feelings to make trades; that's just blind gambling. Install TradingView on your phone and check these indicators before making a trade:

- MACD: Is there a golden cross or death cross?
- RSI: Is there overbought or oversold?
- Bollinger Bands: Is there a contraction or breakout?
At least two signals among the three indicators must be consistent before considering entry.

4. Stop-loss must be flexible.
When you have time to watch the market, if you make a profit, manually move the stop-loss price up. For example, if you buy at 1000 and it rises to 1100, raise the stop-loss to 1050 to secure your profits. If you need to go out and cannot monitor the market, be sure to set a hard stop-loss of 3% to prevent being wiped out by a sudden crash.
5. Withdrawals must be made weekly.
Money that is not withdrawn is just a digital game! Every Friday without fail, I transfer 30% of my profits to my bank account, and the rest continues to be reinvested. Over the long term, my account will become more and more substantial.
6. There are tips for reading candlestick charts.

- For short-term trading, look at the 1-hour chart: If the price has two consecutive bullish candles, consider going long.
- When the market is consolidating, switch to the 4-hour chart to look for support lines: consider entering the market again when it drops near the support level.

7. Never fall into these traps!

- Leverage should not exceed 10 times; beginners should ideally keep it within 5 times.
- Don't touch Dogecoin, Shitcoin and other altcoins, they are prone to being harvested.
- A maximum of 3 trades per day, too many can easily lead to losing control.
- Absolutely do not borrow money to trade cryptocurrency!!

The last sentence is for you:
Cryptocurrency Trading is not gambling. Treat it like a job, clock in and out every day, shut down at the end of the day, eat when it's time and sleep when it's time, and you will find that money is actually earned more steadily. #币圈 # #BTC# #ETH#
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RedHvip
· 08-06 04:12
I learned a lot after watching.
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