WinterCompanion
vip

From 50,000 to 500,000, using the dumbest Cryptocurrency Trading method, the win rate currently reaches 100%! A must-see for all new and old suckers.


First, if you make money, you have to protect your profits. For example, if you buy a coin and it rises by more than 10%, you need to be cautious. If it drops back to your buying price, sell it immediately without hesitation. If you make a 20% profit, you should set a rule for yourself that you won't sell until the profit is at least 10%, unless you are certain that this is the peak. Similarly, if you make a 30% profit, you should at least protect 15% of your profit before selling. This way, even if you don't have the technical skills to judge the peak, you can still let your profits roll.
Second, if you lose money, you must decisively stop the loss. When you buy a coin, if it loses 15% (you can set this number yourself, but 15% is a suitable reference), then you should quickly cut your losses and leave. This is to stop the loss in time and not let yourself sink deeper. If it goes up later, that's okay, it means you chose the wrong entry point this time, it was a mistaken trade, and mistakes come with a price, which is a loss. You must remember to set a stop-loss every time you open a position; this is an essential condition for Cryptocurrency Trading in the coin circle.
Third, if the coin you sold drops, you should buy it back at the original price. If you sell a coin and it drops, but you still have high hopes for it, then buy back the same amount of coins. This way, the number of coins you have remains the same, but you have more funds on hand. If after selling it doesn't drop much and you didn't buy back, and then later it rises back to your selling price, then you will have to buy it back unconditionally.
Although doing this will waste some transaction fees, it can avoid a lot of missed opportunities. This principle can be combined with the stop-loss principle, which means buying back when the price returns to the original price and stopping loss if it falls again. If you operate this way multiple times and find that the price of this coin is always unstable, then you need to choose a new entry point.
In short, Cryptocurrency Trading short-term operations must adhere to principles; entering and exiting quickly does not equal reckless fidgeting, chasing trends does not equal random collisions, taking profits does not equal being timid, and being on the sidelines does not equal exiting the coin circle. Don’t get too hung up on the lowest and highest price points! #BTC#
View Original
The content is for reference only, not a solicitation or offer. No investment, tax, or legal advice provided. See Disclaimer for more risks disclosure.
  • Reward
  • Comment
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)