People who are trying to learn how to trade coins have really increased these days. As the market moves sideways, more people are realizing that taking profits in shorter timeframes is better than just buying and waiting.

In fact, the cryptocurrency market operates 24 hours a day, so even office workers can trade without interfering with their main job. Unlike stocks, there are no closing times.

Then shall we start with the basics of coin trading methods?

First, you need to think about how to choose an exchange. Domestic exchanges are convenient for deposits and withdrawals in Korean won and are good for beginners to start. Overseas exchanges allow futures and leverage trading, so you can aim for profits even during a bear market. Operating them separately according to your style is efficient.

Chart tools are also important, and using professional chart platforms like TradingView allows for more precise analysis. You can use just the app of a domestic exchange, but it’s better to turn off unnecessary indicators and focus on candlesticks and trading volume.

But the most important thing here is mental strength. Seeing a coin surge and falling into FOMO, buying without thinking, is a shortcut to destroying your account. Coin trading methods should be based on mechanical principles, not intuition. Set your own strict rules, like “I won’t buy unless this condition is met,” and follow them mechanically.

Here are three practical strategies you can use in real trading.

The first is the RSI oversold rebound strategy. It has the highest win rate in a range-bound market. Watch the 1-minute or 5-minute candles, and when RSI drops below 30, enter. It’s a signal that the coin is oversold, so a rebound is likely. Conversely, if RSI is above 70, don’t be greedy—sell to lock in profits.

The second is the moving average golden cross. It’s good to use when a sideways trend ends and a new trend begins. Mark the 5-day and 20-day moving averages in different colors, and buy when the 5-day crosses above the 20-day from below. If trading volume increases along with this, it’s more reliable.

The third is Bollinger Band breakout trading. Use this when volatility suddenly increases and explosive surges happen. When the price strongly breaks through the upper band and trading volume spikes, chase the buy. But since prices tend to fall back, it’s key to sell immediately when the upward trend stalls to lock in profits.

In coin trading, more important than making money is not losing money and surviving.

Always set stop-losses. Predefine rules like “If the entry price drops by 2%, I sell without hesitation,” and follow them mechanically. Stop-loss isn’t a failure; it’s preparation for the next opportunity. Don’t fear small losses—avoid losing half of your seed capital.

Position sizing is also crucial. Never risk your entire assets at once. It’s wise to divide your seed into at least 10 parts. For example, if you have 10 million won, split it into ten 1 million won trades. Even if nine fail, one big success can recover your losses, and psychologically it keeps you stable, preventing impulsive trading.

There are also special tips for the Korean market.

Always check the Kimchi Premium. It’s normal for domestic prices to be 1-2% higher than overseas exchanges, but if it exceeds 5%, be cautious. That indicates the domestic market is overheated. Conversely, if there’s an arbitrage premium, it can be a relatively safe buying zone.

The optimal trading time is 9 a.m. (Korean time). At this time, the daily candles on domestic exchanges reset, and the stock market opens, causing trading volume to explode. Many surging stocks are born at this time. If you’re working, focusing only from 8:50 to 9:30 a.m. can be enough to achieve your profit goals.

Bitcoin (BTC) is currently around $78.27k, Ethereum (ETH) at $2.18k, Ripple (XRP) at $1.42, and Solana (SOL) at $86.83. For short-term trading, it’s best to start with major coins or those with high trading volume. Liquidity is essential so you can sell whenever you want.

Trying to study perfectly before starting often leads to never starting at all. Knowing just the basics like support and resistance lines, RSI, and moving averages is enough. Gaining practical experience with small amounts and finding what works for you is more important.

Losing money can be tough, but it’s something every investor experiences. If you try to recover by rushing back in, you’re likely to incur bigger losses. If your stop-loss line is hit, stop trading for the day, close the trading window, and cool your head. Then, look at the market with a fresh mindset the next day.

For beginners, aiming for a stable 1-3% daily profit is realistic. 1% may seem small, but with compound interest, it can total over 30% monthly. It’s better to steadily accumulate without chasing huge wins in a single moment.

Even office workers can do it. Watching charts all day can impair judgment and lead to mistakes. Focusing on 1-2 hours during lunch, after work, or during the 9 a.m. or New York market opening hours (10:30 p.m. to 11:30 p.m.) is also a good coin trading strategy.

⚠️ Important note: This article is for informational purposes only and does not recommend any specific asset investment. Cryptocurrencies can be highly volatile and may result in losses. All investment decisions and responsibilities are your own. Please decide carefully.