Cryptocurrency Trading for 9 years, from Get Liquidated to sleepless nights, to now stable profits, this is a survival manual for all the newcomers still struggling in the crypto world, not an advocate.
Because I understand - in the crypto world, only those who survive have the right to talk about making money. Relying on this point and sticking to it, my annual return rate can now stabilize above 50%, without relying on all-in bets, without relying on gambling on market trends, only by recognizing the trend and strictly adhering to discipline. 1. Only place orders after 9 PM. Stop being busy all day. During the day, news flies around, shorts and longs are rushing in chaos, and price fluctuations feel like cramps. The truly clean and clearly trending market often appears after 9 PM. Especially during the time of the transition between the European and American markets, once the direction is clear, it often moves more smoothly. 2. After making money, the first thing to do: cash out. The biggest problem in the crypto world is not that you can't make money, but that you don't take it when you do. Every time my account has an extra 1000U, I immediately withdraw 400U to my bank card, and the rest continues to roll. Why? Because the money that is proposed is real, what is in the account is just a number. Too many people want to double when they earn 10,000U, but they can't even keep the principal with a wave of drawdown. 3. Look at the K-line, not at the feeling. Cryptocurrency Trading最忌讳靠“感觉”,那是送命。 My suggestion: Install TradingView on your phone and look at these three indicators: MACD, RSI, and Bollinger Bands. At least two signals must be consistent to open a position. Don't look at short cycles like five minutes; for short-term trading, look at the 1-hour chart, and for trend analysis, look at the 4-hour chart. For example, if I go long on ETH and it strengthens above the middle track for two consecutive hours, I will follow up; If it consolidates, check the 4-hour chart for support points and wait to enter when it approaches the support area. 4. Stop-loss must be flexible. Many people set stop-loss orders mechanically, and they get wiped out by the market makers. I will mention two methods: When you have time to watch the market, dynamically raise your stop loss (for example, if you open at 1000 and it rises to 1100, raise the stop loss to 1050). When you go out and don't have time to watch the market, just set a hard stop loss at 3% to prevent getting liquidated by the market makers. Stop-loss is not a shame, but a ticket to survival. Five, funds must be withdrawn once a week. This is the habit I developed the earliest. Every Friday, without fail, take 30% of the profits. No matter how much you earn or lose, first withdraw to your bank card from the account, and then talk about the next step of position rolling. If you persist in this action for 3 months, you will find that you have finally jumped out of the dead loop of repeatedly going to zero. Six, remember these few taboos Do not exceed 10 times leverage; beginners should ideally keep it within 3 to 5 times. You can have a maximum of 3 orders per day for contracts, and going long can easily lead to getting carried away. Stay away from Dogecoin, Shitcoin, Meme Coin, all are high volatility + low value games for the manipulators. Never borrow money to trade cryptocurrencies, even if you think this time you will definitely win. And one most important point: Cryptocurrency Trading is not gambling with your life; it is a profession. You need to have the rhythm of a working person: check the market at the right time, shut down at the right time, take profits and leave, stop when you incur losses. Don't stay up late, don't chase the price, and don't fantasize about free money falling from the sky. Doing this for three months, you'll find that making stable profits is more important than getting rich quickly. You are not unable to make money; you just haven't learned how to live while holding on to profits. Remember this logic, the next Cullinan might just be parked under your building. #BTC ETH #合约 crypto world #Cryptocurrency Trading
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Cryptocurrency Trading for 9 years, from Get Liquidated to sleepless nights, to now stable profits, this is a survival manual for all the newcomers still struggling in the crypto world, not an advocate.
Because I understand - in the crypto world, only those who survive have the right to talk about making money.
Relying on this point and sticking to it, my annual return rate can now stabilize above 50%, without relying on all-in bets, without relying on gambling on market trends, only by recognizing the trend and strictly adhering to discipline.
1. Only place orders after 9 PM.
Stop being busy all day.
During the day, news flies around, shorts and longs are rushing in chaos, and price fluctuations feel like cramps.
The truly clean and clearly trending market often appears after 9 PM.
Especially during the time of the transition between the European and American markets, once the direction is clear, it often moves more smoothly.
2. After making money, the first thing to do: cash out.
The biggest problem in the crypto world is not that you can't make money, but that you don't take it when you do.
Every time my account has an extra 1000U, I immediately withdraw 400U to my bank card, and the rest continues to roll. Why?
Because the money that is proposed is real, what is in the account is just a number.
Too many people want to double when they earn 10,000U, but they can't even keep the principal with a wave of drawdown.
3. Look at the K-line, not at the feeling.
Cryptocurrency Trading最忌讳靠“感觉”,那是送命。
My suggestion: Install TradingView on your phone and look at these three indicators: MACD, RSI, and Bollinger Bands.
At least two signals must be consistent to open a position.
Don't look at short cycles like five minutes; for short-term trading, look at the 1-hour chart, and for trend analysis, look at the 4-hour chart.
For example, if I go long on ETH and it strengthens above the middle track for two consecutive hours, I will follow up;
If it consolidates, check the 4-hour chart for support points and wait to enter when it approaches the support area.
4. Stop-loss must be flexible.
Many people set stop-loss orders mechanically, and they get wiped out by the market makers.
I will mention two methods:
When you have time to watch the market, dynamically raise your stop loss (for example, if you open at 1000 and it rises to 1100, raise the stop loss to 1050).
When you go out and don't have time to watch the market, just set a hard stop loss at 3% to prevent getting liquidated by the market makers.
Stop-loss is not a shame, but a ticket to survival.
Five, funds must be withdrawn once a week.
This is the habit I developed the earliest.
Every Friday, without fail, take 30% of the profits.
No matter how much you earn or lose, first withdraw to your bank card from the account, and then talk about the next step of position rolling. If you persist in this action for 3 months, you will find that you have finally jumped out of the dead loop of repeatedly going to zero.
Six, remember these few taboos
Do not exceed 10 times leverage; beginners should ideally keep it within 3 to 5 times.
You can have a maximum of 3 orders per day for contracts, and going long can easily lead to getting carried away.
Stay away from Dogecoin, Shitcoin, Meme Coin, all are high volatility + low value games for the manipulators.
Never borrow money to trade cryptocurrencies, even if you think this time you will definitely win.
And one most important point:
Cryptocurrency Trading is not gambling with your life; it is a profession.
You need to have the rhythm of a working person: check the market at the right time, shut down at the right time, take profits and leave, stop when you incur losses.
Don't stay up late, don't chase the price, and don't fantasize about free money falling from the sky.
Doing this for three months, you'll find that making stable profits is more important than getting rich quickly.
You are not unable to make money; you just haven't learned how to live while holding on to profits.
Remember this logic, the next Cullinan might just be parked under your building.
#BTC ETH #合约 crypto world #Cryptocurrency Trading