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#DOGE# : "The Survival Manual for the Crypto World: Eight Years of Experience Summarized, Not Talking About Getting Rich, Just Talking About Making Money to Survive"
I have been in the industry for eight years, from the initial liquidation, anxiety, and sleepless nights, to now stable profits and an annualized return of over 70%. The deepest realization I've had along the way is:
In the crypto world, first talk about "surviving", then talk about "making money".
First, if there is a profit, cash out first.
Making money in the crypto world is not difficult; the hard part is whether you have the ability to "take the money out."
The discipline I set for myself is:
For every additional 1000U in the account, immediately withdraw 400U to the bank card.
Continue to roll over the remaining ones. You need to be clear about one thing:
What is in the account is unrealized profit, what is in the bank account is real money.
Don't fantasize about "doubling your money in one go"; most people end up losing their principal in the obsession of "earning just a little more."
3. Indicators are primary, emotions are secondary.
Stop relying on "feelings" for trading; that's a sign of retail investors.
It is recommended to use TradingView, primarily focusing on the following three indicator combinations:
•MACD
•RSI
•Bollinger Bands
Strategy:
At least two indicators must form the same direction signal before considering entry.
• Short-term trading looks at the 1-hour chart, while trend judgment uses the 4-hour chart.
•Don't look at such high noise periods for 5 minutes, it's too easy to be misled by false signals.
Example: For instance, if you want to go long on ETH, you should at least see two consecutive 1-hour candlesticks above the middle Bollinger band and a MACD golden cross before considering entering the market.
4. Stop-loss must be set to "stay alive"
Stop-loss orders can easily be triggered, especially in the high-volatility market of the crypto world.
Suggest two methods:
1. When you have time to monitor the market, dynamically raise the stop-loss position to protect the profits you have gained.
2. Set a hard stop loss during busy times, for example -3%, so you can avoid extreme market conditions without monitoring the market.
Stop-loss is not weakness, but the bottom line for professional traders.
Five, fixed weekly withdrawals
I have set a fixed habit: to withdraw 30% of the profits to the account every Friday.
Regardless of this week's gains or losses, as long as there is profit, cash out a portion first. Keep doing this, and after three months you will find that the account's fund curve is healthier and the emotional fluctuations are smaller.
This step can help you break out of the cycle of starting over and going back to zero.
Six, clarify the red line, refuse high-risk operations.
A few principles that must be kept in mind:
•Leverage should not exceed 10 times, beginners are advised to control it within 3 to 5 times.
•A maximum of 3 operations per day, frequent trading = emotional loss of control
• Stay away from Dogecoin, Shitcoin, Meme coin - high volatility, low value, all tools for harvesting leeks.
•Do not borrow money to trade coins, no matter how confident you are.
The most important point:
Treat trading coins as a "profession", not as "gambling".
Watch the market when it's time to watch, and rest when it's time to rest. Don't stay up all night staring at the screen, and don't chase after price increases or drops. What you want is long-term stability, not short-term highs.
You don't lack the ability to make money; you just haven't learned how to stand firm in the storm.
When you have a complete set of stable, replicable, and clearly defined risk control trading strategies—
You will understand:
The sense of security in making stable profits is far more precious than getting rich quickly.
If you also want to live a little longer and more steadily in the crypto world, remember this method, execute it, and perhaps you are just one "true execution" away from a life of freedom.