Newbies in the crypto world want to quickly turn a few k into 1 million. You just need to remember what I say in these few sentences, and you are already halfway to success! $BTC $ETH $XRP
1. Short-term
1. Focus only on the top ten mainstream coins every day, based on current market hotspots, news, daily MACD golden cross, BOLL tightening and opening, combined with market trends, comprehensively consider and select highly volatile varieties for trading.
2. Control your position size:
50k divided into 20% means 5 parts, taking one part each time to build a position.
3. Never go all in, at most 50%, always keep 50% in reserve waiting for opportunities.
4. Do not make more than 3 trades in a day; you need to keep it under control.
5. Never average down; if you enter a position and it loses 30%, exit promptly. This indicates that the timing of your entry was incorrect.
6. Set a stop loss at 30% break, unconditionally close the position, do not hold onto the order, holding onto the order will lead to death.
7. Never fall in love with candlestick charts, enter and exit quickly, remember!!!
8. Go with the flow, trends are king, only engage with mainstream, not with small altcoins!
2. Crypto world lifesaving mantra (recommended to memorize)
1. Don't rush to run away when there's a big drop in the morning; usually, there will be a rebound in the afternoon!
2. In the afternoon, if there is a big rise, reduce your position, as there is a high probability of a pullback in the evening!
3. A rising trend with decreasing volume will continue to rise, while a declining trend with decreasing volume will continue to decline.
4. There will be an increase before major meetings or favorable news, but it will drop once it happens.
5. During the day, there will be a continuous drop in the domestic market to buy the dip, and at 21:30, foreigners will pump the market.
6. The key signal factors for buying and selling are the pin bars; the deeper the pin, the stronger the buy and sell signals.
7. When you are heavily invested in a position, you will definitely face liquidation. Why? You should pay close attention to the liquidation list on the exchange.
8. When your short position's stop loss is completed, it will definitely drop, not to trick you out or explode, how could it drop? For example, TRB.
9. When you are about to break even, just a little more, and the rebound suddenly stops, how could it make you close your position and run away?
10. When you take profit, you just pop the champagne, how can you pump the price if you don't get out of the car? The car is too heavy.
11. When you are excited, the violent waterfall arrives as expected, and your excitement is also a lure from the big players. #加密市场回调 #晒出我的Alpha积分 #今日你看涨还是看跌?