Six key strategies for controlling risks when trading cryptocurrencies:

1. Fund management segmentation: Divide funds into five equal parts and use only one part for trading each time. Set a stop loss of 10 points, that is, the maximum loss of 2% of the total funds for each transaction. This method can effectively limit the loss of a single transaction and ensure that the overall funds will not be significantly affected by a single mistake.

2. Follow the trend: In a downward trend, each rebound should be regarded as an opportunity to lure more; in an upward trend, each pullback is a golden buying point. Trading in accordance with market trends can reduce the risk of reverse operations.

3. Avoid high-level stagflation currencies: Do not touch those individual currencies that have stagnated at high levels after a rapid surge in the short term, because they usually fall back naturally.

4. Use the MACD indicator: Use the MACD indicator to determine the entry and exit points of the transaction. A stable buy signal is when the DIF line and the DEA line form a golden cross below the 0 axis and break through the 0 axis; the signal for reducing positions is when the MACD forms a dead cross above the 0 axis and runs downward.

5. Add and reduce positions at the right time: Never cover positions when you are losing money, but consider adding positions when you are making a profit. At the same time, pay attention to volume and price indicators. A large-volume breakthrough during low-level consolidation is a buy signal, and a high-level large-volume stagnation is a sell signal. Focus on those valuable currencies with a strong upward trend.

6. Regular review and adjustment of strategies: Conduct transaction reviews every week, evaluate the success and failure of transactions, and adjust trading strategies accordingly. This helps to correct errors in a timely manner and improve the efficiency and success rate of transactions.

These strategies are lessons learned from personal practice and summary, and I hope they can provide reference and guidance for everyone in the process of currency speculation.

#VanEck提交首个SolanaETF #币安合约锦标赛 #以太坊ETF批准预期 #Mt.Gox将启动偿还计划 #美联储何时降息？

To learn more about the first-hand information and in-depth analysis of the currency circle? Click on the avatar to see my introduction to the industry, and bring you the latest market analysis and high-quality potential currency recommendations every day! ! !