It's been 7 years since I entered the crypto world, and today I want to share some trading tips with you! I hope this helps.
Assuming you have 60,000, how should you start with this 60,000?
Remember, this 60,000 must be your pure profit; if you're at a loss, don't read any further.
Assuming Bitcoin is at 10,000 when you open a position, you set a 10x leverage and use the isolated margin mode, only opening 10% of the position, which is 6,000 as margin.
This is actually equivalent to 1x leverage with a 2% stop-loss.
Did you hit the stop-loss? You only lost 2%, which is 1,200! How do people get liquidated? Even if you really get liquidated, you only lose 6,000, right? How could you lose everything?
By the way, what if Bitcoin rises to 11,000?
You then open another 10% of your total capital, still setting a 2% stop-loss. Did you hit the stop-loss?
You still made 8%! Risk? Who said the risk is high?
Rolling over sounds scary?
Let’s put it another way, call it adding to your floating profit, sounds much better.
You don’t have to maintain 5-10x leverage all the time; two or three times is enough.
The key is adding to your floating profit, always maintaining your total position at two or three times.
Playing with Bitcoin is very safe!
As long as you have patience, time is your ATM. Rolling profits can be huge; if you succeed a few times, making a million is not a dream!
So, don’t roll over easily; you need to find those high-certainty opportunities. What is a high-certainty opportunity?
It’s when there’s a sharp drop followed by sideways movement, multiple bottoms, and then a breakout.
At this time, the probability of following the trend is very high!
Want to earn 1 million? 100,000 is enough, and this 100,000 can be done with no risk.
You can initially invest 100,000, wait for the crypto market to kill retail investors, then buy spot to earn 100,000 in profit.
Then use 50,000 of this 100,000 profit to gamble. If you want to make big money, you have to dare to gamble! When a good opportunity comes, roll over, two or three times leverage, and you can get out in one or two tries.
Lost the bet? If you lost 50,000 in profit, invest another 50,000; if all the profits are gambled away, stop and continue to rely on the 100,000 principal to earn profits.
It sounds simple, but you need patience, an unimaginable amount of patience.
Recently, the altcoins to watch: SUI, ZEN, PNUT.
The previous wave of market layout with DOGE, XRP, CRV, APT, OP, UNI, LINK, EIGEN, ENA, etc., has also achieved good returns, with no less than five doubling.
The crypto market is full of uncertainty and challenges, but it also contains potential opportunities. Investors participating in crypto investments should fully understand the associated risks, remain calm and rational, and respond to market changes with a steady strategy! Make friends widely.