Three Years of Trading Coins: Insights on How to Win Steadily
Over the past three years, I grew an initial investment of 10,000 to 10 million. This journey has been full of challenges and experiences. Here are some key insights summarized, hoping to inspire everyone:
• Capital management is the cornerstone of success
Divide the capital into five parts, using only one-fifth each time, and set a strict stop-loss line — each trade should not lose more than 10%, and total capital loss should be controlled within 2%. Even if there are five consecutive mistakes, the total loss is only 10%, but once an opportunity is seized, profits can often easily cover the losses.
• Follow the trend, don’t go against the flow
• Don’t rush to catch the bottom during a decline; most of them are traps to lure buyers. Be patient and wait for clearer signals.
• Also, don’t be in a hurry to sell during an uptrend. This could be a “golden pit”; buying low is often more stable and reliable than trying to catch the bottom.
• Stay away from coins that experience short-term surges
Whether mainstream coins or altcoins, coins that continuously surge are rare. Most will suffer from stagnation or even correction after a surge. Don’t rely on the luck of betting on miraculous surges at high positions.
• Make good use of technical indicators
• MACD is a practical tool: consider buying when the DIF line and DEA line cross upwards below the 0 axis and break through the 0 axis; conversely, consider reducing positions when they cross downwards above the 0 axis.
• Supplementing positions should have rules: never supplement during losses; only add positions when in profit, otherwise, it may lead to deeper entanglement.
• Trading volume is the soul of the coin market
• Pay attention to low-volume breakouts; these are important market signals.
• Stick to trading coins in an upward trend, observing the 3-day, 30-day, 84-day, and 120-day moving averages; when they turn upwards, it often indicates a trend establishment.
• Review and strategy adjustment
After each trade, review it, re-examine the holding logic, and adjust the operating strategy flexibly based on weekly candlestick trends.
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