The Eternal Earning Principle in Crypto, Can You Really Make 2000 Times Your Investment in Two Years? 🔥🔥🔥
After trading crypto for two years, I turned a principal of 50,000 into 20 million, accumulating some trading insights along the way:
1. Split your capital into 5 parts, invest one-fifth each time, and set a 10% stop loss. A single mistake results in a 2% loss of total capital, and you only lose 10% after 5 consecutive mistakes; if you profit, set a take profit above 10% to reduce the risk of being trapped.
2. To increase your win rate, you must follow the trend. A rebound in a downtrend is often a trap, while a pullback during an uptrend is often an opportunity. It's better to buy on the way down than trying to catch the bottom.
3. Avoid coins that experience a short-term surge; major upward trends are rare, and after a surge, many coins show weakness and stagnation, followed by a high probability of decline. Don't harbor any illusions.
4. Use MACD to determine timing; enter when a golden cross crosses above the 0 axis from below; if a death cross occurs above the 0 axis, reduce your position in a timely manner.
5. Do not engage in averaging down on losses, that is a big taboo; it will only result in greater losses; add to your position only when you are in profit.
6. Pay attention to volume and price indicators; watch for breakouts during low-level consolidation, as trading volume is crucial.
7. Only trade coins in an upward trend; a rising 3-day moving average indicates short-term opportunities, a rising 30-day moving average indicates a mid-term trend, a turning 84-day moving average indicates a major upward trend, and a rising 120-day moving average indicates a long-term bull market.
8. Review after each trading round; check if the logic of holding coins and the weekly candlestick chart have changed, and adjust your strategy accordingly.
As a seasoned crypto investor, I freely share my experiences and insights. Interested in crypto but don’t know where to start? Click on my profile to see my introduction and witness the miraculous moments together $BNB $BTC $ETH #币安ME开盘 #加密市场回调 #市场回调抄底还是观望? #币安MOVE开盘