How Xiaobai Turned His Life Around in the Crypto World in One Year
When entering the crypto world with limited funds, do not rush. If your account balance is less than 200,000, avoid frequent full-position operations; seizing a single opportunity is enough to prevent depleting your funds through overtrading.
Understanding the depth of the market determines your returns. Beginners can first practice with a simulated account to avoid the risks of mistakes in real trading. Truly understanding the market can help you make wiser decisions.
When encountering good news, do not rush to sell. It is most appropriate to sell the next day if the price rises. Be cautious during holidays; consider reducing or liquidating positions in advance to avoid exacerbated market fluctuations.
The key to medium to long-term operations is "rolling operations." Sell appropriately when prices increase, and add positions when they decrease; maintain flexibility and steadily accumulate.
For short-term trading, pay attention to trading volume and chart patterns, and select active cryptocurrencies. When the market drops rapidly, rebounds may also happen quickly; mastering this rhythm can help capture short-term opportunities.
When mistakes occur, promptly cut losses to protect your capital so you can continue trading. For short-term trades, observe the 15-minute candlestick chart and use technical indicators like KDJ to find suitable timing.
In the crypto world, there's no need to master all techniques; mastering a few practical indicators and forming your own trading system while staying calm can lead to steady profits.