The most stable way to play the cryptocurrency contract
In cryptocurrency contract trading, it is crucial to seek a safe strategy. The following are some of the more stable ways to play:
1. Strict stop loss: set a clear stop loss position, and stop loss immediately once it is triggered to avoid greater losses. 1
2. Light position trading: adopt a low leverage strategy, and the leverage multiple should not be too high. It is generally recommended to be within 10 times to reduce the impact of market fluctuations.
3. Trend following: operate according to the mainstream direction of the market, go long in the upward trend and short in the downward trend to avoid counter-trend risks.
4. Enter the market in batches: buy or sell the total position in batches to avoid one-time heavy position operations and smooth the impact of market fluctuations.
5. Reasonable position holding: The contract trading position holding time should not be too long, and the position holding time should be determined according to market conditions and risk tolerance.
6. Calm mentality: stay calm, avoid being swayed by greed and fear, adjust positions in time, and avoid emotional operations.
7. Choose the right currency and be a good person: choose the right currency to trade according to the market conditions, go long on strong currencies in rising markets, and go short on weak currencies in falling markets. 2
8. Set stop loss and take profit: preset stop loss and take profit prices to reduce losses and protect profits during market fluctuations. 3
Through the above strategies, you can seek relatively stable profits in currency circle contract transactions while minimizing risks
