Cryptocurrency contract game secrets: Experience sharing of six-year veterans

After six years of working in the cryptocurrency circle, I have experienced a tortuous journey from earning 10 million to being in debt of 8 million, and then to making a profit of 20 million. Today, I would like to share with you some of my valuable experience in contract trading, hoping to help you.

1. Total warehouse control: stability first

In contract trading, I always adhere to the principle of total warehouse setting. For example, I always keep the funds of an account at 300U. In this way, my maximum loss is limited, and once the market trend is favorable, I have the opportunity to obtain rich returns. This setting allows me to control risks and seize market opportunities.

2. Starting amount: a small trial

My starting transaction amount is always very low, which is based on the concept of stock tycoon Levi Moore. I think that if it is right at the beginning, it is best to make money at the beginning. Therefore, the amount I start to test the water is often only single-digit or tens of U to ensure that I am in a profitable state at the beginning of the transaction.

3. Position-adding strategy: follow the trend

I will only use profits to add positions when there is profit and the trend is obvious. Such a strategy allows me to further magnify profits when the market trend is favorable, while avoiding increasing risks in an unfavorable market environment. I always believe that following the trend is the key in trading.

4. Stop loss setting: flexible adjustment

In trading, I will adjust the stop loss position in time according to market conditions to ensure that I will not lose my principal. This is an important principle I adhere to in trading. It helps me stay calm in market fluctuations and avoid emotional trading decisions.

Finally, I would like to remind novice players: contract trading is very challenging to human nature. Unless you can insist on trading with only a very small amount of money, such as 100U, 300U, etc., this is in line with the strategy of "small wins big". I share the method, hoping to give some reference and inspiration to contract players. In trading, please be cautious and rational, and do not blindly follow the trend or impulsive trading. #美联储11月降息预期升温 #SUI网络TVL创历史新高 to #比特币盈利供应能否推动价格上涨?