Retail investors worldwide often share common weaknesses: they hold on during losses and rush to sell when profits begin to appear, completely ignoring trends and trading volume, focusing only on small account profits. A rational investment strategy should do the opposite: hold profitable positions under certain conditions, and set a stop-loss if losses exceed 5% of the principal. For instance, if a profit target of 15% is set, take profits if it falls back to 10%, and continue to hold if it rises further. Simulating 100 trades with a win rate of 50%, this principle can yield a 300% return. The key is to overcome greed and fear, align actions with knowledge, and remember to follow the trend.
Trend judgment can be aided by moving averages; an upward moving average indicates a bullish trend, while a downward one indicates a bearish trend. For short-term trading, refer to the daily moving average and follow when there is a breakout; for medium to long-term, rely on the weekly moving average, entering on breakouts and exiting on breakdowns. In unfavorable market conditions, it is advisable to stay in cash; do not recklessly attempt to catch a bottom in a declining cryptocurrency market, as the probability of profiting against the trend is low. Instead, focus on high-probability opportunities, abandon low-probability speculation, and be brave enough to recognize mistakes and set stop-losses for long-term success, which is more important than short-term profits.
For short-term operations, pay close attention to 15-minute to 1-hour candlestick charts, using KDJ to determine entry and exit points for the day, and analyzing OBV to gain insight into the intentions of major players. During a washout, volume narrows, while it increases during selling. When a strong coin encounters a risk announcement, short-term volume often shrinks, but there remains a possibility for new highs later. Investors must deeply understand these key points to build a scientific investment system, increasing their odds of success in a complex and changing market, avoiding risks, achieving steady asset appreciation, and maintaining long-term value without being swayed by emotions, but rather driving investment behavior with rationality and professionalism.
As a seasoned cryptocurrency investor, I, Tu Fei, share my experiences and insights. Interested in the cryptocurrency space but don’t know where to start? Follow me and check my profile to achieve freedom in this bull market.