The pain of losing is always greater than the joy of winning. Not losing is also a gain, and the wisdom of not acting at the wrong time is, in itself, also a trading strategy.
Buy this to prove it: https://opensea.io/assets/matic/0x9889235febc1d62d54b2dbc39aca1661360898d0/1
老梁指导
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After trading cryptocurrencies for seven or eight years and accumulating 30 million in assets, what I want to tell everyone is that learning is fundamental and foundational. Only by strengthening oneself can one thrive in the cryptocurrency space!
1. If your initial capital is not very large, for example, under 100,000, being able to seize one significant market fluctuation each day is already sufficient. Do not be greedy or always hold positions!
2. If there is a major positive news and you don't sell on the same day, remember to sell at the high opening the next day. Positive news often turns into negative news when realized.
3. The news and holidays are also very important; when encountering major events, adjustments should be made in advance (reducing positions or even going to cash). Based on past experiences, whenever a significant event occurs, there will be substantial market fluctuations. If you cannot grasp the direction in advance, then wait for the market to come and follow the trend!
4. The strategy for medium to long-term positions must involve light positions to leave enough operational space. Steady operations are the best strategy; do not take heavy positions.
5. Short-term trading focuses on following the trend, entering and exiting quickly. Avoid being greedy and hesitant. In a volatile market, seek appropriate entry points, and if the market is stagnant, patiently wait in cash.
6. When market fluctuations are slow, rebounds are also slow. When market fluctuations are rapid, the corresponding pullbacks will also be quick!
7. If you enter the wrong position or direction, then cut losses in time (do not hesitate to hold on). Stopping losses is a form of profit; preserving capital is fundamental to survival in the market.
8. For short-term trading, you must look at the 15-minute K-line chart. Using the KDJ indicator can help you better capture suitable entry points.
9. There are countless techniques and methods for trading cryptocurrencies, but the most important thing is mindset. A person's mindset is crucial; the cryptocurrency space can easily make you feel the highs and lows, so adjust yourself accordingly. A good mindset already puts you ahead of most people in the cryptocurrency space.
Sale ends February 8, 2025 at 9:15 PM 🔃Please Share, that would help me🔃
Title: My First NFT: A Step Toward My Education
Hello, Binance community!
I’ve just created my first NFT, "The Impossible Feast", now live on the real website of OpenSea, please check.
This surreal piece depicts a domestic cat and a lion sharing a meal, symbolizing harmony and the beauty of imagining the impossible.
The reason behind this creation is deeply personal: I’m raising funds to pay for my university studies. Every bid or purchase will directly support my education and help me achieve my dream of graduating.
If you’d like to own this unique piece and support my journey, check it out here:
Sale ends February 8, 2025 at 9:15 PM 🔃Please Share, that would help me🔃
Title: My First NFT: A Step Toward My Education
Hello, Binance community!
I’ve just created my first NFT, "The Impossible Feast", now live on the real website of OpenSea, please check.
This surreal piece depicts a domestic cat and a lion sharing a meal, symbolizing harmony and the beauty of imagining the impossible.
The reason behind this creation is deeply personal: I’m raising funds to pay for my university studies. Every bid or purchase will directly support my education and help me achieve my dream of graduating.
If you’d like to own this unique piece and support my journey, check it out here:
Thank you for being part of our journey toward innovation and creativity. From DeFi to memes, gaming, and beyond, DEGO is just getting started. 🚀 Here's to a year filled with bold ideas, new frontiers, and exciting collaborations.
Let’s make 2025 the year of endless possibilities for DEGO and beyond! 💪✨
This is our 5th Christmas together, and we are so grateful for your continued support. Wishing you and your family happiness, health, and joy this holiday season.❄️
Trading is about quality, not quantity. Patience and discipline are as vital as technical knowledge. Trading daily without a clear strategy often leads to mistakes driven by greed or fear.
The Power of Waiting
Top traders wait for specific market setups before acting, relying on tools like:
1. Moving Averages (MA):
* MA7, MA25, MA99: Use crossovers to spot trends. Example:
- MA7 crossing MA25 (with MA99 below) signals a possible entry.
- A downward MA7-MA25 crossover suggests selling.
2. RSI (Relative Strength Index):
* Stay within 30-70 to avoid extremes.
* A positive divergence (RSI rising, price dropping) hints at an uptrend.
3. MACD:
* DIF crossing DEA in extreme zones confirms trends.
* A rising histogram with a positive crossover signals entries.
4. Volume with MA5 and MA10:
* Increased volume with MA5 crossing MA10 often supports trends.
5. Japanese Candlestick Patterns:
* Hammer: Bullish reversal.
* Shooting Star: Bearish reversal.
* Engulfing Patterns: Confirm trend shifts.
Avoid Common Mistakes
* Overtrading: Not all opportunities are valid.
* Overexposure: Multiple open trades increase risk unnecessarily.
Smart Trading Practices
1. Plan Your Trades: Stick to defined entries and exits.
2. Log Every Trade: Journals improve consistency.
3. Limit Positions: Focus on one or two high-quality setups.
4. Be Patient: Waiting beats risking capital on weak signals.
Key Takeaway
The market rewards discipline, not greed. Trade selectively, wait for clear signals, and prioritize quality over quantity. Trading is a marathon—let the market come to you.
$DEGO To the moon, so high, that it won't be any need to sell! Bullish feeling! From bottom to top!
Dego Finance
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🎄 DEGO Christmas Giveaway! 🎁
✨ Rules: 1️⃣ Like + RT this post 2️⃣ Make a wish with #DEGO Santa and Let your Amigo retweet! 3⃣ If your comment has no replies, you win $100 in DEGO! 🎉
🏆 Total prize pool: $500 in DEGO. ⏰ Snapshot: 12 PM, Dec 25, 2024 (UTC).