Technical analysis and risk control strategy When conducting technical analysis, I pay special attention to the specific position of the short-term K-line. The position of the K-line determines my offensive and defensive strategies. For example, when the K-line approaches an important support or resistance level, I will be more vigilant and ready to take corresponding actions.
Long and short judgment: I will decide whether to go long or short based on the comparison of long and short forces in the market. If the long side is dominant, I tend to go long; otherwise, I consider going short. Before each transaction, I will set the stop profit and stop loss points to control the risk.
Long strategy: Even if the market has experienced a large increase, I may not go short immediately. If the risk of chasing high is acceptable compared to the potential profit after calculation, then this chase is worth it. I will carefully evaluate the ratio of risk and reward to ensure that every step is based on evidence.
Short strategy: When I am bearish on the market, I may not go short immediately. If I already hold a profitable long order and the floating profit continues to expand, I will hedge by opening more shorts as the price rises to lock in part of the profit. In this case, strict stop loss is usually not set for newly opened short orders, but it is flexibly adjusted according to market changes.
Single direction strategy: When my position is only in one direction (either all long orders or all short orders), I will pay more attention to risk management and strictly set the take profit and stop loss points. Doing so can effectively control risks and avoid major losses caused by market reversals.
It is recommended to pay attention to the following currencies: SATS: It has performed well in the past two months. It is recommended to buy it in batches at low prices. It is expected to have significant positive news in September. PEOPLE: As a key currency, it is recommended to buy it at low prices. It is expected to have good performance before the November election. CKB: Consider short-term positions. There may be a certain increase in the short term. RGB++: There are new positive news, the activity on the chain has increased, and it is expected to usher in a short-term rise. Pay attention to the selling pressure of ETH. It is a wise strategy to buy at low prices.
Here is a method to short altcoins safely on the right side and make sure you make money. The winning rate is close to 100% (for reference only).
1. Watch BTC first and wait until it soars to a high position.
2. Then keep an eye on the altcoin you want to short and wait until it rises and forms a high point. Remember, don't rush to do it if there is no high point. It may be unpopular and be controlled by big investors.
3. Once BTC turns down, you can quietly open some short orders for altcoins to test the waters. If BTC climbs up again, withdraw quickly.
4. If BTC really goes down all the way and confirms that the decline is stable, then boldly increase your position to short that altcoin, but remember not to use too high a leverage, safety first.
In this way, following the general trend, shorting altcoins can also go smoothly. But remember, this is all about experience. Practice more and you will get the feeling naturally. Also, altcoins are risky, and the biggest taboo is greed!!! Write these two words on your forehead, whoever violates them will surely die, remember!! Run when you make money!! Remember to set a profit stop point!!
Bitcoin is currently in a transaction-intensive area, and its price fluctuations are relatively stable. Judging from the daily chart, Bitcoin has not shown a significant downward trend and remains relatively strong.
At critical moments, we need to keep our footing and remember the three principles of technical analysis, rather than being swayed by Trump's participation in the Bitcoin conference, macro liquidity, news, a certain indicator or the judgment of a certain netizen.
Today's hot news #Cryptocurrency# #Ethereumeth# #Bitcoin# 1. Top three hot search list: MEW, ETH, BTC. Popular sectors: Inscription, BRC-20, Payment.
2. Bitcoin spot ETF dynamics: After 12 consecutive days of net inflow, Bitcoin spot ETF began to turn to net outflow, BTC price fell to around $65,000, ETH once fell below $3,300, and the market greed sentiment eased.
Tonight, Ethereum ETF is listed for the first time, and a new era of crypto investment is coming! Easy trading, safe investment, seamless connection between digital currency and traditional finance.
A wealth opportunity that cannot be missed, are you ready? #btc #量化机器人 #量化交易
The principal is 1000u, and the seven-day profit is quantified. It doesn’t matter whether you trade long or short, as long as you can get the most accurate period. Forget about long or short, just look at the opening position, profit and loss ratio, stop profit, and stop loss.
I would like to ask those big guys who have experienced the bull market, what is the most comfortable way to live in a bull market and have a villa by the sea?
I have been making small losses during this period and I dare not play with large funds. I always feel uneasy and that the market is going to fall. Is there no hope?
2024 Bitcoin #BTC Halving: Value Surge or Miner Survival Crisis?
For some investors, the halving of Bitcoin in 2024 means that its value will skyrocket. They believe that as the supply of Bitcoin decreases, Bitcoin will become more scarce in the market, driving the price soar. In their eyes, Bitcoin is no longer just a digital currency, but also a safe-haven asset, and is even regarded as the digital gold of the future. These investors believe that Bitcoin will become the cornerstone of the future digital economy and its value will continue to rise. However, for others, the halving of Bitcoin is not good news, but a survival crisis. Especially for miners who rely on mining for their livelihood, the halving event may bring tremendous pressure. With the halving of Bitcoin rewards, miners may face the dilemma of a sharp decline in income, and some may even be forced to exit the market. For smaller miners, their living space may become increasingly narrow, and their livelihoods may be seriously threatened. Therefore, the impact of the 2024 Bitcoin halving event may be both a surge in value and a miner survival crisis. Against this backdrop, the future trend of the market remains full of uncertainty, and we need to continue to pay attention to cope with various challenges that may arise.