Many people enter the crypto world like gamblers, feeling the urge to trade at any moment. I have been trading for over ten years, and in the early days, I also lost sleep over my losses. Later, I figured out the patterns. Now, I can consistently earn over 50% profit each year, relying on these seemingly simple yet lifesaving methods.
**7 Guaranteed Methods**
**1. Do not act decisively without certainty**
The market hasn't shown the pattern signal you practiced repeatedly, no matter how uncomfortable it is, you have to endure. Scrolling through Douyin and taking a walk is a hundred times better than blindly placing orders. Even playing mahjong emphasizes being certain before making a move, and trading follows the same principle.
**2. Seize the stable market conditions at night**
During the day, news flies everywhere, and the market is erratic, making it hard to see clearly. After nine o'clock in the evening, the market operation rhythm stabilizes, and the trends become clearer, making it a more favorable time to enter the market.
**3. Take profit in installments**
Earned 1000U? First transfer 300U to your bank account and lock it, then continue to gamble with the rest. I've seen too many people who earn enough money to buy luxury cars but still don't know when to stop, eventually losing every last penny back.
**4. The Three Musketeers of Technical Indicators**
Only when the three signals of MACD golden cross and death cross, RSI overbought and oversold, and Bollinger Bands opening and closing align on TradingView can an order be placed. One or two are not enough; all three must be complete.
**5. Dynamic Stop Loss + Hard Stop Loss Combined**
Use a mobile stop loss in front of the computer, and raise the stop loss line by 50U after earning 100U. When going out, set a 5% hard stop loss so that even if there is a night market crash, the principal will not be harmed.
**6. Friday must share profits**
No matter how much was earned this week, transfer 30% to the bank card on Friday at 3 PM sharp. It's never too much to emphasize that securing profits is important.
**7. There are tricks to reading candlestick charts**
If you want to seize opportunities quickly, focus on the 1-hour chart. When you see two consecutive bullish candles hitting a consolidation area, switch to the 4-hour chart to look for support; it's more accurate than finding a restroom sign.
**Pitfalls to Avoid**
A leverage of more than 10 times is playing with fire; for beginners, a 3 times leverage is sufficient for practice. Coins like shitcoin and dogecoin are essentially worthless and are just for harvesting retail investors. At most, place 3 orders a day; if you can't stop being greedy, you're bound to crash.
The last sentence: The more Zen the crypto world traders are, the fuller their wallets become.
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PrideDrivesProgress
· 21h ago
Newbie should learn from the teacher.
View OriginalReply0
PrideDrivesProgress
· 21h ago
Well said👍🏻
View OriginalReply0
GasGrillMaster
· 22h ago
Over a decade of experience says it's all true, but why am I still so impulsive...
Many people enter the crypto world like gamblers, feeling the urge to trade at any moment. I have been trading for over ten years, and in the early days, I also lost sleep over my losses. Later, I figured out the patterns. Now, I can consistently earn over 50% profit each year, relying on these seemingly simple yet lifesaving methods.
**7 Guaranteed Methods**
**1. Do not act decisively without certainty**
The market hasn't shown the pattern signal you practiced repeatedly, no matter how uncomfortable it is, you have to endure. Scrolling through Douyin and taking a walk is a hundred times better than blindly placing orders. Even playing mahjong emphasizes being certain before making a move, and trading follows the same principle.
**2. Seize the stable market conditions at night**
During the day, news flies everywhere, and the market is erratic, making it hard to see clearly. After nine o'clock in the evening, the market operation rhythm stabilizes, and the trends become clearer, making it a more favorable time to enter the market.
**3. Take profit in installments**
Earned 1000U? First transfer 300U to your bank account and lock it, then continue to gamble with the rest. I've seen too many people who earn enough money to buy luxury cars but still don't know when to stop, eventually losing every last penny back.
**4. The Three Musketeers of Technical Indicators**
Only when the three signals of MACD golden cross and death cross, RSI overbought and oversold, and Bollinger Bands opening and closing align on TradingView can an order be placed. One or two are not enough; all three must be complete.
**5. Dynamic Stop Loss + Hard Stop Loss Combined**
Use a mobile stop loss in front of the computer, and raise the stop loss line by 50U after earning 100U. When going out, set a 5% hard stop loss so that even if there is a night market crash, the principal will not be harmed.
**6. Friday must share profits**
No matter how much was earned this week, transfer 30% to the bank card on Friday at 3 PM sharp. It's never too much to emphasize that securing profits is important.
**7. There are tricks to reading candlestick charts**
If you want to seize opportunities quickly, focus on the 1-hour chart. When you see two consecutive bullish candles hitting a consolidation area, switch to the 4-hour chart to look for support; it's more accurate than finding a restroom sign.
**Pitfalls to Avoid**
A leverage of more than 10 times is playing with fire; for beginners, a 3 times leverage is sufficient for practice. Coins like shitcoin and dogecoin are essentially worthless and are just for harvesting retail investors. At most, place 3 orders a day; if you can't stop being greedy, you're bound to crash.
The last sentence: The more Zen the crypto world traders are, the fuller their wallets become.