#To maintain consistency in profits from cryptocurrency trading:
1. *Risk management*: Define loss limits and diversify investments. 2. *Technical and fundamental analysis*: Use indicators and follow the news. 3. *Planning and discipline*: Have a clear trading plan and avoid impulsive decisions. 4. *Continuous learning*: Learn regularly and adapt the strategy. 5. *Tools and platforms*: Use advanced features and consider automation.
By combining these elements, you can improve the consistency of your profits.
A piece of advice that saved me in spot: I’m using the example of crypto ONE/USDT
*Stop trying to win at the top—win at the bottom.*
95% of spot traders lose because they buy when it’s green +23% like ONE today. In spot you can’t short—you only profit if you buy at the bottom.
My golden rule:
*1. Never buy at the top of the candle.* If the price is +15% above the 7 EMA (like now 0.002660 vs 0.002334), you’re someone else’s exit liquidity.
*2. Wait for the blood at the bottom.* Set alerts. When the 1h RSI < 35 and price touches the 99 EMA at the bottom, that’s when you buy in stages.
*3. Sell in stages at the top.* No one has ever lost by taking profit. Sell 30% at +20%, 30% at +40%, and let the rest run.
Today on ONE, if you didn’t enter at the bottom at 0.00205, don’t chase up. The market will give you another entry at the bottom tomorrow. In spot, patience is your leverage.
Do you want me to make you a watchlist of the levels at the bottom to monitor for ONE this week?
#ONE Those who know how to read the market and have an incredible psychology will benefit twofold; they will place a buy order between 0.0025 and 0.0023, and a rebound is likely.
To be a profitable trader, you need to observe the market 90% of the time and 5% or 10% to take action. The market always does the same thing: supports and resistances. So never buy at resistance. Profitability generally comes from buying at the support level, which also helps reduce losses.
*Current price:* 0,002660 - +23% - it’s a vertical PUMP. It went from 0,002046 at the bottom to 0,002700 at the top in just a few candles.
*1. EMA - top / bottom:* - EMA(7): 0,002334 - EMA(25): 0,002225 - EMA(99): 0,002265
Here the price is very, very high above all the EMAs. When the price gets that high, it always ends up dropping back to touch the EMAs below. That’s the law.
Your closest bottom support: 0,002334 (EMA7). If it breaks down, the next support: 0,002265.
*2. RSI(6): 94,28 - DANGER* RSI > 70 = overbought. Here you’re at 94. That’s extreme. It means 95% of buyers have already bought. There’s nobody left at the top to buy. This is the moment when the whales sell at the top.
*3. The Binance risk note at the bottom:* "Harmony was exploited" - this coin was hacked in the past. Pumps like this on old coins are often liquidity traps.
*My plan for you dear traders:* - *DO NOT buy at the top now.* You’ll be buying the peak. - If you’re already in from the bottom at 0,002046, secure your position: sell 50% at the top now at 0,002660 - Wait for a pullback down to 0,00233 - 0,00230 to buy back. - Resistance at the top: 0,002700. If it breaks above 0,002700 with volume, it could go to 0,002850. But otherwise, a strong drop back down is expected.