Hey everyone, I'm Lao Kan, just an ordinary guy from the countryside, now making my way in Shenzhen.
I've been grinding in the crypto space for years, scaling up from small funds to a decent size; I'm a real practitioner in the crypto world.
My core strategy always boils down to one thing:
Position management, steady and solid.
This method has enabled my profits to grow steadily, and my friends who follow my lead see results in the short term.
Today I’m sharing, how much you get from this depends on you.
First, divide your funds into several parts, only use one part at a time.
Set your stop-loss ratio; if you make a mistake, you only lose a tiny fraction of your total funds. Only if you keep messing up will you lose a significant portion. If you’re right, set a reasonable take-profit, and you won’t fear being underwater, right?
Second, go with the trend, don’t try to catch the bottom.
In a downtrend, each bounce is usually a trap to lure buyers, and in an uptrend, each pullback is an opportunity. Buying at a lower price is always easier than catching the bottom.
Third, avoid coins that have recently surged.
Whether mainstream or altcoins, after a sharp pump, it's tough for them to keep climbing. Stagnation at high levels is a signal to exit; don’t gamble on further gains.
Fourth, use MACD for entry and exit.
A key golden cross breakout is a solid entry point, while a dead cross at high levels signals to reduce your position.
Fifth, never average down when you're in the red.
Averaging down is the biggest trap for retail traders; only add to your position when you're in profit, let your gains run.
Sixth, volume is the soul of crypto.
Pay attention to volume surges at low levels; if there's a high volume but stagnation at high levels, it's time to exit decisively.
Seventh, only trade in an upward trend.
For short cycles, make short plays; for medium cycles, do swing trades; for long cycles, ride the main wave. Following the trend gives you the highest win rate.
Eighth, review each session. Check your holding logic and direction, and adjust your strategy in a timely manner.
Each of these points is something I've earned with real money.
For those brothers looking to turn their fortunes around steadily, follow Lao K, I set the rules, and you take the profits. Spots in the trading team are running low; action is the only answer.
I've been grinding in the crypto space for years, scaling up from small funds to a decent size; I'm a real practitioner in the crypto world.
My core strategy always boils down to one thing:
Position management, steady and solid.
This method has enabled my profits to grow steadily, and my friends who follow my lead see results in the short term.
Today I’m sharing, how much you get from this depends on you.
First, divide your funds into several parts, only use one part at a time.
Set your stop-loss ratio; if you make a mistake, you only lose a tiny fraction of your total funds. Only if you keep messing up will you lose a significant portion. If you’re right, set a reasonable take-profit, and you won’t fear being underwater, right?
Second, go with the trend, don’t try to catch the bottom.
In a downtrend, each bounce is usually a trap to lure buyers, and in an uptrend, each pullback is an opportunity. Buying at a lower price is always easier than catching the bottom.
Third, avoid coins that have recently surged.
Whether mainstream or altcoins, after a sharp pump, it's tough for them to keep climbing. Stagnation at high levels is a signal to exit; don’t gamble on further gains.
Fourth, use MACD for entry and exit.
A key golden cross breakout is a solid entry point, while a dead cross at high levels signals to reduce your position.
Fifth, never average down when you're in the red.
Averaging down is the biggest trap for retail traders; only add to your position when you're in profit, let your gains run.
Sixth, volume is the soul of crypto.
Pay attention to volume surges at low levels; if there's a high volume but stagnation at high levels, it's time to exit decisively.
Seventh, only trade in an upward trend.
For short cycles, make short plays; for medium cycles, do swing trades; for long cycles, ride the main wave. Following the trend gives you the highest win rate.
Eighth, review each session. Check your holding logic and direction, and adjust your strategy in a timely manner.
Each of these points is something I've earned with real money.
For those brothers looking to turn their fortunes around steadily, follow Lao K, I set the rules, and you take the profits. Spots in the trading team are running low; action is the only answer.