Want to turn around in cryptocurrency trading? First, manage that restless heart of yours! I also came from a place where I lost everything, until I understood one principle: this market specializes in treating all kinds of disobedience, but particularly favors those who are patient. The real secret to making money is one word—wait!
Look at those who stare at the market every day, chasing highs and cutting losses; nine out of ten are just paying fees to the exchange. All my big orders are placed between nine in the evening and one in the morning, when the market makers are most active and the fluctuations are most regular. The little skirmishes during the day are just retail traders cutting each other; smart people are taking a good nap.
Every time I make a 20% profit, the first thing I do is transfer 10% to a cold wallet. This tactic helped me avoid last year's three major crashes and retain over 80% of my profits. Remember, the money you pocket is your money! When looking at K-lines, don’t just focus on the ups and downs; the truly valuable information is hidden in the details. If the third volume bar of the 4-hour MACD shows a specific pattern, there's an 80% chance of a trend change. Last year, I relied on this signal to accurately escape the peak three times, getting out two days earlier than those watching the daily charts.
Setting stop losses is also a technical skill. Ninety percent of people's stop losses are killed by ineffective fluctuations. My secret method is to set "conditional trigger + time weighting"; price breakout doesn’t count unless it lasts for two minutes.
Withdrawing funds requires strategy as well. Every month on the 25th, without fail, I execute my "3-2-1" plan: 30% into stable coins, 20% withdrawn, 10% into gold, and the remaining continues to roll. This way, I won't miss market movements and can lock in profits.
During sideways trading, there’s a golden window period; by using on-chain data combined with contract positions, I can predict which way it will break out half a day to a day in advance. I’ve used this combo for a year, with an accuracy rate of over 80%.
Remember, the most valuable skill in this market isn't technical analysis; it’s being able to sit on the sidelines. When you can hold off on trading for 14 days, you can truly consider yourself a beginner. Those who can’t resist trading every day will eventually give their profits back.
Trading cryptocurrency is like hunting; the best hunters know that most of the time is spent waiting, and pulling the trigger is just a moment.
