I have a senior in the crypto world, who lost a lot with me when LUNA crashed back then. We were drinking and chatting, and he said something that I still remember to this day.


"This market is full of a rabble; as long as you control your emotions, it becomes an ATM."
That makes sense.
During a bull market, everyone is shouting "Hold on, hold on," but when the market crashes, they panic and cut their positions.
The people who really make money are those who clear their positions when others are greedy and buy the dip when others are fearful—
In a nutshell: against human nature
I went from being a novice to my current state by relying on my own trading logic. I want to share with you a few of the most practical tips and tricks, without any fluff.
Enter steadily
Don't get too excited and go all in when the market is sluggish; first, feel the rhythm of the fluctuations, and don't think about making a huge profit on your first trade.
Sideways trading requires patience.
If it stays low for a long time, it's accumulating momentum; if it stays high for a long time, it is likely to plunge.
Buy low and sell high.
Sell on the rise, buy on the dip.
If you chase the highs, you can only be a stepping stone for others; when it drops sharply, that's the opportunity, but don't blindly catch the falling knife, look at the position and the structure.
Buy on a bearish candle, sell on a bullish candle
This is the hardest part to do.
Because most people feel excited when they see a large bullish candle and fearful when they see a large bearish candle - but in fact, it is just the opposite.
Buy the dip in the morning and sell the rise in the afternoon.
I have been using this rule, and although it is not 100% accurate, the probability of being correct in the general direction is very high.
Trading infrequently is what makes a master.
Don't take a position when the market is flat, just wait for a breakout. The more you want to make quick money, the easier it is to get liquidated.
There are several practical trading strategies, such as high selling and low buying in a sideways range, following breakout trends, going with the trend in a one-sided market, and countering at important support and resistance levels. I can now apply all of these proficiently.
In the past, I was confused when looking at technical charts, but now I can roughly judge the trend with just one candlestick.
Finally, a reminder: trading coins is actually about the mentality.
When the market comes, I don't dare to enter; when it falls, I don't dare to average down; when I make a profit, I can't bear to exit; when I incur a loss, I don't dare to cut my losses.
If you're feeling a bit confused right now, why not take a moment to stop, reflect on the path you've taken, and ask yourself: do you have a strategy for trading, or are you just gambling?
I have witnessed a group of people go from 10,000U to hundreds of thousands, and I have seen even more people lose everything from hundreds of thousands.
Those who can stay in the crypto world are not the most technically skilled, but the most stable.
LUNA4.24%
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