I have been in the cryptocurrency space for ten years, from the beginning of liquidation, anxiety, and sleepless nights watching the market, to now achieving stable profits of over 70% annualized, with my balance reaching eight digits.
Along the way, my deepest realization is to survive first, and then talk about making money.
Today, I share this with brothers and sisters still exploring the market; this is not a call for trades, but a practical trading manual focused on survival first.
1. When there is profit, take it first
Making money is not hard; the challenge is whether you can withdraw it.
My habit: for every additional 1000U in the account, I withdraw 400U to my bank card, and the rest continues to roll; what is in the account is floating profit, while what is in the bank is real money.
Don't think about doubling your money in one go; many people lose their principal trying to earn just a bit more.
2. Focus on indicators, set emotions aside
Do not trade based on feelings; that is a characteristic of retail investors.
Use TradingView, mainly looking at: MACD, RSI, Bollinger Bands.
Strategy: at least two indicators must align before entering the market, use the 1-hour chart for short-term trades, and the 4-hour chart for trends.
Example: when going long on ETH, wait until two consecutive 1-hour candlesticks close above the middle band of Bollinger Bands and MACD shows a bullish crossover before considering entry.
3. Stop-loss is about staying alive
Setting a fixed stop-loss can easily get hit.
When monitoring the market, dynamically move the stop-loss to protect profits.
When busy, set a hard stop-loss, for example, -3%, to guard against extreme market conditions even if not monitoring.
A stop-loss is not about being timid; it is the bottom line for professional traders.
4. Fixed withdrawals
Withdraw 30% of profits every Friday.
Regardless of profit or loss, take out a portion first.
After three months, you will find that your account curve is healthier, and your emotions are stabilized.
This can help you break free from the cycle of repeatedly going back to zero and starting over.
5. Clear red lines, refuse high risk
Leverage should not exceed 10 times; beginners should use 3-5 times.
A maximum of 3 trades a day; frequent trading leads to emotional loss of control.
Stay away from Dogecoin and meme coins; they are highly volatile and low value, tools for harvesting retail investors.
Do not borrow money to trade cryptocurrencies.
The key is to treat cryptocurrency trading as a profession, not as gambling.
Look at the market when you should, and rest when you should; do not stay up all night or chase after peaks and dips.
What you want is long-term stability, not short-term highs.
When you have a stable, replicable, and controllable risk strategy, you will understand that the sense of security from steadily making money is more precious than becoming rich quickly.
Wen Jing focuses on spot trading in Ethereum contracts; the team has positions available, hurry up to join #美SEC代币化股票交易计划 $ETH
