(Purely practical sharing, all strategies are my own lessons learned from pitfalls.)
1. Protect your profits: Don't be greedy, the market specializes in punishing various forms of disobedience.
Earn 10% and sell directly at cost price upon drop: When the price surges and then turns down, as soon as it hits the cost line, don't hesitate to close the position immediately! At that moment, the market structure isn't worth anything; the capital is the real deal.
Earn 20% and secure 10% profit: For example, if you make 20%, first pull the stop-loss to 10% above the cost line, and let the remaining profit run. Don't always think about selling at the highest point; catching fish bellies is the safest.
Earn 30% and at least keep 15% profit: When profits start rolling in, manually adjust the stop-loss line. I usually keep half of the profit as a cushion, for example, when earning 30%, I set the stop-loss at 15% or more, so even if there is a pullback, I can exit with a smile.
Personal opinion: When the market goes crazy, no one can predict the peak, but the stop-loss line is your only talisman. Don't listen to those who say 'it can still double'; those who survive in the market are the ones who know when to retreat.
2. Cut losses quickly: Be swift in cutting losses, and do it stylishly
Cut losses decisively at 15%: Losing trades fear the most the need to average down, which results in deeper entrapment. My bottom line is a 15% loss must be cut; if you make a mistake, you must acknowledge it and stand firm.
Set stop-loss for every trade: Not setting a stop-loss when opening a trade is like driving without a seatbelt; a single black swan event can bring you back to square one. Don't complain about the hassle, placing a conditional order can save you.
Bloody lesson: Last year I held onto $SOL, initially losing only 10%, but ended up losing 40% before cutting it. Remember, the market is not short of opportunities, but it is short of capital.
3. Sell and buy back: Be flexible, don't fall in love with the coin
Sell and then buy back at the original price: If the price drops after selling and you are optimistic long-term, you can buy back the same amount near the original selling price, maintaining the same quantity but earning more capital.
Selling and then seeing a slight drop without buying back, only to see the price return to the original: It's better to pay a little fee than to stubbornly miss out. Market fluctuations are normal, consider the fees as insurance.
Core mindset: Trading is not a one-time buy/sell; liquidity and opportunity cost are more important than fussing over price. I often make multiple trades during a single market wave, earning much more than just holding.
Short-term essence: Fast, precise, and ruthless, not just aimless hustle
Chase hot spots early: When new coins are launched or positive news breaks, dive in during the first half hour to grab profits; following the trend later can lead to taking over someone else's position.
Empty positions are also a strategy: During chaotic markets, holding onto U and watching is not shameful. Forcing trades can lead to getting slapped from both sides.
Don't get caught up in extreme highs and lows: A 1%-2% difference in orders is not a big deal; place orders in the middle of the range, and prioritizing execution can help seize opportunities.
Lastly, a couple of words
My method suits the volatile and emotional crypto market, with three core points: Layer profits, decisively cut losses, and be flexible in operations without being stubborn. Newbies are advised to start with small amounts to practice, and increase positions once they gain a sense of timing.
The market is always smarter than people; what we need to do is follow the trend and earn money we can understand. The era of lone wolves is long gone; sticking close to reliable circles is much better than aimlessly pondering!
Follow Crypto Brother, and let him guide you to understand more first-hand information and knowledge about the crypto market at precise points, becoming your navigation in the crypto world; learning is your greatest wealth!#沃什美联储政策前瞻 #Bitcoin谷歌搜索量暴升 $ETH
