Newcomer 100U tactics, a must-read for beginners. Recently, many fans have mentioned that they are new to the game and don't know how to operate. The initial funds are also less than 1000u, and they asked me for any good strategies. Today, I will share my advice. For example, if you have 1000U, divide it into 10 portions and invest 100U each time. The recommended leverage is 20X. It is difficult for beginners to control their mindset with high leverage. The remaining 900U should be kept in the investment account. If you lose 100U, you must not think about margin replenishment. If you lose everything, do not think about margin replenishment either. First, what you need to do is reflect and summarize, and then take a rest for 1-2 days. Don't be afraid of missing out on market trends, as Bitcoin fluctuates all the time. There are big fluctuations every month, and it depends on whether you have the guts to play. Once you've adjusted, you divide the remaining 900U by 10 to get 90U per share, and then you invest it again. Be more careful this time, and try to make the money back. Assuming you earn 300U this time, you keep 100U and transfer the remaining 200U out. This way, you will feel more secure in your mind, and your mindset will be much better. Don't invest all of your money, or else if a black swan event happens, you will lose everything in one go. Start again from scratch. Objective to do contract trading, as long as you open 10X. If you go wrong, and fall 10%, you will be liquidated. Even if BTC fluctuates by 20% in a year, it is normal. If you go full position every time, no matter how much you earn before, it is meaningless. In the end, you will return to zero. It is common to walk by the river, and no one guarantees that you will be right every time. A powerful trader with a success rate of 60% is already impressive. Therefore, position management is very important. Even if you have a 90% win rate, one mistake can lead to irreversible consequences. Learn trading knowledge, implement light position operation, and reduce losses. Most people lose money in trading because they have insufficient understanding of the market and do not know how to control positions and manage risks. Therefore, avoid increasing positions when feeling bad, but reduce positions or close all positions. If the loss exceeds 2% of the total capital in a day, be alert. When the loss reaches 6%, liquidate all losing contracts, set the break-even price take-profit on profitable contracts, and rest for at least 2-3 days. Chasing rising prices is dangerous, unless market conditions are clear, do not blindly chase rising prices. Adding positions after making profits needs to be cautious, especially after making substantial profits, adding new positions often leads to failure. If you want to increase the position, either take immediate action or wait for a significant pullback to end, and follow the pyramid increase position method. When the margin profit exceeds 200%, set a 40% pullback take profit for half of it, and set a breakeven take profit for the other half. This is to protect profits and ensure that substantial profits do not turn into losses. Never trade when you are in a bad mood, feeling depressed, or have troubles in life. If there is an overall loss in the past 24 hours, take a rest for 2-3 days. Never trade against the trend, reduce trading frequency, and look for suitable entry opportunities. For correct trades, try to maintain a bottom position, as correct decisions may continue to bring returns. Newcomer suggestions: [👍] Small capital, starting from 30-50U. [👍] High leverage, 20 times leverage [👍] Stop Loss: Set a stop loss when entering the market, the stop loss is set at a loss of $20-30. [👍] Take Profit: Hedging take profit (profit retracement of 30%, take profit strategy) [👍] Profit withdrawal, deposit starts at $500-1000 each time, do not deposit too much. Practice well before considering increasing the position. Just need to catch the market trends like #People , #Yfii , #USTC , #AR , etc., 50U can achieve 2000-9000U, and 200U can achieve even more. As an investor who has been in the crypto world for many years, I am willing to share my experience and insights with you. If you are interested in the crypto world but don't know where to start, you can follow my page to explore the mysteries and future possibilities of the crypto world together. Click on my profile picture for more information.
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Newcomer 100U tactics, a must-read for beginners.
Recently, many fans have mentioned that they are new to the game and don't know how to operate. The initial funds are also less than 1000u, and they asked me for any good strategies. Today, I will share my advice.
For example, if you have 1000U, divide it into 10 portions and invest 100U each time. The recommended leverage is 20X. It is difficult for beginners to control their mindset with high leverage. The remaining 900U should be kept in the investment account. If you lose 100U, you must not think about margin replenishment. If you lose everything, do not think about margin replenishment either.
First, what you need to do is reflect and summarize, and then take a rest for 1-2 days. Don't be afraid of missing out on market trends, as Bitcoin fluctuates all the time. There are big fluctuations every month, and it depends on whether you have the guts to play. Once you've adjusted, you divide the remaining 900U by 10 to get 90U per share, and then you invest it again. Be more careful this time, and try to make the money back. Assuming you earn 300U this time, you keep 100U and transfer the remaining 200U out. This way, you will feel more secure in your mind, and your mindset will be much better. Don't invest all of your money, or else if a black swan event happens, you will lose everything in one go. Start again from scratch.
Objective to do contract trading, as long as you open 10X. If you go wrong, and fall 10%, you will be liquidated. Even if BTC fluctuates by 20% in a year, it is normal. If you go full position every time, no matter how much you earn before, it is meaningless. In the end, you will return to zero. It is common to walk by the river, and no one guarantees that you will be right every time. A powerful trader with a success rate of 60% is already impressive. Therefore, position management is very important. Even if you have a 90% win rate, one mistake can lead to irreversible consequences.
Learn trading knowledge, implement light position operation, and reduce losses. Most people lose money in trading because they have insufficient understanding of the market and do not know how to control positions and manage risks. Therefore, avoid increasing positions when feeling bad, but reduce positions or close all positions. If the loss exceeds 2% of the total capital in a day, be alert. When the loss reaches 6%, liquidate all losing contracts, set the break-even price take-profit on profitable contracts, and rest for at least 2-3 days. Chasing rising prices is dangerous, unless market conditions are clear, do not blindly chase rising prices. Adding positions after making profits needs to be cautious, especially after making substantial profits, adding new positions often leads to failure.
If you want to increase the position, either take immediate action or wait for a significant pullback to end, and follow the pyramid increase position method. When the margin profit exceeds 200%, set a 40% pullback take profit for half of it, and set a breakeven take profit for the other half. This is to protect profits and ensure that substantial profits do not turn into losses. Never trade when you are in a bad mood, feeling depressed, or have troubles in life. If there is an overall loss in the past 24 hours, take a rest for 2-3 days. Never trade against the trend, reduce trading frequency, and look for suitable entry opportunities. For correct trades, try to maintain a bottom position, as correct decisions may continue to bring returns.
Newcomer suggestions:
[👍] Small capital, starting from 30-50U.
[👍] High leverage, 20 times leverage
[👍] Stop Loss: Set a stop loss when entering the market, the stop loss is set at a loss of $20-30.
[👍] Take Profit: Hedging take profit (profit retracement of 30%, take profit strategy)
[👍] Profit withdrawal, deposit starts at $500-1000 each time, do not deposit too much.
Practice well before considering increasing the position.
Just need to catch the market trends like #People , #Yfii , #USTC , #AR , etc., 50U can achieve 2000-9000U, and 200U can achieve even more.
As an investor who has been in the crypto world for many years, I am willing to share my experience and insights with you. If you are interested in the crypto world but don't know where to start, you can follow my page to explore the mysteries and future possibilities of the crypto world together. Click on my profile picture for more information.