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Don't be a sucker anymore! Want to get stronger in the crypto world with a small principal? These 6 "anti-sucker techniques" have been tested and can save your life.
Newbies in the crypto world want to get stronger? With little capital and a desire to profit, rely on these 6 "anti-sucker strategies"!
I entered the market with 3000 coins back then, and I went from losing to crying to stable profits relying on these key points. Now I'm sharing the most useful insights with you —
1. Focus on just 1 coin and get to know it like a "familiar person".
The crypto world has countless coins, but remember: the energy and capital of retail investors are equally precious.
Don't be greedy. "Chase this if it goes up, buy that if it's popular," just stick to one coin (like Bitcoin / Ethereum) and get to know its temperament.
What time does it usually fluctuate significantly?
How much of a drop counts as a "normal correction," and how much is a "real crash"?
What news will cause it to surge, and what news will cause it to plummet?
Understanding 1 is 10 times more reliable than randomly trading 10!
2. During market surges / crashes, don't touch the keyboard!
Have you ever had this experience:
Watching the coin price rise by 10% in 5 minutes, I got excited and jumped in, but as soon as I bought, it dropped.
Staring at the account, which is glaringly red during the crash, hands trembling while playing people for suckers, and as soon as I finish, it rebounds immediately.
Remember: 90% of the operations within 1 hour of a crazy surge / crash are wrong.
At this time, don't stare at the market; go grab a drink, watch a short video, and come back when the market stabilizes — the market won't close just because you're 5 minutes late to act, but a 5-minute impulse could wipe out 3 months' worth of gains.
3. Always keep half of your money on hand, this is the "lifesaving money".
Principal 10,000, spend a maximum of 5,000 to buy coins, and don't touch the remaining 5,000 no matter what!
It has dropped, use this 5000 to average down (for example, buy a bit when it drops 10%, don't do it all at once), to lower the average price;
It has risen. I am optimistic about the trend and will use this 5000 to increase my position and earn more.
Even if the judgment is wrong, at least there are still 5000 that can be turned around, so as not to lose everything and regret it.
People who gamble have already lost their mindset - they fear a drop when prices rise and fear going to zero when prices fall, making it impossible to make rational decisions.
4. Draw a "line of life and death" for each transaction, letting the computer bear the burden for you.
The most common mistake beginners make: wanting to earn more when they are making profits and wanting to recover losses when they are in the red.
Solution: Set the "take profit point" and "stop loss point" before opening a position, allowing the platform to execute automatically.
For example:
Set "Sell automatically at a 15% increase" when buying, regardless of whether it might rise another 30% afterwards—what you secure in your pocket is the real money;
At the same time, set "sell automatically when it drops 8%". Even if you think "it will definitely rebound", let the computer help you play people for suckers, don't rely on your impulsive actions.
I have seen too many people who, just because of "wait a little longer," turn a 10% loss into 50%, and end up getting liquidated.
5. Spend 3 days learning the basics, don't be a "follow-the-trend sucker".
Don't believe those "You don't need to learn, just follow me and you'll make money" nonsense - if he really could make a guaranteed profit, why would he need to bring you along?
Spend 3 days to understand these 3 basics:
K-line: Look at the closing price and trading volume (red bars indicate strong buying pressure, green bars indicate strong selling pressure);
Moving Averages: 5-day line, 20-day line (short-term trend looks at 5 days, medium-term looks at 20 days, price above the moving average is considered strong);
Position: Never let a single coin position exceed 30% of the principal.
These things are not difficult; understanding them at least won't let you be fooled by people who shout 'bull market' with a big bullish candle.
6. Do not adopt a "one-size-fits-all" approach, make moves in 3 stages.
Whether buying or selling, don't go all in at once:
I want to buy 1000 coins, buying in 3 installments (for example, buy 300 today, if it drops tomorrow, buy 300 again, and if it stabilizes the day after tomorrow, buy 400);
I want to sell the coins I have, and I'll sell them in 3 stages (sell 20% when it rises 5%, sell 30% when it rises 10%, sell 50% when it rises 15%).
This way, even if you buy at a high point and sell at a low point, you won't lose too badly, and you can gradually find your rhythm.
To be honest in the end:
The core of making money in the crypto world is not "predicting the market", but "controlling oneself" - controlling greed, controlling fear, and controlling the impulse to get rich quickly.
The principal amount is not scary when it's small; what’s scary is rushing in without a strategy. By practicing these 6 tips for 3 months, you will find that:
In the past, the market played you, but now you can play the market.
Adjust the mindset:
Add "scenario details": for example, "10% increase in 5 minutes" "red and green bars", so that beginners can relate to actual operations;
Strengthen the "anti-pain points": Highlight specific errors such as "follow the trend to buy" and "all-in mentality collapse", allowing users to resonate with the feeling of "being accurately described";
Use "small goals" to lower the threshold: "spend 3 days learning the basics" and "practice for 3 months" is easier to execute than "learn slowly";
Colloquialism enhances affinity: "Don't touch the keyboard", "Don't move even if you die", "Slap your thigh", more like an experienced driver sharing tips, bringing people closer.