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Stop trading coins blindly! Practitioners from 8000 to 80 million tell you: the core is just 3 steps (with 15 passwords included)
In the cryptocurrency trading world, achieving financial freedom through trading is not impossible, but just like the 80/20 rule that applies to all industries, only a few can truly succeed. I entered with a principal of 8000 yuan and, over the course of 4 years, accumulated over 80 million in assets. The key lies in an effective set of practical methods and a trading mindset that is constantly refined. Today, I share these experiences in hopes of providing some inspiration to you, fellow cryptocurrency traders.
1. The infallible "343 Batch Accumulation Method"
The core of this method lies in not guessing the ups and downs, but executing purchases entirely according to the plan, which is specifically divided into three steps:
30% first position (test buy)
Choose mainstream coins, such as BTC, ETH, SOL, BNB, etc. These types of coins are relatively stable, and the risks are controllable.
Use 30% of the total funds for the first purchase, the key is to never buy in all at once, in order to reduce initial risk.
40% Averaging Down (Reducing Costs)
If the coin price rises: do not chase highs, wait for a pullback to add 40%.
If the coin price drops: for every 10% drop, add 10% of funds until 40% is added.
The logic is: gradually increasing the position when the price drops can lower the holding cost, and once there is a rebound, the profit margin will be greater.
30% Closing (Increase position after confirming trend)
When the coin price rebounds and stabilizes at key support levels (such as the 7-day moving average), invest the last 30% of the funds.
At the same time, set a trailing stop to maximize profits as much as possible.
The reason this method is effective is threefold:
Do not predict the market, just follow the trend.
Build positions in batches to avoid being trapped all at once;
The cost is lower when it drops, and the gains are naturally greater when it rebounds.
2. 15 Trading Principles: The Core Secrets to Stable Profits
With over ten years of trading experience, achieving stable profits today is inseparable from a deep understanding of the following 15 points, which play a key role in cultivating the right trading mindset and thinking approach.
Be a trader with strong defensive awareness.
Beginners are often misled by the mindset of "getting rich overnight"; in fact, protecting capital should be the primary task. Just like a hunter does not easily waste bullets, traders should only take action when truly favorable opportunities arise, prioritizing risk control.
The result of the previous transaction should not affect the next transaction.
Each transaction is independent, and the results are random. Continuous losses can be frightening, while continuous profits can lead to overconfidence; both emotions can affect judgment. Stay calm and do not be swayed by short-term results in order to go far.
Simplify trading, and you will gain more.
Overanalyzing and overtrading are common problems for many traders. There are actually limited effective signals in the market, and most are just noise. Learning to filter out the noise and select high-quality signals, being appropriately "lazy" can actually improve efficiency.
Before entering the market, there should be a clear exit plan.
Trading requires self-imposed rules and responsibility. Exiting is more important than entering; many people see their profits shrink or losses expand due to impulsive exits. Establishing a strict profit-taking and stop-loss plan can reduce the emotional interference in decision-making.
Avoid worthless trading
Valueless trading refers to trades where the risk does not correspond to the profit, often stemming from blind and frequent operations. Professional traders select high-return opportunities like choosing diamonds, staying away from signals that seem plausible but are misleading.
High Discipline
Discipline is the cornerstone of successful trading. Strictly adhere to the trading plan and do not be influenced by emotions. I only spend half an hour a day looking at charts to avoid over-focusing on market fluctuations, ensuring that decisions are rational.
Most of the time, you should stay away from the trading desk.
Overtrading is a fast track to capital loss. It is recommended to analyze trends using larger time frames (such as daily charts), as it can filter out invalid information and help you focus more on executing your plan.
Your sleep quality reflects trading stress.
If trading keeps you awake at night, constantly worrying about the market and checking trends in the middle of the night, it indicates that the risk has exceeded your tolerance. Timely adjustments to your positions and investments are necessary to achieve long-term stable trading.
Before engaging in live trading, make sure to do these two things.
Have a clear trading strategy and avoid using multiple methods at the same time to prevent confusion.
Pay attention to capital management; capital is the lifeline of trading, and reasonable planning is essential for long-term stability.
Self-control determines the success or failure of trading.
The biggest challenge in trading is not the capital, but the emotional fluctuations. Negative emotions can weaken judgment, and overconfidence and fear are equally dangerous. Staying calm and strictly executing the plan is the key.
The more favorable factors there are, the more reliable the trading becomes.
When trend lines, key levels, trading signals, and other factors align, the probability of profit is higher. I do not rely on automated trading systems; I trust more in the opportunities of multi-factor resonance.
Never increase your position when in a loss.
Increasing positions in a losing trade turns trading into gambling. Successful traders should have risk awareness, rather than pursuing short-term doubling. If you are wrong, cut your losses in time, and do not fantasize about a market reversal.
Reasonable stop loss, strictly implement.
Traders who do not set stop-losses will eventually face the risk of liquidation. Each order should have a reasonable stop-loss set, and do not widen the stop-loss when at a loss, nor close positions too early when in profit.
Wait for the best trading opportunity
Market opportunities are often present, but the best ones require patience. Be patient like a cheetah hunting, focusing on clear trends and strong signals, while staying away from weak signals and false signals.
Trading is not everything in life.
Unless you are a professional trader, do not invest all your time in trading. Maintain your work and life to face market fluctuations with a more relaxed mindset.
Summary
Cryptocurrency trading offers the opportunity for wealth growth, but it requires the right approach, strict discipline, and a mature mindset. The "343 incremental position building method" is a strategy I have validated in practice, and the 15 insights mentioned above are the foundational mindset for long-term profitability. Remember, trading is a method of investment, not the entirety of life; maintaining rationality and composure is essential to go further in the market.
If you currently feel helpless and confused about trading, and want to learn more about the cryptocurrency space and cutting-edge information, click on the avatar to follow me and no longer be lost! @Wallet Guardian The market is clear, and operations have confidence. Steady gains are much more practical than fantasizing about getting rich!