# Trading cryptocurrencies for over a year without earning 1 million 💰? After reading these 10 essential tips, if you still can't make money, come find me. Having traded for 8 years and made 50 million, I’ve summarized these ten key insights from over a decade of experience in crypto trading 👇



1. If your capital isn’t very large, say under 200,000 yuan, catching just one major upward wave per year is enough. Never go all-in all the time.

2. A person can never earn wealth beyond their understanding. First, practice on a demo account to develop your true mindset and courage. Demo trading allows unlimited failures, but real trading, even one failure, could be your last, possibly causing you to leave the market forever.

3. When encountering major positive news, if you don’t sell that day, remember to definitely sell on the next day’s gap-up opening. Often, good news realization turns into bad news.

4. Before major holidays, reduce your positions or go completely to cash a week in advance. Historically, markets tend to fall during holidays.

5. The medium- to long-term strategy is to keep enough cash, sell on rallies, buy on dips, and cycle through these actions—this is the best approach.

6. Short-term trading mainly depends on volume and chart patterns. Trade active, volatile charts; avoid inactive ones.

7. When the decline slows down, the rebound will also be slow; when the decline accelerates, the rebound will be quick.

8. If you buy wrong, admit it, cut losses promptly, and protect your principal—this is the fundamental principle for survival in the market.

9. For short-term 15-minute K-line charts, you must watch them. Using the KDJ indicator, you can identify good entry and exit points.

10. There are countless techniques and methods for trading cryptocurrencies; you only need to master and skillfully apply a few. Don’t be greedy for more.

Ke Xinghe only engages in real trading, not empty promises. There are still spots available in the team. Brothers and sisters who want to learn methods and turn their fortunes around, hop on and let’s do this together!
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin