8 Years in Cryptocurrency: From 50,000 to 10 Million, 3 Esse | Elon Musk 65908 on Binance Square

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8 Years in Cryptocurrency: From 50,000 to 10 Million, 3 Essential Rules for Newcomers to "Roll Money"#ElonMusk65908 
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Elon Musk 65908

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Set goals and dreams, and achieve them! 🚀 Don't wait for things to happen; build the path with determination and action. Every step, no matter how small, brings you closer to the life you envision. Keys to achieving it: 1️⃣ Clearly define your goals: Without a destination, any road will do. Be specific and write down your objectives. 2️⃣ Break it down into small steps: Big achievements come from consistent actions. Focus on the process! 3️⃣ Maintain discipline: Motivation fluctuates, but discipline takes you to the goal. 4️⃣ Learn from setbacks: Every fall is a lesson that brings you closer to success. Don't underestimate the power of perseverance. The future belongs to those who dare to dream big and act with courage! 💫 What is your next goal? Share it and make it a reality! #ElonMusk65908 Follow For More!

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I have walked this path in the crypto world, and here are some personal experiences for you to consider. 1. How to handle short-term trading 1. Don’t look around aimlessly, just focus on the top five mainstream coins. What's hot, what's trending, and then look at indicators like MACD golden cross and Bollinger Bands opening— I generally choose to act on those with significant volatility; timing is more important than anything else. 2. Never put all your funds in one trade. If you have 50,000 yuan, split it into five parts and only invest one part at a time. I never fully invest, at most half, and keep the rest for opportunities; that’s your emergency fund. 3. Do a maximum of three trades a day; over-trading will lead to mistakes. I have suffered losses myself; if you can’t control your hands, the result will be a loss. 4. If you lose 30%, withdraw quickly. Don’t average down or hold on stubbornly; it indicates you made a wrong entry. I have seen too many people average down to zero. 5. Only follow the trend; don’t play with altcoins. If you are going to trade, stick with the mainstream; small coins can collapse anytime, and you won’t be able to escape. 2. Real rules of the crypto world that I have summarized 1. Don’t rush to cut losses when there’s a big drop in the morning; it often rebounds a bit in the afternoon. 2. If there’s a big rise in the afternoon, reduce your position; it’s highly likely to drop at night. 3. If there’s a rise on low volume, it will continue to rise; if there’s a drop on low volume, it will continue to drop—volume doesn’t lie. 4. Before meetings or good news comes out, it will generally rise, but once the news is released, it’s often a sell-off; all of it is speculative trading. 5. When the market is consistently dropping during the day in China, I buy at the bottom; foreigners often push the market up at night. 6. The deeper the spike, the stronger the signal; I rely on this to find buying and selling points. #ElonMusk65908 Follow For More!

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The Blood and Tears Lesson of the Crypto World: From 900,000 to Zero, These 4 Rules Saved Me! "If a man lacks confidence, don't touch his heart" — this phrase felt like a thorn, piercing me for three whole years, and completely changed my fate in the crypto world. In April 2022, the LUNA coin plummeted from 119 USD. In a moment of impulse, I used 20,000 as capital to go all-in on shorting. To my surprise, the market moved in line with my judgment, and my account surprisingly rolled up to 800,000. At that time, I was on cloud nine, filled with thoughts of quitting my job and traveling the world with her. But greed ultimately ruined everything — I entered the market with the mindset of "buying the dip to make a fortune," and as a result, LUNA directly fell below the decimal point, and my 800,000 vanished overnight. When she came to me with red eyes and said those words, I collapsed in a rental room piled with takeout boxes, unable to even stand up. Later, I scraped together 20,000 to start over, stubbornly focusing on TRB: studying candlestick patterns until dawn, building long positions with a small 10 USD position, and even enduring a 50% floating loss without panicking. Two months later, TRB skyrocketed to 380 USD, and a 30-fold return allowed me to regain a six-figure position, and now my account has long surpassed eight figures. But even now, I review these 4 "life-saving rules" every day: After a sharp rise, a slow drop indicates the main force is washing the盘, don't blindly chase highs; after a surge followed by a big bearish candle, you must decisively exit; if there's a flash crash and the rebound is weak with declining volume, never try to catch the bottom, that's the main force quietly unloading; high volume at high prices isn't scary, as long as funds continue to flow in, it can still rise; but if there's low volume and sideways trading at high prices, you must run; a single volume spike at the bottom is often a trap, only sustained volume is a true entry signal. #ElonMusk65908 Follow For More!

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90% of people in the crypto world lose due to 'all-in' strategies! 3 iron rules + 5 tips, even when black swans come, you can still win effortlessly In the crypto world, daily fluctuations of 10%+ are common; some double their investments overnight, while many others fall victim to 'position control issues': either they go all-in and lose everything when a black swan appears, or they hold a small position and miss out on opportunities, regretting it later. If you want to survive and earn steadily in the crypto world, position management is the real 'lifeline'. 1. 3 Iron Rules: Preserve your capital first, then talk about making money 1. Survival first: The loss on a single trade should never exceed 2%-4% of your capital. With a capital of 100,000, the maximum loss per trade should be 4,000, leaving enough room to wait for a turnaround opportunity. 2. Respect volatility: The annualized volatility in the crypto world exceeds 60%, which is 2-3 times that of stocks. Your positions must be at least 30% more conservative than stock trading; don't fall into traps with old thinking. 3. Dynamic adjustment: In a bull market, keep positions between 50%-70%; in a bear market, reduce to below 30%; the proportions must change according to mainstream coins, altcoins, and leveraged assets. 2. 5 Practical Tips: Usable by both beginners and veterans 1. Three-stage allocation: Divide your capital into 3 parts, 10% for testing the waters, 20% for adding to positions in the trend, and 20% reserved for extreme market conditions. 2. Position according to risk: Mainstream coins (BTC/ETH) can constitute 15%-25% of your portfolio, while altcoins should be a maximum of 5%, and leverage should not exceed 10% of your capital. 3. Calculate position based on stop-loss: First set a stop-loss level (e.g., 6%), then use 'maximum possible loss amount ÷ stop-loss percentage' for calculations. With a capital of 100,000, the maximum loss is 3,000, so position = 3,000 ÷ 6% = 50,000, but it’s safer to actually position 30,000. #ElonMusk65908 Follow For More!

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From 100,000 to 20 million: 3 Years of 6 Practical Insights on Trading Coins In 3 years, turning 100,000 into 20 million. No insider information, not relying on bull markets, just sticking to a set of 'simple methods' for over 1,000 days. Trading coins is not about getting rich overnight, but about leveling up: honing skills and cultivating mindset. Here are 6 insights made from real experience, hoping to help friends still on their journey 👇 🔑 1. Rapid rise slow decline = the operator is accumulating After a sudden spike, if it slowly declines, don’t panic and sell; that’s mostly a washout. A real peak will be followed by 'sharp rise + waterfall', that’s the final harvest. 🔑 2. Rapid decline slow rise = the operator is distributing After a sharp drop, if it slowly rebounds, don’t rush to buy the dip. That often is the last blow, and the fantasy of 'bottoming out' is the most dangerous. 🔑 3. High volume at the top ≠ run immediately; no volume means it’s time to run High volume at a high point may still have a second wave. What’s truly frightening is suddenly having no volume, like a ghost town; that’s the precursor to a collapse. 🔑 4. High volume at the bottom ≠ immediate surge; sustained volume is reliable A single volume spike may be a false move. If there’s a sustained gentle increase in volume after a period of low volume, that’s the real signal to build a position. 🔑 5. Understanding volume helps understand emotions Candlestick charts show results, but volume tells the story. Low volume = no one is playing; high volume = money is entering. The market’s mindset is hidden in the volume. 🔑 6. Cultivating to 'nothing' No attachment: short when needed; No greed: don’t chase after crazy rises; No panic: dare to buy when it drops. Only by achieving 'nothing' can one truly be an expert. 📌 In summary: The market is always right; the only one who is wrong is oneself. The true experts in the coin world do not predict the future but survive to see the future. #ElonMusk65908 Follow For More!

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