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Waiting to retest pressure, can arrange near trend line 2.2
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Why do you always lose money when trading cryptocurrencies? Have you ever thought about this question?
Many people trade cryptocurrencies, and what they fear the most is not losing money, but losing too much. Whenever they incur a loss, they think about slowly making it back. As a result, their perspective gets narrower and narrower; they make a trade and earn 5%, then hastily take profits, fearing they will lose it back. They earn a little and feel they are one step closer to breaking even. However, they will find that not only have they not broken even, but they have lost even more, missing out on significant opportunities.
Ask yourself, if he only thinks about making small profits and catering to the market, would he have today's achievements?
Many people enter the cryptocurrency space with the wrong intentions, or rather, their initial thoughts are correct, but after losing money, they only think about breaking even and making small profits. This mindset is the fatal root cause.
When trading cryptocurrencies, you should have a goal from the very beginning: Get rich! Get rich! Get rich! If you take the risk to enter the market, you should have the goal of becoming wealthy; financial freedom is a reasonable expected return. Because this market does not allow you to only think about small gains; you either win or go bankrupt. Only by setting a goal of getting rich will you justify the risks you take and have the possibility of real returns.
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Made 9 million from trading coins, suddenly feeling lost, any good suggestions? Also, before starting formal trading, it's best to master the following four points:
1. Learn to read news, understand market information, and when major news comes out, it’s usually when cryptocurrency prices fluctuate the most. It could rise sharply or fall sharply, requiring traders to make judgments. For beginners, it's recommended to wait and observe during major news events.
2. Learn to analyze technical aspects, master knowledge of technical indicators. Learning technical indicators takes a long time, so create a study plan for yourself, learn to read moving averages, KDJ, Bollinger Bands, candlestick charts, volume and price, capital flow, etc.
3. Make a good trading plan, avoid frequent trading. Frequent trading not only incurs high transaction fees but also affects trading mindset, leading to irrational judgments;
4. Implement risk control, set stop-loss and take-profit levels while trading to manage risk, keeping profits and risks within an acceptable range. When the price reaches the stop-loss or take-profit point, the system will automatically help us close the position, which means selling. Additionally, manage the size of the trading position well; only masters can effectively control their positions.
Master the wealth code technology - once you grasp this technical indicator, making tens of millions will be a breeze! #公众号搜 $BNB #狂人谈币

When withdrawing funds from the cryptocurrency market, pay attention to a few points to effectively prevent your card from being frozen when receiving dirty money.
(1) When engaging in over-the-counter (OTC) trading, try to choose large platforms like Binance and OKEx. These platforms have good communication channels and risk control measures with mainland regulatory and law enforcement agencies.
(2) Try to select OTC platforms that support T+1/T+2 withdrawal strategies. Although cash cannot be withdrawn immediately after selling coins, it reduces the risk of being implicated in money laundering through OTC trading. For example, trading on Binance T+1, and Huobi Select (in comparison to free trading, T+2 withdrawals).
(3) Avoid using stablecoins like USDT for OTC trading; try to use mainstream currencies like BTC and ETH for OTC transactions.
(4) The bank card used for OTC trading must be a separate card, not used for regular transactions, so it should be separate from your salary card. This way, even if it gets frozen, it does not affect the use of other funds. It is easy to explain the cash flow during investigations.
(5) The bank card for OTC trading should preferably be a local bank card, such as those from many urban commercial banks or rural commercial banks. Large and medium-sized commercial banks and joint-stock banks, like Industrial and Agricultural Bank of China, have branches across the country, and law enforcement can directly freeze them.
(6) Do not engage in regular transactions with ordinary merchants, nor with regular users. If the same user indirectly purchases more than 3 times in one day, or sells shortly after purchasing, it is suspected of money laundering, which is very dangerous.
(7) Look for reliable OTC sellers for trading. Try to actively accept orders from large traders and market makers, reduce your own ordering, and avoid merchants from problematic areas. In fact, as an ordinary user, it is difficult to distinguish which traders are trustworthy. For instance, friends who deal extensively with Huobi's Blue Shield service providers have also been frozen.
(8) Reduce the frequency of withdrawals and increase the cash amount.
(9) After completing OTC transactions, do not switch to your other bank cards to avoid contaminating other funds and causing trouble for investigations. If you urgently need cash, you can withdraw cash from an ATM or spend online.
(10) Try to choose to withdraw cash on weekdays. It is best to conduct transactions during normal working hours, such as withdrawing funds from 9:00 AM to 9:00 PM. #公众号搜 #狂人谈币