How much money have you made in the crypto space?
I have indeed made quite a bit in the crypto space, mainly relying on a rather simple trading method that allows you to maintain "everlasting profits."
A fan played around with 200,000 at the end of last year, and now has 2,000,000, easily achieving a 10x profit. She didn't even expect that making money through trading could be this easy; it only requires these three steps! Master them well, and you can easily multiply your account by 10!
Step 1: Look at the trend first.
Step 2: Find the key levels.
Step 3: Look for entry signals.
Enter the market, make a profit, close the position, and leave.
Isn't it simple?
Let me explain in more detail below.
Step 1: Look at the trend first.
The state of a market can be categorized into three outcomes: uptrend, sideways, and downtrend.
What is a major trend? Look at charts with a timeframe of 4 hours or more, such as 4-hour, daily, or weekly charts (my personal habit is to look at the 4-hour chart).
In an uptrend, go long; in a downtrend, go short; and in a sideways market, do not trade.
Step 2: Find the key levels.
Regardless of whether the market is going up or down, it will bounce like a jumping ball, moving step by step either from bottom to top or from top to bottom. What we need to do is enter at the position where it takes off and exit at the next landing point. How to find the precise steps becomes crucial, which is what we call key levels (main support and resistance levels).
Step 3: Look for signals.
Generally, if you discover a trend in a larger timeframe, you should look for trading signals in a smaller timeframe to enter. Everyone has different strategies they are good at; mastering one or two is sufficient. In the crypto space, it's more important to quickly formulate a trading strategy.
A complete trading strategy includes:
(1) Asset -- What to trade;
(2) Position size -- How much to hold;
(3) Direction -- Long or short;
(4) Entry point -- At what price to trade;
(5) Stop loss -- When to exit losing trades;
(6) Take profit -- When to exit profitable trades;
(7) Contingency -- How to respond to unexpected situations;
(8) After-action -- Operations after the trade ends.
The trading team opens positions daily and continues to make profits! Keep eating meat. If you're confused about current trades and want to turn losses into profits, hop on quickly.
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