Binance Square

炒币日记

1.4M views
333 Discussing
加密子衡
--
See original
The real culprit for losing money in crypto trading has been found! It’s not a technical issue; it’s a lack of self-control – every novice falls for these two traps: 【Fatal Move 1】 In a bear market, you play dead and lie flat, and when the bull market just starts, you become suspicious and hesitant. Only when the market goes crazy do you dare to go all in, but end up being a bag holder at the peak. You’re a coward when you should enter the market and become a warrior when you should retreat; your timing is completely reversed. 【Fatal Move 2】 You stubbornly hold on while losing heavily in a bear market, and as soon as the bull market recovers by 20%, you rush to escape. The result? As soon as you sell, the price surges, and you slap your thigh in frustration. The most infuriating part is that you clearly bought the right coin but couldn’t hold it for three days, only to find it increased fivefold later, making you want to slap yourself. In short, what you’re losing is not money, but to the weaknesses of human nature: Being timid when you should be greedy Being reckless when you should be fearful Not being able to hold onto profits and stubbornly clinging to losses Staring at the K-line every day scaring yourself The most heart-wrenching part of a bull market is not the liquidation, but watching the coins you sold skyrocket! If you want to make big money, you must do the following: don’t panic when profits pull back, don’t shake when the market is volatile, and hold on tight. If you can’t cure the disease of "not being able to hold on", you will forever only pick up the scraps left by others. Click on the avatar to follow Zi Heng for more ways to make money!
The real culprit for losing money in crypto trading has been found! It’s not a technical issue; it’s a lack of self-control – every novice falls for these two traps:

【Fatal Move 1】
In a bear market, you play dead and lie flat, and when the bull market just starts, you become suspicious and hesitant. Only when the market goes crazy do you dare to go all in, but end up being a bag holder at the peak. You’re a coward when you should enter the market and become a warrior when you should retreat; your timing is completely reversed.

【Fatal Move 2】
You stubbornly hold on while losing heavily in a bear market, and as soon as the bull market recovers by 20%, you rush to escape. The result? As soon as you sell, the price surges, and you slap your thigh in frustration. The most infuriating part is that you clearly bought the right coin but couldn’t hold it for three days, only to find it increased fivefold later, making you want to slap yourself.

In short, what you’re losing is not money, but to the weaknesses of human nature:
Being timid when you should be greedy
Being reckless when you should be fearful
Not being able to hold onto profits and stubbornly clinging to losses
Staring at the K-line every day scaring yourself

The most heart-wrenching part of a bull market is not the liquidation, but watching the coins you sold skyrocket! If you want to make big money, you must do the following: don’t panic when profits pull back, don’t shake when the market is volatile, and hold on tight. If you can’t cure the disease of "not being able to hold on", you will forever only pick up the scraps left by others.

Click on the avatar to follow Zi Heng for more ways to make money!
See original
How to choose a major in web3 university?Web3 is a university. Without a diploma, wallet balance is the best proof of expertise. Without teachers, white papers and X are the best professors. The most important thing when entering university is to choose a major. Engage in trading: spot, contracts, derivatives, leverage, speculation, trends, long-term holding, high-frequency, grid, liquidity, market making... You need to develop the habit of being online on your phone 24 hours a day; when the alarm goes off at midnight, quickly get up to check the market. Hair removal: account maintenance, three-piece set, multi-account strategy, anti-witch. Remember to buy a good ergonomic chair; otherwise, your lumbar spine won't be able to take it. On-chain: MEME, inscriptions, NFT, Gamefi, new coin launches.

How to choose a major in web3 university?

Web3 is a university.
Without a diploma, wallet balance is the best proof of expertise.
Without teachers, white papers and X are the best professors.
The most important thing when entering university is to choose a major.

Engage in trading: spot, contracts, derivatives, leverage, speculation, trends, long-term holding, high-frequency, grid, liquidity, market making...
You need to develop the habit of being online on your phone 24 hours a day; when the alarm goes off at midnight, quickly get up to check the market.

Hair removal: account maintenance, three-piece set, multi-account strategy, anti-witch.
Remember to buy a good ergonomic chair; otherwise, your lumbar spine won't be able to take it.

On-chain: MEME, inscriptions, NFT, Gamefi, new coin launches.
See original
Trading cryptocurrencies is not about impulse and luck.When I first started trading cryptocurrencies, like many others, I would monitor news during the day and stay up late at night watching the charts, chasing highs and cutting losses, hardly ever getting a good night's sleep. At that time, my emotions were running high; I was afraid of giving back my profits when I made money and unwilling to accept losses, always hoping to make it back with the 'next trade.' The result was that my account kept getting smaller, and my emotions kept crashing. Eventually, I forced myself to change my mindset and treat trading as a 'job': opening the market on time every day, conducting regular reviews, executing according to strategy, not relying on feelings, and not chasing hot trends. Gradually, I stabilized my rhythm; now the returns, though not as exciting, are consistent and stable, with an annualized return controlled at around 50%.

Trading cryptocurrencies is not about impulse and luck.

When I first started trading cryptocurrencies, like many others, I would monitor news during the day and stay up late at night watching the charts, chasing highs and cutting losses, hardly ever getting a good night's sleep. At that time, my emotions were running high; I was afraid of giving back my profits when I made money and unwilling to accept losses, always hoping to make it back with the 'next trade.' The result was that my account kept getting smaller, and my emotions kept crashing.
Eventually, I forced myself to change my mindset and treat trading as a 'job': opening the market on time every day, conducting regular reviews, executing according to strategy, not relying on feelings, and not chasing hot trends. Gradually, I stabilized my rhythm; now the returns, though not as exciting, are consistent and stable, with an annualized return controlled at around 50%.
See original
Trading cryptocurrencies is not about speculation, but about monetizing knowledge 1. Small funds need to know how to "wait" rather than "go all in" With a principal of 200,000, capturing a 30% increase in mainstream coins 2-3 times is enough. In a bull market, the biggest fear is not missing out, but getting trapped with a full position. Those who dare to hold cash are the real hunters. 2. First practice "not losing", then learn to "earn" The most expensive phrase in the crypto world: "I think this time is different." One can only earn money within their own understanding. First, practice with a demo account; once your mindset is stable, then switch to a real account. Remember: losing in a real account once might mean there won't be a next time. 3. Good news = bad news? Beware of "news traps" On the day a major positive announcement is made, if the coin price has already surged, a high opening the next day is often a selling point. The market makers know better how to use good news to take advantage of retail investors. 4. One thing to do before holidays Statistics show that in the past 5 years, the probability of a decline in the week before holidays exceeds 70%. Either reduce your position or go to cash during the holidays; don’t go against the trend. 5. The core of medium to long-term investing: always keep some ammo Don’t exhaust all your chips at once. Sell in batches as prices rise, and buy in batches as prices fall; cash flow is your moat. 6. For short-term trading, focus on two words: momentum A sudden increase in trading volume + a breakout of resistance should prompt immediate action. If it’s consolidating with decreasing volume, it’s better to miss out than to make a mistake. 7. Is a sharp decline an opportunity? A slow decline indicates no one is buying in, and it may continue to fall; a sharp decline with volume is often the last push down, and a rebound is near. 8. 90% of people fail at this point "Just wait a bit longer and I’ll break even" is the biggest illusion. Cut losses quickly; let profits run. Losing 50% of your capital requires a 100% gain to break even—are you sure you can do that? 9. Short-term trading tool: 15-minute KDJ Buy on a golden cross, sell on a death cross, and use volume to filter out false signals. It’s suitable for those who don’t have time to monitor the market. 10. Ultimate advice: less is more Mastering 3-5 profitable methods is enough. There are thousands of technical indicators, but only one or two will consistently yield profits. Why do some people turn 200,000 into 1,000,000 in three months? The key isn’t in the skills but in the secrets of position management. In the crypto world, the most ruthless factor isn’t the market, but every opportunity you missed.
Trading cryptocurrencies is not about speculation, but about monetizing knowledge
1. Small funds need to know how to "wait" rather than "go all in"
With a principal of 200,000, capturing a 30% increase in mainstream coins 2-3 times is enough. In a bull market, the biggest fear is not missing out, but getting trapped with a full position. Those who dare to hold cash are the real hunters.
2. First practice "not losing", then learn to "earn"
The most expensive phrase in the crypto world: "I think this time is different." One can only earn money within their own understanding. First, practice with a demo account; once your mindset is stable, then switch to a real account. Remember: losing in a real account once might mean there won't be a next time.
3. Good news = bad news? Beware of "news traps"
On the day a major positive announcement is made, if the coin price has already surged, a high opening the next day is often a selling point. The market makers know better how to use good news to take advantage of retail investors.
4. One thing to do before holidays
Statistics show that in the past 5 years, the probability of a decline in the week before holidays exceeds 70%. Either reduce your position or go to cash during the holidays; don’t go against the trend.
5. The core of medium to long-term investing: always keep some ammo
Don’t exhaust all your chips at once. Sell in batches as prices rise, and buy in batches as prices fall; cash flow is your moat.
6. For short-term trading, focus on two words: momentum
A sudden increase in trading volume + a breakout of resistance should prompt immediate action. If it’s consolidating with decreasing volume, it’s better to miss out than to make a mistake.
7. Is a sharp decline an opportunity?
A slow decline indicates no one is buying in, and it may continue to fall; a sharp decline with volume is often the last push down, and a rebound is near.
8. 90% of people fail at this point
"Just wait a bit longer and I’ll break even" is the biggest illusion. Cut losses quickly; let profits run. Losing 50% of your capital requires a 100% gain to break even—are you sure you can do that?
9. Short-term trading tool: 15-minute KDJ
Buy on a golden cross, sell on a death cross, and use volume to filter out false signals. It’s suitable for those who don’t have time to monitor the market.
10. Ultimate advice: less is more
Mastering 3-5 profitable methods is enough. There are thousands of technical indicators, but only one or two will consistently yield profits.
Why do some people turn 200,000 into 1,000,000 in three months? The key isn’t in the skills but in the secrets of position management.
In the crypto world, the most ruthless factor isn’t the market, but every opportunity you missed.
See original
Cryptocurrency trading tipsThe principal of 1000u has achieved a profit of 20 million so far. Let me share my experience of cryptocurrency trading. Learning is earning. 1. Beware of bull market traps Popular coins = high risk area The currencies that are subject to crazy FOMO in the bull market are often severely controlled and have huge bubbles. → Principle: The market maker pulls up the price to attract retail investors to take over. Once the funds are withdrawn, the decline will be far greater than the overall market. → Countermeasure: It is better to miss out than to chase after popular coins that have skyrocketed by more than 50%. New coin launches, namely sickle New coins strongly promoted by exchanges are often accompanied by the trilogy of "listing-surge-surge". → Case: An IEO project on an exchange rose 10 times in 3 days and then halved, leaving 90% of retail investors trapped.

Cryptocurrency trading tips

The principal of 1000u has achieved a profit of 20 million so far. Let me share my experience of cryptocurrency trading. Learning is earning.
1. Beware of bull market traps
Popular coins = high risk area
The currencies that are subject to crazy FOMO in the bull market are often severely controlled and have huge bubbles.
→ Principle: The market maker pulls up the price to attract retail investors to take over. Once the funds are withdrawn, the decline will be far greater than the overall market.
→ Countermeasure: It is better to miss out than to chase after popular coins that have skyrocketed by more than 50%.
New coin launches, namely sickle
New coins strongly promoted by exchanges are often accompanied by the trilogy of "listing-surge-surge".
→ Case: An IEO project on an exchange rose 10 times in 3 days and then halved, leaving 90% of retail investors trapped.
See original
This article is for all the beginners still struggling in the crypto world; it’s not about calls, it’s a survival manual.I’ve been trading cryptocurrencies for 9 years, from liquidations to sleepless nights, to now making stable profits. Because I understand—only those who survive in the crypto world are qualified to talk about making money. Sticking to this principle, my annual return can consistently remain above 50%, without relying on all-in bets or gambling on market conditions, just by recognizing trends and sticking to discipline. 1. Only trade after 9 PM. Stop wasting your time during the day. During the day, news flies around, bears and bulls clash chaotically, and price fluctuations are like cramps. Truly clean and clear market trends often emerge after 9 PM. Especially during the transition period of European and American markets, once the direction is clear, it often moves more smoothly.

This article is for all the beginners still struggling in the crypto world; it’s not about calls, it’s a survival manual.

I’ve been trading cryptocurrencies for 9 years, from liquidations to sleepless nights, to now making stable profits. Because I understand—only those who survive in the crypto world are qualified to talk about making money. Sticking to this principle, my annual return can consistently remain above 50%, without relying on all-in bets or gambling on market conditions, just by recognizing trends and sticking to discipline.
1. Only trade after 9 PM.
Stop wasting your time during the day.
During the day, news flies around, bears and bulls clash chaotically, and price fluctuations are like cramps.
Truly clean and clear market trends often emerge after 9 PM.
Especially during the transition period of European and American markets, once the direction is clear, it often moves more smoothly.
See original
The Art of Cryptocurrency Trading at Its Peak! 1. Purely Self-Funded Operations: Never venture into the boundaries of borrowing and overdrafts, relying solely on one's own strength to navigate the crypto world. 2. Relaxed Investment, Accompanied by Idle Money: Only allow idle money that does not affect daily life to participate in this digital feast. 3. Lasting Vigilance, Waiting for Blossoms: Long-term investment, unaffected by short-term fluctuations. 4. Wait and Move, Stability First: Prefer to observe changes rather than blindly rush into unknown markets. 5. Wise Decision-Making, Not Misled: Avoid being blinded by technical indicators, leading with comprehensive analysis and rational judgment. 6. Stay Away from Counterfeits, Focus on Value: Never touch low-quality or merely nominal crypto assets. 7. Seek Victory in Stability, Risk Control First: Even when faced with tempting high-quality coins, always adhere to risk thresholds. 8. Market Is Unpredictable, Adapt Flexibly: When a bull market ends, adjust positions in a timely manner to avoid potential risks. 9. Clear Goals, Move Forward Relentlessly: Once a goal is set, advance with heavy artillery and forge ahead.
The Art of Cryptocurrency Trading at Its Peak!
1. Purely Self-Funded Operations: Never venture into the boundaries of borrowing and overdrafts, relying solely on one's own strength to navigate the crypto world.
2. Relaxed Investment, Accompanied by Idle Money: Only allow idle money that does not affect daily life to participate in this digital feast.
3. Lasting Vigilance, Waiting for Blossoms: Long-term investment, unaffected by short-term fluctuations.
4. Wait and Move, Stability First: Prefer to observe changes rather than blindly rush into unknown markets.
5. Wise Decision-Making, Not Misled: Avoid being blinded by technical indicators, leading with comprehensive analysis and rational judgment.
6. Stay Away from Counterfeits, Focus on Value: Never touch low-quality or merely nominal crypto assets.
7. Seek Victory in Stability, Risk Control First: Even when faced with tempting high-quality coins, always adhere to risk thresholds.
8. Market Is Unpredictable, Adapt Flexibly: When a bull market ends, adjust positions in a timely manner to avoid potential risks.
9. Clear Goals, Move Forward Relentlessly: Once a goal is set, advance with heavy artillery and forge ahead.
See original
The Highest Realm of Cryptocurrency Trading: Seeing the Appearance as Non-Appearance, Thus Seeing the Tathagata! The Principle is Simplified and Explained Thoroughly!Financial freedom at 38! Entered the cryptocurrency market at 25 and earned an eight-figure sum in 10 years. A bloody warning: 99% of people fail due to 'mindset' rather than technology! At 25, I jumped into the cryptocurrency market with all my savings of 50,000; by 38, I earned enough through trading to last a lifetime, with assets over ten million. No team, No insider information, not even having worked a day—now I wake up naturally every day, walk my dog, drink tea, watch candlesticks. Worries? Not existent. But if you think this is a 'feel-good' article, you can scroll past it now. The truth I need to tell may make 80% of people in the cryptocurrency market shiver.

The Highest Realm of Cryptocurrency Trading: Seeing the Appearance as Non-Appearance, Thus Seeing the Tathagata! The Principle is Simplified and Explained Thoroughly!

Financial freedom at 38! Entered the cryptocurrency market at 25 and earned an eight-figure sum in 10 years.
A bloody warning: 99% of people fail due to 'mindset' rather than technology!
At 25, I jumped into the cryptocurrency market with all my savings of 50,000; by 38, I earned enough through trading to last a lifetime, with assets over ten million. No team,
No insider information, not even having worked a day—now I wake up naturally every day, walk my dog, drink tea, watch candlesticks. Worries? Not existent.
But if you think this is a 'feel-good' article, you can scroll past it now.
The truth I need to tell may make 80% of people in the cryptocurrency market shiver.
See original
Is it better to trade cryptocurrencies with a long-term or short-term or intraday strategy?With two thousand yuan on hand, switch to around 300 USDT; everyone needs to find ways to increase value. The most direct and effective method is to use contract trading. Amplify profits: Step 1: We need to take steady steps and gradually increase our capital. Start with 100 USDT. Go for hot coins, but remember to set profit-taking and stop-loss levels; if you earn, double it, for example, turning 100 into 200, then 200 into 400, and so on. But remember, only operate consecutively three times at most, because luck plays a small part in this. You might win several times in a row, or you could lose in one go. So take it easy. Step 2: When our capital rolls to around 1100 USDT, we can start using more advanced strategies. At this point, let's try something different: a triple strategy at once.

Is it better to trade cryptocurrencies with a long-term or short-term or intraday strategy?

With two thousand yuan on hand, switch to around 300 USDT; everyone needs to find ways to increase value. The most direct and effective method is to use contract trading.
Amplify profits:
Step 1: We need to take steady steps and gradually increase our capital. Start with 100 USDT.
Go for hot coins, but remember to set profit-taking and stop-loss levels; if you earn, double it, for example, turning 100 into 200, then 200 into 400, and so on. But remember, only operate consecutively three times at most, because luck plays a small part in this. You might win several times in a row, or you could lose in one go. So take it easy.
Step 2: When our capital rolls to around 1100 USDT, we can start using more advanced strategies. At this point, let's try something different: a triple strategy at once.
See original
After much thought, I decided to share my short-term strategy, starting with 50,000 in the crypto market and achieving 53.98 million in just two years!After much thought, I decided to share my short-term strategy, starting with 50,000 in the crypto market and achieving 53.98 million in just two years! [Check the comments section] If you are currently at a loss and want to treat trading cryptocurrencies as a second career in the future, please read carefully; you will definitely gain something. I recommend saving this! I went from a big loss to financial freedom, achieving a 2000 square meter villa and a Land Rover + a small Rolls Royce in Shanghai! [Be sure to check the comments section] With ten years of experience, I tell you that if you do not understand 'trend candlesticks,' do not enter the market! Otherwise, you will definitely lose! (With illustrations)

After much thought, I decided to share my short-term strategy, starting with 50,000 in the crypto market and achieving 53.98 million in just two years!

After much thought, I decided to share my short-term strategy, starting with 50,000 in the crypto market and achieving 53.98 million in just two years! [Check the comments section]
If you are currently at a loss and want to treat trading cryptocurrencies as a second career in the future, please read carefully; you will definitely gain something. I recommend saving this!
I went from a big loss to financial freedom, achieving a 2000 square meter villa and a Land Rover + a small Rolls Royce in Shanghai! [Be sure to check the comments section]
With ten years of experience, I tell you that if you do not understand 'trend candlesticks,' do not enter the market! Otherwise, you will definitely lose! (With illustrations)
See original
Techniques and Strategies for Trading CryptocurrenciesTaboos in the cryptocurrency space: 1. Do not borrow money to trade cryptocurrencies, do not borrow money to trade cryptocurrencies, do not borrow money to trade cryptocurrencies. If you borrow money to trade cryptocurrencies, it shows you have a gambling mentality, betting until you end up with nothing. 2. Do not go all-in on leverage, do not go all-in on leverage, do not go all-in on leverage. Leverage +, all-in, gambling mentality, gamble until you have nothing left. 3. Do not trade cryptocurrencies on small platforms, as most small platforms are internal markets. Internal trading is just creating a candlestick; your money has not entered the market but has gone into that shell company's account. The game rules themselves dictate that most outcomes of leverage end up being zero; the capital behind loves to watch a group of retail investors go all-in on leverage because the next moment, the money will fall into their pockets!

Techniques and Strategies for Trading Cryptocurrencies

Taboos in the cryptocurrency space:
1. Do not borrow money to trade cryptocurrencies, do not borrow money to trade cryptocurrencies, do not borrow money to trade cryptocurrencies.
If you borrow money to trade cryptocurrencies, it shows you have a gambling mentality, betting until you end up with nothing.
2. Do not go all-in on leverage, do not go all-in on leverage, do not go all-in on leverage.
Leverage +, all-in, gambling mentality, gamble until you have nothing left.
3. Do not trade cryptocurrencies on small platforms, as most small platforms are internal markets.
Internal trading is just creating a candlestick; your money has not entered the market but has gone into that shell company's account.
The game rules themselves dictate that most outcomes of leverage end up being zero; the capital behind loves to watch a group of retail investors go all-in on leverage because the next moment, the money will fall into their pockets!
See original
As a cryptocurrency novice for more than three years, I will briefly review my experience in trading cryptocurrencies. At the beginning of 2021, Bitcoin surged from $10,000 to $30,000 each, an increase of 300%, becoming popular in the financial world. I learned about Bitcoin's existence through YouTube news. So, I deposited $1,600 as my principal and, as a beginner, jumped into the Bitcoin market. Before purchasing Bitcoin, I learned how to trade cryptocurrencies on YouTube. Half a month later, I understood the most basic techniques: "Don't chase rising prices or panic sell," "Don't trade frequently," and "Don't hold your entire capital." With a nervous heart, I took out 20% of my principal and bought Bitcoin at the then price of $40,000 each. Later, as Bitcoin rose, I thought I had really mastered the trading skills, so I gradually used my remaining capital to purchase more Bitcoin as its price increased, completing the action of chasing the rise. However, just as I had fully invested in Bitcoin, the price dropped to $28,850 each between January 18 and the end of January 2021. I panicked, thinking it would continue to fall. Ultimately, succumbing to human nature, I cut my losses and completed the action of panic selling. But just after I sold, Bitcoin rebounded... From then on, I was caught in the cycle of chasing rises and panic selling without return. With this strategy, my final holding cost was around $45,000, and my $1,600 was reduced to $1,200. I didn't want to keep struggling, so I held onto it without selling. On March 8, 2021, Bitcoin rose to $61,800 each. I thought it would continue to rise, so I kept holding. Then things took a turn for the worse; Bitcoin started to drop, falling all the way to mid-July 2021... The price reached $30,000, and I was utterly confused. During this time, I deposited another $1,000 and discovered that Ethereum had a higher volatility, so I started jumping back and forth between Bitcoin and Ethereum. Later, I found that altcoins had even higher gains, and eventually, through a series of trades, I lost all my principal. I lost everything on a couple of altcoins called Luna and USTC. Anyone familiar with the cryptocurrency space knows about the Luna crash event. The market was extremely volatile. I wanted to take risks and tried to buy in during the sharp decline, betting on a rebound... But it never rebounded. At that point, I was left with only $200, and I went to gamble on 10x contract trading... You can probably guess that my principal was wiped out like that.
As a cryptocurrency novice for more than three years, I will briefly review my experience in trading cryptocurrencies.

At the beginning of 2021, Bitcoin surged from $10,000 to $30,000 each, an increase of 300%, becoming popular in the financial world. I learned about Bitcoin's existence through YouTube news.

So, I deposited $1,600 as my principal and, as a beginner, jumped into the Bitcoin market.

Before purchasing Bitcoin, I learned how to trade cryptocurrencies on YouTube. Half a month later, I understood the most basic techniques: "Don't chase rising prices or panic sell," "Don't trade frequently," and "Don't hold your entire capital."

With a nervous heart, I took out 20% of my principal and bought Bitcoin at the then price of $40,000 each.

Later, as Bitcoin rose, I thought I had really mastered the trading skills, so I gradually used my remaining capital to purchase more Bitcoin as its price increased, completing the action of chasing the rise.

However, just as I had fully invested in Bitcoin, the price dropped to $28,850 each between January 18 and the end of January 2021. I panicked, thinking it would continue to fall. Ultimately, succumbing to human nature, I cut my losses and completed the action of panic selling.

But just after I sold, Bitcoin rebounded... From then on, I was caught in the cycle of chasing rises and panic selling without return.

With this strategy, my final holding cost was around $45,000, and my $1,600 was reduced to $1,200. I didn't want to keep struggling, so I held onto it without selling. On March 8, 2021, Bitcoin rose to $61,800 each. I thought it would continue to rise, so I kept holding.

Then things took a turn for the worse; Bitcoin started to drop, falling all the way to mid-July 2021... The price reached $30,000, and I was utterly confused.

During this time, I deposited another $1,000 and discovered that Ethereum had a higher volatility, so I started jumping back and forth between Bitcoin and Ethereum.

Later, I found that altcoins had even higher gains, and eventually, through a series of trades, I lost all my principal.

I lost everything on a couple of altcoins called Luna and USTC. Anyone familiar with the cryptocurrency space knows about the Luna crash event.

The market was extremely volatile. I wanted to take risks and tried to buy in during the sharp decline, betting on a rebound... But it never rebounded.
At that point, I was left with only $200, and I went to gamble on 10x contract trading...

You can probably guess that my principal was wiped out like that.
See original
Those who can survive in cryptocurrency trading until the end will not be lacking. So the first principle of trading is to ensure that you can survive in any market condition, and that you can survive without suffering significant losses. You only need to achieve the following: 1. Strong position management skills 2. Have a reasonable stop-loss 3. Maintain the mindset to execute the first two (overcome human greed) #炒币日记 #炒币人的心态 #炒币是一场修行 #炒币老是亏经验和教训分享 $BTC $ETH $SOL
Those who can survive in cryptocurrency trading until the end will not be lacking.

So the first principle of trading is to ensure that you can survive in any market condition, and that you can survive without suffering significant losses.

You only need to achieve the following:

1. Strong position management skills
2. Have a reasonable stop-loss
3. Maintain the mindset to execute the first two (overcome human greed)

#炒币日记 #炒币人的心态 #炒币是一场修行 #炒币老是亏经验和教训分享

$BTC
$ETH
$SOL
See original
How to make money in the crypto world and earn your first million! 1. Hold mainstream coins for the long term Bitcoin (BTC) and Ethereum (ETH) are the 'big shots' in the crypto world. Bitcoin is like digital gold, with great long-term appreciation potential; Ethereum is the leader in smart contracts, with a rich ecosystem. Buy in bear markets and sell in bull markets; historical data shows that this strategy often yields good returns. 2. Regular investment (DCA) If you don't want to be anxious about market fluctuations, you can try regular fixed investment. For example, invest $500 each month to buy Bitcoin, regardless of price increases or decreases. Over the long term, costs will average out, and returns will gradually accumulate. 3. Diversify investments, don’t go All-in Don’t put all your money on one coin. You can diversify into Bitcoin, Ethereum, stablecoins (like USDT), and add some promising small coins (like SOL, XRP). This can reduce risk and capture more opportunities. 4. Leverage market cycles The crypto market has bull and bear cycles, usually every 3-4 years. Buying at low prices in bear markets and selling at high prices in bull markets is key to making big money. For example, Bitcoin may drop to low levels in a bear market but can increase several times during a bull market. 5. Learn market dynamics The crypto world changes quickly, so continuous learning is important. Keep an eye on industry news, professional articles, and join some investment communities to enhance your judgment. Don’t invest without understanding; avoid following the crowd. 6. Control risks, don’t be greedy Set stop-loss and take-profit levels: decide how much you are willing to lose before entering and how much to sell for profit. Avoid high leverage: while leverage can lead to quick gains, it can also lead to faster losses; beginners should definitely avoid it. 7. Earn passive income through staking and mining If you hold coins, you can earn additional income through staking or liquidity mining. For example, you can put your coins into DeFi protocols and earn interest while resting. 8. Patience and discipline The most important qualities for investing in the crypto world are patience and discipline. Don’t be frightened by short-term fluctuations; stick to long-term strategies. By holding mainstream coins, investing regularly, diversifying, and leveraging market cycles, you can gradually accumulate wealth. The crypto world offers opportunities, but risks are also high; don’t be greedy and take steady steps to succeed. If you want to seize this bull market, learning on the fly will definitely be too late; it’s best to have someone guide you quickly into the game, follow the public account (Trend Prediction) #炒币日记
How to make money in the crypto world and earn your first million!
1. Hold mainstream coins for the long term
Bitcoin (BTC) and Ethereum (ETH) are the 'big shots' in the crypto world. Bitcoin is like digital gold, with great long-term appreciation potential; Ethereum is the leader in smart contracts, with a rich ecosystem. Buy in bear markets and sell in bull markets; historical data shows that this strategy often yields good returns.
2. Regular investment (DCA)
If you don't want to be anxious about market fluctuations, you can try regular fixed investment. For example, invest $500 each month to buy Bitcoin, regardless of price increases or decreases. Over the long term, costs will average out, and returns will gradually accumulate.
3. Diversify investments, don’t go All-in
Don’t put all your money on one coin. You can diversify into Bitcoin, Ethereum, stablecoins (like USDT), and add some promising small coins (like SOL, XRP). This can reduce risk and capture more opportunities.
4. Leverage market cycles
The crypto market has bull and bear cycles, usually every 3-4 years. Buying at low prices in bear markets and selling at high prices in bull markets is key to making big money. For example, Bitcoin may drop to low levels in a bear market but can increase several times during a bull market.
5. Learn market dynamics
The crypto world changes quickly, so continuous learning is important. Keep an eye on industry news, professional articles, and join some investment communities to enhance your judgment. Don’t invest without understanding; avoid following the crowd.
6. Control risks, don’t be greedy
Set stop-loss and take-profit levels: decide how much you are willing to lose before entering and how much to sell for profit.
Avoid high leverage: while leverage can lead to quick gains, it can also lead to faster losses; beginners should definitely avoid it.
7. Earn passive income through staking and mining
If you hold coins, you can earn additional income through staking or liquidity mining. For example, you can put your coins into DeFi protocols and earn interest while resting.
8. Patience and discipline
The most important qualities for investing in the crypto world are patience and discipline. Don’t be frightened by short-term fluctuations; stick to long-term strategies. By holding mainstream coins, investing regularly, diversifying, and leveraging market cycles, you can gradually accumulate wealth. The crypto world offers opportunities, but risks are also high; don’t be greedy and take steady steps to succeed.
If you want to seize this bull market, learning on the fly will definitely be too late; it’s best to have someone guide you quickly into the game, follow the public account (Trend Prediction) #炒币日记
See original
When I first started trading cryptocurrencies, I made about 14 million yuan with a capital of 50,000 yuan. I had never worked since I graduated from college.When I first started trading cryptocurrencies, I made about 14 million yuan with a capital of 50,000 yuan. I had never worked since I graduated from college. I have been traveling in Kunming and Dali, and I don’t buy a house or a car. The first month’s consumption was really high! How I make money: 1. With a capital of 50,000 yuan, I worked on projects in college, such as Taobao, shua orders, express delivery, APP charging, and various small tasks, and saved up 50,000 yuan. 2. Entering the cryptocurrency circle, I think BTC is too expensive, so I keep playing with ETH, which has leverage, and then there are the altcoins. Choose the coin and manage the position well. Just follow the simple idea all the time. If the market is not good, you will lose a little, and if the market is good, you will make a lot of money.

When I first started trading cryptocurrencies, I made about 14 million yuan with a capital of 50,000 yuan. I had never worked since I graduated from college.

When I first started trading cryptocurrencies, I made about 14 million yuan with a capital of 50,000 yuan. I had never worked since I graduated from college.
I have been traveling in Kunming and Dali, and I don’t buy a house or a car. The first month’s consumption was really high!
How I make money:
1. With a capital of 50,000 yuan, I worked on projects in college, such as Taobao, shua orders, express delivery, APP charging, and various small tasks, and saved up 50,000 yuan.
2. Entering the cryptocurrency circle, I think BTC is too expensive, so I keep playing with ETH, which has leverage, and then there are the altcoins. Choose the coin and manage the position well. Just follow the simple idea all the time. If the market is not good, you will lose a little, and if the market is good, you will make a lot of money.
See original
The uncle in the currency circle who started to speculate in 2017, sitting on his small balcony, sipping coffee, recalling some interesting stories that happened in the currency circle in 2024. This year, there was a crazy "Bitcoin Pet Competition" in the currency circle. Major digital currencies have launched their own "pet coins", and pit bulls, Ethereum cats, and dogecoins have come into being. I remember once, I went to a digital currency summit, and someone actually brought a pit bull to the venue. This pit bull was also wearing a Bitcoin collar, which simply stole the limelight! In addition to pet coins, a "blockchain + food" craze also emerged in 2024. A restaurant launched "blockchain roast duck". It is said that each piece of roast duck is engraved with a unique blockchain address. After eating, customers can also scan the code to receive a certain number of token rewards. Of course, some people also joked that this is an attempt to issue "eating currency". There was also an inexplicable "disappearance of digital currency" in the currency circle in 2024. An exchange suddenly announced its closure, causing the digital assets of millions of users to disappear. The owner of this exchange claimed that his private key was accidentally lost and he could not retrieve the user's assets. As a result, the owner was nicknamed "missing tycoon" by netizens and became a laughing stock in the currency circle. In 2024, the currency circle not only has pet coins and food chains, but also a large wave of "blockchain + sports" projects. Some teams have launched their own digital tickets, and fans can buy tickets through blockchain technology, and realize the traceability and anti-counterfeiting of tickets. This makes many fans sigh: "No more worrying about tickets being snapped up by scalpers in the future!" These interesting little stories make me deeply sigh that the currency circle is developing so fast that it is really overwhelming. Perhaps, one day in the future, digital currency and blockchain technology will be integrated into all aspects of our lives and become an indispensable part of our lives. Just like the Internet back then, it is changing our world. #币安合约锦标赛 #币圈故事会 #炒币日记 $BNB $BTC $ETH
The uncle in the currency circle who started to speculate in 2017, sitting on his small balcony, sipping coffee, recalling some interesting stories that happened in the currency circle in 2024.
This year, there was a crazy "Bitcoin Pet Competition" in the currency circle. Major digital currencies have launched their own "pet coins", and pit bulls, Ethereum cats, and dogecoins have come into being. I remember once, I went to a digital currency summit, and someone actually brought a pit bull to the venue. This pit bull was also wearing a Bitcoin collar, which simply stole the limelight!
In addition to pet coins, a "blockchain + food" craze also emerged in 2024. A restaurant launched "blockchain roast duck". It is said that each piece of roast duck is engraved with a unique blockchain address. After eating, customers can also scan the code to receive a certain number of token rewards. Of course, some people also joked that this is an attempt to issue "eating currency".
There was also an inexplicable "disappearance of digital currency" in the currency circle in 2024. An exchange suddenly announced its closure, causing the digital assets of millions of users to disappear. The owner of this exchange claimed that his private key was accidentally lost and he could not retrieve the user's assets. As a result, the owner was nicknamed "missing tycoon" by netizens and became a laughing stock in the currency circle.
In 2024, the currency circle not only has pet coins and food chains, but also a large wave of "blockchain + sports" projects. Some teams have launched their own digital tickets, and fans can buy tickets through blockchain technology, and realize the traceability and anti-counterfeiting of tickets. This makes many fans sigh: "No more worrying about tickets being snapped up by scalpers in the future!"
These interesting little stories make me deeply sigh that the currency circle is developing so fast that it is really overwhelming. Perhaps, one day in the future, digital currency and blockchain technology will be integrated into all aspects of our lives and become an indispensable part of our lives. Just like the Internet back then, it is changing our world.

#币安合约锦标赛 #币圈故事会 #炒币日记 $BNB $BTC $ETH
See original
#内容挖矿 #BNB January 24th, I will start sharing my currency speculation diary from today on. First of all, let me introduce myself, an ordinary person, an old leek who has been in the industry since the end of 2017 but has lost a lot. Start again at the end of 2023 with a capital of 200,000. The current holdings include: 60% is BNB, and there are also some ETH, TWT, and SATS that together account for about 15% of the positions. The remaining bullets will also wait for BNB to be in a good position before buying the bottom. Then another platform has 10,000. Recently, two short-term speculations were made, and now it has reached 15,000. This money is placed on this exchange to buy small currencies and earns compound interest. Attached is a picture of today’s results (Troll sold at the highest point) thanks 🙏 #炒币日记
#内容挖矿 #BNB

January 24th, I will start sharing my currency speculation diary from today on.
First of all, let me introduce myself, an ordinary person, an old leek who has been in the industry since the end of 2017 but has lost a lot. Start again at the end of 2023 with a capital of 200,000.

The current holdings include: 60% is BNB, and there are also some ETH, TWT, and SATS that together account for about 15% of the positions. The remaining bullets will also wait for BNB to be in a good position before buying the bottom.

Then another platform has 10,000. Recently, two short-term speculations were made, and now it has reached 15,000. This money is placed on this exchange to buy small currencies and earns compound interest. Attached is a picture of today’s results (Troll sold at the highest point) thanks 🙏

#炒币日记
See original
Programmer Lao Zhang's three fantastic years in the cryptocurrency worldI have a neighbor named Zhang, who is a programmer at Huawei. He has good skills and a good temper, and lives an ordinary life. One day, he became fascinated by Bitcoin, and his life has been like a cheat since then. #### The counterattack begins Mr. Zhang was usually very busy working overtime, but late one night, he accidentally heard about Bitcoin. With the mentality of "giving it a try", he invested his year-end bonus in it. Unexpectedly, Bitcoin soared like a rocket, and Mr. Zhang's account instantly increased several times. In just a few months, his assets reached 23 million! After quitting his high-paying job, Lao Zhang devoted himself to the cryptocurrency world and became the "cryptocurrency master" in the community. Even the aunties in the community began to ask him for investment tips. Lao Zhang was full of energy and felt that his life was about to take off.

Programmer Lao Zhang's three fantastic years in the cryptocurrency world

I have a neighbor named Zhang, who is a programmer at Huawei. He has good skills and a good temper, and lives an ordinary life. One day, he became fascinated by Bitcoin, and his life has been like a cheat since then.
#### The counterattack begins
Mr. Zhang was usually very busy working overtime, but late one night, he accidentally heard about Bitcoin. With the mentality of "giving it a try", he invested his year-end bonus in it. Unexpectedly, Bitcoin soared like a rocket, and Mr. Zhang's account instantly increased several times. In just a few months, his assets reached 23 million!
After quitting his high-paying job, Lao Zhang devoted himself to the cryptocurrency world and became the "cryptocurrency master" in the community. Even the aunties in the community began to ask him for investment tips. Lao Zhang was full of energy and felt that his life was about to take off.
See original
300u Comeback 2023 December 22 #炒币日记 I lost money in two positions in a row until I only had 300u left. At the same time, I still need to buy u from c2c to ensure my basic life. Currently, I am looking for opportunities in high-density contracts to make big gains with small profits. The position may be wiped out in the next second, and I don’t know how far my 300u capital can go. With only 300u left, I have a dream that I will have 100,000u in my account during the Chinese New Year, so that I can have a good year.
300u Comeback 2023 December 22 #炒币日记

I lost money in two positions in a row until I only had 300u left. At the same time, I still need to buy u from c2c to ensure my basic life.

Currently, I am looking for opportunities in high-density contracts to make big gains with small profits. The position may be wiped out in the next second, and I don’t know how far my 300u capital can go.

With only 300u left, I have a dream that I will have 100,000u in my account during the Chinese New Year, so that I can have a good year.
See original
Real record of the journey of currency speculation with 100U principal (Day 13) March 7, 2024 (Thursday) Current total assets: 139U Floating profit and loss: 39U Cumulative return: +39% Yesterday’s real offer: Sell: Buy: FET Coin Bitcoin BTC (big pie) closed yesterday: 66074.04U Special statement: This is just my personal operating record and does not serve as any investment advice, let alone to advise you to buy! There are risks in the currency circle, so be cautious when investing! #炒币 #炒币日记 $FET
Real record of the journey of currency speculation with 100U principal (Day 13)

March 7, 2024 (Thursday)

Current total assets: 139U

Floating profit and loss: 39U

Cumulative return: +39%

Yesterday’s real offer:

Sell:

Buy: FET Coin

Bitcoin BTC (big pie) closed yesterday: 66074.04U

Special statement: This is just my personal operating record and does not serve as any investment advice, let alone to advise you to buy! There are risks in the currency circle, so be cautious when investing! #炒币 #炒币日记 $FET
Login to explore more contents
Explore the latest crypto news
⚡️ Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number