There is a very foolish way to trade cryptocurrencies that allows you to maintain "ever-increasing profits," rolling over your investments for 4 months to achieve a 400-fold return! Aim for 30 million!
If you plan to invest in the cryptocurrency market, please take a few minutes to read my answer word for word, as it may save your life and your family.
Thousands of originally happy families have ended up broken and devastated because they pursued the unattainable dream of making a fortune in the crypto market.
I believe that if I really want to continue on the trading path, I need to focus on learning. In addition to understanding the basics, analyzing news, and studying technical indicators, I should also conduct research.
If I do not conduct in-depth research and reasonably plan how to manage my money, my funds will eventually be exhausted. In the end, as a retail investor without a solid foundation, I will only joyfully enter the market and leave in disappointment.
There is a reason why some well-known technical indicators have stood the test of time. For example, the MACD divergence signal, KDJ overbought and oversold signals, support and resistance signals, etc. Although they cannot guarantee profits, they can help you conduct quantitative analysis within a relatively mature framework, thereby providing investors with a basic direction.
Investors have a basic direction.
In the cryptocurrency market, there is only one way to turn a few thousand into 1 million in capital, and that is through rolling over.
Once you have 1 million in capital, you will find that your entire life seems different. Even if you do not use leverage, if you hold a spot investment that rises by 20%, you will have 200,000, which is already the annual income ceiling for most people.
Moreover, when you can grow from tens of thousands to 1 million, you will grasp some ideas and logic for making big money. At this point, your mindset will also calm down a lot, and from then on, it will just be a matter of copying and pasting.