With 30 million assets, you've realized that these seemingly useful short-term trading techniques are useless. You are remarkable, so save your money well, otherwise you'll eventually lose it all.
未入道
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Bearish
I've been in the cryptocurrency circle for seven or eight years, gradually working my way up from a novice to someone with thirty million in their account. Today, I'm going to share my experiences with you.
If you have little capital, don’t be greedy. If your principal is only around 100,000, catching just one clear rise or fall a day is enough. I've seen many people who stare at the market all day long, only to end up not making any money while exhausting themselves. We're not made of iron; we need to rest when we should.
When encountering major positive news, don’t act impulsively. If you haven’t made a move on the day it’s announced, quickly clear your holdings the next day if it opens high. In this market, positive news can sometimes signal the beginning of a decline; don’t wait for the market to reverse to regret not selling early.
Before holidays or policy adjustments, reducing your holdings in advance is definitely a good idea. If you’re uncertain, it’s not shameful to sit on the sidelines and wait; you can jump back in to pick up bargains once the storm has passed.
When engaging in medium to long-term investments, don’t bet all your money. You need to keep some funds for averaging down; I've seen people go all in and then get wiped out when the market fluctuates; that situation is too tragic.
For short-term trading, quick eyes and swift hands are essential. If the market is good and you can make money, seize the opportunity quickly. If the market starts to stagnate, decisively pull back. Don’t always think about buying at the lowest and selling at the highest; we don’t have that capability.
The cryptocurrency market is like a spring; it rises slowly and falls slowly too. If it suddenly spikes, it’s highly likely to experience a waterfall decline shortly afterwards; I learned this rule the hard way, spending hundreds of thousands in tuition.
If you realize you're judging the direction wrong, don’t stubbornly hold on; decisively cut losses. As long as your principal remains, opportunities are always there; this market is never short of opportunities. For short-term trading, don’t look at daily or weekly charts; the 15-minute K line combined with the KDJ indicator is the most practical. Finding the right timing for golden crosses and dead crosses is much better than random trading.
Lastly, mindset is key. Skills can be learned, and experience can be accumulated, but part of the mindset is innate. Many technical experts panic when the market fluctuates, ultimately earning less than those with a good mindset. In the cryptocurrency circle, those who can remain calm and sleep peacefully are the true winners!
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.See T&Cs.