"How much can an ordinary person earn in a lifetime?" Don't rush to answer, let's do some math:
Time: Graduating at 22 and retiring at 60, working for 38 years ~ 14,000 days. Removing dating, illness, travel, and raising children, the days you can actually "make money" = 10,000 days.
Income: Calculating based on a monthly salary of 6,000 yuan (after tax - 5,000 yuan), if you never eat, drink, or spend money in your lifetime, you can earn a maximum of 2 million. Reality: Mortgage, car loan, formula milk money, ICU bills... 90% of people spend their whole lives in a "cycle of debt - repayment - debt."
Since you've chosen the crypto world, you need to understand some basic knowledge.
Indicator screening for coins to avoid pitfalls
Use MACD to find entry signals; coins with golden crosses above the 0-axis are more reliable. For example, SOL in 2024 rose by 50% using this strategy. Newbies should spend some time learning this, it's much better than randomly buying.
Keep a close watch on the 20-day moving average; hold if the price stays above it, and run immediately if it breaks. Don't learn from my past mistakes of stubbornly holding onto altcoins, which resulted in huge losses; moving averages are lifesavers!
Break through the moving average and add positions in batches. Sell 1/3 at a 40% rise, sell another 1/3 at 80%, and sell all if it breaks the line. BTC from 80,000 to 100,000.
When you roll 10,000 capital into 500,000, that's when you've grasped the trick to making big money in trading. Walking this bumpy road, the trading logic has been sorted out, and the mindset has stabilized completely; you won't be easily swayed by market fluctuations anymore. Friends who want to improve themselves and earn real money in the crypto world must repeatedly ponder these experiences!
Don't compete with the market; if you need to cut losses, do it. Protecting your principal gives you a chance to turn things around!
If you want to make money from investments, just selecting coins isn't enough; position control is key! The crypto market's ups and downs are unpredictable, but managing your position with this trick can yield profits even with your eyes closed.
Enter in batches, and flexibly cut losses and take profits, keeping risks firmly in hand. For example, buy 3 positions to test the waters; if it rises, reduce your position to lock in profits; when a golden cross signal appears during a pullback, add 3 positions, and wait for a second surge to sell high!
Don't panic when stuck at high positions! Use the 333 rule to first add 3 positions, reduce positions during a rebound, and cycle through operations to easily break free!
Is playing short-term trading like playing with your heartbeat?
Remember these 6 phrases; you can operate steadily even with your eyes closed!
Don't rush during sideways trading: high-level consolidation might be hiding a big move, while low-level consolidation could hide risks; wait for a breakout before acting!
Control your itching to trade: 80% of losses come from random operations during sideways markets. If there are no signals, just relax; don't be a sucker!
Buy on down days, sell on up days: Bottom-fish when the market is calm, and run when emotions are high; going against human nature is the way to profit!
Look at the speed of decline for rebounds: don't touch slow declines, decisively buy during rapid declines! The pits created by panic often hide big profits!
Building positions in batches is stable: first buy 10% to test the waters, add positions if it fluctuates 5%, flattening the cost so you don’t panic! Don’t get carried away in massive rises and falls: after continuous large rises and falls, there must be a sideways market; chasing up or bottoming out at this time is just handing out money!
Don't be led by the market; operate according to the rules.
Don't be greedy and try to get rich quick; compound interest is the real bomb!
Save your bullets, stay calm to smile until the end!
I am Uncle Jie, skilled in short and medium-term contracts, and medium to long-term spot layouts. Detailed strategy teaching points @Uncle Jie Come