I am a post-95s individual, 30 years old this year, currently living in Changsha, owning two houses, one for my family and one for myself. I have spent 8 years in the crypto space, turning an initial capital of 300,000 into tens of millions. Using the simplest trading method, I managed to maintain 'ever-increasing' profits, rolling over my investments for 4 months to achieve a 400-fold return! Aiming for 20 million!
Trading in crypto for 2880 days, with the highest return reaching 400 times; below are some of my experiences over these 2880 days.
1. Opportunities abound in a bull market, but if you are greedy and try to seize every chance, the outcome will not be good. Although the bull market sees widespread gains, speculation still centers around sectors. Additionally, if a coin surges, it will drive speculation in its sector. Conversely, simply capitalizing on a sector's rise can lead to substantial profits. If you are lucky enough to catch the sector rotation and two waves of the main uptrend, then you will earn unimaginable wealth.
2. There are some basic rules in the crypto space - buy new, not old; investors are always fond of the new and weary of the old, so keep up with the latest market trends. Big markets present big opportunities. - Do not invest all in contracts, and do not open high-leverage contracts; if you must play, never exceed five times leverage, and strictly set stop-loss! The best approach is not to enter contracts at all! Otherwise, you might suffer significant losses! - The crypto market generally operates on a four-year cycle; you must sell all altcoins at the peak of a bull market, or else the declines during a bear market could reach as high as 90%! - The market is driven by expectations; when expectations materialize, the positive/negative impacts end. - For non-large funds, choosing well-known exchanges like OK is sufficient. If your capital exceeds 1 million USDT, consider using a cold wallet.
3. Trading strategy advice: Instead of chasing hot topics, it's better to focus on good projects/sectors where deeper engagement will yield higher returns. The market capitalization of hot projects is usually fully valued, so they often face significant risks, while less popular sectors may present high-leverage opportunities. Select projects that have a certain level of market recognition but are not widely favored, as key research subjects, thus providing high potential returns with low risks; it is not advisable to invest all in one sector, it is best to choose three or four sectors, with two coins in each sector, one leading coin to capture Beta returns, and one low-market-cap coin with high potential for high returns.
Enter positions at the end of a bear market, add positions at the beginning of a bull market, and exit at the end of a bull market. A bear market may last about a year, followed by a consolidation period; during this time, focus on work or your own business, and do not let yourself become idle. During a bear market, there won't be many good trading opportunities, so do not open positions just because of impatience.
Keep up with nostalgia, analyze with precise strategies, and select through massive AI big data investment to secure an invincible position? The market never lacks opportunities; the question is whether you can seize them. By following experienced and the right people, we can earn more!
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