The financial market is like a battlefield; if it’s war, then you need to strategize.
As Sun Tzu said: Know yourself and know your enemy, and you will never be defeated.
Those who know both themselves and their opponents will never be defeated; those who know their own strengths but not their opponents will win once and lose once; those who do not know either will be defeated in every battle.
What is knowing oneself? Knowing victory has five aspects, which involve strict examination and analysis of one's own conditions, allowing for objective and rational analysis, thus knowing where one's advantages lie. What is knowing the enemy? It means having an in-depth understanding of the enemy's strengths and weaknesses to avoid strong attacks and strike weak points, devising different strategies for response.
The so-called knowing oneself and knowing the enemy means planning ahead to win from afar.
When we invest in the cryptocurrency market, we must first consider our own strengths and weaknesses before trading.
What is your trading skill level, understanding of the investment target, investment capital usage cycle, cost of use, risk tolerance, investment thinking and concepts, mindset, and strategies?
The better we understand ourselves at this stage, the more confident we will be after investing. Thus, no matter how the market fluctuates later, we can remain calm. The more prepared we are before investing, the fewer problems we will face later.
Knowing the enemy involves understanding industry development trends, development prospects, policy directions, the financial cycle of the macro environment, transitions between bull and bear cycles, development routes of project parties, the ability to discern the authenticity of news, etc.
The more accurately you summarize and refine, the clearer you will become. External distractions in your decision-making will decrease. Just like many current investors in the cryptocurrency market, heavily in debt, hoping to quickly turn things around. What I want to say is that everyone has walked some winding paths in this society. However, at this moment, we need to be clearer rather than blindly make decisions.
Whether it's about one's own debts or abilities, conduct an overall assessment: what do I have, what am I lacking? The deeper the self-analysis, the more effective the problem-solving will be; having problems is not something to be afraid of.
What is frightening is to evade these problems, ignore them, yet hope that repeating past behaviors will allow you to turn things around. We must face our own deficiencies and strengths squarely; where we are lacking, we must improve. Only then can we truly grow. The cryptocurrency market is indeed a field where ordinary people can quickly turn their fortunes around, without needing strong connections or large amounts of capital. However, the premise is that we must continuously improve our knowledge and abilities.
Make sure to seize the upcoming bull market cycle in the cryptocurrency market over the next four years, and you will achieve a good result as expected. I hope that we can all strive hard on the path of growth; any difficulties will become our stepping stones on the road to success.
Three years in the industry, five years to understand, ten years to reign. "A must-read for cryptocurrency players! A complete manual for accumulating small funds to achieve large profits!"
The methods of ordinary people in their 20s and 30s who have made 10 million in the cryptocurrency market. This article provides a wealth of practical insights from basic operations to core ideas, which can serve as a reference for experienced players, especially recommended for those with a weaker foundation.
In summary, there are three points
Methods for small capital to turn around
High capital practical operations for stable profits
The core logic of cryptocurrency investment
Through understanding the fan community, we found that many ordinary office workers and even students are eager to earn profits through investment. However, many people do not really understand the methods of investing in the cryptocurrency market.
First of all, cryptocurrency investment is a form of financial investment, and our goal is to double our economy within a certain period while achieving continuous profits. Compared to the expectation of getting rich quickly from a single contract, we emphasize avoiding blind speculation like gambling and should adopt more stable strategies.
In addition to waiting for opportunities, traders need the ability to discern the magnitude of opportunities. You cannot always trade lightly nor excessively heavily; usually, small positions can be operated, but when a big opportunity arises, you should take a larger position.
For example, rolling positions are operations conducted when a big opportunity arises. You cannot always roll positions, but even if you miss one, it's okay, because in a lifetime, if you can successfully roll positions three or four times, you could accumulate up to a million or even tens of millions, which is enough for an ordinary person to join the ranks of the wealthy.
Rolling positions are suitable for small or medium-sized funds. Spot: Suppose you only have $1000 today, and the current value of Bitcoin is $30,000, and you believe Bitcoin is about to rise. If you use $1000 to buy, when it rises to $36,000, you earn $200. Because you only have $1000, you only earn $200 when the price doubles: In summary, there are three points.
Methods for small capital to turn around
High capital practical operations for stable profits
The core logic of cryptocurrency investment
Through understanding the fan community, we found that many ordinary office workers and even students are eager to earn profits through investment. However, many people do not really understand the methods of investing in the cryptocurrency market.
First of all, cryptocurrency investment is a form of financial investment, and our goal is to double our economy within a certain period while achieving continuous profits. Compared to the expectation of getting rich quickly from a single contract, we emphasize avoiding blind speculation like gambling and should adopt more stable strategies.
In addition to waiting for opportunities, traders need the ability to discern the magnitude of opportunities. You cannot always trade lightly nor excessively heavily; usually, small positions can be operated, but when a big opportunity arises, you should take a larger position.
For example, rolling positions are operations conducted when a big opportunity arises. You cannot always roll positions, but even if you miss one, it's okay, because in a lifetime, if you can successfully roll positions three or four times, you could accumulate up to a million or even tens of millions, which is enough for an ordinary person to join the ranks of the wealthy.
Rolling positions are suitable for small or medium-sized funds. Spot: Suppose you only have $1000 today, and the current value of Bitcoin is $30,000, and you believe Bitcoin is about to rise. If you use $1000 to buy, when it rises to $36,000, you earn $200. Because you only have $1000, you only earn $200 when the price doubles.
Collaborating with some stable bloggers might earn you some small money, but if you desire to get rich quickly, the target for small funds should be contracts. For instance, if you think Bitcoin will rise by 20% five times, your $1000 will earn you $1000. However, be aware that contracts are not something to play with casually; leveraging small amounts also requires some skill.
Regarding rolling positions, the following points need to be noted:
Sufficient patience; the profits from rolling positions can be enormous. As long as you can successfully roll a few times, you can accumulate at least tens of millions to billions. Therefore, do not roll positions easily; find opportunities with higher certainty.
High certainty opportunities usually occur after a sharp decline followed by sideways consolidation, then breaking upwards. At this time, there is a high probability of following the trend, so it is important to find the point of trend reversal, ideally getting on board early.
Maintain patience and wait for opportunities; even if there are only a few opportunities every month, just roll more. The risk of rolling positions: The rolling strategy is not high risk; the risk is far lower than the logic of opening futures positions.
