In one year, starting from scattered 10,000 in capital, achieving a glorious result of 1 million in the cryptocurrency market, the secret is only one: precisely grasping the rolling warehouse strategy and deeply understanding the accumulation of major altcoins!
I have personally experienced and verified this strategy. In just 11 months of 2024, I turned an initial capital of 10,000 into an astonishing leap in wealth, accumulating over 1.8 million in profits, with a return rate exceeding an amazing 180 times!
If you also harbor the dream of getting a piece of the pie in the field of digital currency, then please take a few minutes to patiently read the following content. Perhaps, this will become the last piece of the puzzle on your path to becoming a millionaire!
Today, I want to share the best practical advice with you:
The method of position management is to operate in batches.
Batching: divided into equal batching and unequal batching.
First: Equal distribution, also known as rectangle trading method, refers to dividing funds into several equal parts, buying or selling in turn, with each transaction's fund proportion being the same. Typically, 3 or 4 parts are used. For example, first buy 30%. If it starts to profit, buy another 30%. If there is no profit, refrain from using new funds for the time being. When the price of the cryptocurrency reaches a certain high point or the trend changes, gradually reduce your position and sell.
Second: Unequal distribution, refers to allocating funds in different proportions to buy or sell, ratios like 1:3:5, 1:2:3:4, 3:2:3, etc. The shapes produced by these ratios can be categorized as: diamond, rectangle, hourglass, etc., with the commonly used method being the pyramid trading method.
Third: Equal funds, equal positions, compare different methods.
Pyramid: Buy 5 layers at 1000, 3 layers at 1100, 1 layer at 1200, average price 1055.
Inverted pyramid: Buy 1 layer at 1000, 3 layers at 1100, 5 layers at 1200, average price 1144.
Equal parts rectangle: Buy 3 layers at 1000, 3 layers at 1100, 3 layers at 1200, average price 1100.
When the price rises to 1200, profits respectively: Pyramid 145, Inverted Pyramid 56, Rectangle 100.
When the price falls to 1000, losses respectively: Pyramid +55, Inverted Pyramid -144, Rectangle -100.
For example: If a certain cryptocurrency falls to 10 yuan, buy 20% of your position, and when the price drops to 8 yuan, enter another 30%. At this point, the average cost is 8.6 yuan. If the price continues to drop to 5 yuan, enter another 40%, averaging 6.5 yuan. If the price rebounds to 6.5 yuan, you break even. If it rebounds to 10 yuan, it means you made a profit of 3.5 yuan. But if you fully invested at 10 yuan, you would just break even when the price returns to 10 yuan.
The simplest and most straightforward method of trading spot in the cryptocurrency market:
For many who want to profit from spot trading in the cryptocurrency market, finding a simple and effective trading method is undoubtedly a huge challenge. However, after long-term exploration and practice, I have discovered a very practical spot trading strategy that not only improves the win rate but also helps you seize major trend markets.
First, we need to focus on the weekly-level cloud system. By observing historical trends, you will find that after a weekly bottom appears, it is often followed by a strong rally. Therefore, if you focus on capturing the weekly-level bottom, you will almost never miss any major market trends.
Of course, during trading, we inevitably encounter situations of double bottoms or double tops. So, how should we handle these situations?
Regarding double bottoms, when the first bottom appears, we can choose to enter the market. However, after the market rises a certain distance, we need to set a stop-loss at the cost price. Although many people think stop-losses are unnecessary in spot trading, they are very necessary in weekly-level trading. If a double bottom appears, we can wait for the second bottom to enter.
For double tops, handling them may be more complex. When a top appears at the weekly level, it usually indicates that the risk is relatively high. You can choose to liquidate your position or wait for a pullback before entering the market again. But regardless of your choice, you need to refer to the daily level. If the weekly level retraces to the daily bottom, we can choose to enter. If the daily level rebounds, the weekly market is likely to form a second top, which may be significantly higher than the previous peak.
Next, I will illustrate the application of this strategy through a specific example. After the first peak of a bull market, the market underwent a correction. So, should we enter after the correction? At this time, we need to refer to the daily-level charts. If the daily level is completely at the bottom, entering at this time will basically not go wrong and can capture the final major trend.
Finally, I want to emphasize that this trading strategy is more suitable for investors with a larger capital base or those who prefer to trade major trends. For spot trading, due to the high uncertainty of contracts, everyone’s position management ability differs, so I do not recommend contract trading. As for altcoins, you can refer to the bottoms of mainstream coins (like Bitcoin) to buy in, which will generally not have too large a price difference.
In summary, this simple and efficient secret of spot trading can help you seize major trends and improve your win rate.
However, please remember that every trade carries risks, so be cautious in your operations and allocate funds reasonably.
Four major rules to remember when trading cryptocurrency! Strictly execute 99% will not incur losses!
On the path of investing in cryptocurrencies, whether you are a beginner or an expert, you need to have your own principles! Each investment is an experience; seize your every growth. As the saying goes, 'I reflect on myself three times a day.' Only by learning to summarize and cultivating your own principles, and not losing yourself on the investment path, can you go further and stand taller!
A good teacher can guide you through confusion, help you find the right path, clarify direction, and success is just around the corner! As an investor in the market, we must first learn how to listen to the market's voice and listen carefully. This lays the foundation for successful trading. At the same time, we must perceive opportunities that most people cannot sense and dig for potential trading opportunities.
Investment taboos: Blindly following the herd effect will inevitably lead to destruction!
In fact, profit is not the ultimate goal of a trader; it is a journey. There are no investors who only win and never lose. Try to focus your energy on pursuing trading skills and enjoying the trading process, rather than blindly pursuing profit results, which is also a good choice.
It is very important to stick to your own views, and sometimes it is also advisable to adopt contrary thinking. Financial investment training points out that during market price fluctuations, many complex factors influence decisions. When investors lose their self-judgment, they often choose to follow the crowd, even leading to herd behavior, which leads to destruction.
Trading plan: Once formulated, execute it strictly! Don’t let greed cloud your judgment!
At critical moments, we should calmly and objectively enjoy the pleasure of being sober while everyone else is intoxicated. During the trading process, some investors lament that it is difficult to make decisions. In fact, regardless of whether you support a position, holding patience is the most challenging. The worst thing is to not strictly set stop-losses when losing, blinded by greed.
To trade, one must have a firm belief and sufficient confidence in the market. This is the only guarantee for investors to survive in the cryptocurrency market. After formulating an investment plan, it must be strictly executed, and one should not be disrupted by temporary fluctuations. Adjusting one's mindset is very important; a journey of a thousand miles begins with a single step. As long as you handle each step well, you will have less regret and more confidence.
Reflecting on my decades of trading experience, I believe there are several crucial points to achieve long-term profitability:
1. Control your desires, don’t listen to others’ stories blindly, choose a legitimate platform and reliable teachers. A good mindset is more important than anything.
2. Trend trading, only trade in correct trends and waves. If you don't have a 70% confidence level, it's better not to trade.
3. Reasonably control your position. Only by reasonably controlling your position can you have a stable opportunity for profit. Otherwise, even if your account has been profitable, it will eventually lead to total failure.
4. Always set stop-losses when entering the market. In the cryptocurrency market, generally 50-100 points is advisable. Not setting stop-losses means that every trade could lead to account failure.
As a beginner: Respect the market, follow the market, and adapt to the market!
Regarding the relationship between investors and the market, Qing Tian believes that investors are always subordinate to the market. Every investor is part of the market, not the entirety, following the market and cannot surpass it. What we need to do is to maintain a sense of awe towards the market at all times.
Market trends can never satisfy everyone, including my analysis. You either control the market, or the market controls you. Your mindset determines whether you are a rider or a horse. The market environment will not change, and the solution lies in changing your mindset. If you cannot control the market during trading, you must control your emotions. If you still show impulse in a weak market, it indicates you still have passion for trading. If you are always impulsive, it indicates you do not understand trading.
Sometimes the money in this market comes easily, but it goes even easier. There is no need to trace the source of profits, but you must understand the reasons for losses. If you experience repeated losses on the same issue, then I think you have already found the method for gaining profits. In great fear and trepidation, no one can pity you. Betting everything may lead to total loss. Only by being steady can you secure victory.
The same market situation, different guidance, different life. It is said that following the right trades leads to winning a trade, and following the right people leads to winning a lifetime; the tumultuous bull-bear transitions of China's capital market have created a group of people. In them, we see sharp instincts, experienced countless glories and hardships, after several parabolic movements in life, finally transforming from an ordinary person into a significant capital tycoon. I remember a saying: I was born in poverty, but I must not die in poverty.
I am Yu Ge, a mentor and friend on your investment journey! I wish everyone investing in the market smooth sailing. As an analyst, the most basic thing is to help everyone make money, solve your investment confusion, provide operational advice, and let strength speak. When you lose your way and don’t know what to do, I will guide you.
In great fear and trepidation, no one can pity you. Betting everything may lead to total loss. Only by being steady can you secure victory.
