There is a very foolish method for trading cryptocurrencies that almost guarantees 100% profit. I earned over 20 million using this method!
First, do not be easily deceived into selling low-priced chips; maintain your conviction and prevent market manipulators from crashing the price.
Second, chasing after rising prices and panicking during dips is always a huge mistake. If the overall trend is favorable, building positions gradually during dips is less risky than chasing after rising prices, with lower costs and greater profits.
Third, allocate profits reasonably, maximizing the release of funds rather than continuously increasing positions and injecting more capital.
Fourth, when prices rise quickly, take your capital out; when prices drop sharply, hold onto your coins. Maintain a positive mindset at all times—do not speculate, do not be impatient, do not be greedy, do not be fearful, and do not engage in unprepared battles.
Fifth, the strategy of buying low-priced coins during the early stage relies on experience and betting on the future of that coin with market manipulators, while the later stage of playing in the secondary market relies on technology and information to follow market trends. Do not get the order of operations wrong, or it will end up in chaos.
Sixth, when building positions and selling, you must do so in layers and stages, gradually widening the price segments to effectively control the ratio of risk to profit.
Seventh, be familiar with the interconnected effects; when trading coins, observe the market trends while also paying attention to the movements of other coins. Each coin does not exist in isolation in the overall market; they are intricately connected. Understanding these interconnected effects is crucial, and there are many tools available now to check coin information and consult.
Eighth, the allocation of assets must be reasonable; the configuration of hot coins and value coins should consider both their pressure resistance and profit intake ratios. Being too conservative may lead to missed opportunities, while being too aggressive may expose you to high risks! The main characteristic of value coins is stability, while the main characteristic of hot coins is extreme volatility, which can lead to tremendous gains or total losses.
Ninth, having coins in the market, money in your account, and cash in your pocket is the safest and most reassuring setup. Do not go all-in; going all-in is a guaranteed way to fail. Your grasp of risk management and reasonable allocation of funds are key to determining your mindset and success or failure. Investing with spare capital is fundamental.