The secret to getting rich in the crypto world is often hidden in the most foolish methods.
Today I’m going to reveal this 'foolish method' that even the operators would break out in a cold sweat — because it’s so simple it’s outrageous, yet it can make your account balance soar like a rocket!
Three major taboos in cryptocurrency trading, break one and you'll be poor for three years!
First taboo: Chasing highs and cutting lows! Do you know why 90% of retail investors lose money? Because they always shout 'this time is different' when the price soars, only to be trapped at the mountain top drinking northwest wind.
The real tough ones always enter the market when blood flows in the crypto world — when even the exchange app dares not open, that’s when you should be greedy!
Second taboo: All in on a single coin! Have you ever seen a gambler put all their assets on a 'lucky number'? Their endings are written in the bathrooms of the casino's VIP room. Keep 30% cash on hand, only then will you know what the joy of 'while others panic, I buy the dip' is during a crash!
Third taboo: All-in gamble! The cruel truth of the crypto world: Opportunities are always more than money. Those who are all in are like hunters with their hands and feet tied, watching the fat sheep slip away right in front of them. Remember, position management is the lifeline of top experts!
Six key rules for short-term trading, every move is deadly.
1. The law of consolidation turning points: High position sideways? Don’t rush, the operators will definitely create a 'false breakout' to lure you in! Low position grinding? Be careful, a sharp drop often strikes during despair! Remember: Before the direction of the turning point is confirmed, your hands are more precious than gold!
2. Sideways = Death Trap: Data tells you that 80% of liquidation happens during sideways periods! Those who can’t resist the itch to trade, the grass on their grave is already three meters high.
3. Buy on bearish candles, sell on bullish candles: Reverse operation is the way to go! When the K-line closes with a terrifying large bearish candle, congratulations — it’s time to pick up money!
4. The principle of accelerating declines: The slower the price drops, the gentler the rebound; the crazier the drop, the more violent the rebound! Next time you see a waterfall-style drop, be prepared with a bag to collect money!
5. Pyramid building technique: The secret that Wall Street big shots refuse to disclose: In the bottom area, add 10% to your position every time it drops by 10%, and you can push the cost down to make the operators cry!
6. Clearing positions during volatility: Is the bullish coin flatlining? Don’t be greedy, withdraw your capital and let the profits fly! Is the bearish coin flatlining? Don’t be lucky, cut losses faster than Bruce Lee’s punch!
After years of trading, I’ve earned and lost. Let’s summarize the main reasons for losses, some of which I’ve made myself.
Leverage is a double-edged sword; if used well, you will run faster than others; of course, on the contrary, if used poorly, you will die faster than others.
After playing with leverage for a long time, you will find that trading spot becomes very easy. Many novice traders hope to make huge profits from a single trade, turning 10,000 into 1,000,000, then from 1,000,000 to 500,000, losing 50%, returning to 1,000,000, needing to double it, and returning to 0, which is just one double.
Therefore, beginners are most likely to become self-absorbed, thinking they are exceptionally talented after making a few trades, and in excitement, they go all in, only to return to zero. Traders who truly want to survive in the crypto world never put themselves in a desperate situation. From the moment they go all in or heavily invest, they are destined to be losers. I hope traders pay enough attention to leverage trading!
Experienced players choose to stay absolutely out of the market during uncertain upward or downward trends, not rushing to operate. They quickly enter when the trend is clear, and also do so with small positions, while many ordinary retail investors frequently operate and take large positions in unclear market conditions, leading to continuous losses, and facing fierce main forces, the losses are even greater.
Bear markets are for accumulation, bull markets are for profit. Let Twilight help you find your own treasure of wealth.
You will never earn forever,
Beyond your understanding of money.
Unless you rely on luck.
However, relying on luck to make money,
In the end, it often relies on strength to incur losses.
This is an inevitability.
Every penny you earn,
It’s all about your understanding of things.
Every penny you lose,
It's all due to the flawed understanding of things.
The greatest fairness in this world is:
When a person's wealth exceeds their understanding,
There are 100 ways in this society to harvest you.
Until your knowledge and wealth match.
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