I was born in 1986, a full-time cryptocurrency trader with assets in the tens of millions. I withdraw 100,000 from the crypto market each month, feeling no impact, living leisurely and freely, without deceit or intrigue, living the life I want. My daily routine now is: getting up at 6:30 to run, without fail. Mornings generally involve reviewing yesterday's performance and combining it with updates from the night, along with my positions and specific situations to make short-term operations with small funds to enhance market feel. Then I spend 2 hours summarizing the performance, which is the most important task of the morning, aiming to make a good profit at night!
To get to the point, if your funds are below 50,000 and you are worried about losses, what should you do? Here is a simple and effective trading method suitable for anyone, helping you maintain 'everlasting profit'! This method has no technical barriers; just follow the steps, and you can earn an additional 3%-10% profit daily!
Method Explanation: Trade in batches.
1. Batch fund management
Assuming you have 10,000 in funds, divide it into 5 parts, using only 2000 for each trade. This way, even if the market fluctuates, you can retain some funds to deal with emergencies. $ETH
2. Test the waters with a small investment.
Start with 2000 to test the waters by buying a cryptocurrency, to gauge the market trends and avoid the high risk of going all in at once. $BTC
3. Add to your position when prices drop.
If the coin price drops by 10%, use 2000 to add to your position, lowering your holding cost while waiting for a rebound to profit.
4. Take profit in a timely manner when prices rise.
If the coin price rises by 10%, immediately sell a portion to lock in profits, avoiding the greed that leads to pullbacks.
5. Repeat the operation in cycles.
By following these steps, continuously repeat the 'buy-sell-add to position' operations until your funds run out or the coin is completely sold, maximizing profits. Advantage Analysis:
• Low risk: Funds are invested in batches, controlling position risk. #Bitcoin
• High flexibility: Adjust your operations according to market changes, able to move in and out freely. #BTC
• Stable income growth: Daily rolling operations, steadily accumulating profits.
Trading cryptocurrencies is not as simple as you think; it's not just about buying low and selling high to make countless profits. A qualified cryptocurrency trader must track news hotspots, care about international situations, study the fundamentals and technical aspects of virtual currencies, and have a big heart to withstand significant fluctuations, going from nothing to something and vice versa. Those who survive in the crypto world are generally resilient, impervious to temptation, and forged through hardship.
Three Principles of Wealth Acquisition:
Principle 1: Strictly control your position at 50% when building a position; retreat to defend, advance to attack. Never go all in; if the market crashes while you are all in, even a deity can't save you.
Principle 2: Once the price has risen 2-3 times, be sure to sell half first. After recouping your costs, use the profits to slowly play with the market makers. When it reaches your target price, you can sell slowly. We keep 10% of the base position to avoid missing out on benefits from sudden moves by strong market makers.
Principle 3: When the market is crazy and everyone is chasing prices, you must slowly sell off your chips in stages and batches. Do not be superstitious about the numbers in your account; only the money that has entered your pocket is yours. The account on the platform is just a string of numbers.
Three Secrets to Trading Cryptocurrencies!
Secret 1: Use small, unregulated trading websites for cryptocurrency trading; do not put large sums of money in random sites that could disappear. It is better to trade on legitimate large platforms, such as Binance. Secret 2: Recently, there are many crowdfunding coins; please be cautious. Not all are uninvestable, but there are many traps. Be careful, and do not rely on luck. Understand clearly; just because a coin is crowdfunding does not mean you should invest—it is like gambling.
Secret 3: The cryptocurrency market is currently sluggish, and the big market is cooling down. Focus on short-term operations and wait for the right moment to act. For long-term investment, you can choose high-quality coins ranked in the top 20 globally and build positions in batches at low prices. (Remember, do not go all in, meaning do not buy a lot of coins at once; invest too much money. You can start with half a position, buy half the coins, control your risk and funds, and then when prices rise or fall, you can timely add to your position or stop loss. This will be more beneficial for making profits. If you don't add to your position in time, you can minimize losses. Trading cryptocurrencies is all about making money, so be prepared to avoid unnecessary losses.)
Lastly: A crucial point, do not follow the crowd.