Many people have been in the crypto space for years, only to quietly exit in the end, not because they missed the bull market, but because they fell victim to the most basic mistakes!
Over the years in the crypto space, I have accumulated about a million in profits, with a principal of 80,000, and I have been trading full-time for 10 years. During this time, I have experienced quite a few ups and downs, but I truly made big money thanks to two bull market opportunities. Today, I am sharing my ultimate methods with everyone!
I have always felt that the dumbest way to trade is often the most effective.
But this approach is too slow and too boring; the vast majority of people cannot stick to it. Because they always fall victim to these three major “common ailments”:
⚠️ First is chasing prices and selling at a loss. As soon as they see a coin rise, they rush in, fantasizing that it will continue to soar, only to buy at a high point, panic when it drops, and miss the rebound. Only those who can get used to buying during downturns and selling during peaks truly reap the benefits of the cycle.
⚠️ Second is heavy bets on direction. The direction is correct, but they get swept out of the market after a few washouts by the main force; it’s not a wrong judgment, but a lack of endurance.
⚠️ Third is emotional full positions. In a fit of excitement, they go all in, losing the flexibility to adjust their positions. Even if they are right, they can’t move their funds, and when the opportunity arises, they can only feel anxious.
At the end of the day, in the crypto space, it’s never the market that loses, but the habits.
I have summarized a set of short-term “six-character principles.” The reasoning is simple, yet it is the easiest to overlook:
1⃣️ When high positions are consolidating, new highs are often still to come; when low positions are volatile, they are likely to probe lower again. Do not act until the trend changes.
2⃣️ Do not enter the market when it is in a sideways movement. Most people die in the oscillation.
3⃣️ Buy on daily bearish closes and sell on bullish closes. Following market sentiment is better than subjective judgment.
4⃣️ Slow declines are hard to bounce, while rapid declines can easily rebound. Only by seeing the rhythm can one seize the opportunity.
5⃣️ Build positions like a pyramid, entering in batches, and always leave some bullets.
6⃣️ After large rises and falls, there must be oscillation, and after oscillation, there will definitely be a trend change. Do not bet in extreme positions; wait for the signal to act.
The market is not short of opportunities; what it lacks are those who can endure, wait, and survive. You think experts rely on luck, but in fact, they take the “dumb methods” to the extreme!
Pay attention intraday; SOPH RPL SYRUP