The only way to turn 10,000 into 1 million through cryptocurrency trading in a year is by using: rollover + holding large altcoins!
Here are my current recommendations for position management:
1. For example, if you take out 30,000 USDT for contracts, my suggestion is to divide it into 3 parts, each 10,000 USDT.
2. Each time you open a position, use one part to open a position, fixed at 10,000 USDT; Bitcoin should not exceed 10 times leverage, and altcoins should not exceed 5 times.
3. If you lose money, say you lost 1,000 USDT, you should add 1,000 USDT from outside; if you make 1,000 USDT, you should withdraw that 1,000 USDT.
4. Ensure that every time you open a position recently, you can guarantee a fixed position of 10,000 USDT.
5. Until you earn 60,000 USDT using this method with your 30,000 USDT, raise each of your positions to 20,000 USDT.
The benefits are: 1st point, splitting positions + low leverage to avoid losing all your funds due to exchange needle spikes.
Point 2: Avoid questions like these that get you worked up. One day you get too emotional, and you lose everything; at most you will blow up 1/3, and the rest can give you a buffer opportunity.
Point 3: Maintain a fixed position. You can keep this relatively calm mindset whether you are losing or making profits, which can help stabilize your emotions.
The secret skills have been given to you all; whether you can become famous in the martial arts world depends on yourself.
If you don't want to lose completely in the cryptocurrency market, what kind of mindset should you have?
In the cryptocurrency world, go at your own pace; don't predict rises and falls, just look at the current trend and act according to your plan when conditions are met. Meanwhile, remain calm, learn, be patient, disciplined, think independently, maintain a good mindset, be decisive and brave, and be good at summarizing—none of these can be lacking.
Many people dive into the cryptocurrency world with fantasies of instant wealth but fail to realize that this kind of greedy mindset is the beginning of failure. True cryptocurrency experts often see holding currencies as the foundation, accumulating wealth step by step.
Holding currencies is a stable and visionary investment strategy. When you chat with friends about your involvement in the cryptocurrency space, if you don’t have even one valuable digital currency, how can you confidently consider yourself a 'big player' in the cryptocurrency world? It's like a scholar claiming to have many books while the study is empty, which is hard to believe. Having a certain number of quality currencies not only symbolizes strength but also provides confidence for long-term development in the cryptocurrency space.
Contract trading in the cryptocurrency space is like a double-edged sword; it can be a shortcut to high profits in the short term, but it also hides tremendous risks. Many people are attracted by the high leverage and returns of contracts, dive in, and end up losing everything. In contrast, holding currencies is more like a long marathon; although it may lack the excitement of contract trading, as long as you persevere, you often reap unexpected results. Contracts may just be an interlude on the path to wealth, while holding currencies is the key route to reach the wealth shore.
It must be made clear that the cryptocurrency market is not a place where you can get rich overnight. Those who expect to achieve financial freedom instantly often end in disappointment. However, this does not mean that the cryptocurrency market is unprofitable. By learning professional skills and deeply understanding market dynamics, investors can achieve substantial returns in the cryptocurrency space. Just like an experienced fisherman, once you understand the habits and patterns of fish, you can harvest abundantly in the vast ocean.
In this regard, Teacher Qing Tian, with years of experience in the cryptocurrency market, has summarized a set of effective trading mantras, which are precious assets for newcomers and investors seeking breakthroughs.
These mantras may seem simple, but they contain profound market wisdom and are valuable experiences summarized by countless investors in practice. They are like bright lights illuminating investors' path in the cryptocurrency world; as long as they are remembered and flexibly applied in practice, many detours can be avoided.
In cryptocurrency trading, in addition to mastering these practical mantras, it is also necessary to deeply understand the 'techniques' in trading, namely the application of technical indicators. In secondary market investments, we can divide investment into three levels: Dao, Fa, and Shu, which complement each other and are indispensable.
In trading, the application of 'techniques' is crucial. For most investors, there is no need to pursue overly complex and obscure technical indicators; instead, it’s essential to master the analysis methods of commonly used technical indicators. By deeply studying these indicators, investors can better interpret market signals and seize investment opportunities in this challenging field of cryptocurrency, achieving stable profit growth.
In summary, in cryptocurrency investment, we need to discard wrong mindsets, take holding currencies as the core strategy, remember trading mantras, and master the application of technical indicators, so that we can steadily advance in the waves of the cryptocurrency world and achieve wealth appreciation.
Lost money in cryptocurrency trading? Don't worry, read this and it will help you turn things around!
Friends, are you exhausted from trading cryptocurrencies, with your wallet gradually shrinking? Don't worry, I once went through that unbearable feeling of being heavily in debt, but after much reflection, I finally understood the true essence of trading cryptocurrencies!
Do you know? In the cryptocurrency world, the only type of person who can truly get rich is someone who has experienced liquidation, losses, and can then stand up, summarize experiences, and maintain a strong mindset. That's right, I am that person, and now I'm going to share my experiences with you!
First, you need to understand that trading cryptocurrencies is like waging war; survival is the first principle. No matter how much you've earned before, if you lose 100% in one go, you have to start over. Therefore, preserving your capital is the hard truth! Before each trade, you must ask yourself: How much do I plan to earn? What is the maximum loss I can accept? Once you hit your bottom line, exit immediately without hesitation!
Secondly, you need to have a clear operational system. Don't blindly follow others; just because you see someone else buying something, doesn’t mean you should buy it too. You need to have your own judgment and trading strategy. You should know when to enter and when to exit.
Moreover, trends are your good friends. Don't be blinded by short-term fluctuations; you need to be patient and wait for the big market movements to arrive. Once the trend is clear, follow it and don't go against the tide. Remember, bull markets don’t end in a day, and the same goes for bear markets. You need to be patient to reap the rewards!
Mental quality is also key in cryptocurrency trading. You need to have strong psychological resilience; don't be scared out of your wits by minor fluctuations. You must have the mindset and perspective to handle market volatility with ease.
Of course, you also need to continue learning and researching. Don't think that just because you understand a little, you are invincible. You need to constantly learn new knowledge and understand market dynamics and project backgrounds. Only in this way can you establish a foothold in this ever-changing market.
Finally, I want to tell you the simplest method of trading cryptocurrencies—diversifying investments to reduce risk. Don’t put all your eggs in one basket; you need to spread your funds across multiple promising projects and asset classes. This way, even if one project crashes, you won't be severely hurt.
Also, you need to choose a safe trading platform and wallet. Don't choose unreliable platforms just to save on transaction fees. You need to select well-known, highly secure platforms for trading to protect your capital.
Bitcoin trading, using a one-to-ten trading rollover method.
There is a very realistic issue in trading:
1. If someone has 100,000 capital, a price increase of 10% means a profit of 10,000.
2. If you have 10,000 capital, only by doubling can you make a profit of 10,000.
Is it easier for the market to grow by 10% or to double?
In personal trading, is it easier to catch a 10% market movement or to catch a doubling market movement?
Even for those who have never traded, the answer is obvious.
But if you only have 10,000 capital, how can you quickly increase your capital? Is there any method?
In this world, many fast tracks are designed for brave people. If you dare to take risks, there are many paths.
The pyramid trading method or rollover is an operation technique that exponentially amplifies benefits; while others gain two or three times, you can achieve six or seven times.
Rollover is suitable for: trending markets, a wave of larger unidirectional trends.
The essence of rollover: abandon current profits and reinvest them in trading; control risks through moving stops.
Refer to the following position increase illustration:
Follow Angkor closely, use precise strategy analysis, and select carefully with millions of AI big data to ensure you remain undefeated. The market never lacks opportunities; the question is whether you can seize them. By following experienced and right people, we can earn more!
