Make 1 million from 10,000; it can be done in less than a year.
BRETT+, launching in February 2024, takes 45 days to grow from 10,000 to 1 million;
BOME+: launching in March 2024, takes 2 days to grow from 10,000 to 1 million;
DOG Rune+: launching in April 2024, takes 7 days to grow from 10,000 to 1 million;
DAVIDO: launching in May 2024, takes 20 days to grow from 10,000 to 1 million;
WOLF+: launching in June 2024, takes 24 days to grow from 10,000 to 1 million;
Fight+: launching in July 2024, takes 1.5 days to grow from 10,000 to 1 million;
NEIRO+: launching in August 2024, takes 1 hour to grow from 10,000 to 1 million;
Neiro, launching in August 2024, takes 7 days to grow from 10,000 to 1 million;
MOODENG+, launching in September 2024, takes 3 days to grow from 10,000 to 1 million;
GOAT+, launching in October 2024, takes 4 hours to grow from 10,000 to 1 million.
Miracles only happen on-chain and in the primary market!
I previously made 200 times profit on a single coin with Pnut+!
I know an old mentor who entered the market with 100,000 and now has a value of 10 million. He told me something that enlightened me. He said: 'The cryptocurrency market is full of chaos; if you can control your emotions, this market is a cash machine!'
I am 45 years old, with a net worth of over 50 million, of which about 47 million was made from 'trading coins', never used leverage, and plan to go public with a private placement.
There is a 'foolproof' way to trade coins, following the lead is very simple! Share it with those who see this article.
The tips for the crypto market are as follows:
Tip one: Don't sell if it doesn't rise, don't buy if it doesn't drop; don't trade during sideways periods. Stick to buying on down days and selling on up days; going against the market is heroism. If faced with high or low consolidation, it may be wise to wait. After a high consolidation, when it rises again, be sure to seize the opportunity to sell; when it consolidates at a low and makes a new low, this is a great time to buy in.
Tip two: Consider buying when there's a significant drop in the morning, and sell when there's a significant rise in the morning. Avoid chasing highs in the afternoon when prices rise, and consider buying the next day after a drop; do not cut losses during a morning drop, and rest during periods of no fluctuation.
The four shortcuts to ruin are:
1. Blindly chasing highs and cutting losses;
2. Engage in futures leverage;
3. Engage in margin trading;
4. Frequently perform short-term miraculous operations.
The four main roads to the peak of life are:
1. Work steadily;
2. Use spare money for investment;
3. Buy at the bottom and hold long-term;
Make money when prices rise, earn coins when they fall.
As long as you hold and do not sell, you will not incur losses.
Always remember: never go all in.
Essential trading skills to know in the crypto circle:
1. Go with the trend: follow the major trend, buy at lows, and avoid chasing highs.
2. Strict stop-loss: timely stop-loss to protect capital, don’t rely on luck.
3. Focus on leaders: avoid junk and shanzhai, pay attention to leading mainstream.
4. Chip analysis: use on-chain data, volume, and chip density distribution to judge main force accumulation and coin price trends.
A method I personally tested, turning 500,000 into 10 million; using just this method (price action - 10 price action trading tips for quick results), the win rate is as high as 99% and suitable for everyone!
Thinking back to when I first stepped into the trading market, I tried everything to find knowledge about this, hoping to learn everything as soon as possible so that I could quickly start practicing and making money.
Price action trading involves not just trading single chart patterns like pin bars or engulfing patterns, but interpreting market sentiment, identifying value areas, and trading along paths of least resistance. Price action trading can complement technical indicators; the key is to deeply understand your trading tools and how to use them effectively.
In this guide, you will learn ten price action trading tips that will instantly enhance your trading performance.
2. Avoid trading when the market is far from moving averages.
When the market shows a trending movement, it usually indicates that prices will return to a certain moving average, specifically, depending on the strength of the trend:
(1) In a strong trend, the market tends to rebound to the 20-period moving average;
(2) In general trends, the market tends to return to the 100-period moving average;
(3) In a weaker trend, the market tends to return to the 200-period moving average.
Therefore, trading when market prices are far from moving averages is what traders are least willing to do.
(1) Price is far below the EURJPY's 100 MA in the daily time range
(2) Price far from EURGBP's 20 MA in daily time range
Professional advice: Investors need to identify the moving averages that are currently 'recognized' by the market. In strong trend markets, lower period moving averages are often valued by the market, while higher period moving averages are more concerned in weak trend markets. If you wish to learn how to use moving averages for trading, I recommend you refer to Steve Burns' book 'Moving Averages 101'.
One, about returns
Assuming you have 1 million, after reaching a 100% return, your assets will reach 2 million. If you then lose 50%, it means your assets will return to 1 million. Clearly, losing 50% is much easier than gaining 100%.
Two, about price fluctuations
If you have 1 million, after a 10% gain on the first day, your assets reach 1.1 million, then a 10% drop the next day leaves you with 990,000. Conversely, if you drop 10% on the first day, and then gain 10% the next day, your assets are still 990,000.
Three, about volatility
If you have 1 million, earning 40% in the first year, losing 20% in the second year, earning 40% in the third year, losing 20% in the fourth year, earning 40% in the fifth year, and losing 20% in the sixth year, your remaining assets will be 1.405 million, and the annual yield over six years will only be 5.83%, even lower than the coupon rate of a 5-year treasury bond.
Four, about 1% daily
If you have 1 million, if you can earn 1% every day and exit, then after 250 days, your assets can reach 12.032 million, and after 500 days, your assets will reach 145 million.
Five, about 200% annually
If you have 1 million and achieve a 200% return for five consecutive years, then after 5 years your assets will reach 243 million, but such high returns are difficult to maintain.
Six, about tenfold in ten years
If you have 1 million and hope to reach 10 million in ten years, 1 billion in twenty years, and 10 billion in thirty years, then you need to achieve an annualized return rate of 25.89.
Seven, about adding positions
Assuming you bought a coin at 10 yuan for 10,000, and now it has dropped to 5 yuan, if you buy another 10,000, your holding cost can drop to 6.67 yuan, rather than the 7.5 yuan you imagined.
Eight, about holding costs
If you have 1 million and invest in a coin that profits 10%, when you decide to sell, you can leave 100,000 worth of chips, then your holding cost will be zero, and you can hold for the long term without pressure. If you are extremely optimistic about this coin and leave 200,000 worth of chips, you will find that your profit will rise from 10% to 100%, but don't be complacent, because if this coin drops 50% later, you might still incur losses.
Nine, about asset allocation
With a risk-free asset A (annual return 5%) and a risky asset B (return -20%-40%), if you have 1 million, you can invest 800,000 in risk-free asset A and 200,000 in risky asset B, then your worst return for the year is zero, and the best return could be 12%. This is the prototype of the CPPI technique applied to principal-protected funds.
Summary of practical experience: the 'secret weapon' of trading strategy
Having battled in the crypto circle for so many years, I have accumulated some practical trading strategies. The following rules are the crystallization of personal practical experience.
Entry section
Testing the waters in the crypto circle, prepare to proceed first; enter steadily, refuse to rush in.
Sideways section
Low-level sideways and new lows are the right time to bottom fish; high-level sideways and rising high, decisively sell without hesitation.
Volatility section
Sell at highs, buy at rapid drops; observe during sideways markets and reduce trading.
Sideways means substituting sideways for declining, hold tight to your chips, and a rise may come in the next second; during a rapid rise, beware of a crash and be ready to secure profits; a slow decline is a good time to gradually add positions.
Timing of buy and sell section
Don't chase highs, don't sell; don't drop, don't buy; don't trade during sideways.
Buy on down days, sell on up days, operate contrary to the market to stand out.
Buy in the morning when prices drop, sell in the morning when prices rise; don’t chase highs in the afternoon when prices rise, buy the next day after a drop; don’t cut losses during a morning drop, and rest when there’s no fluctuation; add positions to recover losses, avoid excessive greed.
Risk Awareness Section
Calm lake surface rises high waves, subsequent big waves may follow; after a big rise, a pullback is inevitable, K-line shows a triangle over several days.
In an uptrend, look for support; in a downtrend, look for resistance.
Going all in is a major taboo; being obstinate is not feasible; face the impermanence and know when to stop, grasping the timing of entry and exit.
Trading coins is essentially about trading mindset; greed and fear are major enemies; be cautious when chasing highs and cutting losses; a calm mind leads to freedom.
In addition to the rules, I have also organized several super practical trading methods, whether you are a beginner or an experienced player, you can benefit from them.
Fluctuation trading method
Most markets are in a fluctuating pattern, using high-sell low-buy within a box is the foundation for stable profits. Use the BOLL indicator and box theory, combined with technical indicators and patterns to accurately find resistance and support. Follow short-term trading principles and avoid greed.
Breakout trading method
After a long period of consolidation, the market will choose a direction; entering after a breakout can yield quick profits. However, one must have precise breakout judgment ability, maintain a steady mentality, and avoid greed and fear.
Unilateral trend trading method
After a market breakout, a one-sided trend will form, trading in the direction of the trend is key to profit. Enter during pullbacks or rebounds, using K-lines, moving averages, BOLL, trend lines, and other indicators, proficient use allows for ease.
Resistance and support trading method
When the market encounters key resistance and support levels, it is often blocked or supported; entering at this time is a common strategy. Use trend lines, moving averages, Bollinger Bands, parabolic indicators, etc., to accurately judge resistance and support levels.
Pullback rebound trading method
After significant rises and falls, a brief pullback or rebound will occur; seize the opportunity to profit easily. This is mainly based on candlestick patterns, and good market sense can help you accurately grasp highs and lows.
Time period trading method
Morning and afternoon sessions with small fluctuations are suitable for conservative investors; while it takes longer to profit, the market is easier to grasp; evening and early morning sessions with large fluctuations are suitable for aggressive investors; they can profit quickly but the difficulty is high, requiring strict technical and judgment capabilities.
I hope these experiences and insights can help you. Remember, in the crypto circle, the most important thing is to maintain a calm mindset and strict operational discipline. May you succeed in your future investments.
Bitcoin trading, large and small cycles determine entry points, profits multiply tenfold.
Previously discussed entry points in the trading system, the choice of entry point is very important for trading.
Those with practical trading experience know that market false breaks or poor entry points lead to excessive stop losses; at this time, one can only reduce the entry capital; often, in a big market, the profits are relatively small.
Everyone needs to summarize their own entry methods, don’t mention those who enter randomly based on feelings.
My commonly used method is to combine large and small cycles to find entry opportunities.
Because we are doing trend trading, the method must include trend judgment, and then choose the trading level according to one’s trading style.
Therefore, I recommend using large, medium, and small cycles for analysis.
1. Large cycles: Determine direction and analyze trends, whether it is in a fluctuation or a trend, only engage in the initiation and continuation phases of the trend, pause during fluctuations and wait...
2. Medium cycle: operational level, position level
3. Small cycle: entry level, stop-loss level
Large, medium, and small cycles, choose according to your operational habits.
The following diagram reveals the method of combining large and small cycles. The insider saying is to follow the large trend, counter the medium trend, and follow the small trend.
Trading coins is a journey, from losing seven to breaking even to making one, it’s all about focusing and not getting greedy for various profit models; steadfastly sticking to one trading system, over time this system will become your cash machine.
