In 1989, my assets in the cryptocurrency market had already reached over 40 million. In today's era, it's not just middle-aged men trading cryptocurrencies; I know many college students who trade as well. I have been in the cryptocurrency market for ten years, starting with 50,000 and making a profit of 10 million, then going into debt of 8 million, then making a profit of 20 million, and now achieving financial freedom. In the past two years, from December 23, 2021, to August 6, 2023, I managed to achieve a return of 418,134.86% with less than 500,000, ending up with over 29 million. Here are some practical and useful advice for newcomers to the cryptocurrency market! My trading method is very simple and practical; I reached an eight-digit number in just one year by focusing on one pattern, only entering the market when I see an opportunity, and not trading without a pattern, maintaining a win rate of over 90% for five years.
Today, I want to share this cryptocurrency 'Pin bar trading' strategy and the iron rules I've summarized from ten years in the cryptocurrency market. After years of practical testing, the average win rate has reached 80%, which is a remarkable achievement in the cryptocurrency trading world.
The cryptocurrency market is highly volatile and full of opportunities, but those who can truly make money are often the investors who understand risk management and remain calm in their operations. After years of practical experience, I have compiled 10 key insights for trading cryptocurrencies, suitable for steadily profiting in today's complex market:
1. Don't be too greedy: Money in the cryptocurrency market is never-ending, controlling your mindset and taking profits at the right time is key.
2. Don't be too afraid: Bitcoin, as the market leader, will not easily crash; maintaining confidence is very important.
3. The main players also have difficulties: They are also afraid of not being able to offload their assets, so it's crucial to follow the market leaders' rhythm at critical moments.
4. Pay special attention to cryptocurrencies with increased volume at the bottom: This often indicates that new opportunities are brewing.
5. After a consolidation phase, there are opportunities: Sometimes, just holding on can lead to major market movements after the consolidation ends.
6. Medium-term strategies are key: Hold mainstream cryptocurrencies, sell at highs, buy at lows, and rolling operations can effectively lower costs.
7. Short-term operations should look at four factors: sentiment, heat, candlestick patterns, and the speed of increase to enable precise operations.
8. Cryptocurrencies forming a bottom are a safe choice: Coins that are bottoming out are often the top choice for long-term investors due to their high safety.
9. Cryptocurrencies that are rapidly increasing are the most worthy of attention: This is usually the result of main capital driving the price, and seizing the opportunity can yield profits.
10. Divergence signals are key: Divergences in technical indicators often indicate trend reversals, which are far more significant than the actual values.
In summary, trading cryptocurrencies is not about luck; it's about scientific strategies and calm judgment. Mastering these key insights will allow you to navigate the market with ease and seize every opportunity.#加密市场回调 #以色列伊朗冲突 #币安HODLer空投HOME #美国加征关税 #X平台封号