Ten Years of Hard-Won Experiences from a Veteran in the Crypto World: How to Turn a $50,000 Capital into Eight Figures
Brothers, put out your cigarettes and pay attention. Back in the day, I was a retail trader left with nothing but my underwear; now I can enjoy Maotai while looking at K-lines, all thanks to this life-saving strategy.
Lesson One: Stay Alive
Divide your capital into five parts, and only use one part per trade. If you get it wrong five times? You’ll only lose 20%, but if you catch one trend, you can turn it around. Remember: cut losses as decisively as you would when having diarrhea, but be as patient with profits as an old person suffering from constipation.
Lesson Two: Be Friends with the Trend
In a downtrend, don’t get tempted to bottom fish; in an uptrend, don’t be too scared to chase. Those coins that double in three days are just traps being set up. The real good opportunities come during a pullback in an uptrend with lower volume—just like a message from your ex-girlfriend when she’s drunk; seize it when it comes.
Technical Analysis Mysticism
A golden cross above the MACD zero line is a charge signal, while a dead cross breaking the zero line means you should quickly pull up your pants and run. If you see a high-level consolidation with massive volume, that’s the big player smiling at you from the mountain top: "Brother, want to take the offer?"
The Two Most Potent Medicines
Adding to your position while losing money is like extending your ICU stay; adding to your position while making a profit is like a money printer. Remember: in a bull market, all bad news is just a shakeout, and in a bear market, all good news is just a trap.
Reviewing your trades is more important than casual hookups; check your positions every night before bed: Has the trend broken? Is the logic still there? Don’t let emotions cloud your judgment— the most expensive tuition in the crypto world is "This time is different."
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