The dumbest way to make money in the crypto world, the biggest fear of the market makers is that you learn it!
The secret to getting rich quickly is not insider information, nor is it luck, but a "simple and straightforward" dumb method: Three Don'ts + Six Must-Knows.
Three Don'ts: Break one, and it's the root of explosive losses
1️⃣ Don't chase highs and sell lows
When prices rise sharply, it's easy to get trapped; real opportunities often lie at the low points when others are panicking.
2️⃣ Don't go All in on a single coin
Don’t put all your eggs in one basket; always keep 30% cash on hand so you have the confidence to buy the dip during a crash.
3️⃣ Don't be fully invested
Position management determines life and death; save your bullets and wait for opportunities, that's the way for retail investors to survive.
Six Must-Know Mantras: Understand them and you're not far from steady profits!
1️⃣ Consolidation = The Night Before a Trend Change
When the trend is unclear, it's better to wait than to act impulsively.
2️⃣ Sideways = Liquidation Trap
The longer it stays sideways, the harder it will drop. Don’t get itchy hands; being able to endure is a win.
3️⃣ Buy on bearish candles, sell on bullish candles
Big bearish candles during a sharp drop are often opportunities, while big bullish candles are often sell signals.
4️⃣ The harder it drops, the stronger the rebound
After a sharp decline, it is often accompanied by the most violent rebounds.
5️⃣ Pyramid Positioning Method
Don’t go all in at once; add to your positions in batches, becoming more stable as it drops.
6️⃣ Liquidate when the trend changes
When the trend changes, don’t hesitate; decisively execute profit-taking and stop-loss actions.
This set of methods that "seems very dumb" is exactly the discipline that most people can't achieve.
If you can do it, the market makers can’t do anything about you!
Don’t rush to be the smart one; be steady and you can live long and earn steadily!