First, let's show the yield chart. A picture is worth a thousand words!
(Talking to the master of the thousand-fold profit)
From 20,000 to 20 million!!! How did that happen?
After chatting with my brother who made a thousand times profit in a month, I’ll discuss many questions that everyone has.
First, I still feel that this is a market where opportunities exist—a market where one can make large gains with small investments. I gradually gained some capital.
Tired, starting to become risk-averse as the capital amount gradually increases, becoming more cautious and timid, pursuing extremely small drawdowns. This path.
There’s nothing wrong with the path, but it can make you lose many opportunities and ways of thinking to gain large profits with small investments.
On the first day, he contacted me, saying he had seen the thousand-fold idea and felt there was no problem; he was very supportive, and this month he traded courageously.
It surged to a thousand times, which shocked me.
I said that traditional markets cannot leverage this much. In this market, you can use 10,000 yuan to buy 1 million worth of assets; that’s the essence of this.
The chances for a market turnaround. In the past, I also viewed altcoins and leverage with colored glasses because I felt my position was.
The risk is quite high, and for the sake of so-called safety, I self-limit and generally don’t look at altcoins. Thus, I miss many opportunities.
The basis of this idea actually states that there are many opportunities in the cryptocurrency market. Below is the record of this interview: 1.
When did you start trading full-time, and what were you doing during the hardest times?
Answer: I started trading full-time in 2021. After trading full-time, my income became unstable and I was in debt. On one hand, there was the heavy repayment pressure.
The market is a low-volatility situation, with no hope of turning around; this period is probably the most painful.
2. In these days of communication, I feel that you are particularly low-key and humble. Please self-evaluate what kind of personality you belong to, and do you think.
What is the relationship between trading style and your personality? Answer: My personality is a bit stubborn; my thoughts are not easily changed by others.
In trading, I will refer to some KOL's views, but my overall judgment generally does not change. However, there are both good and bad aspects.
bad judgment; when you judge correctly, you can hold on to profits, and when you judge incorrectly, profits can retract significantly, even encountering reversals.
I also failed to stop losses in time, resulting in liquidation.
3. Facing the fear of capital drawdown and holding positions, how do you adjust and maintain trading status? Answer: Capital drawdown is actually a
very normal occurrence; you must gradually accept it. If you want to achieve significant profits, you must hold positions for a longer time, as various fluctuations are unavoidable.
If you are overly anxious and can't stand a small drop, wanting to run away, you won’t catch the big market trend. (In our conversation, we both sighed at how.
Many times, it's because of losses and gains that I become numb; positions swell, desires expand, and your acknowledgment ability will also fluctuate.
Gradually improve.
4. What data and indicators do you refer to when selecting targets, and what kind of technical analysis do you use?
Answer: For selecting targets, I mainly look at BTC+ and ETH+; when these two have market movements, I primarily trade them, and I actually don’t pay much attention to altcoins.
I'm not very good at it; usually, after the first big rise, when the enthusiasm is high and everyone is discussing in various groups, that's when I enter for some short trades.
lines. Technical analysis mainly looks at the BOLL line and MA line; I think having one or two familiar indicators is enough; too many indicators can actually confuse.
will interfere with each other.
5. When rolling positions, what timing do you choose to increase your position? After a market correction, or do you continue to add when it breaks upwards?
I will use floating profits to increase positions in other potentially rotating targets.
Answer: Rolling positions is actually a very difficult thing to do, only suitable in trending markets. After making profits in base positions, when encountering the market.
After a correction and after stabilizing for a while without continuing to drop, this is when you can add positions. Adding positions will raise the average price, which is necessary.
You must control the average price below the low points of the correction. If it drops again, it indicates a wrong judgment, and you should have exited before the low point.
This way, there’s basically no profit, but at least there won't be any losses. If you want to roll positions, you must accept such drawdowns. Typically, when rolling positions, focus.
Just one variety will do; operating too many varieties can easily affect judgment, and encountering unexpected market conditions can lead to a chain of liquidations.
6. After experiencing so many ups and downs, is there any valuable experience or lessons you can share? Many people in this market
This belongs to those with very little capital but still want to earn their first pot of gold through trading. Perhaps your current trades have no replicable patterns.
However, if you can have more than three experiences of gaining large profits with small investments in your trading career, what valuable experiences and advice can you share?
Answer: The financial market is quite cruel; the cryptocurrency market, which lacks regulation, is even crueler. The ones making money are always the minority; most people.
People are generally losing. So I think you should only enter the market with money you can afford to lose from the very beginning; never borrow funds.
that could lead to irreversible losses. I basically missed the entire bull market in 2021 because I was in debt and had to withdraw profits whenever there was a slight gain.
Repaying debts, my funds never accumulate, and I can't hold long-term positions. This time, my short-term rolling positions mainly relied on luck.
The trend market can be considered a small bull market. My own skills are actually quite average; specific operations may rely more on market feeling.
My market sense comes from watching the market for over three hundred days a year, for six to seven hours a day, but this also depends on.
It's really not stable; if you earn money, that's fine, but if you don't, those years will be wasted. I believe that making big money largely relies on.
Luck; technology only helps you lose less when you lose and earn more when you earn. In a lively market like now, many opportunities will arise.
Different varieties rotate; as long as you don't chase highs, you can generally make some profits. The cryptocurrency market is very volatile, with many opportunities; slowly compounding.
You can achieve very objective profits. (The answer is very objective, but we can see his focus on trading; one year can be observed for over three hundred days.)
Over three hundred days of market observation; this focus, I believe, can outpace most people.
Question: When you were honing your skills in the valley, did you set limits on yourself? What level of ambition and desire did you wish to achieve? Answer: Trading coins for two to three.
There was a time when I was lucky enough to catch a small bull market, and with contracts and spot trading, I made over ten million. At that time, I had a very good grasp of the market.
Confidence; later, when the market reversed, I stubbornly held on and ultimately went bankrupt. After that, it became an obsession; I always wanted to return to that peak.
I made several hundred thousand a few times, always thinking of continuing to heavily invest to return to tens of millions, but I wasn't that lucky; the market quickly reversed afterwards.
It’s another case of going bankrupt and starting over. This time I managed to break the previous obsession and no longer have so many wishes.
Question: During this month's holding process, did your psychological changes lead you to think about taking profits when capital increased?
During this time, I either focused calmly on increasing or decreasing positions or leisurely set stop-loss orders and let things develop as they would, going to sleep.
Watching the K-line changes before the market opens can be nerve-wracking; emotions change along with it.
Answer: As capital grows, my mindset becomes more stable; I often think about taking profits, so in the end, this wave of profits was taken early.
In terms of mentality, I was still nervous at first, often watching the K-line, but as profits increased, and the market moved more in my favor, I became more relaxed.
The more I walked the path of judgment, the calmer I became. I set stop-loss and take-profit orders and went to sleep.
Why do you want to communicate with me?
Proving that rolling positions is an effective method! Therefore, I am willing to share this strategy.
Next, I will share the trading process of this month.
Chart 1: The first wave was TRB+, at that time I found it was not dropping, and rebounded every time it fell slightly, so I opened positions.
I started going long. The next day, there was a sudden spike within a few minutes; I happened to check it then, so I quickly took profits and also
I opened a short position and quickly exited. This profit-taking was almost entirely due to good luck; if I hadn't checked my phone during those minutes, I wouldn't have been able to exit at the peak.
Chart 2345: Then I started to go long on TRB, and later found that LINK+ and SOL+ were also strong, so I began to go long on them simultaneously.
I also opened a short position once, resulting in a significant loss, and then I realized that it was too strong to short again. I should have looked for another opportunity.
Going long. The most profitable part of this segment came from BTC. On the morning of October 16, I opened some base positions, and at one o'clock in the afternoon, BTC broke through 27,500.
Initially strong, I observed for a few hours and found that it wasn't going down, so I added positions. By nine o'clock at night, BTC suddenly spiked sharply.
30,000; I didn't exit, so I decided to wait and see. A few days later, I found it didn't drop below 28,000, feeling there was hope to recover previous losses.
I went from a pin of 30 million to over 31,000, so I continued to add positions. I didn't expect to be too conservative and closed at 31,950. After a while,
It could directly reach 35,000. Chart 6: After a few days, I noticed BTC started to consolidate, and altcoins became active, so I looked for opportunities to heavily invest during corrections.
I increased my positions in LINK and SOL, and reopened BTC and ETH. In the end, I actually closed these positions early, which reduced profits significantly, showing that my
My judgment is generally average; I mainly relied on luck to catch the market trend. If I had to do it again, I might not achieve the same result.
Chart 1
This article is from the big V wb of the divine hand laughing, nothing more, pure sharing, wishing everyone wealth.
This article is from the master of the divine hand laughing—let's learn together and prepare for wealth!
Welcome to communicate! I have valuable insights, and I'm also willing to share with everyone! This article shares ideas and does not constitute any investment advice. The market has risks; enter with caution.
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