I have been trading crypto for 10 years and earned 1.1 million. If you want to change your fate, you must try the crypto space. If you can't make money in this circle, ordinary people will have no chance in their lifetime. Recently, I had the fortune to share tea with a big player in the crypto space, discussing the trends in the market.
His words left me deeply shocked.
It turns out he once blew up his account by trading contracts within three days, losing as much as 50 million yuan. This experience was undoubtedly a profound lesson for him.
Looking back on my journey in the crypto space, it has been full of ups and downs. From initially entering with 50,000 to making tens of millions in a bull market; from tens of millions back to over 2,000 to my current small target of 1.1 million; and now, I am waiting for the next bull market to come, aiming to reach three small targets.
My method of trading crypto is not complicated, but it's extremely practical. In just one year, I turned my assets into eight figures. My secret is to only trade one pattern and decisively enter the market when I see the opportunity; I will not trade without a pattern.
Over the past five years, I have maintained a win rate of over 90%, thanks to my patience and precise judgment.
Today, I will share the best practical advice with you:
The method of position management is to operate in batches.
Batching: It can be divided into equal and unequal batching.
First: Equal distribution, also known as rectangle trading method, refers to dividing funds into several equal parts and then buying or selling in sequence, with the proportion of funds for each buy or sell being the same. Usually, 3 or 4 parts are used. For example, buy 30% first, if you start to profit, buy another 30%. If there is no profit, temporarily no new funds will be introduced. When the price of the coin reaches a certain high point or the market changes, sell off in batches.
Second: Unequal distribution, which refers to buying or selling funds in different proportions, such as 1:3:5, 1:2:3:4, 3:2:3, etc. The shapes produced by these proportions can be classified as: diamond, rectangle, hourglass, etc., with the pyramid trading method being commonly used.
Third: Equal funds, equal positions, using different methods for comparison.
Pyramid: Buy 5 layers at 1000, 3 layers at 1100, 1 layer at 1200, average price 1055
Inverted Pyramid: Buy 1 layer at 1000, 3 layers at 1100, 5 layers at 1200, average price 1144
Equal Rectangle: Buy 3 layers at 1000, 3 layers at 1100, 3 layers at 1200, average price 1100
Price rises to 1200 with profits: Pyramid 145, Inverted Pyramid 56, Rectangle 100
Price drops to 1000 with losses: Pyramid +55, Inverted Pyramid -144, Rectangle -100
For example: If a certain coin drops to 10 yuan, buy 20% of your position. If the price drops to 8 yuan, then enter with 30%. At this point, the average cost is 8.6 yuan. If the market continues to drop to 5 yuan, enter with 40%, making the average 6.5 yuan. If the price rebounds to 6.5 yuan, you break even. If it rebounds to 10 yuan, you make a profit of 3.5 yuan. But if you fully invest at 10 yuan, when the price returns to 10 yuan, you just break even.
The curse of retail investors in the crypto market.
Regarding the curse of buying and falling, selling and rising.
If you think about this problem from a different angle, it will become clear to you. It's a simple principle: If I were a big player, I have built such a large team and invested so much money, my goal is to make money off you, not to help you make money. This is the main point. All actions revolve around this point. After collecting bottom chips secretly for months or even a year, why would I let you fly? So before the price rises, I must get you off the bus.
How to rush? Wash the positions!
After lurking for a while, I have accumulated enough chips, enough to control the market. From then on, the fate of the entire K-line is completely in my hands; mastering the K-line is equivalent to holding the heart of retail investors. The K-line is like a rope, and retail investors are a flock of sheep. Wherever I lead, you will follow, at my mercy. You say you won't easily be swayed; you overestimate yourself. As long as you still have humanity, as long as you have desires, you cannot remain calm. Emotional fluctuations require just a moment; buying and selling actions only take a second.
You will not even have time to realize that your emotions are being manipulated. By the time you notice all this, you have already completed your buying and selling actions, which is exactly what I want you to do. When you think this coin will rise, others will think so too; most people will think so, so it's not just you buying in, others are doing the same. Now that you all have entered, can I still rise? If I rise and all of you make a profit and run away, who will take over the position?
So once you all follow in, I will wash the positions until there are no more indecisive chips left. Unless you uninstall the platform right after buying, then I really can't do anything. But how many can actually do that? On the contrary, when no one thinks this coin will rise, when retail investors do not flock in, and the previous retail investors have been washed out, that’s when I will start to rise, directly pulling up with a big bullish candlestick. Whether you chase or not, if too many chase, I will repeat the washing action again. If you don’t chase?
So why wouldn’t I continue to rise? You all successfully missed the opportunity. This is why buying leads to drops and selling leads to rises is a kind of inevitability, a result caused by the actions of the vast majority of retail investors. This is a dynamic orientation. As long as it is 'the majority', you will fall under this curse.
How to be part of the minority, where the big players hunt down retail investors, while we hunt the big players. The crypto space is not short of many experts; when the big players are hunting retail investors, they watch the show, when the big players are driving prices up, they follow along, and when the big players are distributing chips, they run away.
Their common characteristic is: patience. Like a wolf, staring at its prey, motionless. Knowing yourself and your enemy, you can win every battle. Understanding the enemy's movements allows for targeted actions.
I believe the image below is familiar to old investors, even to the point of being thoroughly understood.
After seeing this picture, you might think, how could I be so foolish?
You don't believe it, right? Just open and check your trading records. Why is it so hard to put simple and easy-to-understand principles into practice?
It's just human nature; trading is about human nature. For example:
In the new drop on December 31, 2022, there was no new low, which was a signal to buy. At this point, just buy and wait to sell in March 2024. It's very simple and clear. When you see this, you might curse me, saying the K-line has already formed, what do you mean by this? What if it hasn't formed?
Every complete K-line is like a complete civilization; history does not repeat, but it continually repeats.
If you fantasize about getting rich overnight by trading contracts, using leverage of 10x or 100x, and want to operate a dozen times a day, then the K-line chart you’ve created is meaningless to you. Your money will ultimately go to zero. Don’t deny it; patience is a luxury for most retail investors.
The entire process shown in the picture takes about a year. You might operate dozens of times in a day, let alone in a year.
Of course, professional short-term traders are exceptions; I admire short-term traders. They require not only patience but also sharp insight. If you have nothing but guesses, then you are gambling, and you are gambling against a big player who knows how to cheat. How can you not lose?
If you want to find opportunities to dig into trends and accurately capture trading timing, welcome to Su Ge's 'main business'!
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