After ten years of ups and downs in the cryptocurrency world, I started with an initial capital of 68,000 I saved from working, and now I have accumulated over 80 million in wealth. I focus on spot trading and keep a respectful distance from contracts. Although I have not achieved a billionaire status starting from ten thousand like some legends, I am already deeply satisfied, steadily moving forward, quietly hoping to cross the 100 million mark by the end of the year, paving the way for more capital earnings in the coming year.
On the journey through the cryptocurrency world, maintaining a peaceful mindset is crucial. In the face of the market's violent fluctuations, I do not let anxiety affect my emotions during sharp declines, nor do I lose myself in temporary euphoria during sharp rises, knowing that securing profits is the safest.
Ultimately, the way to make money relies on skills, which are indispensable, but what is even more valuable is to firmly adhere to a set of internal principles. With this belief alone, I can surpass many peers, eliminating at least 70% of them!
The most important thing in trading is to choose trend trading; in the technical analysis literature, there’s a survey conclusion.
Out of 10 traders, two who are consistently profitable are trend traders.
So when doing trading, you must choose trend trading; combined with the trading system discussed earlier, it can definitely achieve stable profits.
It's already very straightforward here, visually framing the trading norms for newcomers. Even if you are a novice and follow this set, if you still can't make a profit, then it's better not to play.
Next, I will share the core strategies of trend trading, which are the essence, and I can't go into too much detail, so I will keep some valuable insights.
The framework for trend trading is as follows:
1. What is trend, how to judge trend?
Everyone has different criteria for judging trends.
Here I'll simply discuss my own views.
For example, a breakout above the M60 moving average indicates the start of a trend.
For example, according to trend definitions, a high point exceeds a previous high, while the low points also exceed the last low.
2. Trend trading entry methods
Common entry methods for trend trading include two types:
First, enter at support levels, which means entering at pullback positions. The key question is how to determine whether this position is a pullback turning point; commonly used methods include trendline support levels, trendline support levels, and Fibonacci retracement levels.
Secondly, entering on breakouts, the most common is breaking the previous high, and another higher probability is breaking out after a long period of consolidation.
For advanced points, think more about high-probability support and breakout points.
Why do 90% of investors struggle to profit?
The core is frequently making irrational decisions at the wrong time! Whenever the market experiences a pullback, many investors hurriedly sell like startled birds. If you ask them why they sold, the answer is often shocking: "Everyone is selling, if I don't sell, I will lose big!" This kind of blind following behavior has long deviated from the essence of investment; it is merely a wealth consumption battle under collective irrationality.
Global economic fluctuations may seem complex and unpredictable, but they actually align with the underlying logic of capital operation. Whether it’s geopolitical conflicts, cyclical economic crises, or sudden market panics, history is always remarkably similar, continuously reenacting familiar plots:
The operating cycle of large institutions
Step 1: Create panic - institutions sell off in concentrated amounts, causing violent market fluctuations
Step 2: Retail investors cut losses - investors panic and hurriedly sell at lows due to fear
Step 3: Accumulate at low positions - institutions calmly take positions, completing low-cost collection of chips
The cruel truth of the market is:
Professional investors often decisively position themselves during crashes
Ordinary investors always chase highs and sell lows
Ultimately leading to wealth flowing from the hands of the majority to a minority
True investment wisdom should be:
Market crashes are precisely the touchstone for testing quality assets
Collective panic moments often contain excellent entry opportunities
Most profits are often concentrated in a few key holding phases
Please remember:
In the capital market
Short-term price fluctuations are driven by emotions
Long-term value return is determined by the fundamentals of the enterprise
The rule for the poor's counterattack: either turn your fortunes around or accept your fate
"No money, don’t play in the cryptocurrency world? What a load of crap! I entered with 5000, and after three years, I rolled out a down payment!"
Those who tell you "Don't touch cryptocurrency without 100,000" deserve to be vegetables for life. The cryptocurrency world is the last chance for ordinary people, and today this "beggar's version of the wealth strategy" is specifically designed to treat poverty!
First move: Airdrop exploitation - zero-cost robbery of Wall Street
You think airdrops are free money? 99% of people can't even pick up trash! But last year, I made 30,000 dollars with this "matrix bombing method". Cost? 500 bucks!
Airdrop golden rules
Only invest in new projects within the top 50 by market cap (wasting time on shitcoins is better spent sleeping)
Operate 5 wallets simultaneously (500 cost, spread the risk)
Work from 3-5 AM (Gas fees are as cheap as free)
The first 30 days before the mainnet launch are the golden period (the project party spends the most money)
Second move: Contract survival tactics - either eat meat or eat dirt
100x leverage is for martyrs! Poor people trading contracts, staying alive is more important than getting rich fast!
My contract iron law
With a capital of 2000, divide it into 5 trades, only focus on key breakout points of BTC/ETH.
5x leverage (even if it blows up, it won't cause serious harm)
Cut losses at 3% (60 bucks for a lesson)
Run away with a 5% profit (30% average monthly return, very satisfying)
Buddhist system: 3000 with 3x leverage to hoard coins, automatically stop loss if it breaks support
Gambling dog package: Leave 500 bucks for lottery
Zero? Just consider it a contribution to the exchange! But what if I hit a hundred times coin? (laughs)
Bloody lessons
Don't touch altcoin contracts (poor liquidity, guaranteed death from whipsaws)
Don't hold positions (90% of liquidations are due to "just wait a bit")
Don't trade when the Federal Reserve is making noises (volatility is too high, easy to die suddenly)
My three principles for shitcoins
Don't touch coins without audits (99% are rug pulls)
Do not touch Telegram groups without real people (all bot projects = scams)
Don't touch assets with a market cap over 100 million (limited growth potential)
The ultimate mindset for the poor to turn their fortunes around
Seize opportunities that others cannot understand (airdrops, shitcoins, early projects)
Use strategies others dare not use (low-leverage contracts, diversified investments)
Retreat when others are greedy (withdraw principal when doubled, let profits continue to roll)
Remember: In the cryptocurrency world, it doesn't matter how much capital you have; it matters how clear your mind is. Either enter with a strategy or leave with dignity - at least casinos give you free drinks, while in the cryptocurrency world, even tears are expensive.
Today I share with those friends in the cryptocurrency circle who are still at a loss and those newcomers entering the market, hoping to help you, at least to let new coin holders avoid ten years of detours, and I hope you keep this well. In this field full of opportunities and risks, if you want to walk steadily on the investment road and achieve ideal results, you need to deeply understand various investment strategies and techniques.
1: When preparing to enter the cryptocurrency world for investment, first make sufficient preparations. It's better to enter with a small amount at the start than to rush in blindly. Be cautious, fully assess risks and your own tolerance.
2: When the coin price is in a low sideways state and then creates a new low, this is an excellent opportunity to buy heavily. At this point, the market may have reached the bottom, and a significant rebound is expected.
3: When the coin price rises, promptly throw out your tokens; when the coin price plunges, decisively enter the market. During sideways phases, avoid trading as the direction is unclear and the risks are high.
4: If the coin price remains in a sideways state, it often means it may replace a decline; at this time, hold onto your coins tightly, as there may be an upward trend at any moment.
5: When the coin price experiences rapid increases, always be prepared to sell, as this rapid rise is often accompanied by a potential sharp drop at any moment.
6: When the coin price is slowly declining, it is a good time to gradually add to your position, which can lower your average cost.
7: When facing high and low consolidation, first maintain patience and wait, this is one of the secrets of trading. Do not rush to act to avoid unnecessary losses.
8: When the coin price is high and then rises again after a period of consolidation, seize this opportunity to quickly sell and secure profits. When the coin price is low and then creates a new low after a period of consolidation, you should buy in heavily; this is a rare good opportunity.
9: Do not sell if the coin price does not rise; do not buy if the coin price does not drop. Do not trade during sideways periods. Following these principles can help avoid many unnecessary risks.
10: Choose bearish candles when buying, and bullish candles when selling; act against conventional market thinking to be a true investment hero. If the coin price rises sharply in the morning, you should sell; if it rises in the afternoon, do not blindly chase; if it drops in the afternoon, consider buying the next day; if it drops in the morning, do not rush to cut losses. In cryptocurrency investment, maintaining calmness and rationality, and following these principles and strategies, helps better respond to market changes and achieve investment goals.
The above ten iron rules are also what I have summarized from personal experience, hoping to help those who are still at a loss and new coin holders. If it helps you, please like and save.