I used the dumbest method to earn over 20 million from tens of thousands!

1. Assess the trend of a coin and predict its movement for over a month. The vast majority of trends occur within a month, and there is only one trend: it goes up. So, build your position at a low point, do not intervene, do not trade in waves, and check the profits after a month. Even tripling your investment may not require selling, because high-quality coins can increase by dozens or even hundreds of times. Alternatively, for conservative trading, double your investment to take back your principal and let the profits continue to grow.

2. Do not engage in any short selling or margin trading, especially futures; these are extremely difficult and can instantly wipe out your entire position against the market. In a downtrend, it’s better to be stuck than to go short. Because in the long-term trend, you will definitely have a chance to break free from being stuck.

3. Price predictions are often misleading; you can only roughly gauge the general direction of the market, and leave the rest to time. Don't get too absorbed in technical analysis; in cryptocurrency trading, stock-like technical analysis is not particularly effective and should only serve as a slight reference.

4. Don't bet too large; use spare money for trading. Your psychological pressure will be much lighter. Trading cryptocurrency is not your life. Don't put all your funds into one coin; take profits when you make money and leave your principal to trade.

5. In the world of cryptocurrency trading, making money without effort yields the best returns. Don’t think that the more you trade, the more you earn. What you need to do is pick one or two good coins and hold onto them, or invest regularly if you have spare cash, treating it like a savings account. The greatest profits often come from buying a coin, forgetting about it, and then checking back years later.

6. Position control and risk management are very important. Many people trade the same coins but earn far less than others because everyone's timing for entering positions is different. Since you can't buy at the lowest price, don't go all in; coins bought at high prices should have a light position. Building a position at a low price is always your safety zone. Position control means allocating the right amount among several good coins. Generally, I recommend beginners to maintain a ratio of Bitcoin to altcoins to liquid funds of 1:1:1. Also, learn to build your positions in batches: buy a portion at the current price, and add more when there is a significant drop, which can help keep your average cost low for each coin.

7. Don't stare at the market all day; don't think about trading all the time. Wealth is external; sleeping soundly, working, and eating are what you should focus on. #美国加征关税 #香港稳定币条例