At the end of 2016, approximately 20 million entered the cryptocurrency market. By Q4 2023, the goal is to achieve A10 and accomplish 20 small targets within this year. If this is achieved, it would mean about 10,000 times in approximately 8 years. Due to the significant profit effect in Q4 last year, if I achieve 50% or more this year, I will meet the 20 small targets. Although I have also made some money in the US and A-shares, the most important and profitable market for me remains cryptocurrency.
In fact, as ordinary people, we should invest more when opportunities are abundant and less when opportunities are scarce. With good luck, we can earn a few million; with bad luck, we can only accept losses. However, I still want to remind you that when you make money, you should withdraw your invested principal and use the profits to play. It's fine not to make money, but you can't afford to lose.
4. Adjusting Positions
After completing position management, the most critical step is how to achieve rolling operations through position adjustments. The steps are undoubtedly as follows:
1. Choose the timing: Enter the market when conditions for rolling operations are met. 2. Open position: Open position based on technical analysis signals, choosing appropriate entry points.
3. Increase position: Gradually increase the position as the market continues to move favorably.
4. Decrease position: Gradually decrease the position when the predetermined profit target is reached or the market shows reverse signals.
5. Close position: When the profit target is reached or the market shows a clear reversal signal, completely close the position.