Today, I share with you the essence of my trading philosophy, which has enabled me to stand firm in the market for a long time. If you study diligently, you will gain immensely, and your understanding of trading coins will undergo a tremendous change!
First, let me share a【Coin Survival Guide】with you. Trading coins is not as simple as you think; it is not just about buying low and selling high.
A qualified investor needs to have economic knowledge, keep up with news trends, understand national policies, care about international situations, and deeply research the fundamentals and technicals of virtual currencies.
In addition, you must constantly fight against your own fears and greed, possessing strong psychological endurance to withstand the market's ups and downs.
It can be said that those who can survive in the coin market are almost all resilient, able to resist temptation, and have endured trials.
Three Major Principles for Gold Mining:
Principle 1: Strictly control your position at 50% when building a position, which allows for both defense and offense. Never operate with a full position at any time, as a market crash will leave you unable to save yourself.
Principle 2: When the price of the invested coins has increased by 2-3 times, you should first sell half to recoup your investment. After that, we can use the remaining profit to negotiate with the market makers, gradually exiting when the expected price is reached. Keeping 10% of your base position can avoid missing out on a sudden surge caused by strong market makers.
Principle 3: When the market is crazy and everyone is chasing up, you should sell your chips in stages and batches. Do not be deceived by the numbers in your account; only cash funds truly belong to you; the numbers in the account are just digits.
Three Major Secrets for Trading Coins:
Secret 1: Do not invest large amounts in small, unregulated trading websites to avoid sudden disappearance. If you want to participate, choose a regular large platform.
Secret 2: Many virtual currencies are currently being crowdfunded; please carefully screen them. Not all projects are worth investing in, and many carry risks. Consider carefully before investing; do not rely on luck.
Secret 3: The current market is sluggish, and the overall trend is cooling down. Short-term operations should mainly focus on observing and entering the market accurately. For long-term investments, consider high-quality virtual currencies ranked in the global top 20, and build positions in batches at low prices.
Enter the market, control risks and funds. When the market rises or falls, timely supplement positions or cut losses, which is more beneficial for profit. If you fail to act promptly, you can still minimize losses. The goal of trading coins is to make money, so be fully prepared to avoid unnecessary losses.
Finally, do not blindly follow the crowd. Many newcomers, when they start trading coins, are easily influenced by the crowd or the advice of others to sell off, which is often the most foolish practice. Because many times, these people either have no coins or are misleading newcomers, creating panic to induce you to sell at a low price.
Once you sell, they will buy at a low price. Therefore, opinions from others when trading coins can only serve as references; the key is to rely on your own judgment.
Learn to use the MACD indicator to earn big money:
1. MACD is above the 0 axis - each time a golden cross occurs, the stock price will create a new high.
2. MACD is below the 0 axis - each time a death cross occurs, the stock price will create a new low.
3. MACD is above the 0 axis - a golden cross indicates an upward trend and can be bought low and sold high until reaching divergence.
4. MACD is below the 0 axis - a golden cross is part of a downward trend rebound, participate only after crossing the 0 axis.
5. MACD is above the 0 axis - the more times golden and death crosses occur, the better it is, indicating a bull stock.
6. MACD is below the 0 axis - the more times golden and death crosses occur, the worse it is, indicating a bear stock.
7. MACD is uncertain - if the green bars turn back down for the second time, it must drop.
8. MACD is neither alive nor dead - if the red bars bounce upward for the second time, it must rise.
9. MACD sells small - if the stock price rises but the next red bar is not higher than the previous one, it will drop.
10. MACD buys small - if the stock price falls or levels out, and the next green bar is not lower than the previous one, it will rise.
11. MACD is neither here nor there - after breaking below the 0 axis trend, it will either be the third wave or the fourth wave that will definitely rise.
12. MACD at high position shrinks - after a significant price increase, if MACD is far from the 0 axis and red bars shorten, quickly cash out.
13. MACD low position golden cross - after a sharp drop in stock price, if MACD is far from the 0 axis, a second golden cross will definitely lead to a rise.
14. MACD comes back to life - during the upward process, after a washout and a death cross, if it quickly golden crosses again within a day or two, it must rise.
15. MACD is hopeless - after rising, entering a correction, if a rebound golden cross occurs one day and then quickly turns into a death cross, it must drop.
16. MACD Golden Pit - after a rise in stock price, if MACD death cross occurs within 7 days and the green bars are short, then golden cross occurs again, the golden pit must rise.
17. MACD Fire Burning Continuously - Red bars continue for over two months, a great bull market.
There is a saying in the coin circle: 'Relying on luck to trade coins, you will lose money 8 out of 10 times.'
Trading coins with skills, you can earn money most of the time.
Whether you dare to enter the market to invest depends on your courage and strength; whether you can make money trading coins depends on your insight and skills.
Investing in the coin circle cannot rely on momentary impulses and grand ambitions; only by understanding effective operating procedures, mastering necessary basic knowledge, and learning practical techniques can you seize the fleeting opportunities to make money in the ever-changing trading market.
Finally, let me share a set of the most stable 9 techniques you must know in the coin circle:
1. Holding Coins Method: Suitable for both bull and bear markets. Simple operation, buy one or several coins and hold for over six months to a year. Returns can reach a minimum of ten times, but newcomers often find it difficult to hold for a month without acting due to high returns or drastic price drops, making execution challenging.
2. Bull Market Dip Buying Method: Only applicable in a bull market. Use no more than one-fifth of spare cash to select coins with a market cap between 20 and 100. Buy altcoins that rise more than 50%, then switch to those that have plummeted for a cycle operation. If you're stuck, hope to be freed in a bull market, but choose coins wisely; newcomers should be cautious.
3. Hourglass Swap Method: Suitable for bull markets. In a bull market, funds seep into various coins like sand in an hourglass, starting from large coins. The pattern is that leading coins (like BTC, ETH, etc.) rise first, followed by mainstream coins (like LTC, EOS, etc.), then a general rise, and finally small coins take turns to rise. After Bitcoin rises, choose the next level of coins that haven't risen to build positions.
4. Pyramid Bottom Buying Method: Used to predict major price drops. Buy one-tenth of your position at 80% of the coin price, one-fifth at 70%, three-tenths at 60%, and one-fourth at 50%.
5. Moving Average Method: Need to understand the basics of K-line. Set indicators MA5, MA10, MA20, MA30, MA60, and choose daily line levels. If the current price is above MA5 and MA10, hold; if MA5 falls below MA10, sell; if MA5 rises above MA10, buy.
6. Violent Holding Method: For familiar long-term quality coins. With liquid funds, if the coin's current price is 8 USD, place an order to buy at 7 USD, and after execution, place an order to sell at 8.8 USD to hold the coin. Liquid funds continue to wait for opportunities, with the buying price = current price × 90%, selling price = current price × 110%.
7. Aisuo Violent Compound Interest Method: Continuously participate in sm, take back the principal after new coins rise 3-5 times, invest in the next sm, and keep the profits circulating.
8. Cycle Band Method: Choose coins with large fluctuations like ETC, increase positions when the coin price drops, and continue to add when it drops again, then sell for profit in a cycle.
9. Small Coins Violent Play: Split 10,000 yuan into ten parts, buy ten small coins under 3 yuan, regardless of ups and downs, do not sell until it rises 3-5 times, and if stuck, hold long-term. When a coin triples, take back 1,000 yuan of principal, and invest in the next small coin for considerable compound returns.
The above is the trading experience that Yan An shares with you today. Many times, you miss out on many money-making opportunities due to your doubts; if you do not dare to try boldly, how will you know the pros and cons? You must take the first step to know how to take the next step. A cup of warm tea, a piece of advice; I am both a teacher and a chatty friend.
#币安钱包TGE #币安八周年 #马斯克计划成立美国党
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