I am the one who turned 3000 into 100,000 in the cryptocurrency world!
It wasn't by luck, it wasn't by following tips; it was real and came step by step. If you don't have much capital now and want to earn your first pot of gold, then read this carefully; I've laid out all my experiences!
First, you need to understand: The cryptocurrency world is not about blindly guessing to get rich; if you don't understand the rules and rush in blindly, you'll only end up as cannon fodder!
Whether it’s spot trading, contracts, altcoins, or mainstream coins, the most crucial thing is to find a method that suits you + a stable strategy!
I turned my fortunes around in the cryptocurrency world with these 6 tactics:
1⃣ Bottom-fishing during a crash
A coin has fallen for 9 consecutive days?
On the 10th day, close your eyes and go for it; 9 days is the limit for the market maker's washout!
2⃣ Reducing position during a surge
If it has risen for 2 consecutive days, start reducing your position!
Money in the cryptocurrency world is made by selling, not by holding!
3⃣ Breakout from a sideways trend
A coin that has been flat for 6 days suddenly sees a surge in volume?
The main force is about to act, follow in immediately!
4⃣ Next-day stop-loss principle
If the coin you bought hasn't even recouped the transaction fee after 2 days?
Don't hesitate, just cut your losses! Time cost is the most punishing!
5⃣ The “Three-Five-Seven Law”
The third place on the gainers list often climbs into the top 5; the fifth place can easily make it into the top 7, but 99% of people fail due to one word: waiting to break even.
6⃣ The fifth-day curse
A coin that has risen for 4 consecutive days is prone to a crash at 3 PM on the fifth day!
This is the rhythm of quantitative machines; understand it and you can avoid big pitfalls!
Additionally, remember these three points:
Investment strategy:
Regardless of price fluctuations, buy regularly to gradually average your cost, maintaining a steadier mindset!
Long-term holding:
Don't chase prices up and down; those who truly make big money are the ones who can hold on.
Risk control:
Always only use money you can afford to lose!
Don't touch your living expenses, don't gamble; otherwise, you could lose everything!
In summary: Turning 3000 into 100,000 is not a dream, but someone needs to teach you how to do it!
Take fewer detours, avoid pitfalls, understand a bit of rhythm + a bit of logic + a bit of execution, and you too can create your own first pot of gold!
