To be honest, compared to those who are currently facing liquidation,
my method is really absurdly stupid.
No watching the market
No looking at candlesticks
No day trading
I can't even understand the technicals
But I rely on this "stupidest" method to repeatedly increase my principal.
I summarized this method in three words: less operation.
Most people lose money because they act too much, can't control their hands, and go against human nature.
How do I do it?
Step 1: Only buy mainstream, only take direction
I never touch altcoins, at most I trade BTC/ETH, occasionally LTC, SOL, must be high liquidity, high volatility, and low risk control.
If the direction is wrong, everything is in vain.
The method is very simple: buy when emotions are low and there is a lot of FUD, sell when the market is euphoric and the media is fanatical.
Step 2: Hold the base position, do not add to winning positions, do not add to losing positions
I will allocate a sum of money specifically for buying in, I won’t be greedy and add to winning positions, nor will I add to losing positions because of drawdowns.
Instead, I set a take profit and stop loss range, and once it meets the target, I exit, completely mechanically executing without overthinking.
Step 3: Only enter during "liquidation waves"
When others face liquidation, I build my position; when others are greedy, I exit.
Recently, this wave of ETH rose from 2900, I had my followers go long at the bottom and made a huge profit, my fans made a fortune following me.
It's not that I'm great; it's that I'm stupid with "methodology."
While others take 2 years to make 100,000, I did it in a month.
You're still losing because you're too smart, unable to resist bottom fishing, unable to resist averaging down, unable to resist increasing leverage.
Smart people lose money, while foolish people follow the rules and earn instead.
Nowadays in the crypto circle, there's no lack of technology, no lack of signals, what's lacking is a sense of rhythm + stability.