From 50,000 to 100,000 to 302,000 when entering the circle
In the third year, it reached 590,000
In August of the fourth year, it reached 3.78 million
In November, it reached more than 7 million.
Until the previous few years, I could easily withdraw 30 million from the crypto circle.
During this period, I fell to the bottom. At that time, it reached a maximum of about 4 million. At that moment, I thought I could be considered a crypto bigwig. I resolutely resigned from my job and concentrated on speculating in coins, and even borrowed money to speculate in coins. However, reality gave me a heavy slap in the face. The financial crisis caused me to not only give back all my profits, but also owe a lot of debts. In the end, I had to sell my house, and my wife and children almost left.
That time was the darkest moment of my life. In just a few months, I went from the peak to the bottom. But this also made me understand that my previous smooth sailing was not without luck.
So, I feel that if I really want to go on the road of trading, I still need to study hard. In addition to understanding the basic knowledge, analyzing the news, and researching technical indicators. If you do not conduct in-depth research and rationally plan to manage your money, the funds will be exhausted. Finally, as a retail investor without any foundation, you will only enter the market happily and leave sadly.
In the following 3 years, I cut off all contact with classmates and friends, stayed at home, reviewed day and night, and fell asleep on the keyboard when I was tired. Finally, I achieved financial freedom through speculating in coins.
The core is one sentence: use contract trading to amplify profits! But don't rush to get excited, first exchange these 2,000 yuan for 300U (approximately 300 US dollars),
Let's take two steps: Step 1: Small capital snowball (300U 100u)
Take 100U each time to play, and choose the most popular coins recently. Remember two things: ① Run away when you double your earnings (for example, immediately stop when 100 becomes 200) ② Cut the meat when you lose 50U. If you are lucky, you can win three times in a row and roll to 800U
(100-200~400~800). But take it when you see it! Play at most three rounds, and stop when you earn about 1100U. This stage relies heavily on luck, don't be greedy!
Step 2: Use a combination of punches when you have more money (starting from 1100U)
At this time, play different routines with three sums of money:
. Quick in and quick out type (100U)
Specialize in 15-minute ups and downs, Bitcoin/Ethereum and other stable coins. For example, if you see Bitcoin suddenly rise in the afternoon, immediately follow the rise and run away after earning 3-5, just like setting up a street stall, small profits but quick turnover.
2. Buddhist fixed investment type (15U per week)
Take 15U every week to buy Bitcoin contracts (for example, now it's 50,000, and you think it can rise to 100,000 in the long run). Just treat it as a piggy bank. Don't panic if it falls. Wait for half a year or a year. It's suitable for people who don't have time to watch the market.
3. The main show trend order (press all the remaining)
Take advantage of big market opportunities! For example, if you find that the Federal Reserve is going to cut interest rates and Bitcoin may skyrocket, directly open a long position. But you must think in advance: how much profit to run away (such as doubling), how much loss to admit (up to 20). This trick requires you to read the news and understand technical analysis. Don't be reckless if you are a novice!
Important reminder:
① Deposit a maximum of 1110 principal each time, don't All in! ② Each order must have a stop loss! ③ Play a maximum of 3 orders a day, go play games if you feel itchy ④ Withdraw when you reach your goal,
Don't think about "making another wave"! Remember: those who turn over with this method are ruthless people - ruthless to others and even more ruthless to themselves!
My life now:
Driving a luxury car, dating girls, and living in a luxury house. Seeing newbies in the group talking about which one to buy, how many times to open, and occasionally posting screenshots of profits. Several accounts have assets of tens of millions, which will be envied by the newbies in the crypto circle.
Going out is definitely a high-end hotel of about 2,000 yuan, and suitcases and hats may have crypto circle symbols. It is much more comfortable than the older generation who do real industries or the 80s who do e-commerce. I have hardly experienced any business that involves quarreling with people, and there are few worries.
Spending 1 million a year is enough. After four years, the assets have increased by 5-10 times. The more you spend, the more you have. What does it feel like? It's like the protagonist in "Goodbye Mr. Loser". Today in Beijing, tomorrow in Hainan, the day after tomorrow in Xiamen, and the day after that may be in Bali. Go wherever you want, where there is a concert, the plane swooshes over. Where there are fun and new things, go play if you are in a good mood, play games, play golf, and make a video with a girl if you are in a bad mood. Having money is an extremely happy thing, please forgive my vulgar wording. I can say that as long as you have money, you will feel that the world is yours.
Your heart will become kind, tolerant, and calm. You will suddenly let go of things that you usually haggle over, and you will hardly take them to heart. You will become very humble, and you will not care too much about what others say. You feel like another life form, and your way of looking at the world, looking at people, people and things, and the relationship between people and the world is completely different from others. When you reach this level, there is nothing you cannot let go of. The only thing that can make you suffer is pain, nothing else.
You will never be sad because someone talks about you, you will not be annoyed because your girlfriend wants to argue with you, you will never be upset about emotional problems, and you will not worry about next month's mortgage or the future of your job. I am not advocating money worship, I am just saying the mentality of the rich in the crypto circle, and the state of the rich in the crypto circle is different from other rich people.
If you must play contracts, keep the following points in mind! Very critical!
1. Playing contracts is about making big profits with small investments. It is normal to have losses, but after facing a stop loss, there are two groups of people. Some people will open orders frantically after a stop loss, and some people will directly enter a cooling-off period. My suggestion is that if you encounter frequent stop losses, you should calm down, temporarily stop trading, and adjust your strategy.
2. Don't rush for success, trading is not a means of getting rich overnight. When encountering losses in trading, maintain a calm mind, don't rush to open orders, and don't heavily position all-in.
3. It is important to be optimistic about the general trend. When you can see a unilateral market through the market, you should follow the trend and not trade against the trend. Trading against the trend is the root of losses. Whether you are a novice or an old hand, you have the habit of trading against the trend. However, once a market trend is formed, trading against the trend is often very miserable by the market, so we must learn to follow the trend and wait patiently for opportunities before operating.
4. The profit-loss ratio must be good, otherwise it is difficult to make money. Let the profit be as large as possible than the loss, and at least a 2:1 order is required before considering opening an order.
5. Frequent trading is a big taboo in contracts. If you are not a contract master, you must restrain the impulse to open orders blindly, especially for novice players who are full of passion for the market and always want to seize every opportunity. However, most of the so-called opportunities will bring losses. 6. Only earn money within your understanding, this is very important.
7. Do not carry orders. Carrying orders in contracts is a big taboo, especially for beginners. Be sure to set a stop loss. Carrying orders is the beginning of a descent into the abyss. I remind you again, do not carry orders.
8. Don't float when you are profitable, you will lose if you float.
As someone who has been in the crypto circle for more than 10 years, from 5 to millions, to a debt of 8 million, and then to tens of thousands of dollars, financial freedom, and class leap! I have realized these points and share them with those who are destined!
1. Never chase highs, you have to be calm when the market FOMOs. When others are rushing to grab it, you have to stabilize and buy quietly when the market panics and falls. Smart people ambush at low levels, not take over at high levels.
2. Build positions steadily, like building a pyramid
Don't try to get fat in one bite, enter the market in batches and add more layers, which can both diversify risks and make your mentality more stable.
3. Do not put all your eggs in one basket
Don't put all your funds on one currency. If you step on a mine, the loss will be great. Diversification is to allow you to retain some profits even if a certain currency crashes.
4. Long-term investment is gold, short-term investment should be cautious
If you can hold the coins for a few years without selling, you may earn more; however, short-term speculation is easy to be turned upside down by market fluctuations.
5. Adjust strategies when the market rises and falls sharply
Don't buy heavily when the price is high, and don't blindly copy when the price is low. The market is changing, you must follow the rhythm, don't let emotions control you.
6. Pay special attention to key intervals
If the currency price consolidates at a high or low level for a long time, it is often the prelude to a big market. Don't worry at this time, wait for the opportunity to come.
7. Don't act rashly when the currency price consolidates sideways
Many people can't wait for the loneliness of sideways consolidation, and as a result, they lose money as soon as they operate. The sideways period tests patience the most, and only those who can hold their breath can keep their profits.
8. A full position is a sign of leeks. A full position is blocking the retreat and the risk is huge. There are countless opportunities in the market. Diversifying positions is being responsible for your funds.
9. Never invest in losses you cannot afford
For example, putting all the family's living expenses for three years into the crypto circle may be a big pit. You can't sleep if you don't make money, and if you lose money, you may be worried about the numbers in your wallet even in your dreams at night.
10. When the market comes, stay calm and don't be overwhelmed by the temporary madness
When the market rises sharply, not everyone can become a leek harvester. Remember: "What goes up too fast falls quickly." Don't be impulsive, be calm, and have confidence in your hands.
11. Don't listen to others' nonsense, do your own homework
When reading market forums and WeChat groups, don't easily believe in other people's "secrets to making money". No one will easily tell you their secrets to making money. All successful investors have put in countless hours of research behind them.
12. Don't be controlled by fear and greed
When you hear panic or greed in the market, do not make decisions on impulse. Fear is a signal to sell, and greed is a reverse signal to buy. Deal with it calmly and make rational decisions.
13. When you start to feel that you understand, it is actually the most dangerous time
This is a big taboo in the crypto circle. Behind every seemingly simple market fluctuation, there may be hidden risks that you have not seen. Stay humble and be prepared to accept the lessons the market gives you.
14. Manage your funds well, never over-leverage
Leverage is a double-edged sword. If it is not used well, it may bring huge losses. Leverage operation is like walking a tightrope in the air. A little carelessness may lead to a very miserable fall. Remember, do not gamble on your luck.
Whether the coins in your hand rise or fall depends entirely on the K-line combination!
Common Rising K-Line Combinations
1. Downward Acceleration Line
1. Technical characteristics
The downward acceleration line refers to the K-line combination in which the price or index falls more and more during the downward process, as shown in Figure 2-1 above.
(1) Appears in a downward trend;
(2) The speed of the fall is relatively slow at the beginning, and then the speed of the fall becomes faster and faster, and medium negative lines or large negative lines are continuously received.
2. Technical meaning
The appearance of a downward acceleration line is a signal that the currency price is bottoming out, and a rebound is a high-probability event.
2. Hope Star
1. Technical characteristics
(1) Appears in a downward trend;
(2) Consists of three K-lines, the first is a negative line, the second is a low-opening small negative line, small positive line or cross line, and the third is a positive line;
(3) The third K-line entity penetrates into the first K-line entity.
2. Technical meaning
Hope Star is a bottoming reversal signal, and the market is expected to rise.
3. Rising Sun
1. Technical characteristics
(1) Appears in a downward trend;
(2) First, a large negative line appears, followed by a large positive line that opens high and closes high;
(3) The closing price of the positive line is higher than the opening price of the negative line.
2. Technical meaning
Rising sun is a bottoming signal, and it is highly probable that the market will stop falling and rise.
4. Round Bottom
1. Technical characteristics
(1) Appears in a downward trend or consolidation process;
(2) First, a large negative line is received, and then several small negative lines and small positive lines form at its bottom, forming a rounded bottom.
2. Technical meaning
The round bottom shape is a bottoming signal, and the market is expected to rise, which is a relatively reliable reversal shape.
5. Three White Soldiers
1. Technical meaning
(1) Appears in the early stage of an upward trend or after sideways consolidation;
(2) Consists of three consecutive small positive lines that create new highs.
2. Technical characteristics
Three White Soldiers is a buy signal, and the market is expected to rise.
6. Steady Rise
1. Technical characteristics
(1) Appears in an upward trend;
(2) A few small negative lines are interspersed among many positive lines;
(3) The entire K-line arrangement is inclined upwards.
2. Technical meaning
Steady rise is a buy signal, and the market is expected to rise.
7. Rising Two Stars
1. Technical characteristics
(1) Appears in an upward trend;
(2) Consists of three K-lines, the first is a large positive line, and then two small K-lines appear above the positive line. The small K-lines can be cross lines, doji stars, or small
positive lines, small negative lines.
2. Technical meaning
Rising two stars is a buy signal, and the market is expected to rise.
8. Guiding Star
1. Technical characteristics
(1) Appears in an upward trend;
(2) Consists of several K-line combinations;
(3) A long upper shadow line is left when a large positive line is pulled out;
(4) The currency price rises above the upper shadow line again soon after the pullback.
2. Technical meaning
Guiding Star is a buy signal, and the market is expected to rise.
9. Two Positive Lines Clamping a Negative Line
1. Technical characteristics
(1) It can appear in an upward trend or a downward trend;
(2) Consists of two long positive lines clamped by one short negative line;
(3) The central axes of the three K-lines are basically in a horizontal position.
2. Technical meaning
(1) Appears in an upward trend, continue to be bullish, you can hold the currency and stay put;
(2) Appears in a downward trend, it is a bottoming signal.
Common Falling K-Line Combinations
1. Evening Star
1. Technical characteristics
(1) Appears in an upward trend;
(2) Consists of three K-lines, the first is a positive line, the second is a high-opening small negative line, small positive line or cross line, and the third is a negative line;
(3) The third negative line entity penetrates into the first positive line entity.
2. Technical meaning
Evening Star is a topping reversal signal, it is recommended to sell, and the market is expected to fall.
2. Dark Cloud Cover
1. Technical characteristics
(1) Appears in an upward trend;
(2) Consists of one positive line and one negative line;
(3) First, a large positive line appears, followed by a large negative line that opens high;
(4) The negative line entity penetrates to below one-half of the positive line entity.
2. Technical meaning
Dark cloud cover is a topping signal, and the market is expected to fall.
3. Round Top
1. Technical characteristics
(1) Appears in an upward trend or horizontal consolidation;
(2) First, a large positive line is received, and then several small negative lines and small positive lines form on its top, forming a rounded top;
2. Technical meaning
Rounded top is a topping signal, trend reversal, and the market is expected to fall.
4. Three Black Crows
1. Technical characteristics
(1) Appears in an upward trend;
(2) Consists of three large negative lines that open high.
2. Technical meaning
Three Black Crows is a topping signal, it is recommended to sell, and the market is expected to fall.
5. Falling Non-Stop
1. Technical characteristics
(1) Appears in the middle of a fall;
(2) A few small positive lines are interspersed among many negative lines;
(3) The entire K-line arrangement is inclined downwards.
2. Technical meaning
Falling non-stop is a bearish signal, it is recommended to sell.
6. Bearish Sharp Soldier
1. Technical characteristics
(1) Appears in a downward trend;
(2) Consists of several K-line combinations;
(3) A long lower shadow line is left when a large negative line is pulled out;
(4) The currency price falls below the lower shadow line again soon after the rebound.
2. Technical meaning
Bearish Sharp Soldier is a sell signal, and the market is expected to fall.
7. Two Negative Lines Clamping a Positive Line
1. Technical characteristics
(1) It can appear in an upward trend or a downward trend;
(2) Consists of two long negative lines and one short positive line;
(3) The positive line is sandwiched between two negative lines.
2. Technical meaning
(1) It is a topping signal when it appears in an upward trend, sell;
(2) Two negative lines clamping a positive line mostly appear in a downward trend, rarely in an upward trend;
(3) Continue to be bearish when it appears in a downward trend.
Strongly recover blood and double assets! Follow the rain and deploy in advance to easily reap big profits
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