In the crypto space, how to turn 3,000 into a million? Super practical
As a retail investor, you must understand the true meaning of the coexistence of risk and opportunity. Besides controlling your own destiny, no one else can take over for you; retail investors who place their hopes on others will inevitably be the terminators of failure.
Learning is the foundation of success; mastering skills and analyzing public information is essential for long-term survival in the crypto space.
The skill is to master the intrinsic meaning of one or two technical indicators and interpret the intrinsic rules of the crypto space from them.
It organically combines with operational strategies and serves as a tool for gambling in the crypto space.
"Don't pretend to be a trading master; we are here to make money, not to take exams for certificates"
Practical 'earth methods' in the crypto space
1. Enter in batches, never go all in
2. Don't guess tops and bottoms, don't pretend to be a deity
3. If you can't understand it, stay on the sidelines and watch the show
Now looking at those: who get excited at seeing green candles, panic sell at the slightest pullback, and shout bull market every day, it's like seeing my former self.
I am now stubbornly adhering to this:
1. Only act when you understand
2. Rest after eating the meat
3. Separate capital and profit
What is the most ironic thing in the crypto space?
The more one wants to get rich quickly, the faster they die; the more stable one is, the longer they earn.
Let's get practical! Are beginners always losing? Even veterans fall into traps? The core issue lies in not mastering the precise resonance across multiple timeframes! Use the 4-hour chart to set the direction, find the points on the 1-hour chart, and seize opportunities on the 15-minute chart—three steps for a precise strike on the market!
1. 4-hour candlestick: Trend direction control
Function: Filter short-term fluctuations, lock in the major direction
① Uptrend: Highs and lows rise in sync; buy on pullbacks
② Downtrend: Highs and lows decrease in sync; short on rebounds
③ Sideways fluctuations: Avoid frequent operations, wait for the trend to clarify
2. 1-hour candlestick: Precision locator
Task: Identify key support/resistance levels
① Close to trend lines, moving averages, previous lows → Potential entry points
② Touching previous highs, resistance levels, or top patterns → Take profit/reduce positions signal
3. 15-minute candlestick: Entry trigger
Usage: Capture the best entry opportunities
① Key price levels show engulfing, bottom divergence, golden cross and other reversal signals before taking action
② Breakthroughs beyond volume are only valid when there is a significant increase in trading volume; beware of false breakouts without volume
Core operation formula
4-hour chart sets long/short direction → 1-hour chart defines entry zone → 15-minute chart triggers entry
Lifeline rules
① When there is a conflict in cycle signals, stay on the sidelines!
② Short-term fluctuations are severe, be sure to set stop losses
③ Trend + precise points + timing resonance is the key to profit
Lastly, there's one more step: risk control. This is crucial! We base our buying decisions on the daily moving average; if the price suddenly drops below the daily moving average the next day, we must sell everything—never hold onto false hope! Although the probability of falling below using this coin selection method is low, we must always be aware of risks. After selling, wait for the price to rise back above the daily moving average before considering buying again.
This method looks simple, but it is really effective. The key is to strictly follow the steps; don't be greedy, and don't hesitate. As long as you persist with this approach long-term, the possibility of making money is greatly increased! I hope this method helps you to earn money smoothly in the crypto space!