How many people in the crypto world are truly making money?
The crypto world is not a place to pick up money, but it is definitely a battleground for "monetizing skills." Those who really make money do so not by luck, but by instinctively controlling their emotions, not being greedy when prices rise, not panicking when prices fall, and following their strategies; the market becomes a cash machine.
Trading tips and methods
Don't bet your life: Don't go all in right away, start with a small amount to test the waters; maintaining rhythm is more important than anything else.
Sideways has potential: If it consolidates at a low and hits new lows, it might be a signal from the big players to wash the market; at this point, heavily buying the dip could catch the main upward wave; if it consolidates at a high and then spikes, it’s a signal to sell, so run quickly.
Volatility has tricks: Sell when it rises quickly, buy when it drops sharply, and be less active during sideways movements. By holding onto your chips during sideways periods, the next upward movement might happen in the next second.
Counter-trend trading: Don’t sell when it spikes and don’t buy when it plummets; buy on down days and sell on up days to outperform most people.
The market is ever-changing, but the strategies are just a few: In a volatile market, sell high and buy low; don’t be greedy; when a trend breaks, chasing it can lead to quick profits, but you need to develop the ability to predict market changes; in a one-sided trend, go with the flow; enter positions during corrections or rebounds; near key price levels, the market is prone to resistance or rebounds, and entering positions at this time is a standard operation; after big rises and falls, capturing high and low points can easily yield profits, but beginners should be cautious.
Can you stay calm during volatile rises and falls? The market always has opportunities, but opportunities are only available to those who are prepared. Start now, cage your emotions, and sharpen your strategies; the next person making money in the crypto world might just be you.
