How many people in the cryptocurrency world are truly making money?
The crypto space is not a place to simply pick up money, but it is definitely a battlefield of "monetizing skills." Those who truly make money rely not on luck, but on instinctively controlling their emotions. They do not become greedy when prices rise, do not panic when prices fall, and follow their strategy, turning the market into an ATM.
Trading Tips and Methods
Don't gamble your life: Don't go all in right away; start with a small amount to test the waters. Maintaining a steady pace is more important than anything else.
Sideways Trading: A low position that consolidates at a new low may be a signal from the whales to wash out positions. At this time, heavily buying the dip may capture the main upward wave; conversely, a high position that consolidates and then rises may be a signal to sell, so run quickly.
Volatility Strategies: Sell when it rises quickly, buy when it falls sharply, and minimize trades during sideways movements. When the chips are held tightly during a downward trend, a rise may happen in the next second.
Counter-Trend Trading: Don’t sell at highs, don’t buy at lows; buy on bearish candles and sell on bullish candles to outperform most people.
The market is ever-changing, but the strategies are few: High sell and low buy in a fluctuating market, avoid greed; chasing after a breakout can yield quick profits, but one must develop the skill to predict shifts; in a unilateral trend, follow the trend and enter positions during pullbacks or rebounds; near key price levels, the market is likely to face resistance or rebound, entering positions here is common practice; adjustments after significant rises or falls can easily yield profits by capturing high and low points, but novices should be cautious.
Can you remain calm amid violent price swings? The market always presents opportunities, but those opportunities are only available to those who are prepared. Start now, cage your emotions, and sharpen your strategy; the next person to make money in the crypto world could be you. $BTC $ETH #加密项目 #白宫数字资产报告 #以太坊ETF连续12周净流入