100,000 turns into 42,000,000! Follow this strategy to trade and count money while lying down!
An experienced trader turned 100,000 into a market value of 42,000,000 and told me a phrase that enlightened me: "The cryptocurrency world is full of followers; as long as you control your emotions, this market is an ATM."
The trading strategy is the 'weapon' of practical combat, and these phrases are the summary of experience:
Enter the market cautiously to avoid rash actions; when the price is low and consolidating at new lows, you can heavily buy the dip; when the price is high and consolidating at new highs, sell decisively; sell at the peak, enter quickly during a plunge, and reduce operations during consolidation (to avoid frequent trading); do not sell when the price is not high, do not buy during a plunge, buy after a big drop in the morning, sell after a big rise, and do not chase after a big rise in the afternoon; buy after a big drop the next day.
Risk Awareness:
After a big rise, there must be a pullback; operating with a full position is taboo; when facing market fluctuations, you need to know when to pull back; trading cryptocurrencies is essentially about 'trading mindset,' and you must overcome greed and fear.
Practical trading methods:
In a fluctuating market: sell high and buy low in a range;
After consolidation, watch for a directional change to enter;
In a one-sided trend: trade in the direction of the trend;
Key positions: enter at resistance/support levels;
After significant rises or drops: catch pullbacks or rebounds;
Time selection: morning/afternoon trading is suitable for conservative traders, while evening/midnight trading is suitable for aggressive traders.
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