You bought a coin with 1000 dollars, and for some reason, you forgot about it. Many years later, when you are down and out, you suddenly remember that you once bought a coin worth 1000 dollars. When you anxiously open your exchange account, the amount displayed before your eyes is 100 million!
This is the common dream of most people in the crypto space!
Unfortunately, the reality is that the crypto space is like a university, but it is not a 4-year program; it is an 8-year program. As we all know, the crypto space has a 4-year cycle. If you are a complete beginner and do not understand blockchain concepts, you can only truly 'graduate' after experiencing two cycles, which means achieving freedom.
Entering this university, the first step is to choose a major.
· Trading: High-frequency, intraday, trend, short-term speculation, spot, contracts, leverage, options...
· Play on-chain: Master DeFi*, NFT*, GameFi*, MEME*, inscriptions, runes, new coin listings to make a profit...
· Engage in primary investment: Research, participate in early-stage investments of projects, seek new tracks and narratives.
· Farming: Account nurturing, airdrop farming, multi-account strategies, witch protection...
· Arbitrage: Market price differences, cross-platform arbitrage, dex-cex arbitrage, pendle market arbitrage...
· Brick moving: OTC, cross-border, cross-platform price difference trading.
In the first 4 years, you should be in a phase of quickly accumulating funds. At this time, your goal is survival, learning, and optimizing strategies. Those starting from scratch or with very little capital can try high-frequency trading or farming, continuously improving skills in practical situations and completing the accumulation of original capital.
By the second 4 years, with funds and experience, your role should shift from speculator to investor. · Focus on long-term trends and invest in potential coins. · Understand cycle rotation and grasp bull and bear rhythms. · Even participate in project construction.
In the end, these 8 years are a journey of cultivation, not just the growth of wealth, but also a leap in cognition. After graduation, you will no longer be anxious about wealth but can truly choose the life you want to live. The university of the crypto space has no diploma, only results. Everyone's progress bar is different; can you persist until the day of 'graduation'?
A word for all newcomers in the crypto space: first consider whether you can 'survive', then consider whether you can 'make big money'.
Can trading coins make money? When my account once showed a 7-digit number, I was more certain than anyone. But now I just want to say: to survive in this market, remember these 10 iron rules first.
- Within 200,000 USDT, don’t touch value investing; just focus on riding the main wave.
- When good news comes out, don’t rush in; 78% of people fall during the sharp drop within 24 hours.
- Clear out altcoins before holidays; don't wait to come back after the holidays, or you won't even have the chance to 'collect the corpses'.
- Below the yearly line is not a golden pit; it is a grave for the dead. 90% of newcomers die here.
- When rebounding to 8%, decisively take profit; don't expect a V-shaped reversal; that's a low-probability myth.
- If you want to make money in the short term, focus on the 'three highs': high volatility hides opportunities, high turnover has liquidity, and high controversy easily leads to expectation discrepancies.
- Don’t panic during a sharp decline; after several large bearish candles, wait for the RSI to break 20 before considering it a rebound opportunity.
- Set your stop-loss line at 7%; when the point is reached, you must run. Holding on until the end does not mean you are waiting for a turnaround; you are becoming a sacrifice for the market.
- For short-term operations, recognize a signal: enter when a golden cross occurs in 15 minutes and withdraw after a 5% profit; don't be greedy.
- The strategy values quality over quantity; just stick to the main upward wave.
In three years, I climbed out of the deficit relying on these few tricks and earned back 30 million. Other flashy strategies, I won't even touch.
Don't die in the obsession of 'buying the dip' again. What you think is buying the dip is actually being pressed down to steal your assets. The real golden pit hides three conditions that no one is willing to mention - if mentioned, most people won't believe it.
If you can remember these things, you have already gained a bit more confidence to survive than 80% of people in the market. After all, in the crypto space, the longer you live, the more opportunities you have to wait for your own market.
If you currently feel helpless and confused in trading, and want to learn more about the crypto space and first-hand cutting-edge information, click on my avatar to follow me, so you won't get lost! Understanding the market clearly gives you confidence in your operations. Consistently making profits is far more practical than fantasizing about getting rich.
