Making big money is not based on luck, but on methods.
I have summarized 9 practical experiences; mastering them will enable you to achieve your first million in life!
If you don't have much capital, such as under 100,000, don't be greedy. Just capture one major market movement each day to make steady profits. Don't think about holding positions around the clock or trading continuously, as that is unrealistic.
If there is major good news and you haven't sold on the same day, you must sell promptly when the market opens high the next day. Good news often signals a peak; don't regret it after a pullback.
News and holidays are key to making money. As major events approach, reduce positions or go to cash in advance, and wait for the market to clarify before acting in accordance with the trend for guaranteed profits.
For medium to long-term trading, you should enter with a light position, allowing yourself some room. Starting with a heavy position carries a high risk of loss. Steady and gradual accumulation is the right path.
Short-term trading emphasizes quick in and out, decisive actions; don't drag your feet. Withdraw immediately if the market is unfavorable; don't be greedy and trap yourself.
The market rhythm fluctuates between fast and slow; you need to follow it and not overthink things yourself.
When there is a mistake in position judgment, you should cut losses in time. Cutting losses is key to protecting your principal; don't wait until you regret it after a total loss.
For short-term operations, closely monitor the 15-minute K-line chart; the KDJ indicator will help you find the right entry timing, don't miss the opportunity to make money.
The most important thing is your mindset. The cryptocurrency market is highly volatile, and you need to have a strong inner self. Don't let short-term fluctuations affect your emotions; staying calm will help you go further.
In short, making money in the cryptocurrency market is not easy, but as long as you master the methods and mindset, you can also become a winner!
