What's the dumbest way to make money in crypto?
Three don'ts, six must-kills, so dumb that even the market makers are scared to see it
Stop using those flashy indicators; those who survive in the crypto world basically rely on this set
Three don'ts:
First, don't chase highs and sell lows
When the coin price soars, those shouting "this time is different" end up stuck on the mountain peak feeling the cold wind
The real tough ones are those who strike when the whole network is crying for a crash, and no one wants to open the app
Second, don't go all in on a single coin
Keep 30% cash; when a crash happens, you'll know where the joy is
Third, don't go all in with your entire capital
Opportunities are always more than money; those fully invested are like bound hunters watching the prey fly away
Six must-kills:
High position consolidation? Wait to be trapped by false breakouts
Low position bottoming? Beware of sudden crashes. Before a trend reversal is confirmed, your hands are more precious than your life
Consolidation is the deadliest; 80% of liquidations happen during this time
Those who can't resist the urge to trade are now three meters high in grass over their graves
Buy on bearish candles, sell on bullish candles; going against the trend is the way to go
Scary big bearish candles? That’s a signal to receive money
Slow declines, gentle rebounds; sharp declines, explosive rebounds
Prepare the bags for waterfall crashes
Pyramid averaging down, add 10% to your position every 10% drop at the bottom to bring the cost down to the point that market makers want to cry
Withdraw principal first and leave profits during explosive rises and consolidations; during explosive drops and consolidations, don’t take chances; cutting losses must be faster than Bruce Lee’s punch
This set of methods is not handsome or flashy, but it can save your life and make money
What market makers fear the most is not geniuses, but those who can stubbornly stick to "dumb methods" until the end
The market never lacks opportunities; what it lacks is your ability to control your hands and see the situation clearly. What can truly help you get through is someone who can guide you to see the rhythm and point the way
It's not that you're not fast enough; it's that you're wandering alone in the dark. Brother Jie has always been there; the light is right in front. If you don't keep up, you'll forever be trapped in the cycle of night.