Making big money in the crypto world, turning $10,000 into $1,000,000, there are ways to do it!
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I have summarized 9 practical experiences, learn these, and you can also earn your first $1,000,000 in life!
1. If you don't have much capital, like under $100,000, don't be greedy, catching a big market move once a day is enough. Don't think about holding positions all the time and making continuous profits, that’s impossible!
2. When there’s big news, if you haven’t sold that day, you must sell quickly the next day when the market opens high. When good news comes out, it often indicates a peak, don't wait until it drops to regret.
3. News and holidays are the keys to making money. When big events are coming, reduce your positions or stay out of the market in advance, wait for the market to clarify and then follow the trend, ensuring profits without losses!
4. For medium to long-term trading, take small positions to give yourself some room. Don’t start with a heavy position, as it's easy to get wrecked. Skillful operation and gradual accumulation are the ways to go.
5. Short-term trading emphasizes quick entry and exit, don't get bogged down. Seize the moment, enter decisively, and if the market isn't right, leave immediately. Don’t let greed trap you.
6. The market can sometimes move as slowly as a snail and other times as fast as lightning. You need to follow its rhythm, don’t overthink it yourself.
7. If you get the direction wrong, cut your losses in time. Don’t stubbornly hold on, stopping losses is about protecting your wallet, don’t wait until you incur big losses to regret.
8. For short-term trading, keep a close eye on the 15-minute K-line chart. The KDJ indicator can help you find the right entry point, don’t miss the opportunity.
9. The last point, and also the most important one, is mindset. The crypto market is volatile, you need to have a strong heart. Don’t let temporary fluctuations affect your mood, stay calm to make money over the long term. In short, making money in the crypto world is not easy, but mastering these ways, you can also become a winner in life.