At the end of 2014, I entered the Bitcoin circle, and after about eight or nine years, I earned wealth that I would never achieve in my lifetime, even surpassing more than 99% of the people around me.

Because many newcomers are simply clueless and rashly enter the market. But I'm different; it was because I got involved with Bitcoin that my life transformed from a miserable existence to a path of wealth.

Trading is as simple as drinking water! Before enlightenment, it is as difficult as climbing to the sky; after enlightenment, it is as easy as turning your hand. A senior in the crypto circle, starting from ten thousand yuan to a net worth of over a hundred million, once told me what it feels like to comprehend stock trading, and I realized that feeling eight years ago.

Cryptocurrency trading is a huge topic; there are no experts here, only losers and winners! I am just summarizing and sharing important experiences from the past ten years. It cannot be said to be safe, comprehensive, or systematic, but it contains the wisdom of predecessors and a realm of sublimation, with most points proven by practice! I selflessly share this, hoping to meet more like-minded friends in the crypto circle.

So how to do well in cryptocurrency trading? Once a person enters the financial market, it is difficult to turn back. If you are currently losing but still confused and plan to treat cryptocurrency trading as a second career, you must understand the 'Vegas Tunnel strategy'. Understanding it thoroughly can save you a lot of detours, all based on personal experience and feelings. I suggest you save it and ponder it repeatedly!

Without further ado, let's get straight to the point!

1️⃣ What is the Vegas Tunnel

This weekend's stock market will introduce a legendary trading method in virtual currency trading, the Vegas Tunnel. Many experts in the crypto circle use this method to earn tens of millions of dollars.

The Vegas Tunnel is mainly applied to small cycle intraday charts and is very suitable for volatile, fast-changing cryptocurrency trading. I simplified and improved it, and it works just as well in stock trading primarily based on daily charts.

The Vegas Tunnel is very simple in composition, consisting of the 144 and 169 exponential moving averages (EXPMA).

As shown:

This is the daily chart of the Shanghai Composite Index and the Vegas Tunnel.

2️⃣ Three forms of the Vegas Tunnel

If used correctly, the Vegas Tunnel provides very good support and resistance, allowing traders to easily judge trends and find entry points.

The Vegas Tunnel is divided into three forms: upward, flat, and downward.

Upward pattern, as shown:

All the way up, with a steep slope, indicating an upward pattern.

An upward pattern indicates that the market is in an upward trend.

Flat pattern, as shown:

Regardless of whether it goes up or down, the slope is very small, indicating a flat pattern.

A flat pattern indicates that the market is in a consolidation trend.

Downward pattern, as shown:

All the way down, with a steep slope, indicating a downward pattern.

A downward pattern indicates that the market is in a downward trend.

3️⃣ Suitable environments for the Vegas Tunnel

Upward pattern: only suitable for going long.

Flat pattern: only suitable for observation.

Downward pattern: only suitable for shorting.

Because A-shares cannot be shorted, we can only go long using an upward pattern. Both flat and downward patterns can only be observed.

4️⃣ How to confirm the upward pattern of the Vegas Tunnel.#BitDigital转型

As shown:

Confirming the Vegas Tunnel as an upward pattern requires three steps:

1, The stock price is above the Vegas Tunnel.

2, The Vegas Tunnel 144 crosses above the 169 line.

3, The stock price falls back after the first time through the Vegas Tunnel and continues upward.

As long as these three points are confirmed, it is deemed to be an upward trend, and then you can proceed with long trades according to the rules.

5️⃣ Simple version of Vegas Tunnel trading rules

1, The Vegas Tunnel is in an upward pattern.

2, The stock price falls back into or below the tunnel and then crosses above the tunnel again.

3, Adjust the RSI parameter to 10. When the RSI value exceeds 50 and enters a strong zone, buy at the opening price of the next K-line.

4, Set the most recent low point after buying as the stop-loss point.#俄乌冲突即将结束？

5, The difference between the buying point and the stop-loss point is multiplied by 1.5 for the take-profit selling price.

6️⃣ Example explanation

As shown:

Through steps 1, 2, and 3, the Vegas Tunnel has been confirmed as an upward pattern.

When the price falls back below the tunnel and crosses through the upper track again, check whether the RSI exceeds 50. Currently, it has not exceeded 50, and buying is not allowed.

The stock price crosses above the upper track of the tunnel for the second time, and two days later, the RSI exceeds 50, entering a strong zone. The opening price the next day is the buying point.

The opening price the next day is 3452.21, while the previous low of 3344.97 is set as the stop-loss price, and the take-profit price is calculated to be 3613.07.

After the stock price consolidates for a period, it continues to rise, and the take-profit price is executed.

This trade was completed, yielding a profit of 4.66%

Everyone should have learned the simple trading rules.

Next, I will summarize a set of secrets and present them in graphical form, hoping to help everyone.

Finally, I would like to share a set of insights on trading cryptocurrencies!

Mindset is really important.

If you have been liquidated this time, don't panic; don't dwell in pain. Think about whether the issue is with the market or with yourself. I dare say that 90% of the time, it's because you can't control your desires and impulses, which is a common problem among 'gamblers' in the crypto circle. You must correctly understand: it’s not trading that ruined you, but your gambler's mindset that led you down this path.

1. First ask yourself: are you really a trader or just a gambler? A trader is disciplined, has a plan, and is responsible for their actions; a gambler is emotional and bets everything on 'luck'. To be honest, when I first entered the crypto circle, I was a gambler. I would increase my positions without looking at the market, going all-in without care; to put it bluntly, it was all gambling. At that time, I made money and felt good, but when I lost, I blamed the heavens and the earth, thinking the market was unreasonable. The fact is, it wasn't the market that was wrong; it was me who deserved to be liquidated.

2. Gambling addiction is the greatest poison in all trading. When you are addicted to gambling, you completely lose your rationality. When the market surges, you are extremely greedy; when it crashes, you stubbornly hold on, always thinking about doubling your investment. But the market will never cater to gamblers. In fact, it's not that we can't admit to having a gambling addiction; it's that most people are too concerned about their image to change. Brother, if you don't change this habit, no matter how much you earn, you will eventually lose it all.

3. How to correctly become a true trader?

• Learn to control emotions: Trading is never driven by emotions. Don't be led by greed and fear; make a plan and strictly execute it. Don't get carried away when prices rise, and don't be confused when they fall. Following the plan is the core.

• Small position testing patience: Never go all-in at every opportunity. Those who truly understand trading will break each transaction down into smaller parts; a good trader doesn't gamble on probabilities but manages risk.

• Learn to take profits and cut losses: One of the most terrifying aspects of human nature is being unsatisfied. When making money, you want to earn more; when losing, you refuse to cut losses until liquidation, only then realizing regret. All of this can be avoided with strict profit-taking and stop-loss rules.

• Regular review: If you make a profit, you smile secretly; if you lose, you blame the market. This is a gambler's mindset. A true trader will review their performance after each operation, find out where they went wrong, and improve next time.

4. A gambler's only ending is: return

Finally, remember:

The crypto circle is a marathon; stability far outweighs speed. Gains made by luck will ultimately be lost due to lack of strength. Only by integrating position management into instinct can one survive in a harsh market.

Remember: as long as you are alive, you have the right to wait for the next turnaround.

Even the most diligent fishermen won't go out to sea during a storm; instead, they carefully protect their fishing boats. This season will eventually pass, and sunny days will come! Follow me, and I will teach you how to fish and also how to fish effectively. The door to the crypto world is always open; only by going with the trend can you have a life in accordance with the trend. Save this and keep it in mind!