Te Ge knows a veteran of the cryptocurrency world with twelve years of experience who turned a capital of 100,000 into an asset of 42 million. His investment philosophy is surprisingly simple: the market is always an amplifier of emotions, and we should be observers of those emotions. In the cryptocurrency market, some liken it to a digital casino, while others see it as a wealth revolution.
Breaking the cycle of chasing highs and selling lows
Most people repeat the same script: opening long positions at 112,000 points, hurriedly taking profits at 112,500 points, and then watching the market surge to 125,000 points in despair. When the price falls back to 120,000 points to re-enter, they get shaken out at 119,500 points. The veteran has a tide chart hanging in his office, with the rise and fall curves resembling endless waves: 80% of profits come from 20% of the holding time, yet people frequently trade during the remaining 80% of the time.
When he helped a friend with a loss of 600,000, the account remained unchanged for the first three months. Until one day, when Bitcoin plummeted by 15%, and amidst the panic selling, they followed their plan to add 20% more positions. Three months later, this operation not only covered the losses but also earned enough for a down payment on a BMW X3.
Rules for mainstream cryptocurrencies
The veteran's trading system has three iron rules:
Only dance with giants: avoid newly hyped coins and focus on mainstream assets like Bitcoin and Ethereum that have experienced more than three halving events and can still return to their peaks.
Left-side entry wisdom: when mainstream cryptocurrencies correct more than 50% and the weekly MACD shows a golden cross, use 10% of the funds to establish an observation position, "not predicting the bottom, but dancing with the trend." Right-side scaling discipline: when breaking the 60-day moving average accompanied by increased volume, add 20%-30% more positions. The cost may be 20% higher, but it can avoid 80% of false breakouts.
The art of taking profits
The three hourglasses on the trading desk hold secrets: withdraw all principal when profits reach 50%, withdraw 50% of profits when doubling, and the third hourglass remains for dealing with black swan events. The market is an ATM, but the password is not greed, but the discipline of phased withdrawals.
Last year, Ethereum started at 1,200 dollars, and when it broke through 2,000 dollars, he strictly followed his strategy. Although he missed the 4,800 dollar high, when it corrected to 3,000 dollars, the remaining position still maintained an 80% profit.
In this 7×24 hour market, the veteran maintains a monk-like routine: spending three hours each day watching the market and the rest of the time reading philosophy.
Te Ge's sickle is faster than that of the dog farm! Follow me, and I'll teach you how to turn the market against itself! #BNB创新高 #美联储7月会议纪要