It is now 2025, and Hong Kong is basically in a legal state. As long as your USDT comes from a legitimate source, you can go to Hong Kong for cashing out. There are offline exchanges there where you can transfer USDT to them, and they will give you cash. Take the cash to a bank and open an account with Bank of China Hong Kong (opening is free), and you will almost 100% not receive dirty money! It is very convenient; round trip to Hong Kong costs only a thousand or two for tickets.
In July this year, I experienced it in Hong Kong; the process was smooth. One Hong Kong dollar is a thousand bucks; taking out 10,000 bucks only requires 10 bills, and you can smoothly leave by just putting them in your pocket! This should be the best and most convenient channel for cashing out currently.
How to become one of the few who make money in the crypto world! [How to ensure profit in trading coins] A 10-year experience guide, must be bookmarked!
So-called making money from trading coins refers to the price differences generated during the trading process. Simply put, if you can make money, it means that someone else bought your position at a high price, and if you earn, someone must lose.
Assuming there are ten participants in the crypto world, each with 10 bucks. If only a few people make money, one person earns 2 bucks from the other nine, making that person have 28 bucks, while the other nine have 8 bucks. The game can continue. If most people are making money, where nine people earn 2 bucks from one, then the nine have 11 bucks, and the one not only loses everything but owes 8 bucks, making it impossible to continue the game.
If a few people make money, the market can sustain; if most people make money, the market will collapse.
It's like the lottery; most people can win, and the lottery company cannot continue to operate. Only when most people fail can a few win, allowing the lottery company to continue its business.
Therefore, the crypto market will use every method to make most people lose money.
How to become one of the few who make money?
There are many factors that lead to losses in trading coins, summarized as the following six points. As long as you go against these six points, you can become a unique person.
1. Severe short-term thinking.
Simply put, we should look further ahead; everyone discusses how much has risen today and how much will fall tomorrow... but not how this coin will be in half a year or a year. Everyone can look at those 'big shots' in the crypto world who have achieved financial freedom; which of them made money in three to five days? They all rely on time to endure; reasonably allocate positions, primarily long-term with mid to short-term as a supplement, and follow short-term trend changes when they are identifiable.
2. Chasing high and selling low.
Chasing high and selling low is almost a mistake every crypto investor makes. They see a certain coin soaring, and the whole world is discussing this coin, so they follow the trend and buy in. After buying, they get stuck and lose 10% or 20%, and they are reluctant to cut losses, waiting for the day they can get out. When it continues to fall, losing 50%, even 60% or 70%, they think this coin is not good and directly cut losses to the floor; then they repeat this step over and over, chasing high and selling low. This issue really has no good solution; it is a psychological problem.
3. Insufficient understanding.
Many people do not think before investing; they just follow what others say. Today a certain influencer says this coin is good, they buy it immediately! Tomorrow some insider news says that coin will rise, and they buy it too... They have no idea why this coin is good or why that coin will rise; this kind of investment without thinking is bound to lose money. When investing, we can use others' understanding as a reference, but we must establish our own understanding first. No matter how skilled a KOL is, they built their position first before allowing you to build yours, and only remind you after they cut losses. You can only help them lift their chair.
4. An overly restless mind.
Restlessness seems to have become the norm in the crypto world; many people enter this market with the mindset of getting rich overnight, but are not prepared for potential total loss and do not have the ability to get rich overnight! After buying a coin, they hope it will rise immediately, double in three days, and increase tenfold in half a month... If the purchased coin does not rise for half a month or even incurs losses, they start finding excuses for themselves, cursing the project for not managing the market value, cursing the manipulators for dumping, and blaming the influencers for inaccurate predictions... They have seen too many stories of overnight wealth in the crypto world, and almost every time period has tenfold and hundredfold coins emerging, subconsciously treating the crypto world as a 100% winning casino, believing that as long as they buy coins, they will make money, without viewing it as a real financial market; bloodthirstiness is the essence of the financial market.
5. Not learning.
Previously, some media conducted a survey on investors' understanding of digital currencies. Among 778 randomly selected digital asset investors, fewer than 10% could quickly and accurately describe 'what Bitcoin roughly is?', and only 17 people could accurately explain 'what blockchain technology is?'; although the sample size of this data is small, it is enough to illustrate the current overall situation of investors in the crypto world. If one cannot even figure out what they are investing in, how can they have faith? Without faith, no matter how low the price of tokens or how good the coin type is, how can you hold onto them? Learning is an eternal wealth; only through continuous learning can one avoid being harvested.
6. Lacking a sound investment philosophy.
Most people do not have a complete investment plan before investing; they completely follow their feelings. This instinctual investment method is highly likely to lose money when encountering unexpected situations. Only by summarizing a set of investment strategies suitable for oneself can we cope with various situations, whether rising or falling, and deal with them calmly. This way, at least it can keep our mindset undefeated and avoid making wrong choices due to mental state.
How to become one of the few who make money in the crypto world! [How to ensure profit in trading coins] A 10-year experience guide, must be bookmarked!
So-called making money from trading coins refers to the price differences generated during the trading process. Simply put, if you can make money, it means that someone else bought your position at a high price, and if you earn, someone must lose.
Assuming there are ten participants in the crypto world, each with 10 bucks. If only a few people make money, one person earns 2 bucks from the other nine, making that person have 28 bucks, while the other nine have 8 bucks. The game can continue. If most people are making money, where nine people earn 2 bucks from one, then the nine have 11 bucks, and the one not only loses everything but owes 8 bucks, making it impossible to continue the game.
If a few people make money, the market can sustain; if most people make money, the market will collapse.
It's like the lottery; most people can win, and the lottery company cannot continue to operate. Only when most people fail can a few win, allowing the lottery company to continue its business.
Therefore, the crypto market will use every method to make most people lose money.
How to become one of the few who make money?
There are many factors that lead to losses in trading coins, summarized as the following six points. As long as you go against these six points, you can become a unique person.
1. Severe short-term thinking.
Simply put, we should look further ahead; everyone discusses how much has risen today and how much will fall tomorrow... but not how this coin will be in half a year or a year. Everyone can look at those 'big shots' in the crypto world who have achieved financial freedom; which of them made money in three to five days? They all rely on time to endure; reasonably allocate positions, primarily long-term with mid to short-term as a supplement, and follow short-term trend changes when they are identifiable.
2. Chasing high and selling low.
Chasing high and selling low is almost a mistake every crypto investor makes. They see a certain coin soaring, and the whole world is discussing this coin, so they follow the trend and buy in. After buying, they get stuck and lose 10% or 20%, and they are reluctant to cut losses, waiting for the day they can get out. When it continues to fall, losing 50%, even 60% or 70%, they think this coin is not good and directly cut losses to the floor; then they repeat this step over and over, chasing high and selling low. This issue really has no good solution; it is a psychological problem.
3. Insufficient understanding.
Many people do not think before investing; they just follow what others say. Today a certain influencer says this coin is good, they buy it immediately! Tomorrow some insider news says that coin will rise, and they buy it too... They have no idea why this coin is good or why that coin will rise; this kind of investment without thinking is bound to lose money. When investing, we can use others' understanding as a reference, but we must establish our own understanding first. No matter how skilled a KOL is, they built their position first before allowing you to build yours, and only remind you after they cut losses. You can only help them lift their chair.
4. An overly restless mind.
Restlessness seems to have become the norm in the crypto world; many people enter this market with the mindset of getting rich overnight, but are not prepared for potential total loss and do not have the ability to get rich overnight! After buying a coin, they hope it will rise immediately, double in three days, and increase tenfold in half a month... If the purchased coin does not rise for half a month or even incurs losses, they start finding excuses for themselves, cursing the project for not managing the market value, cursing the manipulators for dumping, and blaming the influencers for inaccurate predictions... They have seen too many stories of overnight wealth in the crypto world, and almost every time period has tenfold and hundredfold coins emerging, subconsciously treating the crypto world as a 100% winning casino, believing that as long as they buy coins, they will make money, without viewing it as a real financial market; bloodthirstiness is the essence of the financial market.
5. Not learning.
Previously, some media conducted a survey on investors' understanding of digital currencies. Among 778 randomly selected digital asset investors, fewer than 10% could quickly and accurately describe 'what Bitcoin roughly is?', and only 17 people could accurately explain 'what blockchain technology is?'; although the sample size of this data is small, it is enough to illustrate the current overall situation of investors in the crypto world. If one cannot even figure out what they are investing in, how can they have faith? Without faith, no matter how low the price of tokens or how good the coin type is, how can you hold onto them? Learning is an eternal wealth; only through continuous learning can one avoid being harvested.
6. Lacking a sound investment philosophy.
Most people do not have a complete investment plan before investing; they completely follow their feelings. This instinctual investment method is highly likely to lose money when encountering unexpected situations. Only by summarizing a set of investment strategies suitable for oneself can we cope with various situations, whether rising or falling, and deal with them calmly. This way, at least it can keep our mindset undefeated and avoid making wrong choices due to mental state.
In the crypto world, everyone has heard the story of 'turning 10,000 into 1 million', but the reality is that most people not only do not make money, but are also harvested by the market.
Be suitable but not perfect.
We do not have insider information, no capital advantage, nor the trading experience to withstand multiple rounds of bull and bear markets. What we can rely on is only to recognize.
Market, recognize yourself, establish rules, control emotions.
The crypto world is not a shortcut to wealth but a battleground for the few who survive.
1. First, recognize the market: this is a world ruled by uncertainty.
The essence of the market is not a technical game but a highly complex probability game.
You must accept that no matter how clever a strategy is, it cannot consistently generate profits in all environments. Any trading system that claims '100% win rate' +.
, all are fabrications.
What we can do is not to defeat the market, but to adapt to the market, using discipline to combat uncertainty.
Profits and losses come from the same source: how you make money determines how deep your losses will be. Heavy position betting: it might double, or it might go to zero. High leverage to seize rebounds: eating.
Getting one bite of meat but once you go wrong in direction, it leads to direct liquidation. Averaging down against the trend sometimes can save you, but under a unilateral trend, it is like slowly committing suicide.
Those who truly survive in trading are those who repeatedly bet in 'probability advantage+' using systematic methods—earning a lot when right, and losing little when wrong.
Lose less. 2. Recognize yourself again: you are not a genius, and even less a loser.
Most people in the market do not die of ignorance but of self-righteousness: addicted to predictions, trying to catch all tops and bottoms, technical stubbornness.
Thought: Crazy piling up indicators, but ignoring position and risk control, relying on luck: crediting oneself when making profits, blaming the market when losing. Overconfidence: continuously winning several times.
Just because you have a pen, you think you are invincible.
Please remember: discipline > technique, execution > inspiration, stability > stimulation.
Real money-making trades are often boring.
3. The underlying logic for ordinary people to make money.
You do not need to be a genius; you just need to establish a replicable and sustainable trading system.
1) Capital management + only use a small portion of total capital for each entry, lightly test the waters, confirm the trend before increasing positions, don't go all in right away.
Position not exceeding 30%, reserving maneuverability.
2) Suitable cycles for oneself: short-term: for those with strong market feel and quick reactions; swing trading: suitable for those who can endure fluctuations and can handle trends; long-term.
Those who understand macro and fundamentals have a better chance of winning.
3) The trading system should be simple, executable, and replicable. Trend strategy: follow the trend, don't add positions against it. Fluctuation strategy: buy low and sell high, and stop losses must be.
Quick arbitrage strategies: cross-platform price differences, small fluctuation arbitrage, high win rate but slow.
4) Stop loss and take profit + must be mechanically executed. Set the stop loss line before entering, and you can take profit in batches when hitting the target; do not be greedy or timid, take the middle segment.
The market trend is enough.
5) Emotion management + reduce the frequency of monitoring the market, avoid impulsive trading, accept losses, do not average down on losses, do not inflate profits, write trading logs, continuously.
Review and optimize the system. Four, the key to truly surviving: mentality and compound interest.
The hardest thing to defeat in the crypto world is not the market, but one's own greed and fear.
What you need to do is not to achieve 'tenfold in a year', but rather to seek stable annual returns + strict stop losses + not being wiped out by the market.
Don't underestimate the matter of 'watching live'; compound interest is the only way retail investors can match institutional maneuvers: 30% annualized, 10 years is 20 times annualized.
50%, 10 years is 57 times doubling in a year; the second year is a liquidation, resulting in 0.
If you accidentally incur a loss.
Final advice: Do not become a 'legend', instead be a 'survivor'.
In the crypto world, legendary stories belong only to a very few. The vast majority of winners are ordinary people who can survive in a long market.
Make fewer mistakes, execute more, regularly review, and maintain rationality and patience.
The market is always changing, but the rules do not change. Your only goal is: in this great wave of sedimentation, do not get washed out. If you feel confused.
It might be a good idea to bookmark this article as the starting point of your trading journey. Not for the sake of getting rich, but to stay at the table.
Mutual encouragement.
There are many ways to trade, but not all methods can be learned. We all hope to obtain decent returns using the simplest methods.
The gains are not that friends in the coin circle cannot find good coins, but rather they think too complicated!
Trading is simply about doing four things well: selecting targets, buying points, selling points, and managing positions. Traders need to have an independent trading system to execute these four.
Actions. In trading practice, ABC trading strategy + + stable win rate, simple and easy to understand.
(1) Strategy sources and basic connotations.
The ABC trading strategy is an interpretation based on the ABCD core trading theory developed by the instructor. The instructor's method is applied in the A-share market.
Applying it smoothly, and combined with the characteristics of crypto trading, Lele has expanded this theory. The core trading theory of ABCD absorbs Dow's principles.
Theory + Wave Theory + Turtle Trading Rules + D'Avas Box Theory + Trading Psychology and other theoretical essences.
Figure 1 is a classic uptrend. The underlying logic is that the bottom is raised, and the uptrend continues.
Figure 2 is a classic downtrend. The underlying logic is that the top lowers and the downtrend continues.
The price movement of any trading target is nothing but the continuous repetition and overlap of these two classic patterns. A deep understanding of the following two classic patterns is crucial.
Deep understanding is the fundamental essence of mastering the ABC trading strategy.
(2) Buy and sell points.
The ABC strategy is mainly based on right-side trading, pursuing a high win rate, but not extreme profits. It advocates building positions in batches, taking profits in batches, and stopping losses in batches.
Maximizing risk dilution.
Taking Figure 1 as an example, the buying point appears at points X and Y, where the buying characteristic at point X is 'Four in' (the closing price exceeds the highest price of the four K lines on the left), Y.
The characteristic of point buying is that the closing price exceeds point B. There are two stop loss points: the first is "two out" (current K line closing price is lower than the lowest price of the two K lines on the left), and the second is point C, and all stop losses should be at this point.
The lowest price), the second stop loss point is point C, and all stop losses should be set here. The ABC strategy allows a certain position for left-side trading, with the key point being to control the position.
And control stop losses.
In practical application to Figure 3, it has formed an upward ABC structure. Arrow 1 is the 'Four in' buying point (the two buying points X and Y described in Figure 1 can be seen in practical application in Figure 3.
Overlapping). The two stop loss points are Arrow 1's potential future "two out" and point C.
Note: "Four in and two out" also comes from giving.
Compared to stop loss points, take profit point models are more complex, with many selection dimensions, and need to be taken in several batches.
The three basic types of take profit methods are:
1. "Two out" take profit. In Figure 3, Arrow 2, if the closing price is lower than the lowest price of the two K lines on the left, take profit.
2. Excess profit take profit. Whenever there is a rapid increase in volume within any time frame, it indicates a take profit point, which belongs to the left side take profit.
3. Multiple overlapping take profits.
Draw a horizontal line at the closing price of point D, and multiple points on the right near the same horizontal line can be selected for taking profit near that level. Additionally, there are.
Low volume take profit, critical point take profit, box doubling take profit, etc.
(3) Position size determines the extent of profit, with many factors involved and different weights.
The main principle is:
1. When the overall trend is upward, the position for going long can be higher, while for shorting, it should be light. Conversely, when the trend is downward, the opposite applies.
2. The more significant the volume increase over the decline, the higher the position ratio should be. If the volume is dull, control the position. Conversely, the opposite applies.
3. Left-side positions generally do not exceed 1/4.
The above are the key points of the basic version of the ABC strategy. On this basis, combined with complex K lines, in pursuit of a higher win rate, one must also use Fibonacci.
Using tools like Fibonacci retracement, multiple point connections, ascending/descending channel lines, triangles, etc., in conjunction with the ABC trading method. The above content will be shared in the ABC strategy.
In the advanced version, various left-side entry methods, more take profit methods, 'Four don't enter', 'Two don't exit', and other advanced strategies will be shared in detail.
Three rules about volume-price relationships: increasing volume and rising price means entering; stable volume and falling price means exiting! 1. It's best to exit when there is high volume.
High positions typically refer to coin prices that are near historical highs or are in high zones with three to four significant cycles. If volume increases at this time, it indicates that the position is about to rise.
When it is the main force dumping goods, distributing chips to retail investors, the best strategy is to exit and observe. If there is no relatively large volume at this position, do not act.
Easily exit.
2. Low volume at low positions is a better strategy.
Low volume at low positions is because the main force may still be distributing, and has not yet reached the step of accumulating. As long as there is no accumulation, it has not reached the real rise.
In terms of timing, only when volume increases can it be confirmed that the main force is acting. Therefore, one must dare to follow in cases of volume increases at the bottom, even if it is wrong, it can be accepted.
The only difference is that the waiting time may be longer, but it will not cause losses.
3. Entering when volume increases and prices rise is not frightening.
As the trading volume increases, if prices continue to rise, it indicates that there is strength pushing the market. According to trend principles, there will be subsequent movements.
It won't just be one wave, so be bold to enter; but also be cautious when encountering increased volume with stable prices or rising prices.
For the overall market:
If the overall volume continues to strengthen, opportunities for various coins will increase. The overall operating principle is to gather strength upstream; conversely, if the volume is not very obvious.
It is advisable to act with light positions; if energy weakens, opportunities for individual stocks are scarce, so exiting is the best strategy, and do not act lightly.
For individual coins:
1. Increasing trading volume indicates the overall market is gathering momentum for a significant rise. When trading volume decreases, energy diminishes, and there is no need to focus too much on individual coins with small volumes.
Up.
2. Pay attention to positions; both high and low volume can cause trend reversals, so be sure to check.
3. Large trading volume, coin prices drop significantly, and the trend continues to decline. If a decrease in volume occurs later, it indicates that the downtrend is about to end.
When the coin price drops less, it is the day of reversal.
How to maintain a 90% win rate in the crypto world!!!
The secret to maintaining a 90% win rate in the crypto world lies in this world filled with temptation and risk. Many investors desire to be able to maintain...
Maintaining an extremely high win rate.
However, achieving a 90% win rate is not easy; it requires in-depth market understanding, rigorous investment strategies, and strong risk control.
Control ability.
The most difficult part of trading coins is not selecting coins, nor buying and selling, but waiting; the most difficult part of life is not effort or struggle, but choice. Downward movements clear away impatience, upward movements test composure. Trading coins can cause us to grow continuously, and growth is painful; this pain does not come from growth itself, but from facing so many changes and unforgettable experiences during the process.
For those who are self-disciplined in the crypto world, pain is also joy; where there is hope, hell is also heaven.
In the crypto world, retail investors always give up coins that haven't risen and chase those that have risen high; in life, people always cherish what they haven't obtained and forget what they already have. The reason for losing money in trading coins is not because of simple thinking, but rather because of overly complicated desires; people are happy not because they obtain more, but because they care less.
