In the crypto world, some people become overnight millionaires, but what’s more common is overnight liquidation.
So, do you want to make big money here in the long run?
Don’t focus on those myths of quickly doubling your money; steady and cautious is the way to go.
I tell you, spot trading is the most 'foolish', yet the most stable way to make money in the crypto world.
Why do I say this? Because it’s the simplest and the most reliable.
First, the underlying logic is—buy low, sell high.
If you buy a coin for $1 and sell it when it rises to $1.5, you make a net profit of $0.5.
Isn’t that super simple? This doesn’t mean you should focus on short-term fluctuations, chasing highs and selling lows, but rather patiently wait for the right opportunity and hold your coins steadily.
Many people lose money, not because their methods are wrong, but because their mindset collapses.
With significant market fluctuations, buying at high points and selling at low points is simply a classic case of 'buy high, sell low'.
Moreover, as soon as they hear 'the bull market is here', they can’t resist chasing purchases, and just when they’re excited, they sell, only to find out it has risen again.
Every emotional operation ultimately results in self-defeat.
So how do experts operate?
They earn not from small fluctuations but from big trends.
Buy low in a bear market, sell high in a bull market.
During the mid-bear market, they regularly buy mainstream coins like BTC and ETH as if saving money, waiting for the bull market to come and double their investment, or even more.
In the early bull market, they will scout for some potential coins, waiting for the right moment to surge by 5 or 10 times before selling in batches.
For beginners, I have a suggestion: choose hard currency, such as BTC or ETH, as these coins have strong resistance to declines, and the operation is relatively simple, suitable for you to practice.
Never 'go all in'; instead, buy in batches and sell in batches, which will keep you flexible amidst market fluctuations.
And the most important point—'hold on tightly'.
The essence of spot trading is to layout big trends, not to stare at the market every day.
Too frequent operations will only make you swayed by market emotions and lose money faster.
The true essence of making money in the crypto world lies not in pursuing short-term windfalls, but in understanding 'buy low, sell high', patiently waiting, and holding onto the big trend.
As long as you can hold steady, you will make a profit without loss!