To trade coins, you first need to understand these several principles:

A question that all coin traders ponder day and night: what factors influence the coin price?

And this question can be extended into another question: who is actually manipulating the coin price?

And this question: why do they want to manipulate the coin price?

What they really want to know is just this question: when will it rise, and by how much?

How are prices determined? Even if you haven't studied economics, you know that prices fluctuate around value.

So if we extend the time frame, most coins don't have much value, so there won't be much price, which means--going to zero.

Regular investors, value investors in Bitcoin, and long-term holders will not think they are trading cryptocurrencies.

If you think you are trading cryptocurrencies, you should clearly know that the thing you are trading may eventually go to zero.

For persistent coin traders, they do not care about long-term value, only short-term price fluctuations. What they actually want to do is:

Snatching food from the tiger's mouth.

Long-term prices are determined by value; what about short-term prices? They are determined by the dealers.

So if you want to take a share in short-term speculation, it is no different from snatching a piece of meat from the hands of the dealer.

"Good news drives the market up, good news cashes out and crashes the market" has become a consensus for many.

In fact, this simple sentence reveals the truth of trading.

This sentence actually hides such a setting: a certain project will complete an upgrade in a week, and the real price increase does not occur when the upgrade is completed but when everyone knows it is about to complete the upgrade.

So, is the upgrade itself important?

No, what is important is to let people know that it is about to complete the upgrade.

This is called - generating expectations.

You don’t know why to chase and buy this coin when the old players give you a reason.

Because this coin has great potential, because this coin will soon have good news, because this coin has been rising before you buy.

So you went in, so you got stuck, so you got cut, so you started cursing, so you remained attentive, and so you got stuck again with the next coin.

From liquidation to stable profitability: these 3 fatal habits must be eliminated.

"This time is really different!"

It's not just a slogan; it's a transformation I achieved through blood and tears...

The old me:

Adding positions during floating losses - resulting in deeper entrapment.

Stop loss based on mood - ultimately leading to complete devastation.

Direction relies on guessing - always half a step slower than the market.

Now I am:

Only add positions when there are floating profits - let profits run.

Counterattack stop loss - choking losses in the cradle.

Only focus on wrong killing trends - picking up the market panic and bloody chips.

The first trade only used 10% of the position, securely earning 680U; it’s not luck, it’s finally understanding the language of the market.

Small profits every day + occasional big profits.

This is the sustainable profit model.

But the truth is:

99% of people would rather continue to gamble than change these three fatal habits. Are you like this too?

1. Crazy averaging down when losing.

2. Hesitating when stopping losses.

3. Always feel like I am going against the market.

I have experienced it all, which is why I dare to say:

Changing these three points is more useful than learning 100 technical indicators.

Survival method for retail investors: Dual moving average strategy.

Today I will teach you a simpler and more brutal way to make money.

Just remember one sentence!

I have been in virtual currency for more than 2 years.

Overall it can achieve a win rate of over 80%.

First, let's take a look at the principle of the moving average system. Taking the 5-day moving average as an example, 5 refers to the closing prices of 5 candlesticks, and 'day' refers to the chosen candlestick scale, which is the daily level. Similarly, the 5-hour moving average refers to the closing prices of 5 candlesticks on the hourly chart. Taking the average of 5 closing prices and marking a point, then pushing forward one candlestick, calculating again, and continuously recording these averages forms the moving average.

Moving averages graphically describe the direction of price changes by averaging the closing prices over a period. Normal trading software will default to setting this indicator on the market chart, and the usual settings are the 5, 10, 60, and 120 lines. The larger the number, the longer the average period, and the more sluggish the reaction.

Using moving averages as a trading system involves two steps:

(1) Judge the trend direction: When long-term moving averages, such as the 60-120 period moving averages, trend upward, it indicates that the overall market is rising. When long-term moving averages are moving horizontally, it indicates that the recent trend is not clear and is in a fluctuating period.

(2) Judge buy and sell points: When the short-term moving average crosses above the long-term moving average, it is seen as a bull buy point; when the short-term moving average crosses below the long-term moving average, it is seen as a bull sell point or a bear sell point.

For example, using the 60-day moving average as a long-term moving average to judge trends, when the moving average is slowly rising, it indicates that the market may continue to rise, and one should go long. When the 5-day moving average crosses above the 60-day moving average, execute a buy operation. As long as the 5-day moving average does not cross below the 60-day moving average during the holding period, continue to hold. Until the moment when the 5-day moving average officially crosses below the 60-day moving average, execute a sell operation.

There are some experts in the stock and futures markets who only use one moving average, such as the 20-day moving average. If the trend direction is judged to be upward, and the candlestick price exceeds the 20-day moving average, execute a buy. Hold until the price crosses below the 20-day moving average.

Still using this chart as an example, in mid-November, the 60-day line trends upward, and the 5-day moving average crosses above the 10-day moving average, so buy. Throughout the process, the 5-day moving average has been running above the 10-day moving average, so hold. Until December 21, when the 5-day moving average crosses below the 10-day moving average, sell.

Next, let’s look to the right again. On December 21, when the 5-day moving average crossed below the 10-day moving average, you held on to substantial profits, thinking that the moving average was so strong that it must continue. After a long wait until December 28, the 5-day line once again crossed above the 10-day line, and the 60-day moving average was still trending upward. So you bought and went long, thinking there would be another wave of several times the market. Unexpectedly, the market immediately turned around, and two days later, on December 30, the 5-day line crossed below the 10-day line. Fortunately, you acted quickly and only lost 20%.

Next, on January 1, 2018, you go long again after a crossover, but on the 11th you cross below, and when you look at the account, you surprisingly haven't made any money.

Let me calculate the overall account for you: a total of 3 operations.

(1) The first time was very profitable; that was given by the market, purely luck. Who knows when the next time will be.

(2) The second loss is 20%.

(3) The third time neither profits nor losses.

The overall success rate is 33%. Don't you think the win rate is too low? In the past, Lao Wang used a program trading model to simulate historical data of dual moving averages, and the average win rate in the stock market, futures, and foreign exchange was only over 41%. This means that from a probabilistic perspective, using the dual moving average model to operate will lead to losses.

How do those experts make money using dual or even single moving averages? The answer is position control. If through superb position control technology, you manage to lose only 10% when losing money, while being able to take 100% profit when winning, then theoretically, even a speculative technique with only a 20% win rate can allow you to earn steadily.

A friend in the futures industry uses a speculative strategy with only about 30% win rate, yet manages to achieve an annualized return of 30%.

The pitfalls of the dual moving average system operation lie in the fact that the moving average values are calculated retrospectively, always having lag issues. If it’s a clear large trend, moving averages can indicate direction well. However, in fluctuating markets, especially during significant fluctuations in the later stages of a large trend, moving averages become chaotic. At this time, tops and bottoms are very difficult to judge, and one may face the confusion of selling and then rising, buying and then falling.

At this time, more advanced technical analysis tools are needed to assist. Tomorrow we will continue discussing MACD, using more advanced techniques to compensate for the shortcomings of moving averages.

Finding a suitable entry timing during trading is the biggest challenge. Today I will share 5 trading entry logics; the same structure, different perspectives, and I believe this can help you!

1. Trend line entry.

Catch the rhythm continuation → The upward trend line means the bull rhythm is not disturbed, and if it does not break, there is gambling value.

2. Horizontal support entry.

Look at the interval boundary → The market's repeated turning points are the balance point of long and short positions, and confirming the pullback is a second opportunity.

3. Fibonacci 0.618 retracement to enter the market.

Gambling on inertia adjustments → Most pullbacks stop falling at the golden ratio point, which is essentially a probability game of 'adjustment after rising'.

4. K-line pattern entry.

Read market intentions → engulfing, hammer, and other patterns are direct expressions of long and short attitudes, capturing immediate reactions.

5. Multiple signal stacking to enter the market.

Seeking probability resonance → Trend lines, horizontal lines, K lines, and other clues overlapping at the same position, approaching the 'maximum probability value'.

Five types of logic have no right or wrong, only depend on your chosen market observation perspective.

Friends who don’t want to learn but want to make money in crypto must see this!

Regardless of whether the market is good or bad, one must operate. The result? The more you do, the more wrong it becomes, and the more wrong it is, the more you do. Waking up several times at night to check your phone, opening the K-line several times a day to check prices, looking around and switching back and forth, actually looking back, it’s better not to operate or to operate less.

With these methods you are using, you haven't treated the crypto space as an investment market; you haven’t regarded the money in your account as money; you treat this money as play tokens, which is really dangerous.

Essentially, you are not investing; rather, you want to quickly achieve results in a short time. With this mindset, you have no respect for the market when trading cryptocurrencies. When you lose, you want to win it back; when you incur losses, you want to cut losses, and in this back-and-forth cycle, when will it end?

So, if you want to enter the crypto space, first understand the game rules and investment strategies behind it; it’s not about looking at points, watching live broadcasts, analyzing, or checking the market everywhere. It’s not about following others for frequent short-term trades or contracts every day, but first letting yourself settle down, calm down, and genuinely learn the correct game rules and strategies. Steady and assured, not seeking speed but stability, only then can you have a chance to achieve stable compound interest and lasting profits in this circle.

Lao Wang only engages in real trading, and the team still has positions, hurry up #非农就业数据来袭 .