Someone asked me how to turn 3000 into 100 times?

Try earning 10% every month, are you trying to fantasize about earning 1 million with compound interest thinking?

That can only be a fantasy, I tell you the reality is that you can only earn 100 times by relying on each time's 10 times, 5 times, or 3 times.

Compound interest is one of the eight wonders of the world…

You only need to be liquidated once, and you will never listen to these toxic motivational speeches again!

Crossing classes in cryptocurrency relies absolutely not on compound interest, but on cycles, liquidity, and price action​.

Use cycles to make contracts:

The larger the cycle you look at, the higher your chances of winning. Essentially, the crypto world is a global financial market, and you are playing a trading game with people from all over the world, now you need to take money from their wallets.

How to take it?

Use slow money to make fast money, use smart money to earn from the foolish.

Most people in this world are impatient, do not understand strategy, and are reckless. Most people open positions relying on a 'brute force' approach and rarely pay attention to their position, entry timing, or risk value.

They only focus on how to make quick profits, so they jump in and out quickly, betting big and getting liquidated.

They make trades for profits and losses of dozens of points. If you hold your positions longer, aiming for a profit and stop loss of 200 points, your chances of winning increase.

Your funds will consume such capital. It's not about how clever or patient you are; in fact, you've leveraged a very critical factor—'cycle.'

When the price of Bitcoin was at $3000, it fluctuated about dozens of points daily. At $10,000, it was 200 points. At $30,000, it fluctuated 1000 points daily, and at $58,000, which is the current price, it fluctuates around 2500 points daily.

Your forced liquidation price can only withstand a fluctuation of 300 points. I understand your ambition, but you can't treat volatility lightly!

This knowledge doesn't require you to understand it only after getting liquidated; you need to understand it right now!

You control your risk well; it doesn’t matter if your contract is 1000 times. You just need to be aware of where your risk value is.

Let me give you an example. For instance, this bull market is a large cycle, and within that large cycle, there are countless small cycles, which are nested within cycles. These small cycles fluctuate back and forth, always moving towards the peak of a bull market.

You need to judge where the low point of a small cycle is at this moment. This low point is unlikely to be broken, and then trade within this cycle without looking at resistance levels.

As long as you judge well, there is no mentality of anxiety or panic. I believe the bottom of the small cycle in Ethereum is at 2947. As long as it drops within the range, I will average down without even thinking. If it drops, I will average down, and I will set my sell order at 3210.

If it drops, I will continue to average down. What am I afraid of?

Traders are like this: I will always unconditionally trust myself.

I'm not afraid because I've controlled my position and controlled my risk. I believe that my risk is at its lowest right now.

This position, this logic, and this cycle have no lower risk than I expected.

I accept my losses!

Because I have already controlled the risk!

There are no gods in the contract market. Don't create a god for someone. Those who earn millions from just hundreds of thousands over a year are just good at controlling risks.

I'm saying this because too many people getting liquidated is completely unnecessary. A qualified liquidation experience is when you have gone through countless corrections and efforts but still cannot be saved.

There are many aspects involved in liquidity and price action. I'll share more with you tomorrow, and finally, we can talk about some views on the market.

It's the same saying, if you don't know how to operate in a bull market, click on Aze's avatar, follow him, for bull market spot planning, contract secrets, and free sharing.