I was fortunate to meet a senior veteran in the industry who started with a capital of ten thousand and eventually created a fortune of hundreds of millions. When discussing investment insights, he once mentioned to me the wonderful realm of "enlightenment and understanding", and now I have personally experienced this transformation. The most precious opportunities in life are not sudden wealth or unexpected joys, but rather encountering wise individuals who break the shackles of thinking and help you transcend cognitive boundaries, moving towards a higher level of growth. Just as wealth stems from the height of cognition, the foundational framework of lower-level thinking builds the basis for career development.
Before enlightenment, every step felt like climbing a perilous peak; after gaining insight, one realizes that the world is suddenly vast and clear. Many investment masters, after achieving enlightenment, often see the complex market as transparent as water, while most retail investors are still trapped in the misconception that "one must experience massive losses to succeed."
As a practitioner who has steadily profited in the market for ten years, although I dare not call myself a top trader, I wish to share some insights: there are levels to trading mastery—fourth-tier traders are stuck on technical indicators, third-tier experts excel in capital allocation, second-tier masters understand investment philosophy deeply, first-tier masters control psychological games, and those who transcend must achieve a comprehensive elevation of their overall quality.
The ten consistencies between buying coins and marrying a wife
1. When marrying, you must choose someone you are satisfied with; you cannot just pick someone off the street! (When buying coins, you must have self-evaluation and choose the best.)
2. You must carefully check your future daughter-in-law's background, including the woman's family (currency background manager)!
3. A woman you don't want to spend your life with, you definitely won't marry! (Do not buy coins that you do not want to hold for 3-5 years.)
4. After marrying, you must spend time together; whether you can have a chubby baby in the future depends on your own genes! (How well you do is a reflection of your ability to choose coins.)
5. If your wife ignores you, you need to know why? (When the market declines, find the root cause, firmly maintain confidence in holding coins, do not forget your original intention; if she really changes her heart, there is nothing to be done but to cut losses.)
6. Don’t engage in one-night stands; even if you encounter a bad situation once in ten tries, you’re done for! (Do not have a short-term blind gambling mentality.)
7. Don’t always think about finding a little wife; in fact, one tigress is enough to keep you busy! (Do not be distracted by outside temptations.)
8. During holidays, you still need to visit your father-in-law's house (learn more about internal coin situations, grasp first-hand information).
9. After having children, you must educate them together with your wife. Do not throw all the tasks to the teacher and school! (Dilute costs, do high sell-low buy with the trend, reduce costs, and combine fundamentals with trends.)
10. If a couple raises their child well, can earn money and be filial to parents, then you can retire! (As time goes by, profits increase, you can completely rest assured to hold coins without moving, gradually take profits in batches.)
Trading coins simplifies complexity; do complex things simply, and do simple things seriously; simplicity leads you closer to success!
Over the past seven or eight years, assets have achieved a growth of 30 million, and along the way, I have gone through trials and accumulated valuable experience. Here I share some key insights, hoping to inspire everyone.
1. Capital management is the key to success
Divide your funds into five equal parts, using only one-fifth each time, while setting strict stop-losses. Each trade's loss should not exceed 10%, and total capital loss should be controlled within 2%. Even if you make five consecutive mistakes, the total loss will only be 10%, but as long as you seize one opportunity, the profit can easily compensate for the loss.
2. Follow the trend, do not go against it
When the market declines, do not blindly try to catch the bottom, as it could easily be a trap; patiently wait for clear signals.
When the market is rising, don’t rush to sell; this might just be a "golden pit"; buying low is more reliable than trying to catch the bottom.
3. Keep a respectful distance from coins that surge in the short term
Whether mainstream coins or altcoins, very few can sustain rapid increases; most coins will enter a stagnation or pullback phase after a rapid rise. Do not have unrealistic expectations betting on small probabilities of high-position surges.
4. Reasonably apply technical indicators
MACD Indicator
Very practical: when the DIF line and DEA line form a golden cross below the 0 axis and break above, consider buying; conversely, when a dead cross forms above the 0 axis and moves down, consider reducing positions.
Replenishing positions must follow a strategy: do not add to positions when losing, only add when profitable; otherwise, it is easy to incur greater losses.
5. Trading volume is the core of the market
Focus on situations where low-level volume breaks out; this is an important signal for market initiation. Only trade coins in an upward trend, closely observe the 3-day, 1-hour, 4-hour, and 8-hour moving averages; when these moving averages turn upward, it usually means the upward trend has been established.
6. Do a good job of reviewing and adjusting strategies
After completing a trade, you must review it, reorganize your holding logic, and flexibly adjust subsequent trading strategies based on the weekly K-line trends.
Investing is a complex discipline, a comprehensive game involving skills, techniques, mindset, and human nature. In this process, those with strong risk awareness, good risk management, and effective risk control measures are the ultimate winners.
1. Unlimited time funds are a prerequisite for investing.
Funds must be completely free, with no time limit. A self-owned capital with no interest pressure is a prerequisite for investing.
2. Use market traps to win
When you want to go long, the short trap is your best opportunity;
When you want to short, the long trap is your paradise.
3. Safety is the foundation for living long in this market
Avoid overtrading: (avoid frequent trading and excessive margin in a single trade)
4. The market is the best place to refine oneself; human greed, fear, and foolishness are constantly being played out in the capital market at every moment. Cultivating oneself in this big dye vat is the greatest benefit of the market.
To conquer the market is to conquer your own greed, fear, and foolishness.
5. Not every trade will win money
Every trade carries the risk of loss. Do not daydream, work hard to make money, never let your guard down, and pay attention to capital management.
6. Trading psychology is crucial. Stay emotionally stable whether making money or losing money.
7. Successful trader mindset:
Do not care about money, accept risks in trading and investing, equally accept both profitable and losing trades, enjoy the process, never feel deceived by the market, always seek to improve skills, as skills improve, account profits increase.
Be open-minded and treat various viewpoints equally, do not get angry, summarize each trade, there is no need to conquer or control the market, have confidence, self-control, only bear risks you can afford, trade with your own funds, take responsibility for all trading results, keep calm during trading, have the ability to face reality, do not care about market direction, trade with the trend.
Can you turn 2000 yuan into 30 million in trading coins? Let me tell you something practical!
The core is one sentence: rely on contract trading to amplify profits! But don't rush; first turn that 2000 yuan into 300U (approximately 300 USD), let's take it step by step:
Step 1: Roll a small amount of capital into a snowball (300U→1100U)
Every time I take out 100U to play, I specifically choose the hottest coins. Remember two things: ① Take profits when you double (e.g., 100 turns into 200 and immediately cash out) ② Cut losses at 50U. If lucky, winning three times can roll up to 800U (100→200→400→800). But when in profit, stop! Play a maximum of three rounds, and stop at around 1100U; this stage relies heavily on luck, so don't be greedy!
Step 2: When you have more money, start using combination punches (starting from 1100U)
At this time, divide the money into three parts to play different strategies:
1. Quick in and out type (100U)
Only play 15-minute ups and downs, stable coins like Bitcoin/Ethereum. For example, if you see Bitcoin suddenly surge in the afternoon, immediately follow the rise, make a 3%-5% profit and run, like street vendors, making small profits through high volume.
2. Buddha-style fixed investment type (15U weekly)
Every week, set aside 15U to buy Bitcoin contracts (for example, if it is now 50,000 dollars, you think it can rise to 100,000 in the long term). Treat it like a piggy bank; don’t panic if it drops, wait for half a year or a year; suitable for those who don’t have time to monitor the market.
3. Key trend trades (press all remaining funds)
Seize the big market opportunity and act decisively! For example, if you find that the Federal Reserve is going to cut interest rates, Bitcoin may surge, so open a long position directly. But you must think ahead: how much profit to take (for example, double) and how much loss to accept (maximum 20%). This tactic requires reading news and understanding technical analysis; newbies should not act recklessly!
Important reminder:
① Bet a maximum of 1/10 of your principal each time; do not go all in!
② Each trade must have a stop loss!
③ Play a maximum of 3 trades a day, if restless, go play a game
④ Cash out when you reach your target, don't think about "making another wave"!
Remember: those who rely on this method to turn around are tough—hard on others, even harder on themselves!
How to unwind when trapped during trading?
Unwinding, as a term in the currency circle, refers to selling coins when the price rises back near the buying price to recover funds. Learning to trap is to truly learn to hunt; learning to unwind is to truly understand trading coins.
Here are two methods for unwinding positions, generally divided into two types.
1. Active unwinding strategy
1. Cut losses
If you find that buying was a serious mistake, especially buying at the peak after a previous surge, you must have the determination to sever ties and cut losses in time to protect your funds. There are many opportunities in the currency market; as long as your funds do not suffer a major loss, you will always be able to earn back.
2. Change coins
If your coin is trapped and in a weak position with further downside potential, if you accurately judge that another coin has a large upward potential and a stronger trend, you can decisively switch coins to offset losses from the old coin.
3. Shorting
When it is determined that you are deeply trapped and cannot cut losses, and the future market or a specific coin has further downward space, you can adopt a shorting method, first selling the trapped coins, then buying back at a lower position to effectively reduce costs.
2. Passive unwinding strategy
1. Average down
When the buying price is not high or you are firmly optimistic about the future market, you can choose to average down. However, ordinary investors' funds can usually only withstand one or two rounds of averaging down, so the timing for averaging is crucial.
2. Lying flat
When deeply trapped with full positions, unable to cut losses or add positions, one can only wait passively. As long as it is your own money, not borrowed or loaned, you can wait patiently. Do not act emotionally and blindly add positions or easily cut losses and mess things up.
Summary of practical experience: The "secret weapon" of trading strategies
After so many years of crawling and struggling in the currency circle, I've accumulated some practical trading strategies. The following phrases are crystallizations of personal practical experience.
Entry Section
Testing the waters in the currency circle, preparing to proceed; steadily entering, refusing to rush in.
Consolidation Section
When trading at low levels during consolidation, now is the right time to heavily invest; when trading at high levels during consolidation, decisively sell without hesitation.
Fluctuation Section
Sell high immediately, buy quickly when plunging; observe during consolidation, reduce trading.
Consolidation means replacing declines with horizontal movements; hold tight to your chips, an upward surge may come in the next second; during a rapid upward surge, beware of a sharp drop, always be ready to secure profits; a slow decline is the best time to gradually add to positions.
Timing of Buying and Selling Section
Do not chase highs, do not sell; do not plunge, do not buy; do not trade during consolidation.
Buy on down days, sell on up days; reverse trading can help you stand out.
Buy when there is a significant drop in the morning; sell when there is a significant rise in the morning; do not chase highs in the afternoon; buy on the next day after a significant drop in the afternoon; do not cut losses when there is a significant drop in the morning; if it doesn't rise or fall, take a break; add positions to seek to break even when trapped; excessive greed is to be avoided.
Risk Awareness Section
Calm lake surface raises high waves, there may be big waves ahead; after a big rise, there must be a correction, K-line shows a triangle for many days.
In an uptrend, look for support; in a downtrend, look for resistance.
Full position trading is a big taboo; stubbornness does not work; knowing when to stop in the face of uncertainty, grasping the opportunity to enter and exit.
Trading coins is actually trading mindset; greed and fear are the greatest enemies; be cautious when chasing highs and cutting losses, a calm mind brings comfort.
Besides phrases, I have also compiled several super practical trading methods, which can benefit both novice beginners and experienced players.
Fluctuation trading method
Most market conditions are in a fluctuating pattern, utilizing high selling and low buying within the boxes is the foundation for stable profits. Utilize the BOLL indicator.
Use box theory combined with technical indicators and charts to pinpoint resistance and support. Follow short-term trading principles and avoid greed.
Breakout trading method
After a long period of consolidation, the market will choose a direction; entering after a change in the market can lead to quick profits. However, one must possess precise judgment skills for market changes, maintain a steady mindset, and not be greedy or fearful.
Unilateral trend trading method
When the market breaks through the trading range, it will form a unilateral trend; trading with the trend is key to profit. Enter during pullbacks or rebounds, referencing K-lines, moving averages, BOLL, trend lines, etc., and mastering them can give you an edge.
Resistance and support trading method
When the market encounters key resistance and support levels, it often gets blocked or supported; entering at this time is a common strategy. Use trend lines, moving averages, Bollinger Bands, parabolic indicators, etc., to accurately judge resistance and support levels.
Pullback and rebound trading method
After significant rises and falls, a brief pullback or rebound will occur; seize the opportunity for easy profits. Judging mainly based on K-line patterns, good market feel can help you accurately grasp highs and lows.
Time Period Trading Method
Morning and afternoon trading with small fluctuations is suitable for conservative investors; although the time to profit is long, it is easier to grasp the market; evening and early morning trading with large fluctuations is suitable for aggressive investors; quick profits are possible but the difficulty is high, requiring strict technical and judgment skills.
I hope these experiences and insights can help you. Remember, in the currency circle, the most important thing is to maintain a calm mindset and rigorous operational discipline. May you achieve success in your future investments.
Trading in coins is akin to life; when you understand life, you understand the currency circle. Simplicity is the ultimate sophistication; unity of knowledge and action allows you to navigate freely and remain undefeated!
Welcome to follow A Xin, where you can learn and communicate through real trading, and have a clear direction and strategy for the market. Regardless of the market's style, knowing in advance allows for better mastery!
A Xin only does real trading; the team still has spots available, so hurry to join.
