Looking back on my 9 years in the crypto world, from 8,000 to over 53 million, experiencing ups and downs.
[Dare to explore and try, and there will be opportunities.] 1. In March 2016, my parents lost a lot of money in business and were pursued by creditors. I was afraid to go home and could only hide in the school library reading books. At that time, I had only one thought in my mind: I must earn a lot of money to repay the debt and regain my parents' lost dignity.
Carrying that sense of financial scarcity, I flipped through many books until I saw on the back of a book by an economics author his blog. After following it, I read an article about Bitcoin. I still remember the title: 'This thing will definitely change the world.'
Sharing several high win-rate contract trading strategies! (Includes rebate benefits)
1. [Trend Following High-Frequency Method] When trading contracts, the first thing to abandon is to label yourself as a bear or a bull. Just be flexible, go with the wind. Thus, among 10 traders, 9 are trend followers. Making money from trends doesn't necessarily mean holding onto positions; rolling your positions with the trend is also a way to make big money. Using examples from Coin Sister's operations: For example, the #wct from the day before yesterday was inexplicably pulled up against the trend after being used for content mining. Some people go against the trend to short, which often leads to liquidation. Conversely, after a correction starts to go down, you should wait for a rebound to short.
Let me explain, if a new project has a chip unlocking circulation rate exceeding 10% on the first day of its launch, it is definitely a certain short-selling opportunity, especially when these chips are significantly allocated to angel investors, communities, and teams. The logic is simple: if a project party has confidence in its project, there is no reason to maintain such a high liquidity on the first day. The cost of participating in such new projects is the highest, and the risk is also the greatest. #加密市场回调
#zec ZEC short funding rate is not low, after a drop, it broke through again, and the contract for the USDC trading pair is now online. Most USDC contracts are basically delisted, which means that the trading volume of people trading this coin is currently huge. In the overall declining market, ZEC is a coin that is pulling against the trend. Both long and short positions may be correct. The pattern is definitely overbought, but I have a feeling that the probability of being liquidated on shorts is very high. After breaking a new high, many shorts are likely to be stopped out.
Looking back at what an investment veteran said, it was too accurate.
He said: If a person is deeply trapped, no one can save him until he has suffered enough losses and decides to cut his losses, he will go pay off his debts, and after about five or six years, he can basically pay it off.
Ultimately, he can return to a normal state of mind, and maybe he can live a normal life in the second half of his life.
Never be kind-hearted and try to pull him out, to help him get out of the trap.
If you really do this, it will lead to a terrible outcome for him. If he gets lucky once, he will become even more inflated. Once he recoups his losses, he will definitely not stop, but rather may escalate it, and in the end, lose to the point of dragging his family down.
Everyone has their own fate; the calamity that heaven has given him is the smallest. If you worry too much, in the end, you might make heaven angry, and it may strike him and involve you as well.
Recently, in that TV drama "The Maze of Shadows," that policeman's son is like this; he helped the daughter of the baozi shop escape and ended up getting caught himself.
You are always the first responsible person for your own decisions.
Having been in the cryptocurrency space until now, I realize that I enjoy the chaotic state of others, the chaos of excessive rises, and the panic of excessive falls because only at such moments do I have the opportunity to stand out and achieve significant results.
Attention: The recent plunge in Bitcoin has two main reasons and contains a crucial turning point!
(Trading strategies for the future)
Attention: The recent plunge in Bitcoin has two main reasons and contains a crucial turning point! (Includes future trading strategies) 1. Miaowadi was hit, and a large amount of Bitcoin was seized. I believe everyone has seen recently that the terrifying KK Park has been blown up, and the boss She Zhijiang has been arrested, involved in 22.7 trillion.
It should be noted that the money collected is basically kept in Bitcoin and other cryptocurrencies.
This action is understood by everyone; a large batch of Bitcoin is about to return from individual retail investors back to the hands of the regular army leaders.
If there is a major crash, and Bitcoin falls below 50,000, I hope that family and friends around me will at least hold one Bitcoin, as it is one of the most exciting parts of this era. Just holding it is enough.
It is said that this year's wealth effect in the cryptocurrency market cannot outperform the A-shares 😂 Making profits from contracts a few times, one wave takes it all, altcoins die one by one, the biggest scam of the century,
Making profits from trading a few times, one pullback gets you trapped, Rushing into shitcoins goes up only to fall to zero, investing in new coins gets you trapped while going up, not hedging leads to losses when the price drops, short-term trading cannot outperform AI quant trading...
In short, no matter what, if you can make money in your job or business, do not expect to rely on investments, and absolutely do not borrow on leverage to buy cryptocurrencies; this is already a hard rule.
On this basis, as long as you still want to make money in the cryptocurrency market, only a crash will give you a chance.
The market has given the opportunity to return near the cost of institutional holdings, Ethereum is over 2000, Bitcoin is over 80,000, within the bottom range of daily and weekly charts, there is no reason to panic in this range anymore,
If you want to run, then run; how many people ran when it was at 70,000? Now Bitcoin is still at 90,000. If you think you are stubborn about escaping the peak,
Otherwise, just let it drop; only bloodshed gives an opportunity. Don't wait until the end of the year when it recovers, then look back and rush in again; that would be meaningless.
If this round goes directly into a bear market, Ethereum will go to around 2000, Bitcoin can reach 60,000 to 70,000. After getting in, just don't do anything; that's enough.
Incredible, right?! The emotional index dropped to a low of 9 yesterday and has recovered to 15 today. This large pancake is still over 90,000, and the panic index has reached a historically low range! #情绪指数
【Investment notes, progress with talent】 Since 2016, when I started learning investment, almost every day, every operation, I have to meticulously record it without fail. I have been handwriting it for a long time, and I can't clearly remember how many books I have written. Blindly following, reviewing, reflecting, looking for patterns, validating rules, and then breaking rules, reconstructing new rules... it has always been so monotonously repetitive to do these things. But the truth is that without records, there is no progress. Some mistakes were made, and I forgot them, but I will still make the same mistakes next time. Looking back, I want to slap myself a few times to remember, that kind of feeling. There's no way around it, seeking inward, training with intention, repeating until there is muscle memory; learning anything is a necessary road to go through.
Big drop! Didn't escape the peak, what should we do next?
1. Let it break and continue holding. It's never too late to mend. The more it drops, if you have some money, just buy Bitcoin, BNB, OKB, and ignore the others. Anyway, this thing won't go to zero; just treat it as saving money. There's no need to rush into leverage; you don't have that AI quantitative ability.
Just honestly hold onto the coins. Your money hasn't decreased, and you can outpace inflation, which is quite impressive. Hold onto things you understand, sleep well, and live your own little life!
2. For the parts with open positions, continue to look for certain moments during the decline to train your trading skills. Delivering food to save capital is also fine. If you can make money through trading, it essentially has nothing to do with bull or bear markets.
There are opportunities in bear markets. In short, just do the trading you're good at and understand. Whether that previous high point is a peak or not is hindsight; who knows? If you didn't sell, it means the trading strategy at that time didn't trigger.
3. Continue to reduce some positions during the rebound to maintain a good mental state and get through potentially worse situations. A cash position is necessary. If you have a cash position, you can weather the worst situations, and everyone manages to endure the worst. All global assets are falling, not just in the crypto circle.
Follow Coin Sister, always have a winter mindset, and live forever in spring!