The short position for this coin has almost died out, the market makers have almost wiped out the shorts. Next, there will be a large amount of unlocked spot supply hitting the market every day, just go short 跟这个单赚麻了
When I first entered the cryptocurrency space, I also thought contracts were just gambling!!!
Until I survived with a 10% position rule and even made my first pot of gold.
Today, I will reveal my practical insights, especially the third point, which 90% of people get wrong!
1. Survive first, then talk about making money What is the biggest fear in cryptocurrency contracts? Liquidation! My iron rule: always divide total funds into 10 parts, for example, use 1000U to open a position with 1WU. Even if it gets liquidated, it's only a 10% cost; as long as the mindset doesn't collapse, there is still a chance to turn around.
2. Increase position when profitable, cut losses when losing The truth about why most people lose money: they run when they make a profit and stubbornly hold on when they lose!
My system is the opposite: When profitable: only increase position when floating profit exceeds 20%, never touch the principal. When losing: immediately stop loss at -5%, never average down!
(The market makers love to kill “average down” retail investors…) 3. Beware of the “meme coins” trap 90% of the coins in the cryptocurrency space have no value, relying entirely on market makers to pump and dump retail investors. My selection criteria: Only trade mainstream contracts, never be fooled by altcoins promising “get rich overnight”;
If a coin suddenly surges more than 50%, I’d rather miss out than chase high!
Why do I dare to increase my position during a crash?
Actually, there is a counterintuitive indicator that allows me to profit during a major crash.
Can directly buy and sell with oil: Gold, crude oil, bulk commodities, spot, mining, stocks, foreign exchange, oil, land, bonds, etc.! New track of digital asset...
Opening up these channels is not something that just money can achieve; there must be strong political background relations and strength!
Project Party: American Lin Group (D3X Decentralized Parent Company, Series A raised $10 million from 3 major capital investments) Strong political background relations, professional global operations president SKy on stage 🚉
Welcome all major communities, cooperation and win-win [Handshake][Handshake] #你看好哪一个山寨币ETF将通过?
Balance 2069.36U, too few orders today, I also want high frequency, but the volatility does not allow it, I chose three relatively high transaction volume Shanzhai QTUM, ARC, CAKE, all lifeless and no volatility
I stared for a long time and couldn't find a desired entry point😓