卓远日记

8 Years in the Cryptocurrency Market: The Core Principles from 250,000 to Tens of Millions

I transitioned from gold to the cryptocurrency market 8 years ago, starting with a principal of 250,000, which dropped to a minimum of 50,000, and ultimately grew to tens of millions through reinvesting. I once achieved a 400-fold return in 4 months (single wave of 40 million), and now I own 5 properties. Behind this is 3,000 days of practical experience, and the following 10 iron rules are key: achieving unity of knowledge and action is essential for consistent profits:

1. Capital Management: Keep reserve funds, capture major rises once a year, and avoid being fully invested.
2. Enhance Understanding: Engage in real trading with actual money; experiencing pressure is essential to understanding trading.
3. Timely Profit Taking: Withdraw when there’s a price spike the next day after good news to avoid price declines.
4. Holiday Strategy: Reduce positions or refrain from trading before holidays to prevent being controlled by market manipulators.
5. Medium to Long-term Holding: Maintain sufficient liquid funds, sell on rises and buy on dips to lower costs.
6. Choose Quality Cryptocurrencies: For short-term trades, select those with high trading volumes and avoid those with poor liquidity.
7. Understand Market Trends: Gradual declines followed by mild recoveries or sharp declines followed by quick rebounds.
8. Strict Stop Loss: Immediately cut losses if the direction reverses, prioritizing the protection of principal.
9. Use Technical Tools: For short-term trading, observe 15-minute candlestick charts and use tools like KDJ to identify entry points.
10. Focus on a Few Skills: Master several technical analysis methods that suit you.

The cryptocurrency market, like other investments, requires overcoming the barrier of “seven losses, two breakevens, and one profit.” Stick to a trading system and you can walk steadily and earn for a long time. $BTC $ETH

The big direction, Brother Yuan is always online
Zhuoyuan Coin Binance chat room welcomes fans and babies to join $BTC $ETH

I can't hold on, just sold me off $BTC $ETH

The Federal Reserve's decision will be the focus at 2 AM tonight! A 25 basis point rate cut is no longer in doubt; the key is whether Powell will signal an 'accelerated rate cut'. The market generally bets on another 50 basis points cut before December. If he leans hawkish, a stronger dollar may pressure Bitcoin; if dovish, favorable liquidity will help Bitcoin surge, so be sure to manage your positions well. $BTC

The decision to first empty and then fill has perfectly completed Luodai $BTC $ETH

The central bank just spoke out on cryptocurrency regulation yesterday, and today the Solana offline event in Shenzhen was intervened by "relevant departments". Does this mean a shift in the mainland's crypto policy? I don't think so—if the wind really changed, how could the Shanghai Wanxiang Blockchain Week still have many vibrant events? The latest news also confirms that this "tea meeting" was indeed caused by reports from some individuals with ulterior motives. In fact, I had predicted early this year that offline Web3 events would return to pre-pandemic levels, and now this is indeed the case: apart from Beijing, first-tier cities like Shanghai, Hangzhou, Shenzhen, and Chengdu see overseas project roadshows everywhere, with events happening almost every weekend. After all, the major tone set by the private enterprise symposium will not change. As for the central bank's notice yesterday, the core is aimed at RWA and stablecoins, which may affect foreign exchange controls and trigger capital flight in traditional financial sectors, requiring enhanced regulation to avoid being harvested by Western capital. The so-called "crypto circle" has, in my view, a relatively clear regulatory attitude: after several rounds of rectification, whether it's VC coins, meme coins, leveraged contracts, technology development, or pure speculation, those who do not wish to participate will naturally not enter the market, and those with a real intention also find it hard to be completely stopped. As long as the risks are controlled within a reasonable range, the regulatory goals have been achieved; appropriate loosening will also help stabilize and recover the economy, just like now, there are more offline promotional activities targeting the middle-aged and elderly—whether it’s promoting virtual currencies, micro-business products, or health products, the retired population needs to find a spiritual outlet in their leisure time, which is similar to playing mahjong or pushing Pai Gow, mostly as a form of entertainment, and is better than causing other problems. Therefore, I judge that the trend of VC coin-related business regulation returning to pre-pandemic levels will not change, and practitioners can conduct business normally; however, for areas involving the on-chain of traditional financial assets, it is still recommended to watch and wait. $BTC
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Only by getting up and taking action can we open the door to the predicament. Merely standing by and watching will ultimately make us mere bystanders of fate. Standing shoulder to shoulder with reliable people and focusing on the right direction will make each step more efficient, allowing us to reach the destination easily. $BTC $ETH

ZEC faces a crucial battle tonight! With the Fed's rate cut imminent, will it head towards 331 or break through 300? A retail investor's guide

ZEC is currently stuck at 318, with the 1-hour candlestick chart showing a downward trend. The key level of 331 has become a significant pressure point. Even ETH has already fallen below this crucial level, leaving ZEC vulnerable. At 2:00 AM tonight, the probability of a Fed rate cut is as high as 99.4%, but the market has already anticipated this. The real key lies in Powell's speech at 2:30 AM. If he signals another rate cut in December, ZEC could rebound and hit 331. If his stance is ambiguous, a market crash could ensue.

From a technical perspective, 331 is ZEC's lifeline. Bears currently hold the upper hand, but the MACD yellow and white lines have formed a golden cross below the 0 axis, effectively applying the brakes on the downtrend and signaling a short-term rebound. Upward resistance levels are concentrated at 362 and 380, while downward support is expected at 300 and 272. If 331 remains unbreakable, the market is likely to decline towards the 300 support level, or even the 272 bottom.

In reality, the interest rate cut is merely a catalyst; ZEC's inherent trend is the core. Combined with the MACD golden cross signal, it is likely to rebound and test 331 today. If it fails to break through, bears are likely to re-energize.

For retail investors, avoiding "leeks being cut" requires only two steps:

1. Open positions in batches and set strict stop-loss orders: At the current price of 318, you can try with a light position. If it breaks through 331, then chase the rise, aiming for 362. If it falls below 300, reduce your position immediately and wait for support at 272.
2. Monitor the MACD golden cross closely: If a golden cross is established, go long in the short term; if the golden cross signal fails, exit decisively.

Remember, never go all-in when the trend is unclear. Proper position management is the key to preserving your principal. #美联储降息预期

It was only after seeing the photo of JJ and Vitalik last September that I learned about web3$BTC $ETH

10.29 Morning Operation Strategy

Yesterday, the price peaked at 116074 before starting a pullback, continuing its downward trend during the early hours, reaching a low of around 112121. This decline was mainly driven by geopolitical tensions, leveraged trading liquidations, and macroeconomic weakness. Although the overall market resilience has strengthened compared to the past, and institutional investor demand has significantly increased, the magnitude of this decline is considerable and has broken through a key oscillation range, indicating a clear bearish trend in the short term, which is expected to continue. Wait for a low long position and take good precautions, do not hold against the trend.

Long near 111800-111300 on Bitcoin, target
112800-114500

Long near 3920-3880 on Ether, target 4000-4100$BTC $ETH

After being dormant for a long time, Brother James finally makes his return. The BTC1148 short order is placed, 1156 is the stop-loss line. Let this wave of market tonight serve as the opening for Brother's comeback! $BTC

Once you take action, it’s a king bomb, strength is right here! When will the multi-layered layout from this morning be effective? This return rate is simply eye-catching! $BTC $ETH

The SOL four-hour level has not yet broken the upward channel and is currently hovering around the support line. It is still possible to buy low around here.

Buy near 196-193, targeting 205-215$SOL .

The "god-level giant whale" that the whole network is closely watching has sent a clear signal again! Today, not only did it increase its holdings by 41.68 BTC (approximately 4.77 million USD), but it also directly canceled all pending orders—this is not a short-term swing, but a declaration of completely locking in positions and holding long!

Its holdings can be described as the "bull market trump card": 2083.84 BTC long positions (worth 237 million USD), with an opening average price of 112,000 USD, which is precisely the strategic layout at the critical node of BTC breaking 100,000; 47,000 ETH long positions (worth 196 million USD), with an opening price of only 3965 USD, almost zero-cost holdings, waiting for an explosion.

What’s even more terrifying is that since October 14, every contract operation has been profitable, and a 100% win rate is not luck, but precise control of market turning points. Now the locking action is clear: don’t be misled by short-term corrections, the real bull market has just begun, and if you are still waiting for "lower points," you should recognize this wave of capital signals! $BTC $ETH

10.28 Morning Operation Strategy

This week is a significant policy week, with the Federal Reserve's interest rate cut and whether Japan will cut rates also being discussed these days, along with Europe. Pressure has already appeared from above. Overall, the four-hour level maintains an upward pattern, with the Bollinger Bands diverging upwards confirming a bullish trend. The current pullback has not broken the upward channel. Although there is short-term pressure at the hourly level, support from below is solid, and the rising lows indicate that the pullback space is limited. Still focusing on low longs, with good defenses and avoiding counter-trades.

Long near 113200-112700, aiming for 114800-116500

Long near 4080-4070, aiming for 4250-4380$BTC $ETH

Be well-defended, let's look at the target positions for the evening strategy $BTC $ETH

Take profit has been reached, that's it for today $BTC $ETH

Once you have identified the trend, you must decisively enter the market, rather than hesitating and missing wave after wave of opportunities.

Having a stop-loss is nothing to fear; even if it gets triggered, you can find opportunities to position again in the next wave. $BTC $ETH

The three major U.S. stock indices opened high

According to Jinshi Data on October 27, the U.S. stock market opened with the Dow up 0.6%, the S&P 500 index up 0.9%, and the Nasdaq up 1.4%. Most technology stocks rose, with NVIDIA (NVDA.O) up 2%, AMD (AMD.O) up 1.3%, and Micron Technology (MU.O) up 2%. Precious metal miners fell, with Newmont Mining (NEM.N) down 5% and Barrick Gold (B.N) down 3%. The Nasdaq China Golden Dragon Index rose 1.7%. $BTC $ETH

This is simply a masterpiece without any pretense, this is Zhuoyuan $BTC $ETH