How to Easily Earn 1 Million in the Cryptocurrency World?
The Secrets to Earning 1 Million in the Cryptocurrency World Easily!!!!
As a 7-year veteran in the market, here are 6 secrets from an experienced investor!!!
Step 1: Never think about making money. As long as you can fully execute your trading system, trading plan, and trading principles, regardless of the style, if you can do it, you are already number one, defeating the vast majority of people in the market.
Step 2: Losing money in the cryptocurrency world has multiple reasons. Bull markets frequently switch between long and short positions, playing with high leverage, buying options recklessly, living on the edge. If you make money, you must cash out, because you never know when the initial 519 will come back.
Step 3: Eliminate frequent trading. When you earn money, learn to withdraw a portion. Once you've run away, never reinvest. Cherish the bull market that heaven has sent you. Most people do not earn money through their own ability, but merely become passively wealthy during this Kondratiev wave cycle.
Step 4: The first principle of buying the dip in a bull market is to buy heavily during major drops and buy lightly during minor dips. However, you must control your position well. No matter how deep this pullback goes, do not let a single position become too heavy; give yourself some margin for error.
Step 5: "Invest in the new, not the old". New assets are the biggest opportunity in a bull market. As long as you catch the wave, wealth gains will follow naturally. So as long as the direction is correct, even if you invest a small amount and sell early, it can still be very profitable.
Step 6: The "leader" effect. Get into the habit of buying "leader" projects in this sector, thereby developing the habit of buying leaders.
Many people miss out on the "leaders" and turn to buy so-called "second leaders, third leaders", which carries risks of pitfalls. Generally, true "leader" projects have a very high ceiling, so what you think you missed may only be halfway up the mountain.