In the crypto world, stable operations make profits not difficult!
In 2024, I traded cryptocurrencies full-time in November, increasing from 2K USD to 2 million USD, witnessing the miracle of compound interest with a thousandfold return. Mastering methods and techniques, I built a profitable system, and financial freedom in the crypto world is within reach.
After more than a decade of trading cryptocurrencies, my insights are as follows:
The first ten million took a year and a half, the reconstruction of the trading system was arduous. After that, the accumulation of ten million profits accelerated, with returns of 30% in three months, 40 days, and five days, creating a snowball effect of wealth, with 70% of profits recorded within six months.
Profiteers are not contract players; contracts are essentially gambling. A few leading trading communities profit, but in reality, it's the old investors cutting the new ones.
Advice for those dreaming of recovering losses in contracts: the market is cruel, hope of recovery is bleak, quit contracts, and stay away from gambling.
What should those who suffer losses in spot trading do?
If losses are controllable and the principal is sufficient, recovering losses is hopeful. The key lies in the timing of buying and selling; getting stuck at high positions makes it even more difficult. It's easy to make money in a bull market, but hard to sell; most retail investors do not understand how to sell and repeatedly get cut at high positions.
Selling is not the endpoint; waiting in cash is the true way. Ninety-five percent of retail investors cannot do this, which is the root of their losses. Selling at high points, unaffected by external interference, and sticking to cash is the true way to profit.
