It has been over ten years since I started trading coins, from liquidation to now achieving financial freedom, supporting my family through trading coins. In 2024, my funds increased by 50 times. If it weren't for two instances where I withdrew funds to buy a house, it should have been 85 times.
Today, I will share my trading strategies and insights with stock market friends. There is a saying: standing on the shoulders of giants can save you ten years of hard work. At the end of the article, I will also talk about the most important aspect of position management.
To those who are destined to see this and want to improve their stock trading skills, definitely read more, study carefully, and consider saving this!
My current life: driving luxury cars, dating girls, living in mansions. I see newcomers in the group talking about which coins to buy and how many times they will multiply, occasionally sharing profit screenshots. Several accounts have assets worth tens of millions, which earns the envy of newcomers in the crypto space and group. When going out, I must stay in high-end hotels costing around 2000 yuan, and my luggage and hat may carry crypto symbols. I am much more comfortable than the older generation doing physical business or the post-80s in e-commerce. I have hardly ever experienced business disputes, and I have fewer worries.
Spending 1 million a year is enough; after four years, the assets will increase by 5-10 times. The more you spend, the more it feels like the protagonist in 'The Richest Man in Xihongshi'. Today in Beijing, tomorrow in Hainan, the day after in Xiamen, and the day after that possibly in Bali. Go wherever you want, fly to concerts instantly. Wherever there are fun new things, if I'm in a good mood, I go play, if not, I play some games, hit some golf, or meet girls to shoot some skits; that's my daily life. Having money is an incredibly happy thing; please forgive my vulgar wording; I can say that once you have money, you will feel like the world belongs to you.
Your inner self will become kind, tolerant, and calm. You will let go of things that you used to care about intensely and will hardly hold onto them.
You will become very humble; you won't really care about what others say. You feel like a different life form, seeing the world, people, and the relationships between people and things completely differently. When you reach this level, nothing seems difficult to understand. The only thing that can cause you pain is illness, nothing else.
You will never feel sad because someone talks about you, nor will you be troubled because your girlfriend wants to argue with you. You will never be upset over emotional issues, nor will you worry about next month's mortgage or your career prospects. I am not promoting materialism; I am just saying that the mindset of wealthy individuals in the crypto space is different from that of wealthy individuals in other fields.
How to grow small funds
Many people have misconceptions about trading, such as thinking that small funds should trade short-term to grow their capital. This is completely misguided, as this mindset seeks to exchange time for space, attempting to get rich overnight. Small funds should engage in medium to long-term trading to grow.
Is one piece of paper thin enough? A piece of paper folded 27 times is 13 kilometers thick, and if folded 10 more times to 37 times, it is thicker than the Earth. If folded 105 times, the entire universe cannot contain it.
If you have 30,000 capital, you should think about how to triple it in one wave, then triple it again in the next wave... this way, you will have four to five hundred thousand. Instead of thinking about making 10% today and 20% tomorrow... this will eventually lead to your downfall.
If you want to treat trading coins as a second source of income and want to get a piece of the crypto pie, and are willing to spend time growing and learning, then don't miss this article. Read through it carefully; each point is the essence of the crypto space. Whether in a bull market or a bear market, these 12 guiding principles for selecting new coins can be helpful!
1. Low Market Cap Preference: The circulating market cap and total market cap should be low, especially for public chains and dapp protocols. Low market cap means more room for growth, avoiding early exits for profit by project parties.
2. High Potential Tracks: The chosen track should have a high ceiling and significant valuation potential. Refer to successful projects, such as public chains like ETH and SOL, and dapps like uni and aave.
3. New Narratives and Value: Preference for projects with new narratives that solve real problems. Long-term value discovery is better than short-term speculation, focusing on hot topics such as AIGPU computing power and secure public chains.
4. The Concealment of Dark Horse Coins: Hundredfold dark horse coins often hide in fields that have not attracted public attention. Avoid coins that are well-known for their high opening or normal valuations.
5. Liquidity Challenges for Early Coins: Early hundredfold coins often have poor liquidity, mostly on small exchanges or on-chain. Overcoming these barriers is a necessary way to discover value.
6. Launch Time and Market Cycle: The best time for a token to launch is at the end of a bull market or the beginning of a bear market, with a launch and wash period of 6-12 months for high circulation.
7. Affordable Price: A low price with many zeros after the decimal point is more attractive to investors, especially in a bull market, where low-priced coins are favored by beginners.
8. Prioritize Public Chains and Leading Protocols: Public chains and leading protocols on public chains have the greatest profit potential due to their long lifecycle and continuous ecological development.
9. Team and Institutional Endorsement: The founder, team background, investment institutions, and amount of financing must be reliable. Involvement of well-known teams and institutions increases the project's credibility.
10. Avoid Value Investment Traps: Do not participate in projects that violate value investment logic, such as deflationary tokens, as these projects often carry extremely high risks.
11. Consider old coins with new narratives: If an old coin has a strong new narrative and aligns with current market hotspots, it is worth considering participation, such as old coins related to AI and the metaverse.
12. Prioritize Leading Projects: In a selected track, prioritize leading projects, as they typically have stronger ecological influence and value potential.
Remember, the above principles are guiding rules for selecting new coins, but investment always carries risks, and each investment decision should be approached with caution. A trading system is a weapon that can help you achieve stable profits.
It can help you mark key positions, discover entry signals, and find trading opportunities that can make you money.
So, back to the point, as long as there is a stable trading system, just act on the opportunities within the system. If you lose, just take revenge; do what you need to do, and leave the rest to the market. In the end, you can always use profits to cover losses.
However, 99% of people's biggest problem is that they do not have their own trading system, so they fear losing money when trading. Because once that money is lost, it cannot be earned back. Even if they get lucky and earn it back, they will eventually lose it all through their own skill.
Still the same saying
Shendan is still making plans every day!
Comment section, type 1
No long-term entry!
