I have been trading cryptocurrencies for ten years, with a net worth of 150 million, of which about 130 million was earned through 'trading cryptocurrencies'. In the first half of 2024, I made about 15 million. My capital multiplied by 50 times, and if it weren't for withdrawing funds twice to buy property, it could have been 85 times. I withdraw 100,000 every month from the crypto market, feeling no impact on my life, living leisurely and freely, without deceit or intrigue, living the life I desire.
How I make money:
You only need three 10x opportunities to earn 10 million. Here’s a basic theorem: in a lifetime, one only needs to consecutively gamble on three ten-fold coins to achieve financial freedom.
The first step is to prepare 10,000 yuan.
10,000 - 100,000
100,000 - 1,000,000
1,000,000 - 10,000,000
Break down 10 million into three 10x opportunities, look for corresponding opportunities within each of the three 10x, and repeat profitable operations 100 times within each 10x; with this, 10 million can basically be achieved. Of course, this method is also applicable to making 1 million or even 100 million; the underlying methodology is the same. So your next task is to find three 10x coins.
In the cryptocurrency market, achieving financial freedom and class transition, I have summarized 10 trading tips. Understand one, and you can also stabilize your profits.
Repeated learning:
1. Two-way trading: Suitable for bull and bear markets. Two-way trading is currently the most common trading method used by Giant Stone Wealth GGtrade. It can operate and invest based on the trends in the cryptocurrency market, allowing for both buying and shorting. As we approach the end of the year, Giant Stone Wealth GGtrade has also introduced a series of benefits, such as a 20% increase in investment returns, which is a significant blessing for investors.
2. Coin hoarding method: Suitable for bull and bear markets. The hoarding method is the simplest yet most challenging strategy. It is simple because it involves buying a certain coin or a few coins and holding them for more than six months to a year without trading. Generally, the minimum return is tenfold. However, beginners often see high returns or encounter significant price drops, then plan to switch or exit, making it difficult for many to stick without trading for a month, let alone a year. Therefore, this is actually quite challenging.
3. Bull market dip chasing: Only suitable for bull markets. Use a portion of idle funds, preferably no more than one-fifth of your total funds. This strategy is suitable for coins with a market value between 20-100, as it will not be locked for too long. For example, if you buy the first altcoin and it rises by 50% or more, you can switch to the next coin that has dropped sharply, and keep cycling. If your first altcoin becomes locked, continue to wait; the bull market will surely recover. The key is that the coin cannot be too risky, and this strategy requires cautious management for beginners.
4. Hourglass switching method: Suitable for bull markets. In a bull market, basically any coin you buy will rise. The funds are like a giant hourglass, slowly seeping into each coin, starting from large coins. There is a clear pattern of price increases: leading coins rise first, such as BTC, ETH, DASH, and ETC, then mainstream coins start rising, like LTC, XMR, EOS, NEO, QTUM, etc. Finally, various small coins rise in succession. If Bitcoin rises, pick the next level of coins that haven't risen yet to start building positions.
5. Pyramid bottom-fishing method: Suitable for predicting major crashes. The bottom-fishing method involves placing orders at 80% of the coin price to buy one-tenth of your position, at 70% to buy two-tenths, at 60% to buy three-tenths, and at 50% to buy four-tenths.
6. Moving average method: You need to understand the basics of candlestick charts. Set indicator parameters to MA5, MA10, MA20, MA30, MA60, and select daily line level. If the current price is above MA5 and MA10, hold firmly. If MA5 falls below MA10, sell the coin; if MA5 rises above MA10, buy to build positions.
7. Aggressive hoarding method: Only suitable for long-term quality coins you are familiar with. If you have liquid funds and a coin is priced at 8 dollars, place an order to buy at 7 dollars. Once the purchase is executed, place an order to sell at 8.8 dollars. Use the profits to hoard coins. Withdraw liquid funds and wait for the next opportunity. Adjust dynamically based on current prices. If there are three such opportunities in a month, you can hoard quite a few coins. The formula is: entry price equals current price multiplied by 90%, sell price equals current price multiplied by 110%.
8. ICO aggressive compound interest method: Continuously participate in ICOs, and once new coins rise by 3-5 times, withdraw the principal and invest in the next ICO, keeping the profits and continually cycling.
9. Cyclical band trading: Find coins like ETC, aggressively increasing positions when the price is continually dropping, and once profitable, sell off, continually cycling.
10. Small coin aggressive strategy: If you have 10,000 RMB, divide it into ten parts and buy ten different types of small coins, preferably priced under 3 RMB. After buying, do not monitor them. Do not sell until they triple to five times; if they become locked, do not sell, just hold for the long term. If a particular coin triples, withdraw the principal of 1,000 RMB and invest in the next small coin. The compound returns can be astonishing! Playing in the cryptocurrency market is essentially a battle between retail investors and large players.
The method I have personally tested achieved a result of 10 million with an initial investment of 500,000.
Learn to read RSI in 5 minutes, accurately determine buying and selling points! The win rate reaches 99%, suitable for everyone!
I am a full-time bitcoin trader, with assets in the tens of millions. I withdraw 100,000 every month from the crypto market, feeling no impact on my life, living leisurely and freely, without deceit or intrigue, living the life I desire.
In trading cryptocurrencies, using RSI to determine tops and bottoms has always been my first choice. By using this method, I turned 500,000 into 10 million in a year. If you also like doubling coins and want to get involved in the main uptrend, you must read this article carefully!
Once you master it, it can become your market advantage, allowing you to flexibly customize different response methods and trading plans in various market conditions, without struggling anymore.
Lastly, I share the secret weapon of small players in contracts: a unique strategy for navigating the cryptocurrency market.
1. Maintaining patience is key to trading.
The variety of contract products in exchanges often has two-way trading characteristics. The market may remain calm for a long time, but when it changes, it can catch people off guard. Tops and bottoms can switch rapidly. Therefore, we need to learn to patiently observe, wait for the trend to clarify, and seek assured trading opportunities. Avoid rushing to place orders; the real opportunity comes from waiting.
2. Stay calm and do not be greedy.
Don’t always think about buying at the lowest point and selling at the highest point; this mindset can easily trap you. Also, don’t rush to act due to minor fluctuations; avoid blindly rushing into the market. To become a master in contract trading, you need to learn to endure the loneliness of being in cash and control yourself.
3. When investing, we cannot rely solely on personal subjective assumptions.
Predictions such as 'it’s about to rise', 'it might drop', or 'tomorrow will definitely surge/drop' are not the way to go. Instead, we need a certain level of certainty and act steadily. If uncertain, do not enter easily; once you decide to enter, ensure there is a significant opportunity for profit. After reaching the target price, take profits promptly to protect the gains achieved. To survive in the contract market, we must recognize the market's correctness; following market trends is a crucial principle. We should remain stable and adapt to market changes; once the situation changes, we must act decisively. When placing orders, our mindset should be 'profits are the norm, losses are the exception.' As long as we can make money, there is no need to pursue full profits; even earning a little every day will accumulate into considerable wealth over time. Act according to the trading plan, not impulsively.
4. Timely stop-loss and take-profit.
Correcting mistakes promptly is also a way to prevent future risks. Waiting for the right moment to place an order is undoubtedly important, but waiting to recover from a misjudgment will only increase losses and may lead to an irretrievable situation. Only with the courage to cut losses decisively can one survive in the market, reflecting on the decision-making process of placing orders, identifying shortcomings, and avoiding repeating mistakes. As a wise contract investor or trader, stop-loss is a crucial skill in various markets. Stop-loss is not just about preventing losses; when the market presents good opportunities, having the courage to invest heavily is also key to success. Hesitation will only lead to missed opportunities. At the same time, taking profits is equally important, as it helps lock in gains and control risks. However, this requires a deep understanding of the market and a solid foundation; blind operations are inadvisable.
In the rapidly changing trading market, timely understanding of market dynamics is crucial. Knowing how to buy makes one a novice; knowing how to sell makes one a master, which is a market rule. Whether in profit or loss, strive to minimize losses and maximize profits. If you cannot achieve this, even if you navigate the cryptocurrency market skillfully, long-term success will be difficult to attain.
Finally, during trading, it is essential to have clear logic and a good mindset. This not only increases the accuracy of trades but also helps you remain calm in the face of market fluctuations, enabling wiser decision-making.
In the past few days, I have been preparing for the launch of a significant order!!!
Comment 33, get in!!!
Impermanence brings impermanence!!!
Important things are worth repeating three times!!!