You only need three tenfold investments to earn 10 million.
First, a basic theorem: In a person's lifetime, it only takes three consecutive tenfold coins to achieve financial freedom.
Step one, prepare $10,000.
10000-100000
100000-1000000
1000000-10000000
Break down 10 million into three tenfold investments, and look for corresponding opportunities in each of the tenfold increases. Repeat profitable operations 100 times in each tenfold; managing 10 million becomes feasible.
Of course, this method is also applicable for earning 1 million or even 100 million; the underlying methodology is the same.
So your next task is to find three tenfold coins.
How to avoid losing money in the crypto market? Start by understanding these four major rules of Bitcoin!
First, Bitcoin's bull and bear cycles rotate every four years. The bull market lasts for a year and a half, while the bear market lasts for three years. The previous bull markets were in 2012-2013, 2016-2017, and 2020-2021, with the next widely acknowledged bull market expected in 2024-2025.
Second, Bitcoin's halving trend will only lead to a bull market starting within the next six months; this is the true halving trend, which might begin in late June.
Third, the lowest point in a bear market. After a bull market, Bitcoin can drop by 70%-90%. Typically, we start accumulating coins after a 70% drop. If there are two bottom-testing occurrences, be bold in buying. Currently, the bear market bottom in 2023 is around $15,400, and the bottom test in May 2024 might be around $53,000.
Fourth, how much will it rise in 2025? Many predict that Bitcoin will likely exceed $200,000 by 2025, around the second or third quarter. If you ask at what price to sell, my personal suggestion is to start selling gradually at $120,000; the higher it goes, the more you sell. This is a responsible approach; conservatively, I recommend $120,000. Never aim to sell at the highest price!
In the crypto world, achieving financial freedom and class mobility can be summed up in 10 trading tips. Understand one, and you can stabilize your profits; it's worth repeating to learn.
1. Two-way Trading: Suitable for bull and bear markets. Two-way trading is currently the most common trading method on the Giant Stone Wealth GGtrade platform. It allows for investment based on market trends, enabling both buying up and short selling. As the year-end approaches, GGtrade has also launched a series of promotional benefits, such as a 20% increase in investment returns, which is a significant bonus for investors.
2. Holding Method: Suitable for bull and bear markets. The holding method is the simplest and also the most difficult strategy. It is the simplest because it involves buying a particular coin or several coins and holding them for over six months or a year without any trades. Generally, the minimum return is tenfold. However, beginners often find it hard to resist the temptation of high returns or panic when the coin's price drops significantly, leading them to want to sell or switch. Many people struggle to hold for even a month, let alone a year. So, this is actually quite difficult.
3. Bull Market Dip Buying Method: Only suitable for bull markets. Use a portion of idle cash, preferably no more than one-fifth of your capital. This strategy is suitable for coins with a market value between 20 and 100, as it minimizes the risk of being stuck for too long. For instance, if you buy a first altcoin, wait for it to increase by 50% or more before switching to the next coin that has dropped sharply. If the first altcoin gets stuck, just continue to wait; the bull market will surely resolve it. The premise is that the coin shouldn't be too risky; this strategy can be hard to control, and novices need to be cautious.
4. Hourglass Trading Method: Suitable for bull markets. In a bull market, buying almost any coin will yield profits. Capital acts like a giant hourglass, slowly pouring into every coin, starting with major coins. There's an apparent pattern in price increases: leading coins like BTC, ETH, DASH, and ETC rise first, followed by mainstream coins like LTC, XMR, EOS, NEO, QTUM, etc. Then, lesser-known coins also experience price increases. If Bitcoin rises, look for the next level of coins that haven't increased in price yet, and start accumulating.
5. Pyramid Bottom Buying Method: Suitable for anticipated significant dips. Bottom buying method: place buy orders at 80% of the coin's price for one-tenth of the position, 70% for one-fifth, 60% for three-tenths, and 50% for four-tenths.
6. Moving Average Method: Understand some basic candlestick patterns. Set indicator parameters to MA5, MA10, MA20, MA30, MA60, and select a daily line. If the current price is above MA5 and MA10, hold firmly. If MA5 drops below MA10, sell the coin; if MA5 rises above MA10, buy and accumulate.
7. Aggressive Holding Method: Only for coins you are familiar with, suitable for long-term quality coins. If you have a certain amount of liquid capital, and a coin is currently priced at $8, place a buy order at $7. Once the purchase is successful, place a sell order at $8.8. The profit goes into holding more coins. Withdraw the liquid capital and wait for the next opportunity. Adjust dynamically based on the current price. If there are three such opportunities in a month, you can accumulate quite a few coins. The formula is: purchase price equals current price multiplied by 90%, and selling price equals current price multiplied by 110%!
8. ICO Aggressive Compound Interest Method: Continuously participate in ICOs. Once a new coin's price increases by 3-5 times, take back the principal and invest in the next ICO, while the profits continue to be retained, creating a cycle.
9. Cyclical Band Method: Find coins similar to ETC that are on a downward trend and keep adding to your position as the price drops. When it rises, continue to sell for profit, and keep 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. Once bought, don't meddle. Don't sell until it triples or quintuples; if stuck, don’t sell, just hold for the long term. If a coin triples, take out the principal of 1,000 RMB and invest in the next small coin. The compound interest returns can be significant!
If you currently feel helpless and confused about trading, and want to learn more about the cryptocurrency world and cutting-edge information, follow me; this bull market won't lead you astray!
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