As a full-time cryptocurrency trader, I always remember these iron rules of the market, which are worth reviewing 100 times and must be kept in mind!
I have been trading cryptocurrencies for 10 years now. In the first three years, I entered the market with 1 million capital and was left with only 120,000. Relatives and friends all advised me to give up, thinking that my trading method was the most foolish, neglecting family, lacking ambition, and so on!
I have heard the most unkind words! At that time, I really almost gave up and looked down on myself!
But I am not willing to give up, and I promised my husband to give myself one more chance with the last 120,000! Then I continued to focus and explore; later, I earned over 27.5 million with the remaining 120,000 capital in three years!
Do not boast! Once you truly summarize a set of methods that belong to you and strictly follow those methods, you will definitely be able to turn your situation around!
How to quickly roll from 10,000 to 10 million in the cryptocurrency circle?
In the cryptocurrency circle, if you want to turn 10,000 capital into 1,000,000, the only feasible method is rolling positions!
When you save up to 1 million, the feeling of making money will be completely different—just trading spot, a 20% rise can earn you 200,000, which is the annual income of an ordinary person. Moreover, being able to roll small funds up to 1 million means you have already mastered the logic of making money; your mentality will also be more stable. After that, as long as you replicate the successful model, wealth will naturally grow like a snowball.
Don't always think about millions or hundreds of millions; first, be grounded in reality. The key to rolling positions is to wait for certain opportunities to make a strong bet, rather than trading frequently. As long as you successfully roll positions three or four times in life, you can rise from an ordinary person to a millionaire!
The core points of rolling positions.
1. Be patient and wait for big opportunities!
The profits from rolling positions are extremely impressive; as long as you succeed a few times, making tens of millions or even billions is not a dream. Therefore, you cannot mess around; you must wait for high-probability opportunities before you take action.
2. What is a high-certainty opportunity?
And price crashes + sideways fluctuations + trend reversals breaking upwards. Entering at this moment has a very high success rate!
3. Only trade in bullish trends, do not touch bearish markets!
The transaction operation rules of excellent operators in the market circle:
First, buy sideways and buy dips, don't buy vertically; the selling point is right where it is bustling. The cryptocurrency market is like a mysterious sea with waves raging.
The price fluctuations of virtual currencies are like waves surging continuously. In this field full of opportunities and risks, excellent operators know how to navigate.
Skilled operators know that trend judgment must come first. Just as sailing needs a compass to guide direction, keep a close watch on moving averages.
Indicators plus are the key move to insight into the cryptocurrency market trends. Carefully study the subtle changes in each moving average, the strength of bulls and bears.
Understanding the counterbalancing situation can lay a solid foundation for subsequent operations.
Classic trading volume rules.
First, buy sideways and buy dips, don't buy vertically; the selling point is right where it is bustling.
Second, consecutive small rises are real rises; consecutive large rises mean you should exit. Once you accurately capture the trend's signs, choosing the timing for entry becomes crucial. It is like a hunter waiting for the best moment to strike. The operator must lock onto the target like an eagle, keeping a close eye on abnormal changes in volume. The flow of funds in the market is like hidden currents; once volume shows abnormal fluctuations, it often indicates that the market is about to start. However, at this time, do not be anxious; you need to patiently wait for the price to stabilize after a pullback and confirm that this is not a false signal before decisively taking action. You must not be carried away by a temporary uptrend and blindly chase highs, or you may easily fall into the trap of being stuck at high levels.
Second, consecutive small rises are real rises; consecutive large rises mean you should exit!
Third, a sharp drop with no volume is intimidation; a slow drop with volume means to withdraw quickly. Entering the cryptocurrency market, stop-loss and take-profit are like two solid lines of defense for protecting wealth, and they must be set skillfully and accurately. Each time you place an order, you must weigh the risk-reward ratio in your mind beforehand and clarify your acceptable loss threshold; this is the basic principle for survival in the market. At the same time, when faced with profits, you must always remain clear-headed and not let greed blind your eyes. Set reasonable profit targets, take profits when they are good, and do not be greedy to the point of losing what you have gained, lest the cooked duck flies away, turning your profits into bubbles.
Third, a sharp drop with no volume is intimidation; a slow drop with volume means to withdraw quickly.
Fourth, a significant rise must retrace; do not dig deep pits or make big buys. Reasonable planning of operating positions is another essential skill of excellent operators. This is like military operations, where troop allocation is crucial. You must never rashly put all your "troops," meaning funds, into a single market type at once; this all-in approach carries extremely high risks. Once the market reverses, it can lead to heavy losses. Instead, using a strategy of gradual entry and exit is much more sophisticated, allowing for position adjustments according to market changes, reducing risks, and flexibly responding to various unexpected situations, ensuring safety amid the market's stormy waves.
Fourth, a significant rise must retrace; do not dig deep pits or make big buys.
In the cryptocurrency circle, never trade emotionally. When you see the market drop, "you panic and sell quickly; when you see the market rise, you can't help but rush in. This kind of emotional operation often leads to regret. Calm analysis and rational operation are the hard truths; trading cryptocurrencies is not just a contest of technology and strategy, but also a test of the operator's mentality!
If you plan to trade cryptocurrencies long-term but do not understand technology and have not found effective trading tips, you might as well try this super-simple "foolproof" strategy. Even if you are a beginner, you can easily get started, with a success rate of up to 80%. Whether buying or selling coins, just follow the rules.
First, you should choose coins that are rising or at least stable, and directly pass on those that are falling or showing a clear downward trend. Then, divide your money into three parts. When the coin price surpasses the 5-day moving average, carefully buy one-third. When it surpasses the 15-day moving average, buy another third. If it can also surpass the 30-day moving average, buy the remaining one-third. This step must be strictly followed; do not slack off.
Next, if the coin price goes past the 5-day moving average but lacks the strength to continue to the 15-day moving average and instead drops down, as long as it does not break the 5-day moving average, you should hold steady. If it breaks, sell quickly.
Similarly, if the coin price surpasses the 15-day moving average and then lacks the strength to continue, as long as it does not fall below the 15-day moving average, continue to hold. If it breaks, sell one-third first, and if the portion at the 5-day moving average remains stable, keep it. If the coin price goes over the 30-day moving average and then drops, still follow the previous rules and sell if needed.
Conversely, the same applies when selling coins. When the price is high, if it falls below the 5-day moving average, sell one-third first. If it does not continue to drop, hold onto the remaining 60%. But if the 5-day, 15-day, and 30-day moving averages are all broken, then liquidate everything without hesitation.
This foolproof strategy, although simple, is key to following the rules. After buying, the buying and selling rules must be set; only by strictly adhering to the rules can you make money!
In the past few days, I am preparing for the layout of the divine single that is about to start!!!
Comment 168, get on board!!!
Impermanence brings impermanence brings impermanence brings!!!
Important things must be said three times!!!
