I am currently in the process of learning how to trade small-cap coins and operating on my own. Of course, I'm still in a phase where I lose more than I win. Indeed, there is no simulated trading for small-cap coins; you can only pay some tuition. My strategy for the secondary market is to gradually accumulate positions in larger coins. I know I won't be able to buy at the lowest point, so my understanding is to accumulate in batches. When the price drops to a certain value, I will buy in a portion. For example, every time Bitcoin drops by 5000, I will buy some positions, and so on. I started with 100k and have accumulated down to 75k.
Yesterday I watched what Long Wang said: I still don't understand what non-farm payrolls or CPI are. Enter when liquidity is good, exit when liquidity is poor, and buy on the dip during extreme panic. I agree with Teacher Long Wang's viewpoint; I really don’t understand a lot of this specialized economic knowledge, and I won't analyze all the various factors or talk a lot of theory. I can only say one thing: it feels like a good time to buy.
Others might mention various professional economic terms like double tops, bear wedge patterns, or box oscillation markets, summarizing them as a phase of accelerated decline. But I just say it feels like it's going to drop, feels like it's at the bottom, feels like it's going to rise. My buying and selling rely entirely on feeling; this feeling is indeed quite marvelous.
Although I have no intersection with Liangxi, from a trading perspective, he is indeed a genius. But does a genius have all that knowledge in economics? According to him, he spends most of his time watching the market, making at least 1454 trades per week, averaging 8.65 trades per hour. No amount of theoretical knowledge can compare to actually trading contracts on exchanges. With a simulated account, once you can achieve sufficient trading frequency and win rate, you'll develop a feel for it; this is something that comes from practice, but it's definitely not just random guessing.
Unity of knowledge and action; these two are definitely not equal. In my understanding, action should weigh more heavily, but that does not mean knowledge is unimportant. True knowledge comes from practice, especially in the crypto space. Just like what Teacher Mike said in the first episode of Dog Brother's unprotected crypto circle, if you want to enter a field, spend a month reviewing all the materials related to that field. This is essentially a process of acquiring knowledge. Then, spend some time practicing to turn what you've learned into practical experience; this is how you can achieve some gains.
Yesterday I really wanted to buy a large position at the bottom, asked a few teachers, and they all advised caution, saying be careful not to keep averaging down. Indeed, my strategy is not to go all in at once. I personally prefer a more conservative secondary investment strategy, so I did not buy at the bottom and still adhered to my previous consistent view. If the price drops to a certain level, I will buy a certain position, but I will ensure that I keep some liquidity (USDT) on hand to prevent various possible situations.
The project I am currently involved in is accumulating Bitcoin. I'm not afraid of spot trading; I really am not. I can hold for five or ten years, and I firmly believe it will break through. It's not a scam coin; I rarely accumulate scam coins. The only one I'm currently playing with is $parti. I must say that $parti has been quite strong these past few days, not falling further. I thought it would drop to 0.15, but thankfully it stabilized around 0.17. However, I still don't dare to boast unless it breaks 0.4, then I might say a little. I will only boast big at 5.
When I have confidence in a project, I will hold it for a long time. I don't really know why I have confidence in this project; it’s just a feeling that it will be impressive. I have always invested with funds that I can hold onto, so unless faced with natural disasters or personal misfortunes, I shouldn't need to use this money. I'm holding it quite securely and have increased my position from 0.35 all the way down to 0.16, bringing my average cost down to around 0.23. Indeed, many people want to buy into a project and immediately become rich tenfold or a hundredfold, but after so long in the crypto space, I ultimately understand that slow is fast. Many people's losses are not due to operation and understanding losses, but rather from wanting to make quick money. Ninety-nine percent of people in the crypto space cannot outperform the gains from simply holding Bitcoin and waiting for it to rise.
You can learn and seek advice from anyone, but please stick to your initial ideas. This is called the master leads you to the door, but the cultivation is up to the individual. Methodologies must be learned, and practice must be put into action. Only by combining theory and practice can you achieve the results that belong to you.
