After seven years of trading cryptocurrencies, I turned 500,000 into over 9.6 million at my peak, but I also experienced weeks of going to zero; during that time I felt despondent for half a year. I returned to the cryptocurrency market, opened a new account with 50,000, and have traded it to the present. In fact, the so-called enlightenment in cryptocurrency trading is being able to remain calm regardless of whether the market is good or bad, whether your emotional state or profit curve is stable!
I have used 80% of the methods and techniques in the market, but the most practical one is still bottom fishing! I will share everything today; it will surely help you achieve a path from recovering losses to making profits in the morning.
I have been in the cryptocurrency market for 7 years, achieving a maximum return of 102 times; below are some experiences from my 7 years.
1. Opportunities abound in a bull market, but if you are greedy and want to seize every chance, it will not end well. Although the bull market rises broadly, speculation still centers on sectors. If a coin surges dramatically, it will drive speculation in its sector. Conversely, as long as you catch the rise of one sector, it can be enough to fill your pockets. If you are lucky enough to catch the sector rotation and seize two waves of main upward trends, it can lead to unimaginable wealth.
2. The cryptocurrency market has some basic rules - buy new, don’t buy old. Investors are fond of new things and dislike old ones, so keep up with the latest market trends like AI and the SOL ecosystem during this bull market. - Big trends bring big opportunities. Trends always have cycles, such as A1, early inscriptions, MEME, etc. - Do not use all your margin for contracts, do not open high-leverage contracts. If you really want to play, definitely do not exceed five times leverage, and set strict stop-loss limits! The best way is not to open contracts at all! Otherwise, you are likely to suffer heavy losses! - The cryptocurrency market often follows a four-year cycle, and at the peak of a bull market, you must sell all altcoins; otherwise, when a bear market arrives, altcoins can drop by as much as 90%! - The market plays on expectations; when expectations materialize, the bullish/bearish effects end. - For non-large funds, choosing major exchanges like OK is sufficient. If your amount exceeds 1 million USDT, consider using a cold wallet.
3. Trading strategy suggestions Instead of chasing hot trends, focus on good projects/sectors for higher returns. The market cap of hot projects is generally fully valued, so hot projects often face risks, while non-hot sectors may present high multiplier opportunities. Choose projects that have market recognition but are not widely favored, as key research targets, which offer high potential returns and low risks; it is not recommended to allocate your entire portfolio to one sector; it is best to choose three or four sectors, allocating two coins in each sector: one leading coin to capture beta returns and one low-market-cap, high-potential coin for high returns.
Open positions at the end of a bear market, add positions at the beginning of a bull market, and exit at the end of a bull market. A bear market may last about a year and then enter a consolidation phase; during this time, work or pursue your own career, and don’t let yourself become idle. During a bear market, good trading opportunities won’t be too many, so don’t open positions just because of impatience.
There are actually tricks to trading cryptocurrencies; mastering these simple operations makes it easy to earn big money! Remember these seven secrets, and you'll have a stable advantage:
Stay still during sideways movement; wait until the direction is clear before taking action: When the market trend is unclear, don’t rush to trade; patiently wait until the direction is clear before taking action to secure profits.
Don’t get addicted to hot positions, adjust your positions in time: Don’t hold onto popular positions blindly; when the heat passes and funds withdraw, quickly adjust your positions to avoid being trapped.
Hold steady during price increases: When encountering large bullish candlesticks and increased volume, it indicates that the market is accelerating; at this time, hold onto your coins and wait for greater price increases.
Large bullish candlestick, exit at the close: Regardless of high or low positions, after a large bullish candlestick, there will generally be a pullback. Exit promptly during a limit-up to protect profits.
Observe moving averages for entry and exit: Moving averages, support levels, and resistance levels are key; focus on trends within a few days when trading short-term, and do not procrastinate.
Don’t sell at highs, don’t buy at lows: The rule of the cryptocurrency market is to not sell at high prices and not buy at low prices; be patient and wait for opportunities during sideways trends.
Make small purchases and prepare in advance: Don’t invest all your funds at once; clarify your reasons for buying and risk management measures before taking action to ensure stable profits.
Remember these tips, stabilizing profits is no longer difficult!