• In the square of Binance, in the market of following trades, there are many with thousands of percent monthly return, such as:

  • This following trade has achieved 20 times in a week.

  • This 'expert' in the square achieved 500 times in 11 days.

  • As an old trader who has been in this market for 18 years and has experienced various ups and downs, seeing this, I can't even smile anymore.

  • First of all, is such a high return rate over a short period real? I can tell you, it is definitely real! Because in this market, there are always people who can achieve it, and they must be using high-leverage trading. The average volatility in the cryptocurrency market, combined with 100 times leverage, if you trade a small altcoin, you can double your money overnight; 100 times full warehouse means 100 times return.

  • Secondly, can this kind of return be replicated? No! Not only can others not replicate it, but even he himself cannot replicate it. With 100 times leverage on full warehouse, if the price moves against you by 1%, you will be liquidated to zero. You would need a 1% reverse movement to bet on a 100% forward movement; this is akin to the probability of winning the lottery. If you win a 5 million grand prize today, you may not necessarily win another 5 million tomorrow.

  • Additionally, for example, the expert who achieved 500 times in 11 days, based on his numbers, his capital was only 78.3U. With such a fund amount, even if you earn a bit more, the dealer won't care about you. However, if you are fully invested in a direction with 78U, a slight reversal from the dealer can wash you out. For large funds, dealers are very willing to do this.

  • Compared to these 'experts', my 10% monthly return seems too insignificant.

  • That's too low; what problem can it solve?

  • Don't rush. Do you know how much you can earn if you can achieve a 10% return every month after a year?

  • Let’s take 100U as an example: if you earn 10% a month, after one month it will be 110, after two months it will be 121, and after one year it will be 313U, with a return rate of 213%.

  • It may not seem much, but if you can persist like this for 10 years, do you know how much it will become? Your 100U will turn into 8.3522 million U. You read that right, over 8 million. At the current exchange rate, that’s equivalent to 60.97 million RMB.

  • Isn't that exaggerated? It is indeed exaggerated. Who doesn't have 100U? Ten years is not long for young people in the cryptocurrency circle. If you can achieve an income of 60 million in ten years, then the following decades can really be relaxed.

  • So, is it easy to achieve 10% a month? Very easy. In the past half month, with a single trade risk of 0.5%-2%, I've already gained over 10%. So, is it easy to achieve 10% every month? It’s difficult!

  • If you want to have a funding curve like the one above, you need to meet four conditions:

  • 1. Have 100U. I believe this is something anyone can do currently.

  • 2. Make profits in the meantime but do not withdraw (taking some for living expenses after a large profit does not affect much).

  • 3. Have a set of effective trading rules in the market.

  • 4. No matter what situation arises, be able to strictly adhere to the trading rules.

  • Regarding these four points, I believe most people can achieve the first two. Taking out 100U does not affect life, but the third and fourth are very difficult, especially the fourth.

  • The third point: having a set of effective trading rules in the market can still be acquired through learning. I also have such a set of trading rules (Devil Trading System).

  • As for the fourth point, it must rely on your own honing. Having someone to guide you can help you avoid many detours, but ultimately it still depends on your own talent and character, and one is always in the process of honing.

  • For example, I recently started exercising and losing weight again. The purpose, besides shaping my body, is more importantly to hone my willpower and make myself more disciplined because, the fourth point, the strict execution of trading rules relies on the trader's discipline.

  • Let me show you a sample first.

  • If you think 10% a month is too difficult, can you achieve 5% a month? Reducing trading frequency and leverage makes it easier to make money; 5% is not hard.

  • 5% a month leads to nearly 80% a year. For many people, 80% a year is quite easy, as you don't need to watch the market every day. Making three to five trades a month is enough; some people can even make only two or three trades in a quarter. A return of 350 times over 10 years means $100 becomes $35,000. If you increase the principal to $10,000, you could easily achieve financial freedom in 10 years.

  • This kind of return rate has real-life cases. In the A-share market, where you cannot short without leverage, there is a real-life expert who has achieved an annual compound return of 58.5%. He started making stable profits in 2006, with hundreds of thousands in capital, and this year it has already reached a 10-digit figure. Interested parties can follow Dr. Tao.

  • Therefore, to achieve a thousandfold or ten-thousandfold return, the only possible way is this, and to achieve these four conditions, you must meet at least two. The third can be acquired through learning, and the fourth requires guidance from someone; more importantly, it relies on yourself. No one is your savior.

  • Regarding the third condition, friends who pay attention and comment on this article will have the opportunity to receive a textbook for the (Advanced Trading System Training Course) for free.

  • I wish everyone a successful trade.

  • #加密货币总市值重回3万亿 #加密市场反弹