What is the secret to making big money in cryptocurrency trading?
The cryptocurrency market is highly volatile; some become rich overnight, while many lose everything. To make big money in trading, one must understand the following core logic and practical strategies:
1. Understanding the underlying logic and contrarian operations:
* Be greedy when others are fearful (accumulate positions in batches when prices drop to key support levels);
* Be fearful when others are greedy (take profits in a tiered manner after a price surge);
2. Have core practical trading strategies:
* Maintain a mindset of position management, accumulate positions in batches, prepare a trading plan in advance, and strictly adhere to stop-loss discipline.
* Master precise timing techniques; if there are no good trading opportunities, be patient and avoid placing orders frequently.
In this market, surviving longer is more important than making quick profits.
