I am a post-90s individual, 32 years old this year, currently living in Changsha, with two houses—one for my family and one for myself. I have spent 8 years in the cryptocurrency market, turning an initial capital of 300,000 into tens of millions. With the simplest trading method, I managed to maintain 'eternal profits,' rolling my capital for 4 months to achieve a 400-fold return! Aiming for 20 million!
I've been trading cryptocurrencies for 2880 days, achieving a peak return of 400 times. Below are some of my experiences from these 2880 days.
1. Opportunities abound in a bull market, but if you're greedy and try to catch every opportunity, it won't end well. Although the bull market rises broadly, speculation still focuses on sectors. If a coin skyrockets, it tends to drive speculation in its sector. Conversely, just capturing the rise of one sector can yield substantial profits. If you're lucky enough to catch the rotation of the sectors and ride two waves of the main upward trend, you could earn unimaginable wealth.
1. The cryptocurrency market has some basic rules - buy new, not old. Investors tend to prefer new things, so keep up with the latest market trends. Big market movements provide big opportunities. - Don't go all in on contracts or use high leverage. If you really want to play, make sure not to exceed five times leverage, and set strict stop-losses! The best approach is to avoid contracts altogether! Otherwise, you may suffer significant losses! - The cryptocurrency market often operates on a four-year cycle; you must sell all altcoins at the peak of a bull market, or they may drop by as much as 90% when a bear market arrives! - The market operates on expectations; once expectations are met, the positive/negative news ends. - For non-large funds, using prominent exchanges like OK is sufficient. If your amount exceeds 1 million USDT, consider a cold wallet.
3. Trading strategy suggestions: Rather than chasing hot topics, focus on solid projects/sectors for potentially higher returns. Hot projects often have a fully valued market cap, so they are likely to fail, while less popular sectors may present high-multiple opportunities. Select projects that are recognized by the market but not widely favored, as they have high potential returns and low risk. It's not advisable to go all in on one sector; it's best to choose three or four sectors and lay out two coins in each sector. One leading coin in a sector can yield Beta returns, while a low-market-cap, high-potential coin can chase high returns.
At the end of the bear market, bulls are starting to increase their positions, and the end of the bulls is exiting. The bear market may last about a year before entering a consolidation period. During this time, focus on working or building your own business; don't let yourself be idle. There won't be too many good trading opportunities during the bear market, so never open positions just because you're itching to trade.
Follow the black cat closely, analyze with precise strategies, and select with millions in AI big data to position yourself for success? The market never lacks opportunities; the question is whether you can seize them. By following experienced and the right people, we can earn more!
