There is a very foolish way to trade coins that almost guarantees 100% profit. I used this method to earn over 20 million!
First, don't easily let go of low-priced chips. Stay firm in your beliefs and prevent market manipulators from colluding against you.
Second, chasing highs and selling lows is always a big taboo. When the overall trend is positive, building positions gradually during declines is much less risky than chasing highs, resulting in lower costs and greater profits.
Third, allocate profits reasonably to maximize capital release instead of continuously increasing positions.
Fourth, recover costs during rapid increases and hold coins during rapid decreases. Maintain a positive mindset at all times: no speculation, no impatience, no greed, no fear, and don’t engage in unprepared battles. #币安Alpha上新
Fifth, positioning in advance or investing in low-priced private placements relies on experience and betting on the future of the coin with market makers, while later secondary market speculation relies on technology and information to follow the market makers. Don’t get the priorities reversed, or it will end in disaster.
Sixth, when building positions or exiting, it is essential to do so in layers and segments. Gradually widen the price gaps to effectively control the ratio of risk and profit points. $XRP
Seventh, familiarize yourself with the interconnected effects. When trading coins, observe the market conditions while also keeping an eye on the movements of other coins. Each coin does not exist in isolation during large market transactions; although they may seem unrelated, they are intricately linked. Understanding the interconnected effects is crucial for trading coins.
Eighth, ensure reasonable asset allocation. The distribution of hot coins and value coins should be balanced, and pay attention to the ratio of pressure resistance to profit intake. Being too conservative may cause you to miss opportunities, while being too aggressive can expose you to high risks! The main characteristic of value coins is stability, while the biggest feature of hot coins is extreme volatility, which can lead to either soaring profits or total losses in one battle.
Ninth, having coins in the market, money in the account, and cash in your pocket is the safest and most reassuring standard configuration. Do not go all in; going all in will lead to death. Proper risk control and reasonable capital allocation are key to determining your mindset and success. Investing spare money is fundamental. $BTC
Tenth, master basic operations, learn to apply one principle to another, grasp the fundamental ideas of trading, and observation is the prerequisite. Remember each peak and trough as reference data. Learn to keep records, summarize materials yourself, develop a reading habit, and cultivate the ability to filter and select information. $ETH
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