Investing 5000 yuan in the cryptocurrency world? This is the correct way for the poor to make a comeback!

Why do some people turn 5000 yuan into 1 million within 3 months? It's not because their skills are amazing, it's about controlling positions! The toughest thing in the crypto world isn't the market, it's that you keep thinking about waiting to break even, leading to even greater losses!

Want to use a small amount of money to turn your fortunes around in a bull market? These 10 key points can save your life, and the 8th point has trapped 90% of people!

If you have money, don't recklessly go all in, staying in cash is the mark of a master.

With a 20,000 yuan principal, capturing a few waves of mainstream coins with a 40% increase is enough to get rich. In a bull market, greed is the most feared; those fully invested and trapped are the real fools. Only those who dare to stay in cash and wait for opportunities are the real tough ones!

First, learn how not to lose money, then think about making money.

Don't believe "this time is different"! The most deceptive phrase in the crypto world is this one. First, try the waters with a small amount of money, and once your mindset is stable, then invest real money. Losing money in real trading could lead to quitting the market!

Be cautious when selling on good news.

After a significant price increase, if good news comes out, there’s an 80% chance the next day will open high and trap people. The big players calculate better than you, so you need to run quickly!

Remember to clear your positions before holidays.

Data from the past five years shows that in the week before holidays, there are more declines than increases. Reduce your positions when necessary; don’t go against the market!

Long-term investments must keep cash on hand.

Don’t go all in at once! Gradual buying and selling is the way to go; having cash on hand allows you to pick up bargains when there’s a crash.

For short-term trades, focus on these two indicators.

A sudden spike in trading volume + price breaking through resistance levels means it’s time to rush in! Never make a move during a consolidation with decreasing volume.

A sharp drop could be an opportunity.

A slow, gradual decline is the most terrifying; a sudden surge in volume and a sharp drop might be a bottom signal, so act quickly on buying the dip!

Hanging on and waiting to break even is the most harmful (this point is crucial!).

Many people fantasize about breaking even after losing 50%, but actually, you need to double your investment to recover! If you need to cut losses, then cut them – it’s better to have some capital left!

Look at the 15-minute chart for buying and selling.

Use the 15-minute candlestick chart to spot golden crosses and death crosses, combined with trading volume. This is suitable for those who don’t have time to watch the market closely.

Knowing these three tricks is enough.

There are so many technical indicators, but only one or two can truly make money. Master these three tricks; it’s better than anything else!

Use precise strategies to analyze and keep yourself undefeated! The market never lacks opportunities; the question is whether you can seize them. Following experienced and right people can help us make more gains! As the saying goes, follow the wolves to eat meat, and follow the dogs to eat dung; keeping up with the speed can save you a lot of detours.