The Blood and Tears Lessons of the Old Leeks: The Dumbest Methods Are Often the Most Profitable
In the years of trading coins, I have seen too many people chase highs and sell lows, only to end up with nothing. Today, I will tell you a method that is incredibly dumb yet as steady as an old dog. Although it's slow, it will let you survive to the end.
Three Absolute Taboo Practices
Chasing highs and selling lows is a path to death: When others are frantically grabbing shares, you need to remain calm; when the market is in panic selling, you need to be greedy. Remember, real profits are made when buying during declines.
Don't put all your eggs in one basket: Betting everything on one coin? That’s gambler behavior. Diversifying risk is the choice of smart people.
Never go all in: Keep some bullets left; opportunities will always be there tomorrow. Going all in is like cutting off your escape route; if you see a better opportunity, you can only stare in disbelief.
The Six-Word Secret of Short-Term Trading
Don’t chase at high positions, don’t cut at low positions: After a new high, there may be another new high, and after a new low, there may be another new low. Wait for the trend to clarify before acting.
Staying still is the king's way: 90% of losses occur in fluctuating markets; holding back is more important than anything else.
Buy on bearish days, sell on bullish days: Go against market sentiment, that is the secret to making money.
Only sharp drops yield huge profits: Slow declines are hopeless; sharp drops are opportunities to pick up money.
Pyramid Building Method: Enter in batches, always leave yourself a way out.
After sharp rises and falls, there must be consolidation: Don’t go all in during extreme market conditions; wait for the market to calm down before deciding your position.
Remember, those who survive the longest in this market are not the smartest, but the most patient. Those who dream of getting rich overnight end up becoming someone else's ATM. Using the dumbest method to earn the most stable money is the true essence of trading coins.
