Working in the cryptocurrency industry full-time depends on your position. As a newcomer, working in the cryptocurrency industry full-time basically involves more risks than opportunities. I do not recommend it.

There are several accessible roads in the city circle.

1. Analyze information every day, build your own community, and then use your popularity to realize it, such as cooperating with the project party to issue idol+, or helping the project party to advertise and get low-priced chips,

2. Become a professional trader. This path is more difficult. Although the threshold is low, it requires experience and psychological training. In addition to making money through your own trading, you can also open a copy order and let others follow you. If you make a profit, you can make a profit.

3. Specialize in on-chain band Tugou+, specialize in catching hot currencies to go to the band, make a few simple models, such as the big drop of hot currencies, buy the bottom and increase the volume, the band of the white horse pool, etc., the income is very high, and the fault tolerance rate is also large, but it takes effort to screen and watch the market

4. Be a technician, develop scripts and software, you can sell software and scripts to make money, or you can help yourself get airdrops and track big investors. The easiest way to make a small fortune is to have technical skills.

5. Specializing in various airdrops requires energy and gas fees, which is cost-effective, but it is relatively boring and the airdrop cycle is relatively long.

Combine your own ability and interests, and try multiple channels at the same time. Don't just trade by yourself. The risk is too great, and it will be difficult to survive when the market is bad. Only by surviving, and the circle will always let you see opportunities.

In addition, I would like to give some advice to those who really want to trade in Biguo full-time:

1. If you are a beginner, you must know yourself well. Don't try and make mistakes with small capital with the mentality of getting rich quickly: many people have a miserable life in real life. They don't even calculate their positions, but come to the circle to be gamblers and get tens of thousands of dollars at once. They go all in with 10x leverage. Can their mentality be good? If these people don't lose, who will? Take out the money that you won't feel bad even if you lose it all; or take out your risk-free profit and divide it into several or dozens of parts to learn from the market; a few hundred or a few thousand will do, just pay the tuition.

2. Even if the funds are small, you must have risk control, strictly implement strategies, and develop good habits. The maximum drawdown of a single transaction is 2~3%, and the maximum is 5%. If you don’t have the habit of admitting mistakes, you will be finished if you encounter an event of 312 or 519 Luna returning to zero+ when your position becomes larger in the future.

3. If you make a small amount of money, you should withdraw it and keep it as tuition in the future, and then continue to play with hundreds or thousands of yuan; if you lose, you can continue to top up and spend money! Risk-free profit. With risk control, even if it is only a few hundred yuan, you can play for a long time, accumulate considerable experience without spending much money, and have a better understanding of your ability level.

4. When your trading account can survive for half a year without continuous top-up, and has a certain profit and a good capital curve, then consider increasing your position by 2~3 times. After going through 3 rounds of such tests, then consider whether to take a large position to trade full-time in the cryptocurrency circle.

It is estimated that this process will make many people very painful and confused, and they will realize that they are not cut out for trading, and eventually give up the road of gambling. But this is a good thing. To be a trader, one must sacrifice thousands of lives to succeed. The big guys who treat the secondary market as an ATM climbed up by stepping on a pile of dead bodies: the difficulty of successful trading is no less than the difficulty of getting into a prestigious school, entering a large company, and getting a promotion and salary increase in reality; in the end, if you become addicted to the thrill of all-in and ruin your life, it really is not worth the loss. To succeed in subjective trading, the opportunity cost is too high. If you don't have absolute confidence and courage, and are tortured to death by the K-line every day, it's really better for you to be more diligent and make more trips for takeout. The running errands also cost a lot.

How to start trading cryptocurrencies

Trump issued TRUMP and earned $50 billion in two days; Musk changed the official website of the U.S. government's Department of Efficiency to Dogecoin, and Dogecoin rose by 10% in one day; not to mention that Bao Erye, Li Xiaolai, Sun Yuchen, Zhao Changpeng and other Chinese people have achieved geometric growth in assets through a series of investments such as Bitcoin+, Ethereum+, and Tron+. When people see the corresponding reports, they often start to ask: How to start trading in coins?

In mainland China, the issuance of tokens and the provision of transaction matching are all illegal financial activities. However, in Hong Kong, Singapore, Malaysia and other places, the experience of cryptocurrency speculation is worth learning from.

Most Singaporeans speak Chinese as their mother tongue, and they have many things in common with us in terms of cultural exchange. The habits and methods they have accumulated in the field of cryptocurrency trading are of great learning value to us. Cryptocurrency trading, as an emerging investment channel, has opened the door to wealth growth for many people, and there are many typical cases of successful wealth. If you also want to know the channels for Singaporeans to trade in cryptocurrency, you can click to read the original text after reading the article.

Understand the market and knowledge reserve

Before investing in cryptocurrencies, Singaporeans spend a lot of time learning the basics of blockchain and cryptocurrency. They pay attention to the white papers of various cryptocurrencies to understand their technical principles, application scenarios, and team backgrounds. Before that, people often learn about (what is Bitcoin) and (what is blockchain) through tool A, and then start to learn more about concepts such as (centralized exchanges) (decentralized exchanges) (withdrawal and recharge), etc.

At the same time, we should closely follow the dynamics of global financial markets and changes in policies and regulations, as these factors may have a significant impact on the price of cryptocurrencies. For example, when a country or region introduces a cryptocurrency-friendly policy, it often drives up market prices.

Some suitable news platforms are suitable for daily attention, such as Feixiaohao+, Lianwen+, Golden Finance+, and Jinshi Data+, but it should be noted that any news may be false. In the currency circle, you are the first person responsible for the safety of your own funds. Even if the news is released by the above-mentioned platforms, you need to try your best to verify it in person and then make your own investment opinions.

Choosing the right trading platform

In Singapore, there are many cryptocurrency trading platforms with good compliance and reputation to choose from.

When choosing a platform, Singaporeans will focus on the security of the platform, such as whether it uses multiple encryption technologies to protect user assets, whether it has a complete fund custody mechanism, especially a reserve mechanism. At the same time, the platform's transaction fees, types of trading pairs, and user experience are also important considerations.

1. What is K-line?

K-line, also known as "candlestick chart", may look like a small sausage, but it is actually a "prophet" in the circle!

Simply put, K-line is to draw the price fluctuation of the currency within a period of time (such as 1 hour, 1 day) with a "candle". Its four key data: opening price, closing price, highest price, and lowest price.

Entity: The body of the candle, there are two colors,

Red (Yanxian): Closing price> opening price. The price of a coin has risen!

Green (negative line): Closing price < opening price. The price of a coin has fallen!

Shadow: The "pigtails" that grow up and down on the candle;

Upper shadow line: the distance between the highest price and the real body - the "ceiling" of the long and short fight

Lower shadow: the distance between the lowest price and the real body - the "floor" of the long and short fight

For example:

If there is a long red candlestick, it means that the buyers are too aggressive and directly smash the market price from the floor to the ceiling!

If there is a long green Yin line, it means that the sellers are brutal and have kicked the price of the currency from the top of the mountain to the deep pit!

2. What secrets are hidden in the body parts of K-line?

1. Entity length:

Big Yang line: The body is thick → Buyers are buying like crazy, the trend may continue to rise!

Big Yin line: The body is thick → Sellers are selling frantically, and the trend may continue to fall!

Small Yang/Small Yin: Thin body - Long and short forces are evenly matched, the market may fluctuate!

2. Shadow length:

Long upper shadow: the price was smashed down halfway up. It could be a "fairy pointing the way" or a peak signal!

Long lower shadow: Pulled back after falling halfway. It may be a "gold pit" or a precursor to a rebound!

Tips:

The longer the shadow, the more twisted the long and short positions are!

The longer the body, the clearer the trend!

3. Common K-line patterns, understand the market sentiment in seconds!

1. Doji:

The real body is very small, and the upper and lower shadows are almost the same length. The long and short positions are tied, and the market is about to change!

Location:

Too much increase → May have peaked!

If it falls too much, it may bottom out!

2. Hammer line:

The lower shadow is very long, and the real body is small. Someone bought the bottom after it fell to the floor. It may reverse!

(Suitable for bargain hunters!)

3. Hanging line:

The lower shadow is very long, but it appears after a continuous rise. Beware of the main force pulling up and selling!

(Run!)

4.

Red Three Soldiers:

Three consecutive small positive lines → The trend is steadily upward → Follow up!

5. Black Crow:

Three consecutive small negative lines - the trend is downward - stay away!

4. Practical skills, even novices can use them!

1. Look at the volume:

K-line surge + trading volume surge - a real breakthrough, just do it!

K-line surge + trading volume shrinks → pull up and sell, run!

2. Find the key position:

Support level: If it falls to a certain position and rebounds many times, it may be a bargain!

Pressure point: if the price rises to a certain position many times and then gets smashed, it may have reached the top!

3. Don’t be greedy:

Don’t guess at a single candlestick, look at a combination of 3 or more candlesticks!

For example, the "Morning Star" (a small star down and a rising star) is a reversal signal, but a single small star is useless!

V. Conclusion

Summary: K-line is the "electrocardiogram" of the circle. Understanding the entity, shadow, and shape can predict the rise and fall!


Don’t be superstitious about a single K-line. Combine it with trading volume and key positions, and your winning rate will be higher!

If you have just entered the market, come to me and I will teach you how to operate while learning; if you are already in it and it is not ideal, you can come to me and I will help you and will not let you make the same mistake again: if your position is stuck, I will reasonably untie it according to your entry point. Because everyone is stuck at different points, the solution methods will also be different, some are suitable for conservative people and some are suitable for aggressive people. I will definitely use the most appropriate method to solve your problems and help you get out of the market.

I still say that, if you don’t know what to do in the bull market, click on my avatar and follow me, I will share the bull market spot planning and contract password for free.

I need fans, you need references. It's better to pay attention than to guess.

Continue to follow:$TRB $AIXBT $WCT

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