My net worth is 150 million, of which about 130 million is earned through 'trading cryptocurrencies'! I withdraw 100,000 from the crypto market every month, feeling no impact, living leisurely and freely, without deceit or scheming, living the life I want.
Today, I will share a few key points; these experiences are worth 60 million, and I hope they can help you.
1. When entering the market, do not only look at the 'K-line' trends of cryptocurrency trading, especially for short-term trading, you also need to look at the 30-minute K-line. At the same time, the overall market must stabilize and resonate at this moment before you can enter. For example, sometimes you see a K-line with a long upper shadow and feel there is no opportunity, but the next day it might shoot up or even hit the daily limit. If you look at the 30-minute K-line, you will see the subtlety.
2. If the trend and order are not correct, taking another look is making a mistake. You must go with the trend, and the order of the rise must not be broken.
3. If a short-term trade is not in a hot spot or a potential hot spot, it's better not to trade.
4. Abandon all impulsive entries. Trade your plan, plan your trades.
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5. Any person's views or opinions are merely references; you must have your own thoughtful consideration and serious analysis.
6. First, determine the direction and then select specific coins. If the direction is correct, the results will be doubled; if the direction is wrong, the results will be halved.
7. Enter coins that are currently rising. Trying to guess the bottom is a big taboo; you always feel a rebound is imminent, only to face ultimate market shaking. Stock prices always move towards the direction of 'small resistance levels'. Entering coins that are on the rise means choosing a direction with less resistance.
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8. After significant gains or losses, you should empty your positions and reevaluate the market and yourself. Clarify the reasons for the significant gains or losses, and then it’s not too late to take action. After many years in cryptocurrency trading, I found that after significant gains or losses, emptying positions has a probability of success of over 90%.
If you are also a tech enthusiast, deeply researching technical operations in the crypto world, feel free to [check the comment section] to get the latest crypto intelligence and trading skills.
