I have been in the cryptocurrency circle for 10 years. I lost more than 9 yuan in the first three years with my original capital of 10 yuan! Do you know how devastated I was? The price of a house I bought at that time has now increased by many times! Even my wife almost divorced me! After that, I reflected for a long time and decided to start over. I was really unwilling to do so. In the fourth year, I started over with the remaining 300,000 yuan, slowly accumulating my own income, and slowly I could get a stable income every year!
Now I have used the remaining 300,000 yuan to make more than 34 million yuan now, which is completely able to generate stable returns. Over the years, I have also summed up 10 iron rules that must be followed and a set of my own cryptocurrency trading methods, which I will share with you today!
I sincerely hope that friends who are confused in the cryptocurrency circle can absorb this information and take fewer detours, otherwise the cost of hitting a wall will be very high!
Today I’m giving you some useful information. It’s short, but every word is heart-touching. You will have an epiphany after reading it!
I will reveal my ten years of experience in cryptocurrency trading. Today, I will share with you the in-depth analysis of the iron laws and trading strategies of cryptocurrency trading that have withstood the test of the market. I hope that it will illuminate the way forward for your investment journey in the cryptocurrency circle, help you avoid detours, and greatly increase your chances of making a profit.
If the above-mentioned rules of cryptocurrency trading can be strictly followed by investors and flexibly applied in combination with the actual market conditions, they will definitely help everyone avoid common investment traps and greatly increase the chances of making profits in the cryptocurrency market.
How to make the easiest money in the cryptocurrency world?
My trading philosophy is to follow the trend and make the easiest money. I currently only make the easiest money in this industry, for example, holding the coins and letting more capable people in the coin circle work for me, for example, grid trading, making good strategies and making money automatically. I don't have the energy to study the money that is too difficult to make. We should invest our energy in finding ways to improve our cognition.
Because, in my opinion, nothing is more important than trends. So in this episode, let's learn about the various types of trends and my own trading strategies. In the future, when you see a certain type of trend, you can follow the map and have a plan in mind.
In order to help you have a more intuitive understanding of the various trends on the market, let me first classify the trends into five types with the help of the direction of the clock.
Category 1: Trends with an accelerating upward slope from 1:00 to 12:00
The second category: a steady upward trend from 2:30 to 1:00
The third category: horizontal consolidation posture and trend from 2:30 to 3:30
Category 4: A stable downward trend from 3:30 to 5:00
Category 5: The downward trend with an accelerating slope from 5 o'clock to 6 o'clock
So, how did we get this slope of death?
For this moderate direction and slope, you just need to observe two key points: height and length. The slope is equal to height divided by length, that is, the increase or decrease divided by time. The greater the increase or decrease in the same period of time, the greater the slope.
My habit is to use a 2-year period to observe the long-term trend slope, and a 3-6-year period to observe the medium- and short-term trend slope.
Let's first talk about the horizontal fluctuation trend from 2:30 to 3:30. This type of trend is also called the concentrated trading area.
1. There are several special features of the intensive trading area:
1. The price has a clear ceiling and floor price
2. Usually, a dense trend is formed after a surge or plunge.
3. The exchange of chips is very intensive: the average market price is unified, and there is a consensus on the current price.
4. The moving average gradually converges
2. Market performance after the chip concentration area:
1. The concentrated trading area is usually a rest stop in the big cycle trend. If the big cycle trend, such as the weekly level trend,
If it is a complete bullish trend, then the high probability direction after the concentrated trading area ends will still be upward; on the contrary, if
The long-term trend is a bearish trend, so the direction after the intensive transactions will most likely go down, provided that the long-term trend is bearish.
Cycle, short structure is not broken
2. After that, the market will have a relatively large trend. There is a proverb in the currency circle, which is that the longer it is horizontally, the longer it is vertically.
The higher the turnover time, the longer the turnover, the more sufficient the turnover, the greater the market trend will be in the future. Of course, the intensive trading area is a great challenge.
Be patient, in this trend, only grid trading is suitable.
3. If this trend is broken, it means a big change is going to happen. The market will move in the opposite direction of the trend.
3. Satisfy the conditions for flipping
1. The moving averages are highly concentrated, and the short-term, medium-term and long-term moving averages are very close. If we must quantify, I think the 60-day moving average
The distance between the 5-day line and the 5-day line should be less than 2%.
2. The shock time is long enough, more than 3 months
3. The moving average crosses upward, forming a golden cross, and the long position indicates that the overtrend has reversed. If the moving average begins to form a gradual upward trend
Once the bullish arrangement forms an upward breakthrough, the trend will most likely develop in a direction that is favorable to the bulls.
4. How to manipulate the horizontal fluctuation trend from 2:30 to 3:30
1. Continue to do grid trading in spot and make stable money. As long as the market is in this trend, you can make money regardless of whether it goes up or down.
2. Ambush before the breakthrough, and then wait for the breakthrough and continue to increase your position when the moving average just forms a bullish arrangement.
Of course, there are expectations and bottom lines. Stop losses must be set for spot trading and contract trading.
4. What should I do if I encounter a false break?
Short-term trading requires timely stop-loss and strict execution according to trading strategies.
5. Remember that at the end of the concentrated trading area, if there is a bull market, there must be a bullish arrangement of the moving average.
On the other hand, to get out of the big bear market, there must be a short arrangement of moving averages. This is the law of the market.
6. This kind of trend will be very uncomfortable whether you use contracts to go long or short, with friction costs and position fees.
They are all very high. Only grid trading is possible.
Cryptocurrency circle practical information: Chase when you should — One Yang leads two stars
One Yang with Two Stars usually appears in an upward trend.
If it occurs after a bearish structure reversal,
Or it appears in the process of a low-level small Yin or Yang slowly climbing at 30°.
can be regarded as a signal for longs to intervene.
There is a high possibility that the market will see a significant rise out of the previous range.
Treat this as an opportunity and buy chips to wait for the price to rise!
1. Technical characteristics of one sun with two stars
1. Appear in an upward trend.
2. It usually consists of three K lines, the first one is a large or medium Yang line, and then two small K lines appear above the Yang line. The small K line can be a cross line, a cross star, or a small Yang line or a small Yin line.
2. Technical significance of one sun with two stars
One Yang with Two Stars is mostly generated in the process of the main force cleaning up the floating profit chips and short-term chips after the currency price breaks through the key position (such as the neckline, etc.). After the cleaning, most currencies will continue to rise, so One Yang with Two Stars is a buy signal, and the market continues to be bullish.
3. Practical Logic
1. After breaking through the neckline on the right side of the head and shoulders bottom or W bottom, a one-yang-with-two-star pattern is formed. The market outlook remains bullish, with buying as the main approach!
2. In the process of small Yin and Yang lines rising slowly, if one Yang line with two stars appears (usually accompanied by a short trap, the price first falls below the trend line, and then quickly recovers in the form of a large Yang line), it is a signal that the market is starting, and you can continue to buy and hold!
3. In some rare cases, there will be one sun with three stars, which has the same meaning as one sun with two stars!
Popular Science - Short Trap: The main market funds deliberately sell short, and the price of the currency falls from the high area with a high trading volume to break through important points, necklines, support levels, trend lines or moving averages, creating the illusion of a downward breakthrough, inducing traders to panic sell chips to stop losses. After the panic selling, the stock price quickly rebounds and exceeds the original price range, resuming the upward momentum, leaving those traders who panic-sold at low levels empty-handed.
In two years, with less than 700,000 yuan, the rate of return was 418134.86%, which amounted to more than 28 million yuan.
Today I will tell you the best dry goods:
The method of position management is to operate in batches
Batch: divided into equal batch and non-equal batch
First: Equal allocation, also known as the rectangular buying and selling method, refers to dividing the funds into several equal parts, buying or selling in sequence, and the proportion of funds for each purchase and sale is the same. Usually 3 or 4 equal parts are used. For example, buy 30% first, and if you start to make a profit, buy another 30%. If you don’t make a profit, don’t intervene with new funds for the time being. When the price of the currency reaches a certain high point or the market changes, reduce the position and sell in batches.
Second: Non-equal allocation, which means buying or selling funds in different proportions, such as 1:3:5, 1:2:3:4, 3:2:3, etc. The shapes generated by the proportions are divided into: diamond, rectangle, hourglass, etc. The most commonly used is the pyramid buying and selling method.
Third: With the same funds and the same position, use different methods for comparison.
Pyramid: 1000 for 5 floors, 1100 for 3 floors, 1200 for 1 floor, average price 1055
Inverted pyramid: 1000 for 1st floor, 1100 for 3rd floor, 1200 for 5th floor, average price 1144
Equally divided rectangle: 1000 for 3 layers, 1100 for 3 layers, 1200 for 3 layers, average price 1100
The price rises to 1200 and the profits are: Pyramid 145, Inverted Pyramid 56, Rectangle 100
The price drops to 1000 and the losses are: Pyramid +55, Inverted Pyramid -144, Rectangle -100
For example: a certain currency falls to 10 yuan, buy 20% of the position, the price falls to 8 yuan, and then enter 30%, at this time the average cost is 8.6 yuan, if the market continues to fall to 5 yuan, and then enter 40%, the average is 6.5 yuan. If the price rebounds to 6.5 yuan, it is capital preservation. If it rebounds to 10 yuan, it is equivalent to earning 3.5 yuan. But if you buy a full position at 10 yuan, you will just get out of the trap when the price returns to 10 yuan.
Is the current situation in the cryptocurrency world the life you want? In the cryptocurrency world, do you want to be a qualified investor or a speculator?
We came to the cryptocurrency industry to see the future development trend of blockchain. We didn’t catch the dividends of real estate, Internet, e-commerce, etc. before, and the blockchain industry has just started. We are deeply involved in it to catch the next big trend.
For ordinary people, the cryptocurrency world may be an opportunity to turn things around or even change their fortunes. People come to the cryptocurrency world to improve their quality of life through investment.
There is never a lack of opportunities in the cryptocurrency world, and we come to the cryptocurrency world to make money, but if we indulge in short-term trading every day, let alone whether it is suitable for you, whether you can make money, whether you have the time, energy, ability, etc.;
Of all the people and things I have seen in the cryptocurrency world, I have never seen anyone who makes a lot of money by watching the market every day and frequently trading in the short term. Even if some people can do it, they are nothing more than high-level financial workers, not to mention those who lose more than they earn.
Not only did we not make any money, but our lives were also messed up. Is this really our original intention of entering the cryptocurrency world?
Trend traders are different. They make adequate preparations before investing, and then wait for the flowers to bloom and ignore the fluctuations in between.
In fact, many beautiful things in the world are not within reach. After time’s brewing and polishing, the result of waiting will become more precious.
Whether or not an investment can yield good results is determined before the investment. From the moment the investment is made, it is no longer under our control.
Therefore, our life is not just about the cryptocurrency world. We should eat, drink and play.
Strive to become a qualified investor in the cryptocurrency circle as soon as possible rather than a trader or a speculator.
Is it necessary to learn the techniques, mentality and strategies of reading the market when trading in the cryptocurrency circle?
Many people who are new to the cryptocurrency world or some old-timers think that technology is useless in cryptocurrency trading.
My personal understanding of why these people think it is useless is:
Because you are useless, it is useless.
Technology is the language that helps us understand the market. It is just like when you deal with foreigners, you speak your own language and they speak their own language. It is like a chicken speaking your language and a duck speaking his language. It is difficult to communicate, not to mention understanding each other's meaning. It is the same principle.
I will write about the application of some technical indicators in actual cryptocurrency trading from time to time:
Including naked K of candle chart, volume, Western technical analysis system, MACD, Bollinger, etc. The picture below shows the practical usage of MACD for bottom fishing.
What helps us make money in the cryptocurrency world is trading technology.
But what prevents us from making money is our mentality.
In the end, whether you can make stable profits in the long term depends on a trading system of your own.
A complete trading system not only includes trading techniques for watching the market (recognizing the transition between bull and bear cycles, identifying bottoms and tops, how to buy at the bottom and sell at the top, etc.);
It also includes the mentality part (that is, the correct investment thinking and philosophy);
and strategies (position management, risk control, etc.).
Everyone comes to the cryptocurrency circle to invest in order to make money, but the results are disappointing. It’s not that everyone doesn’t make money, but some people clearly made money in the bull market, but in the end they didn’t keep the wealth they earned.
The bottom line is that there is no complete trading system. It is easier said than done. As human beings, we all have human weaknesses, and these human weaknesses are particularly evident in the financial market, especially in the cryptocurrency industry, which is a high-risk, high-return industry.
It is difficult for anyone to achieve unity of knowledge and action through their own self-discipline. So what can help us achieve unity of knowledge and action?
The answer is to have your own trading system. Always trade in the market that you can understand and within your capabilities. Use the trading system to overcome the weaknesses of human nature (greed, temper, ignorance, arrogance, suspicion, etc.).
Ten years of hard work have gone into sharpening a sword. I would like to share these words from the bottom of my heart to guide those who are destined to do so and avoid taking detours. Cryptocurrency trading is not difficult. I have never felt tired, but rather enjoyed it. Just like those late-night game enthusiasts, how could they feel tired?
Follow De Ge closely, use precise strategic analysis, spend millions of dollars on AI big data selection, and make yourself invincible? The market never misses opportunities. The question is whether you can seize them. Only by following experienced people and the right people can we make more!
