🔥🔥🔥Brothers! I turned 1 million into 130 million net assets by trading cryptocurrencies. Today, I’ll share my insights—if I had understood these tricks two years earlier, I would have made at least 60 million more! Listen carefully:
1. Don't waste small funds! With a principal of 100,000, only make one big play a day.
Don’t be like those retail investors who stare at the market and trade randomly every day. With a principal under 100,000, it’s like hunting; just wait for one big fluctuation each day and then call it a day! Holding a position for more than 3 hours counts as a loss for me; being greedy just means giving transaction fees to the exchange!
2. When good news materializes, it’s time to sell!
When project leaders brag about big plans, listen up—if you haven’t sold on the day they announce, no matter how high it opens the next day, you must sell at all costs! Many people have been cut down to nothing by “good news turning into bad news.” Don’t be that sucker!
3. Clear out before major events! Don’t gamble with the market’s mood.
Do you know about big events like the World Cup or the Federal Reserve interest rate hike? You need to reduce your holdings three days in advance; if you can't gauge it well, just go to cash and watch! History has shown countless times that major events always bring volatility; following the trend after it develops is 100 times better than guessing blindly!
4. Only fools go all-in for the medium to long term!
Always keep half of your position! Keep half! Keep half! (Take note!) Even if you think a coin will rise tenfold, you should first buy 30% of your position, and wait for a dip to buy more. Otherwise, if it drops 20%, you’ll be crying while cutting losses. Remember: you can only make money if you stay alive!
5. Short-term trading is like playing with your heartbeat! When the market is sluggish, just lie flat.
When the market is surging or crashing, focus on the 15-minute candlestick chart! When the KDJ indicator's J value exceeds 100, prepare to exit; when it's below 0, look for an entry opportunity—but remember, when the market is stagnant like still water, it’s better to play mahjong than to touch cryptocurrencies; it’s a waste of time and money!
6. Be ruthless with stop-losses! Holding positions means you’re going against your money.
If you’re wrong, don’t hesitate; if it drops 3%, you must cut losses! Don’t think “maybe it will come back up”; many people have gone from losing 10,000 to losing 100,000, ultimately getting liquidated! Stop-losses are saving money, preserving capital so you can make a comeback next month!
7. If your mindset collapses, just close your account!
When the market is rising, don’t fantasize about being a stock god; when it’s falling, don’t curse—one day in the crypto world can take you from heaven to hell. I’ve seen too many who made 5 million only to lose 8 million; if your mindset is unstable, even if you have 100 million, you can still end up in the negatives!