#热门话题 #Circle扩大IPO规模 #PCE数据来袭 #MASK
There is a very foolish way to trade cryptocurrencies.
Someone asked me how to turn 3000 into 100 times?
Try earning 10% every month. Are you trying to use compound thinking to fantasize about earning a million?
That can only be a fantasy. I tell you, the reality is that you can only earn 100 times by relying on 10 times, 5 times, or 3 times each time.
Compound interest is one of the eight wonders of the world...
You only need to get liquidated once to never listen to these toxic motivational talks again!
Climbing the social ladder through cryptocurrency trading absolutely does not rely on compound interest, but rather on cycles, liquidity, and price action.
Use cycles to trade contracts:
The larger the cycle you observe, the higher your chances of winning. Essentially, the cryptocurrency market is a global financial market where you are playing a trading game with people from all over the world. Now you need to take money from their wallets.
How to take it?
Use slow money to earn fast money, use smart money to earn dumb people's money.
The vast majority of people in this world are impatient, do not understand strategy, and are reckless. Most people rely on a 'brash' approach to open positions and seldom pay attention to their position size, entry timing, or risk levels.
They only focus on how to make quick profits, thus entering and exiting quickly, betting large amounts. They get liquidated.
When they trade, they only aim for profits or losses of a few dozen points. If you extend your trade a bit, aiming for 200 points in profits and stop-loss, your chances of winning will increase.
Your funds will consume such capital, and it is not about how smart or patient you are. Actually, you are leveraging a very key factor - 'cycles'.
When Bitcoin's price was at $3000, it fluctuated up and down by about dozens of points daily; at $10,000, it was 200 points; at $30,000, it fluctuated by 1000 points daily; at $58,000, which is the current price, it fluctuates around 2500 points daily.
And your liquidation price can only withstand... a fluctuation of 300 points. I understand your ambition, but you cannot treat fluctuations lightly!
You don't need to understand these concepts only after getting liquidated; you need to understand them right now!
If you control your risk well, it doesn't matter if you open a 1000x contract; you just need to care about where your risk level is.
Let me give you an example. For instance, this bull market is a large cycle, and within this large cycle, there are countless small cycles, and within these small cycles, there are also nested cycles. These small cycles oscillate back and forth, always moving towards the peak of a bull market.
You need to judge where the low point of a small cycle is at this moment, and that low point is unlikely to be broken. Then, trade within this cycle without looking at resistance levels, support levels, or pressure levels. Within this small cycle, your position is the strongest.
As long as you make a good judgment, all negative mentalities like anxiety and panic do not exist. I believe the bottom of Ethereum's small cycle is at 2947. As long as it drops within this range, I will add to my position without a second thought. If it drops, I will add to my position, and I will sell at the 3210 position.