😘Dear friends! I rolled from 100,000 to 100 million net assets by trading cryptocurrency, and today I'm going to share some valuable insights — if I had understood these tricks two years earlier, I would have earned at least 60 million more! Listen carefully:
1. Don't waste small funds! With a principal of 100,000, only catch key fluctuations once a day!
Don't be like those inexperienced traders who stare at the market and trade mindlessly every day. With a principal under 100,000, it's like hunting — just wait for a big fluctuation once a 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 paying transaction fees to the exchange!
2. When good news hits, it's when the scythe swings down!
When you hear a project party boasting about doing big things, listen up if you haven't sold that day — no matter how high it opens the next day, you have to sell at all costs! Many people have been cut down to nothing by the "good news turning into bad news"; don't be that fool!
3. Reduce positions 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 hikes? You must reduce your positions 3 days in advance; if you're really unsure, just stay in cash and watch! History has shown many times that major events always bring anomalies. Following the trend after the market moves out is 100 times better than guessing randomly!
4. Those who dare to go all in for mid to long-term are foolish!
Leave half of your position! Leave half! Leave half! (Take note) Even if you think a coin can rise 10 times, you should only buy a 30% position first, and keep the rest to buy in if it drops; otherwise, if it corrects by 20%, you'll be crying while cutting losses. Remember: you need to stay alive to make money!
5. Short-term trading is like playing with your heart rate! When the market is stagnant, just relax!
When the market is surging or plummeting, keep a close eye on the 15-minute candlestick chart! If the KDJ indicator J value exceeds 100, prepare to run; if it's below 0, look for an opportunity to enter — but remember, when the market is as stagnant as dead water, you'd rather play Mahjong than touch crypto, as it wastes time and loses money!
