Divide 10,000 into 10 parts of 1,000
1000 yuan used for contract rolling to quickly accumulate to 100,000! (It takes about 1 to 3 months)
In the cryptocurrency circle, 1,000 yuan is about 140 U!
Optimal solution strategy recommendation: contracts
Each time use 30 U, gamble on hot coins, ensure to take profits and stop losses; 100 hits 200, 200 turns into 400, 400 turns into 800. Remember a maximum of three times! Because you need some luck in the cryptocurrency circle, gambling like this can easily make you profit 9 times and lose once! If you pass the third checkpoint with 100, your principal will reach 1100 U!
At this time, it is recommended to use a triple strategy
Trade in two types of orders in a day: ultra-short orders and strategy orders. If opportunities arise, then enter trend orders.
Ultra-short positions are used for quick strikes, making 15-minute level trades. Advantages: high returns; disadvantages: high risk.
Only engage in major Bitcoin-level trading
The second type of order, strategy orders, is to use small positions, like 10 or 15 U, to engage in four-hour level contracts, saving the profits and engaging in regular investments in Bitcoin.
The third type, trend trades for mid to long-term, once you see it clearly, go for it. Advantages: more profit.
Find the right position to set a relatively high profit-loss ratio
Two, the Martingale strategy is a must-account method.
A strategy that rolls 100 U to 1000 U with guaranteed profits; this strategy silences 99% of people! (Martingale strategy, a strategy that scares the manipulators, shared with everyone)
Start with 100 U for each order, always set a 100% take profit (run after doubling)
Lose and double down (100→200-400→800...) Win once to recover all losses + net gain of 100 U
Be prepared with funds for 10 games (losing 10 games has the same probability of being struck by lightning 3 times)
Do not look at the market situation, do not look at policies, close your eyes and enter. This time go long, next time go short, operate repeatedly with a 50% win-loss probability! As long as one game succeeds, all losses are recovered, plus a profit of 100 U.
Mathematics does not lie:
1 profit = make up for all losses + a bonus of 100 dollars
10 times of tolerance = your funds survive 10 more lives than the market
But! Newbies must watch these 3 life-and-death lines:
Never add positions (if it is said to double, it must double)
Withdraw immediately after making a profit (100% profit-taking is a command)
At least prepare enough funds for 10 games
Do you dare to try?
Want to earn your first 1 million in the cryptocurrency circle? Remember these 15 iron rules!
The cryptocurrency circle is a battlefield of opportunities and risks, where some become rich overnight while many lose everything. To succeed in this game, strict adherence to rules and maintaining clarity are essential. The following 'five nos' principles and 'ten must-dos' strategies will help you avoid detours and steadily accumulate wealth!
1. Absolute taboos! The 'five nos' principle in the cryptocurrency circle
1. Do not touch contract leverage
Contracts and leverage are 'wealth crushers'; 99% of people ultimately face liquidation and zero balance. Market fluctuations are instantaneous; one mistake can lead to ruin. Remember: long-term compounding is the way; a gambling mentality will only lead to loss!
2. Do not rush into shitcoins or play with meme coins
"Shitcoin" and Meme coins seem like mythical hundredfold investments, but in reality, there are more scams than profits. The project team controls the market, liquidity is withdrawn, and hype fades quickly; ordinary people are always the bag holders.
3. Do not chase highs, do not speculate on waves
FOMO (Fear of Missing Out) is the root of losses! Chasing highs after a surge is likely to get trapped; frequent swing trading incurs fees and opportunity costs that can eat into profits.
4. Do not click on unfamiliar links
Phishing sites, fake wallets, fake airdrops... hacking methods are hard to guard against. Download apps only from official websites, and links must be verified from multiple sources; asset security is paramount!
2. Must adhere to! The ten rules for wealth freedom
1. Asset security is the lifeblood
Private keys and mnemonics = your entire fortune! Never take screenshots, store them in the cloud, or tell anyone. It is recommended to use hardware wallets + offline storage.
2. Dollar-cost averaging in bear markets, lying low in bull markets
Bear markets are the golden period for accumulating positions! Regularly buy core assets like BTC and ETH, ignoring short-term fluctuations, and patiently wait for cyclical changes.
3. You must hold to make big money
90% of the profit comes from 10% of the time; frequently changing positions will only cause you to miss the main rising wave. Set goals, and do not exit easily in non-extreme market conditions.
4. Keep cash flow continuous
The cryptocurrency circle is high risk, absolutely do not go all-in! Ensure stable income to cover living expenses to avoid being forced to liquidate.
5. Only choose top exchanges and wallets
Small exchanges have run away, frequent wallet vulnerabilities; funds must be kept on compliant platforms like Binance and Coinbase, and wallets should be trusted products like MetaMask and Ledger.
6. Staking platform coins + airdrop freebie
Staking platform coins from large exchanges (like Binance, OKX) is a guaranteed strategy; you can earn interest and gain new token quotas. Airdropped tokens ≈ zero-cost lottery tickets.
7. Keep up with industry trends to enhance understanding
Follow authoritative media like CoinDesk and Cointelegraph, join quality communities, learn about technology, economic models, and sector trends; cognitive gaps represent wealth gaps!
8. Only invest in projects with ecosystems and profitability
Token value relies on actual demand! Prioritize projects with active users and sustainable income (like public chains, DeFi leaders), and stay away from purely speculative air coins.
9. Diversify risks, scientifically allocate
Core assets (BTC/ETH) + potential sectors (Layer2, AI, DePin) + small positions to gamble on hot spots, with the ratio adjusted according to risk tolerance.
10. Regularly review and iterate strategies
Record each transaction, analyze the reasons for errors, and flexibly switch between bull and bear market strategies; refuse to lay flat without thought.
Three, advanced suggestions: 3 things that experts are doing
1. Participate in early ecosystem construction
New public chains and protocol airdrops often reward early users (such as Starknet, zkSync); interaction, testing, and staking can increase the probability of obtaining them.
2. Pay attention to on-chain data
Use Nansen and Dune to analyze whale wallets and fund flows; data is more reliable than news.
3. Establish stop-loss discipline
Immediately stop loss if a single loss exceeds 10%, refuse the fluke mentality of 'holding on to recover'.
Whether you're trading stocks, coins, or other markets, collectively known as the secondary market, the secondary market involves buying and selling different targets with funds, profiting from price differences by buying low and selling high. Many people say that trend shapes are very complex, and there are too many indicators, like MACD and Fibonacci, which seem very profound and impossible to understand. It's actually not that complicated; I want to tell you first: there are many indicators in the secondary market, but you don't need to know them all for trading. It's about precision, not quantity. It's like weapons; whether you're proficient in all types or not, you can still do well; you are a martial arts master!
For beginners, I strongly recommend not to learn various useless things randomly. Many friends in the circle and I have taken many detours starting from learning indicators, summarizing the most useful and practical indicators that are simple. Learning these, combined with the subsequent applications, will make operations easy.
Learning these indicators is enough: candlesticks, trading volume, transaction volume, moving averages, and remembering some basic patterns!
1. Candlestick: This is a very useful indicator and is the most straightforward; both rises and falls are represented by candlesticks. Candlesticks can range from 1 minute to 5 minutes, 15 minutes, and up to 1 day, 1 week, 1 month, or 1 year. The candlestick represents the price from the beginning of this time period to the end, forming a candlestick column. During this process, the price may touch high or low points above or below the closing price of the period, which is called a shadow. Taking daily candlesticks as an example, the candlestick formed reflects the price from the opening to the closing and the high and low points that appeared during the day.
Each trading platform in the cryptocurrency circle, such as Huobi, starts the new day's candlestick at midnight, while Binance, Gate, and most other platforms start at 8 AM. The closing times are, of course, the same. You can view the platform's candlestick and adjust it to the daily level to see the time.
Trading volume: Among thousands of market indicators, the one that is least likely to be manipulated is trading volume, which is also timely. This indicator is the most valued by mature traders as it is very useful for judging the behavior of main forces! Trading volume is represented by the bars below the candlestick, known as volume bars. The height of the bars indicates the volume of transactions, and the number of transactions will also be marked. Don't get it wrong; screenshot Binance's volume bars to see what signifies size!
There are only 3 simple and practical indicators, no need to bother with others, learning more is counterproductive. Many indicators have lagging and deceptive characteristics, so let's look at the roles of these 3 indicators.
Candlesticks are clear indicators of price fluctuations; if you buy and the candlesticks rise, you will definitely profit, while if they fall, you will incur losses. Regarding candlesticks, I will briefly mention that certain candlestick patterns indicate when to buy or sell. Generally, shadows can be referred to as golden needle probing the bottom or top. The appearance of long shadows above or below signifies the main force lifting the price for selling and washing out low positions. Avoid buying at upper shadows and selling at lower shadows! Let's look at the chart for reference:
Trading volume can be said to be an indicator to judge whether it is a real surge or a crash. If there is a huge surge, it is difficult to drop. The same applies to crashing; therefore, if there is unusual movement, trading volume adds more value.
Moving averages are generally support and resistance indicators. If you don’t know where to enter or where it will rise to, look at the moving averages.
Candlestick's buying opportunity - golden needle probing the bottom
This candlestick with a long lower shadow indicates that it dropped, and many sold off, then it went back up, completing the washout. The chips sold at low prices will not give them another chance to board, so the lower shadow is an opportunity for everyone to choose to go long.
Short opportunity for candlestick -- golden needle probing the top
This is exactly the opposite of the first case, with long upper shadows. The logic behind it is that after a rise, it immediately falls, trapping many people who bought at high prices. Those who bought at high prices are not given a chance to break even, so the probability of a deep decline is high; this is where everyone tries to choose opportunities to short.
Divergence patterns combined with trading volume - commonly seen are M tops and W bottoms.
The internal logic is that the same height is reached, but the trading volume is not sufficient; without enough capital to support continuous rises, that's an M top. Conversely, a W bottom occurs when there aren't enough chips to support a continued decline.
Moving average indicator - an indicator for entering the market in the direction of the trend.
Moving averages represent the weighted average price and time for chips built during a past time period; they provide guidance for buying within a trend. The moving average you see is the one built into the platform; you don't need to worry about the number of days since everyone sees the same indicators, which are the most useful indicators; this is a form of consensus.
Finally, let Kuige take you through an in-depth analysis of the underlying manipulators of 'platform coins'.
This is based on my long-term research on most coins in the market, focusing on the strategies used by manipulators rather than the technological white papers of the coins themselves. Understanding the habitual tactics of manipulators helps everyone make better buying decisions and manage profit-taking and stop-loss.
Platform coins can be said to be the 'strongest' coins at present; who are the most authoritative institutions in the cryptocurrency circle? Surely the exchanges! And platform coins are the 'children' of exchanges. Therefore, platform coins are certainly the strongest and most powerful. The rise of platform coins is directly related to the interests of exchanges; when Bitcoin rises, it generates revenue for exchanges, but when platform coins rise, it enhances the exchange's valuation!
It must be said that Binance is creative; it was the first to issue the platform coin BNB+, which rose to 250 times from private placement to its peak, which is very sharp. Later, platforms like Huobi and OK cannot miss the opportunity to issue their own coins, with HT and OKB peaking at less than 6 times, and Fcoin's platform coin also rose more than 10 times due to its mining mechanism. Recently, Gate has also launched its platform coin GT; in this environment, it should also perform.
In speculation, platform coins are a sector; when one platform coin rises, it will lead to the rise of other platform coins. This is the sector linkage effect in speculation; funds will follow and chase a sector, just like when Bitcoin rises, other mainstream coins rise too! So what are the speculation characteristics of platform coins?
One: Speculative hype; platform coin speculation is related to the actions of the platform, or more precisely, the dynamics of a certain platform; because as long as a platform makes an innovation, other platforms will follow suit. For example, recently, Binance launched IEO, highlighting the value of its platform coin, and then Huobi and OK followed with their own variant IEOs, using their platform coins to list smaller coins. For instance, Huobi implemented voting mechanisms for coin listings, and OK and Binance followed suit; FT engaged in mining, and other platforms competed to keep up. Thus, when a platform takes action, the entire sector of platform coins will move. If the platform does not innovate, the platform coin will be rather dull.
Two: Speculative cycles and durations: The speculative cycle of platform coins is generally related to platform innovations, and the rise will continue until this expectation ends or the market is accustomed to it, at which point it will stop. For example, during BNB's IEO, everyone saw the continuous rise from the start to the first listing; the second coin also had similar results. As everyone gets accustomed to it, the upward momentum of BNB diminishes, and the speculation ends. Additionally, when Huobi started the voting mechanism for coin listings and planned to promote public chains, once achieved, positive expectations turn into negative, ending speculation. Two charts illustrate this issue:
Three: Characteristics of platform coin speculation. Platform coins can act on leading logic; if the first one doesn't rise, then the sector can move together because when this platform releases news, rest assured that other platforms won't fall behind, otherwise their customers will be lost. By comparing the time of the price rise in the chart, we can see that after BNB's launch, HT can also be used to catch the doubling trend! The chart shows you how to proceed next! At that time, I told my fans that the leading BNB was strong, and other coins would definitely rise.
The following 15 points will help beginners quickly understand cryptocurrency knowledge
Important terms in the cryptocurrency circle that you must know (must-read for newbies) A glossary of terms about the cryptocurrency circle for friends just starting out.
1. What is fiat currency? Fiat currency is legal currency issued by the state and government, guaranteed only by government credit, such as RMB, USD, etc.
2. What does Token mean? Token is usually translated as certificate. Token is one of the important concepts in blockchain, known more widely as 'currency', but in the eyes of professionals in the 'chain circle', it is more accurately translated as 'certificate', representing a proof of rights on the blockchain and not currency. In the traditional value system, only things that can be recorded in the ledger can exchange value and circulate. Therefore, bookkeeping is the foundation of creating wealth. However, in the real world, the vast majority of things cannot be quantified; things that can be recorded are extremely limited. But 'Token' can. The magic of this is that Token can represent physical assets and virtual digital assets in a digital way.
3. What does airdrop mean? Airdrop is currently a very popular cryptocurrency marketing method. In order to provide potential investors and cryptocurrency enthusiasts with token-related information, the token team frequently distributes unknown tokens to the accounts of participants in the cryptocurrency circle, with the quantity proportional to the original token quantity. To receive more airdrops, one must purchase more tokens; this is a very effective marketing method.
4. What is candy? Various digital currencies that are free to distribute to users when they are first issued during the ICO phase are a form of promotion and publicity by the issuer for the project itself.
5. What does it mean to break issue? The issue refers to the issuance price of digital currency, breaking issue means that a certain digital currency has fallen below its issuance price.
6. What does private placement mean? It is a way to invest in cryptocurrency projects and the best way for the founders of cryptocurrency projects to raise funds for platform operations. Private placement is in contrast to public offerings, meaning fundraising is done privately, selling stocks (cryptocurrencies) to a small number of qualified investors without going through the public market to raise funds.
7. What does ICO mean? Initial Coin Offering, derived from the concept of Initial Public Offering (IPO) in the stock market, is the fundraising behavior of blockchain projects that use their own issued virtual currency in exchange for commonly used virtual currencies in the market.
8. What are the current trading platforms in the cryptocurrency circle? Binance, OKEx, Poloniex, Bittrex, Bitfinex, Kraken, Huobi Pro, Gate, etc. 1. Basic characteristics of virtual currency trading: (1) Trading time: 7*24 hours, no holidays. (2) No limit up or down: Virtual currency trading has no limit up or down; stocks have limit restrictions. For example, on May 28, Bitcoin's daily increase exceeded 20%. (3) Trading units: The minimum purchase is 0.0001 BTC (about 0.6 yuan), with no minimum trading restriction like stocks (100 shares). (4) Anytime trading: T+0, stocks are T+1 trading, meaning you can only sell the stocks you bought the next trading day. Virtual currencies can be traded on the same day. (5) No time limit on withdrawal and realization: High liquidity for withdrawing funds anytime.
9. The wallet concept can be simply understood as a personal bank card. If you are not comfortable keeping virtual currency on trading platforms, you can store it in your personal wallet. There are various types of wallets, such as wallets that correspond to a single currency (e.g., a wallet that only stores EOS) and wallets that can store multiple currencies, such as imToken and TokenPocket (abbreviated as TP wallet), with the latter being more versatile.
10. Positive/Negative news: All types of news that stimulate price increases are called positive news. Conversely, all types of news that cause currency prices to fall are called negative news, such as a trading platform being hacked and losing coins, or unfavorable information like government crackdowns.
11. Public chain / Private chain / Consortium chain: A public chain refers to a blockchain where anyone can participate in transactions and obtain valid confirmations. Most current blockchain systems belong to public chains, such as Bitcoin and Ethereum. Public chains are suitable for applications where everyone can join and maintain, such as mutual insurance. A private chain refers to a blockchain with writing permissions limited to a specific organization or group. Reading permissions can be made public or restricted to any extent. Enterprise-level applications can be developed based on private chains to help businesses realize on-chain operations, and the unalterable nature of on-chain information can enhance corporate social credibility and increase investors' confidence in businesses. Consortium chains are blockchains controlled by several organizations through a consensus mechanism, where the credit mechanism is maintained collectively. All transactions must be confirmed by a majority or all institutions to be recorded as valid blocks on the blockchain. Imagine a blockchain alliance formed by several socially credible financial institutions, each running a mining node that represents all participants in exercising their consensus rights to maintain normal growth and operation of the blockchain.
12. Rebound/Consolidation/Correction: A price rebound that occurs occasionally under the overall downward trend of digital currency prices is called a rebound, where the rebound magnitude is smaller than the decline magnitude. A correction is exactly the opposite; it refers to a temporary decline in the overall upward trend of prices. Consolidation means that the entire coin price is relatively stable, with small fluctuations and no wild ups and downs. 1. Arbitrage refers to transferring the same currency from a trading platform with lower prices to one with higher prices to profit from the price difference. 13. Leverage trading, as the name suggests, is using a small amount of funds to invest several times more than the original funds in the hope of obtaining several times the yield or loss, somewhat similar to gambling.
14. The basic principles of virtual currency transactions
(1) Market order: Transactions at the current market price; it can ensure that investors’ buy and sell instructions are executed in a timely manner, but at the same time, investors cannot predict the trading price before placing a market order, which carries a degree of uncertainty. Generally speaking, the more volatile the market, the greater the uncertainty risk of the market order execution price.
(2) Limit Order: Investors can set a buy price lower than the market price or a sell price higher than the market price. When the market price fluctuates to the set price, the transaction occurs. When the set price deviates significantly from the market price, it is likely to result in an inability to execute the order.
(3) The basic principle of transactions: 'Price priority, time priority' principle. A higher buying price takes precedence over a lower one, and a lower selling price takes precedence over a higher one. When the order prices are the same, the earlier order takes precedence over the later one.
15. Common professional terms explained in the trading process
Turnover rate: Refers to the frequency of buying and selling a certain cryptocurrency in the market within a certain time, which is the main indicator for evaluating the liquidity of a certain coin.
Market trading: Refers to buying and selling at the current price. Market transactions take priority; if you complete the transaction faster, you can use market trading.
Limit order: A transaction conducted at a specified price for buying or selling, also called a delegated trade or hanging order.
Wash trading: A trading technique used by manipulators. The specific method is to open accounts on multiple exchanges simultaneously, quoting trades back and forth between exchanges to manipulate the coin price.
Washing: It is a technique used by manipulators to artificially lower the price of a coin. The specific method is to first raise the coin price and then sell for profit. During this time, the main force often intentionally places large sell orders to suppress the price, forcing low-price buyers to sell their digital currencies to relieve upward pressure. This method makes it easier to raise the coin price.
Market protection: When prices are low and the coin lacks popularity, large holders buy the coin in large quantities to prevent its price from continuing to drop.
Bull market: Refers to a market trend showing a general rise, with a sustained upward trend and optimistic prospects. (In the cryptocurrency circle, mainly the rise of BTC leads other mainstream coins and the rise of altcoins)
Bear market: The opposite of a bull market, it refers to a sustained decline in market sentiment and a continuous downward trend. (What you are currently experiencing is a bear market. During this stage, the most important thing is to survive, followed by further actions like accumulating coins and bottom-fishing.)
Monkey market: I believe many do not understand this, it exists in the stock market. Why is it called a monkey market? Monkeys like to jump up and down, corresponding to the market's fluctuations. In the monkey market phase, the market is not easy to grasp (the mainstream might rise today and fall tomorrow, or some altcoins might rise while others plunge).
Main rising wave: Originating from wave theory, it refers to the longest-lasting wave during a market rise. This is also the most common situation in a bull market; if you catch the main rising wave, you will make a large profit. The opposite trend is sometimes referred to as the 'main falling wave'.
Steady decline: The overall market is showing a downward trend, but the trend often rises for two days and then falls for one day, always giving people hope but constantly disappointing them.
Waterfall: Refers to a sudden and sharp decline in the market, with several large red candles appearing in a short time, like a waterfall, making people feel pain and heartbreak. Some also call it a 'dive'.
Explosive growth: The market is affected by negative factors, leading to long-term stagnation, during which the market moves in a very suppressed manner. When the negative factors are fully realized or removed, the market will show explosive growth.
Washing: Large financial groups such as manipulators or project parties manipulate the market through funds, causing the market trend to rise and fall, scaring hesitant retail investors to achieve huge profits.
Accumulating positions: Generally achieved through wash trading to flush out retail investors, then the manipulators will take over the coins sold by the retail investors, increasing their own chips and controlling the market (usually done at low prices).
Controlling the market; it's very simple. I have a lot of money (the coins I hold account for a large proportion of the circulation), I can manipulate the market by just a few actions. The goal is very simple: make more money and trap more retail investors. Trapping a portion of the retail investors who lose money while exiting, and bringing in new retail investors, is like harvesting leeks, cutting once after another. The happiest are the manipulators.
Deceptive lines: Manipulators use candlesticks to create upward or downward trends, causing us to buy or sell, achieving their goal of harvesting.
Positive news: Also known as positive outlook. It primarily relates to favorable news. Most people believe that positive news will lead to rises; however, this is not always the case. Positive and negative news do not correlate proportionally with market rises but only exert a certain influence, serving to stimulate the market.
Negative news: Also related to the news, it generally refers to news unfavorable to the market. However, there is also such a saying in the market: 'When negative news is exhausted, it becomes positive news.'
Inducing buying: The price of a coin has been consolidating for a long time, and the likelihood of a downturn is significant. Most bears have sold their virtual currencies. Suddenly, the bears raise the price, tempting the bulls to believe the price will rise, causing them to buy in, only for the bears to suppress the price and trap the bulls.
Inducing shorts: After the bulls buy virtual currencies, they deliberately suppress the price, making the bears think the price will fall, causing them to sell. In the end, they fall into the bulls' trap.
Position: This is simple; the ratio of your account funds to the funds used to buy coins.
Full position: All account funds are converted into coins. What you often refer to as 'fully invested' or 'going all in' is a full position.
Average down: For example, you hold BTC, and then BTC drops. To lower your cost basis, you buy more BTC.
Adding positions: You hold BTC, believe in its development, and then buy more BTC while it rises. [Building positions] also called opening positions, refers to the act of buying a certain amount of coins with account funds.
Reducing positions: Expecting risks in the future, sell part of the coins held.
Lock position: Those who do futures leverage should know this. It's simple; if you do EOS futures leverage and buy a long position of 10,000, then open a short position of 10,000. Think carefully about your position.
Empty position: No longer participating, just watching. In the cryptocurrency circle, this can be understood as having only USDT in the account, with no other coins.
Light position: The funds used to buy the currency account for a very small proportion of the total funds.
Heavy position: The funds used to buy coins account for a large proportion of the total funds.
Half position: The funds used to buy coins account for half of the total funds. [Clearing] No longer playing, selling all coins, preparing to watch empty.
Take profit: After gaining a certain profit, sell all virtual currencies to secure profits.
Stop-loss: After losses reach a certain level, sell the virtual currencies held to prevent further losses [Consolidation] The market shows little fluctuation, with rises and falls around a certain range.
Rebound: The price of a coin rises during a decline due to technical support or capital intervention, turning the trend from decline to rise.
Reversal: The price of a coin falls to the bottom, having nowhere to fall, and the trend shifts from falling to rising. Commonly seen is the 'V-shaped reversal'. A rebound is the basis for a reversal, but the reversal magnitude is far greater than the rebound.
Over-the-counter trading: Many platforms also call it fiat trading. The platform acts as a guarantor, allowing merchants or individuals to directly trade with RMB to buy or sell mainstream coins or USDT. The trading is similar to Taobao (you understand). [Cutting losses] A nicer term for 'liquidating'. Some of you often do this: sell when it drops, fearing a further decline.
Stuck: You bought coins, and they dropped. You can't bear to sell, congratulations, this is called being stuck.
Breaking even: You bought a coin, it fell, you feel sad. After some time, it goes back up, and you break even; now you feel happy.
Missed opportunities: The market is bad, you buy. When the market rises, you wait and see. Perfectly missing out is called missed opportunities.
Roller coaster: You bought a coin, and it went up, making you excited, and you bragged to your friends, but after a few days it fell back down. It's like riding a roller coaster; it was just a thrill, and then nothing more.
Hoarding coins: You believe in the future development of this coin and want to achieve financial freedom by making it ten times, a hundred times, or a thousand times, so you buy a large amount of this coin and hold it.
Going long: Also known as 'bullish', buyers believe that the price of the coin will rise in the future, buying coins and selling them at a high price after the price rises.
Shorting: Also known as 'short selling', it is the opposite of going long. Sellers believe that the coin price will decline in the future and sell the coins they hold (or borrow coins from the trading platform), waiting to buy back at a lower price to profit.
Mining: The process of using computers, mobile phones, and other devices to run calculation programs to obtain digital currencies. Note: Mining will shorten the lifespan of the equipment.
ICO: Initial Coin Offering, derived from the concept of Initial Public Offering (IPO) in the stock market, is the financing behavior of blockchain projects using their own issued virtual currency in exchange for commonly used virtual currencies in the market.
Private placement round: Private placement refers to fundraising aimed at specific people, unlike public offerings which target the general public, like bank-sold funds; private placements are not publicly advertised.
Still the same old saying, if you don't know what to do in a bull market, click on Kuige's avatar, follow, and get free sharing of bull market spot planning and contract strategies.
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