The real secret to making money in the cryptocurrency market: it's not about staring at charts every day, but about letting 'time' be your trader!
When I suffered the heaviest losses, I lost 3 million in 3 days, became heavily in debt, and was on the verge of losing everything, I even lost the courage to 'survive'...
I started from scratch, deleted all signal groups, isolated myself to study hard, became a professional trader, obsessively worked on my skills, and researched until 3 AM every day. Today, my account has millions, aiming for a billion at the end of the year; this journey has relied entirely on a practical system that balances 'survival + profit'!
Now, I’m sharing this method and experience with you.
5 Key Core Factors for Retail Investors to Make a Comeback
1⃣ Insight into market sentiment and emotions, go with the trend.
Trading volume is the market's 'heartbeat'. When volume increases without a drop, it's a strong signal; be cautious if volume rises slowly. When prices rise, watch the volume closely; when they fall, monitor the breakdown. Understand the volume-price relationship, and the market will seem to open its eyes!
2⃣ Grasp critical price levels, use 'Fibonacci retracement' for precise positioning.
Support, resistance, and trendlines are essential tools for seasoned investors. When the price reaches a key level, take decisive action; if not, don’t touch it at all!
3⃣ Multi-dimensional time window to judge trends, rely on rhythm rather than feelings.
Use 1 minute for entry and exit, 3 minutes to observe trends, and 30 minutes/1 hour to determine the intraday direction. Get the rhythm right, and profits will come steadily; it’s not about luck!
4⃣ Stop-loss isn't a sign of weakness, it's for a comeback next time.
Though it's painful, stop-loss is a hard-and-fast rule! If a trade goes wrong, cut it immediately; without rules, you cannot expect to turn things around. Afraid of stop-loss? Then the market will eventually teach you a lesson through liquidation.
5⃣ Position management + incremental building of positions is your lifeline!
Divide your position into three parts: buy one part at the breakout of the 5-day line, buy another when it breaks the 15-day line, and go all-in when it stabilizes above the 30-day line. If it's neither up nor down, hold steady; if it breaks support, cut the position immediately and run! The same applies to selling; if it breaks the 5-day line, sell one part first, and if it breaks continuously, exit completely, never be soft-hearted!
Trading cryptocurrencies based on feelings will only lead to more losses; only by adhering to discipline and rules can there be a chance of recovery! In the cryptocurrency market, shortcuts lead to dead ends; only by taking the right path can you survive, and those who survive have the opportunity to double their investment!
Don’t let hesitation ruin your last chance!
Only by walking through the darkest night can you see the brightest morning light!
