Of course you can! I know an old senior who entered the crypto circle with 100,000 yuan, and now it has a market value of 42 million. He once told me a phrase that enlightened me.
He said: "The crypto market is a crowd of clowns; you just need to control your emotions, and this market is a cash machine!"
My experience is that if you want to make money in the crypto circle, there are a few points:
1. Cognitive gap: If your cognitive dimension is high, you can make money. For example, doing doge in the lunch round, it’s because he draws lines better than the mouthpiece teacher.
Is it? No. Because his cognitive dimension is high, and his understanding of investing is several levels higher than most people, it can be seen from his understanding of doge a few months ago.
Prediction is the main driving force behind this round of doge's rise. Or Tony the fat guy +, have a higher understanding of trading than others, then...
You can make big money through trading.
2. Information gap: This is mainly reflected in some high odds plays that appear early in new narratives, such as mining and selling, grabbing wool, and fleece.
If others enter early, they can earn good returns. As for how to have an information gap, it’s rather long, and I won’t elaborate here; in the past, Weibo zero...
Some aspects are involved, and those with intention can find them.
3. Execution gap: Either work hard or have skills. When there is no cognitive gap and information gap, the gap in earnings between ordinary people is due to execution gap.
If you work hard or have skills, you can also make money. For example, doing it yourself, batch processing, making tools, etc., teacher Wang, the director, He Bi...
And playing NFTs, selling tools/using tools to earn are typical examples.
These three are the foundation, and they can also be combined; the cognitive gap combined with the execution gap, and the information gap combined with the execution gap, etc.
Top-notch content!
My wealth code:
My method of trading cryptocurrencies is very simple and practical. In just one year, I traded to eight digits, only doing this pattern, and only entering the market when opportunities are clear; no pattern, no entry.
Trading, maintaining a win rate of over 90% for five years!
1. Bullish engulfing pattern.
As the name suggests, the engulfing pattern refers to two candlesticks, with the second engulfing the first.
Their characteristic is that the first candlestick closes bearish, and the body of the second candlestick completely covers the body of the first candlestick, and the second...
The candlestick closes bullish.
The appearance of the bullish engulfing pattern indicates that, with control shifting from sellers to buyers, the market is highly likely to experience a bullish trend.
2. Bearish engulfing pattern.
The bearish engulfing pattern is completely opposite to the bullish engulfing pattern.
Their characteristic is that the first candlestick closes bullish, and the second candlestick's body completely covers the body of the first candlestick, and the second...
The candlestick closes bearish.
The appearance of the bearish engulfing pattern usually indicates that a bearish trend is about to occur, as market control gradually shifts from buyers to sellers.
3. Bullish engulfing pattern.
The bullish engulfing pattern consists of two candlesticks. The first candlestick is bearish, and its body is longer than the second bullish candlestick.
That is to say, the second candlestick must be completely contained within the first candlestick. Its appearance indicates that the downtrend may reverse, and the market...
The market will enter an upward trend.
Additionally, a small piece of knowledge is that "Harami" means "pregnant" in Japanese.
4. Bearish engulfing pattern.
In contrast to the bullish engulfing pattern, in the bearish engulfing pattern, the first one is a bullish candlestick, and the second one is a bearish candlestick, and the first candlestick is...
The second candlestick is long. The body of the second candlestick is completely contained within the range of the first candlestick's body.
The appearance of the bearish engulfing pattern indicates that the upward trend may soon end, and the downward trend may begin.
5. Bullish cross-bearish pattern.
The bullish cross-bearish pattern consists of two candlesticks. The first has a longer bearish body, the second is a doji, and the third is bullish.
Candlestick. Its characteristic is that the doji candlestick must be completely contained within the body area of the first candlestick.
The appearance of the bullish cross-bearish pattern indicates that prices have reached the bottom of a downtrend, and the market may soon enter an upward trend.
6. Bearish cross-bearish pattern.
In contrast to the bullish cross-bearish pattern, its first candlestick is a long bullish candlestick, the second is a doji candlestick, and the third...
It is a bearish candlestick. Similarly, the doji candlestick is completely contained within the body of the first candlestick.
The appearance of the bearish cross-bearish pattern indicates that the upward trend is coming to an end, and the downward trend is about to begin.
7, "Sandwich" candlestick pattern.
"Sandwich" pattern is a very interesting candlestick pattern because it looks like a "sandwich." The characteristic of this pattern is that two candlesticks...
A red candlestick surrounded by a green candlestick, and their opening and closing prices are not far apart.
The emergence of this pattern indicates that the market is in a stalemate, with both buyers and sellers hesitating.
8. "White Three Soldiers" pattern.
The white three soldiers candlestick pattern consists of three bullish candlesticks. In a downward trend, this pattern issues a strong reversal signal.
Signal indicating that the downtrend is about to end. This price pattern is relatively accurate for judging bullish trends and should not be ignored.
9. "Three Crows" pattern.
The three crows candlestick pattern is exactly the opposite of the three white soldiers pattern. This pattern generally appears in an upward trend and is formed by three bearish candlesticks.
Combined patterns usually suggest that the upward trend is about to end, and prices will reverse downward.
10. Tweezer top pattern.
This pattern is named because it resembles an inverted tweezer. The tweezer top candlestick pattern is a very useful candlestick pattern because it suggests that prices...
Prices are difficult to rise further.
This pattern consists of two candlesticks, with the first bullish candlestick encountering resistance and falling back, and the second candlestick retesting the previous candlestick's high point...
Encountering resistance and falling. Both candlesticks have long upper shadows.
11. Tweezer bottom pattern.
The tweezer bottom pattern is completely opposite to the tweezer top pattern. This pattern consists of one bearish candlestick and one bullish candlestick, both having long...
Lower shadow.
The appearance of the tweezer bottom pattern indicates that prices are difficult to decline further, suggesting that the market is about to experience an upward trend.
12. Morning star candlestick pattern.
The morning star candlestick pattern is somewhat similar to the engulfing pattern, but slightly different. This pattern consists of three candlesticks, with the first being a long bearish...
Candlestick, the second candlestick is a doji, and the third candlestick is a bullish candlestick. It is worth noting that the third candlestick will close at a higher price.
Closing, usually exceeding 50% of the first candlestick.
The appearance of the morning star candlestick pattern indicates that the market is about to shift into an upward trend.
13. Evening star.
The evening star pattern is exactly the opposite of the morning star pattern. The first candlestick is a bullish candlestick, the second candlestick is a doji, and the third is a bullish...
Bearish candlestick. It is worth noting that the third candlestick closes at a much lower level, usually exceeding 50% of the first candlestick.
The appearance of the evening star pattern indicates that the market trend is about to turn bearish.
14. Piercing line pattern.
The piercing line pattern consists of two candlesticks, with the first being a bearish candlestick and the second being a bullish candlestick, looking somewhat similar to the bullish engulfing pattern.
However, the piercing line pattern is not as strong as the bullish engulfing pattern.
In the piercing line pattern, there is usually a price difference between the closing price of the first candlestick and the opening price of the second candlestick. Then, the second candlestick...
Usually exceeding more than 50% of the previous candlestick. The appearance of this pattern is generally seen as a signal that prices are about to enter an upward trend.
15. Dark cloud cover.
The dark cloud cover candlestick pattern consists of two candlesticks, with the first being a bullish candlestick and the second a bearish candlestick.
The closing price of the second candlestick is within the range of the first candlestick's body.
The dark cloud cover pattern can only indicate that the trend is about to turn bearish when it occurs in an upward trend.
16. Bullish abandoned baby pattern.
The bullish abandoned baby pattern is a very rare top or bottom reversal signal. It consists of three candlesticks...
A long bearish candlestick, a small doji, and then a long bullish candlestick.
Two longer candlesticks are like parents, and the doji is the baby. Usually, there is a gap between parents and children, so it becomes the "abandoned baby" pattern.
Pattern.
When you see the bullish abandoned baby candlestick pattern, it may signal that the downward trend is about to reverse into an upward trend. It is worth noting that this...
This type of candlestick pattern is quite rare.
17. Bearish abandoned baby pattern.
The bearish abandoned baby pattern is exactly opposite to the bullish abandoned baby pattern, indicating that the upward trend may end, and the market is about to welcome a downtrend.
Conclusion.
The candlestick chart patterns can help us understand the market, to know who is currently in control of the market, whose strength is gradually weakening, and where the prices are...
Being resisted, etc. However, we strongly recommend traders not to overly rely on candlestick chart patterns, nor to rely solely on them.
Engaging in candlestick patterns for trading. You can use some trading indicators to assist in confirming candlestick signals, which can bring you better...
High profit potential.
Aze has been rolling around in the crypto circle for many years and has summarized many classic sayings, hoping to help both new and old non-professionals.
First, do not hold onto trades; the profits you hold onto will eventually be returned to the market because of "holding."
Second, do not guess tops and bottoms; profits gained by guessing will eventually be returned to the market.
Third, do not guess tops and bottoms, as it may still be halfway up.
Fourth, do not rely on news, as this is guessing tops and bottoms.
Fifth, do not easily exit when you are in profit, as you may run away halfway.
Sixth, do not get excited when you see large bearish or bullish candles, as they may just be a performance put on by the market makers for the retail traders.
Seventh, do not think that the market you see is the last wave of the market and act recklessly; as long as your capital is still there, there will be markets every day.
Eighth, do not trade frequently, as it can cause you to lose sight of the big picture and increase the likelihood of making mistakes, as well as raise trading costs, making it not worth it.
Ninth, do not go against the trend; if you are right, hold on tightly; if you are wrong, run quickly.
Tenth, do not buy low due to greed, nor sell high due to fear; if the trend has not changed, do not act rashly.
Eleventh, do not treat trading as a main job; do not watch the market. The time spent watching the market is inversely proportional to profit.
Twelfth, do not easily trust the opinions of others; in the end, you can only trust yourself the most.
Thirteenth, do not make big mistakes; failing to act is not a big mistake, and making mistakes as long as you stop loss is not a big mistake; only holding high leverage and ultimately cutting losses is considered a big mistake. No matter how many times you did right before, if you make one big mistake, all the previous rights become zero, and compound interest will stop.
Fourteenth, if you want to gain something in the crypto circle, you must stay away from people who drain your attention. This type of person is more common among women, and they spend all day chatting, which will only waste time and energy, ultimately achieving nothing.
Fifteenth, if you do not have enough cognition, even if you follow others, you will not be able to make money, because countless facts have proven that the market changes too quickly to keep up. In any investment market, slow is fast, and fast is slow. In the crypto circle, do not look down on investors with annual returns of 20%, as every year without dozens of times returns will always be looked down upon.
In fact, in the capital market, making money is inherently difficult; it's just that many influencers who flaunt profits daily are doing great harm, as their flaunting leads retail investors to believe that making money in the crypto circle is remarkably easy. Check the annual investment yearbook on the Shanghai Securities Regulatory Commission's website; you will know that an annual return of 20% can wipe out 95% of investors, which is no exaggeration.
Today's retail investors can learn from others to improve themselves, but it is fundamentally impossible to rely blindly on others to make money. You can follow others and learn from those you think are better than you, learning their strengths and understanding their trading ideas. But to follow completely without learning, this path is not feasible in any trading market.
Still the same thing; if you don't know how to act in a bull market, click on the old blog avatar, follow, and plan for spot trading in the bull market, contract passwords, and share for free.
