If you want to make money in cryptocurrency trading, you don't have to be a genius! Sometimes, the simplest methods can help you survive and make money.
I was born in the 90s and have been in the crypto world for 9 years. In the first few years, I also mindlessly chased trends, and what was the result?
The over one million my parents saved through hard work was completely lost! Unwilling to accept this, I borrowed 500,000, and still ended up losing everything. My family was on the brink of collapse, my wife argued with me every day, and even wanted a divorce.
During that time, I stood on the edge of a tall building countless times, contemplating ending it all.
But I was unwilling! I told myself: it wasn't the market that killed me, but my failure to grasp the real way to play!
Later, I quit my job, fought with my back against the wall, and focused on studying the market.
I began to learn:
Control my positions, no more all-in bets;
Follow the trend, instead of stubbornly going against it;
Plan my trades, rather than opening positions based on emotions.
Just like that, from the initial losses, I borrowed 200,000 in capital and managed to turn it into 47 million over 8 years!
Wealth returned, dignity returned, and even my wife completely changed, being very obedient to me.
In short: What money can solve is not a problem!
Let me tell another story: Dale Wood started trading forex in 2007. For 17 years, he focused on one thing - Price Action.
He does not rely on indicators, does not use EA, and is not disturbed by all sorts of mixed signals. He only looks at the market's most genuine fluctuations and makes decisions based on price trends.
With this method, he has earned substantial profits in trading and has become a figure that countless traders follow.
He once said: "Price Action is the real way of trading!"
Why are so many people obsessed with Price Action? Because it is the underlying logic of trading:
When will trends change? Price will tell you. Which levels are support/resistance? Price will tell you. Which are false breakouts, and which are real starts? Price will tell you first!
Institutional traders almost all use this. If beginners want to survive and truly seize money-making opportunities, learning Price Action is the way to go.
Brothers, stop blindly chasing trends and randomly adding indicators!
Behind the market, what can truly make you rich is understanding price, controlling positions, and rolling profits.
This is the core strategy that can help you turn your situation around!
