Meet a senior who started with 100,000 and has grown to 42 million. He said: The cryptocurrency market is an ATM, as long as you can control yourself!
In the crypto world, those who truly make money are always the ones who can 'see through emotions'.
I know a senior who entered with 100,000 and now has a market value of 42 million. He once said something that enlightened me: The crypto market is a battlefield of the mob; whoever can control their emotions can treat the market as an ATM!
This senior did not rely on insider information or high-frequency hedging, but instead utilized a highly disciplined strategy system and mastered emotional cycles, steadily earning the dividends of time.
He said the following mnemonic phrases are the 'essence' he has summarized from countless real trades:
Operating mnemonic for emotions & technology in parallel:
Entry strategy: Dip your toes in, advance step by step; only if you do not rush can you earn big money safely.
Horizontal market response: When prices are low and sideways, buy the dip without hesitation; when prices are high and sideways, sell everything decisively.
Volatility rules: Sell on highs, dare to catch the dive; watch and wait during sideways trends, minimize operations. Sideways for long, then a strong pull; fast rises lead to sharp falls.
Trading rhythm: Don’t buy on a dive, don’t sell on a high. Buy on bearish candles, sell on bullish candles; go against human nature to make money.
Essence of practical strategies:
Oscillation trading method: Suitable for 80% of market conditions, high sell and low buy within a range, combined with Bollinger Bands + support and resistance for steady profits without relying on luck.
Breakout trading method: After a long period of sideways movement, a breakout signals an opportunity. Identify key volume K-lines + patterns, and follow up immediately on the breakout.
Trend trading method: Once a trend starts, following it is the way to go. Move with the trend along the moving averages, avoid adding positions against the trend.
Resistance and support method: A must for technical traders! Strong reactions at key positions, using moving averages, trend lines, and Bollinger Bands for precise entry points.
Pullback and rebound method: After a big rise, there will be a fall; after a deep drop, there will be a rebound. Utilize K-line patterns, MACD, or volume to pinpoint emotional thresholds.
Time segment strategy: Stable in the morning, entice longs/shorts in the afternoon, explosive volume at night. Those who understand the rhythm know that time is a weapon!
Trading cryptocurrencies is not about who is smarter, but about who can endure. Control your hands, eyes, and mindset, and the cryptocurrency world can truly become your ATM.
