I am a post-90s individual, 32 years old this year, currently living in Changsha, with two houses—one for my family and one for myself. I have spent 8 years in the cryptocurrency world, turning an initial investment of 300,000 into tens of millions. This is the simplest method of trading cryptocurrencies, allowing you to maintain 'everlasting profits,' rolling over in 4 months to achieve a 400-fold return! Make it 20 million!
Trading cryptocurrencies for 2880 days, achieving a maximum return of 400 times, here are some experiences from my 2880 days.
1. There are opportunities everywhere in a bull market, but if you are greedy and try to seize every chance, it will not end well. Although the bull market generally rises, speculation still revolves around specific sectors. Moreover, if a cryptocurrency surges, it will drive speculation in its sector. Conversely, if you catch the rise of a particular sector, it is enough to make a fortune. If you're lucky enough to catch two major waves during sector rotation, the wealth you can gain is unimaginable.
2. There are some basic rules in the cryptocurrency world - buy new, not old; investors prefer novelty, so keep up with the latest market trends. Big trends bring big opportunities. - Do not go all-in on contracts, and avoid high-leverage contracts. If you really want to play, never exceed five times leverage, and set strict stop-loss orders! The best approach is to avoid contracts altogether! Otherwise, you are likely to incur heavy losses! - The cryptocurrency market often follows a four-year cycle; you must sell all altcoins at the peak of the bull market, or else the decline in altcoins during a bear market can reach as high as 90%! - The market plays on expectations; once expectations are realized, the positive/negative effects will end. - For small to medium investments, choosing well-known exchanges like OKEx is sufficient. If your amount exceeds 1 million USDT, consider using a cold wallet.
3. Trading Strategy Recommendations Instead of chasing hot trends, focus on solid projects/sectors for potentially higher returns. Hot projects often have fully valued market caps, so they may fail. Non-hot sectors may present high-multiplicity opportunities. Choose projects that have market recognition but are not universally favored as key research targets, thus offering high potential returns and low risks. It is not advisable to go all-in on one sector; it is better to choose three to four sectors, positioning two cryptocurrencies in each—one leading coin in a sector to capture beta returns and one lower market cap, high potential coin to pursue high yields.
Open positions at the end of a bear market, increase positions at the beginning of a bull market, and exit at the end of a bull market. A bear market may last about a year before entering a consolidation period, during which you should work or pursue your own business; do not let yourself be idle. During a bear market, there won't be too many good trading opportunities, so don't open positions just because of impatience.
