Big data will not make random recommendations. If you see this one, it means you are lucky. Leave a message saying "Good luck is coming, everything will go smoothly, and things will get better and better." The results will be known within three months.
Brother Su has been trading cryptocurrencies for 10 years and suffered for 4 of them. He has learned one thing: cryptocurrency trading is all about simple repetition. When you reach the top of the mountain, you will suddenly realize it. Today, I will share the trading trend chart with those who are climbing the mountain below without reservation. I hope that all the dry goods below will help you understand the truth and essence of trading!
As the old saying goes, "A man cannot become rich without unexpected fortune, and a horse cannot grow fat without night grass." I believe many people enter the cryptocurrency world with the intention of making a fortune and reaching the pinnacle of their lives. However, due to lack of the right methods, things often go against their wishes, ultimately leading to both loss and loss. Therefore, many people begin to learn, such as buying books, researching, and learning from experienced people.
Let’s talk about what kind of people in the currency circle can master Bitcoin?
There are only two kinds of people: one is a person with vision, and the other is a person with understanding.
(1) People with vision can grasp the future direction, and people with insight can grasp the current big opportunities.
Ren tells everyone: You can only rely on yourself to constantly make mistakes and suffer losses, then take various detours, and cross the river by feeling the stones to get to where you are today.
(2) There are many ways to make money in the cryptocurrency world. You may not agree with some of them, but some people can make money.
His growth is exactly the same as yours. Without the strong roots laid in the previous years, he would not have the explosive growth period later.
Any success is never accidental.
(3) If you want to make stable profits, you must go through a bottleneck period of several years, half a year to learn technology, a year to practice execution, and a year and a half to practice mentality.
The most important thing is to minimize losses during the bottleneck period. If you are willing to spend time, energy, and good at summarizing, and have a good teacher to help you,
Life in the cryptocurrency world is much simpler when you have friends by your side. The stars shine brightly, as they always have. Visit our official account (Crypto Circle Sunny Day) and you'll definitely gain something. Helping others is like helping yourself. There are no bad markets, only bad trades. I hope we can keep going together, no matter how the market changes, and still be able to look back on the cryptocurrency world with a smile ten years from now.
Once you have seen the sea, all other waters are but puddles; except for Mount Wushan, all other clouds are but mounds. The above are some of my insights from the past 10 years of cryptocurrency trading. They are all heartfelt words. I have gone through many detours before slowly gaining enlightenment. Today I summarize and share with you, hoping that it will be of some help to your understanding and thinking about cryptocurrency trading.
From huge loss to huge wealth by speculating in cryptocurrencies!
1. About income
Suppose you have 1 million yuan. After a 100% return, your assets will reach 2 million yuan. If you then lose 50%, your assets will return to 1 million yuan. Obviously, losing 50% is much easier than making 100%.
2. Regarding Price Changes
For example, if you have 1 million yuan, and it increases by 10% on the first day, your assets will reach 1.1 million yuan. Then, after a 10% drop on the second day, your assets will be 990,000 yuan. Conversely, if it drops by 10% on the first day and increases by 10% on the second day, your assets will still be 990,000 yuan.
3. About Volatility
If you have 1 million yuan, earn 40% in the first year, lose 20% in the second year, earn 40% in the third year, lose 20% in the fourth year, earn 40% in the fifth year, and lose 20% in the sixth year, the remaining assets are 1.405 million yuan, and the annualized rate of return over six years is only 5.83%, which is even lower than the face value interest rate of 5-year bearer treasury bonds.
4. About 1% per day
If you have 1 million yuan and you leave the market if you can earn 1% every day, then after 250 days, your assets can reach 12.032 million yuan, and after 500 days your assets will reach 145 million yuan.
5. About 200% per year
If you have 1 million yuan and your returns reach 200% for five consecutive years, then your assets will reach 243 million yuan after five years. However, such high returns are difficult to sustain.
6. About 10 Times in Ten Years
If you have 1 million yuan and hope to reach 10 million yuan in ten years, 100 million yuan in twenty years, and 1 billion yuan in thirty years, then you need to achieve an annualized rate of return of 25.89%.
7. Regarding covering positions
Suppose you bought 10,000 yuan of a certain currency when it was 10 yuan, and now it has fallen to 5 yuan. If you buy 10,000 yuan again, then the cost of holdings in your hand can be reduced to 6.67 yuan, not 7.5 yuan as you imagined.
8. Regarding holding costs
If you have 1 million yuan and invest in a certain currency and earn a 10% profit, you can leave 100,000 yuan worth of chips when you decide to sell. This will reduce your holding costs to zero, allowing you to hold on to your position for the long term without any pressure. If you are extremely bullish on this currency and leave 200,000 yuan worth of chips, you will find that your profit will increase from 10% to 100%. However, don't get too complacent, because if the currency drops 50% later, you may still lose money.
IX. Asset Portfolio
There is a risk-free asset A (annual return of 5%) and a risky asset B (return of -20%-40%). If you have 1 million yuan, you can invest 800,000 yuan in risk-free asset A and 200,000 yuan in risky asset B. Then your worst return for the whole year is zero, and the best return may be 12%. This is the prototype of the CPPI technology applied to capital preservation funds.
Summary of practical experience: the "secret weapon" of trading strategy
After years of working in the cryptocurrency world, I've accumulated some practical trading strategies. The following tips are the result of my practical experience.
Admission
Test the waters in the cryptocurrency market and be prepared first; enter the market steadily and avoid being reckless.
Sideways
When the price goes sideways at a low level and hits a new low, it is the right time to buy the dip with a heavy position; when the price goes sideways at a high level and then rises again, sell decisively without hesitation.
Fluctuation
Sell when the price goes up and buy when the price goes down; wait and see when the price goes sideways and reduce trading.
Sideways trading means falling instead of falling. Hold on to your chips, as a rise may come in the next second. When it rises rapidly, be wary of a sharp drop and be ready to lock in profits at any time. A slow decline is a good time to gradually cover your positions.
Buying and selling opportunities
Don’t sell if it doesn’t go up; don’t buy if it doesn’t go down; don’t trade if it goes sideways.
Buy at the negative line and sell at the positive line, and do the opposite operation to stand out.
Buy when the market drops sharply in the morning, and sell when the market rises sharply in the morning; don’t chase high prices when the market rises sharply in the afternoon, and buy the next day when the market drops sharply in the afternoon; don’t sell your losses when the market drops sharply in the morning, and take a break when the market doesn’t rise or fall; be trapped and add to your position to protect your principal, as excessive greed is not advisable.
Risk Awareness
High waves are rising on the calm lake, and there may be bigger waves later; there will be a correction after a big rise, and the K-line will be in a triangular shape for many days.
For an upward trend, look at support; for a downward trend, look at resistance.
It is a taboo to operate with a full position, and it is not feasible to act alone; in the face of impermanence, you must know when to stop and seize the opportunity to enter and exit.
Speculating in cryptocurrencies is actually speculating on one’s mentality. Greed and fear are the biggest enemies. One must be cautious when chasing ups and downs, and only by remaining calm can one be at ease.
In addition to the mnemonics, I have also compiled several super practical trading methods, which can benefit you whether you are a novice or an experienced player.
Oscillating Trading Method
Most markets are volatile. Leveraging the market's trading range to sell high and buy low is the foundation for stable profits. Use the BOLL indicator and box theory, combining technical indicators and charts to pinpoint resistance and support levels. Follow short-term trading principles and avoid greed.
Trading method for market change breakthrough
After a long period of consolidation, the market will choose a direction, and chasing after the market changes can quickly make a profit. However, you need to have the ability to accurately judge market changes and maintain a stable mentality, neither greed nor fear.
Unilateral trend trading method
Once the market breaks out of a consolidation zone, a unilateral trend will form. Trading with this trend is key to profitability. When entering a trade during a pullback or rebound, refer to indicators such as candlestick charts, moving averages, BOLLs, and trend lines. Mastering these indicators will help you navigate the market with ease.
Resistance support trading method
When the market encounters key resistance or support levels, it often encounters resistance or support. Entering a trade at this time is a common strategy. Use trend lines, moving averages, Bollinger Bands, parabolic indicators, etc. to accurately determine resistance and support levels.
Pullback rebound trading method
After a sharp rise or fall, there will be a brief pullback or rebound, which can be used to easily profit. This is mainly based on the K-line pattern. A good sense of the market can help you accurately grasp the highs and lows.
Time period trading method
The morning and afternoon sessions have small fluctuations and are suitable for conservative investors. Although it takes a long time to make a profit, the advantage is that the market is easy to grasp. The evening and early morning sessions have large fluctuations and are suitable for aggressive investors. They can make profits quickly but are difficult and require strict technical and judgment skills.
I hope these experiences and insights can be helpful to you. Remember, in the cryptocurrency world, the most important thing is to maintain a calm mindset and strict operational discipline. I wish you success in your future investments.
Bitcoin trading, the big and small cycles determine the entry point, and the profit can be multiplied tenfold
We have talked about entry points in the trading system before. The choice of entry points is very important for trading.
Anyone with practical trading experience knows that if the market breaks out falsely, or the entry point is not good and the stop loss is too large, you can only reduce the entry capital. A big market trend often makes less profit.
Everyone needs to summarize their own entry method, not to mention those who enter the market casually based on their feelings.
The method I personally use more often is to combine large and small cycles to find entry opportunities.
Because we are doing trend trading, the method must include trend judgment, and secondly, choose the trading level according to your own trading style.
Therefore, what is recommended here is to make judgments based on three cycles: large, medium and small.
1. Big Cycle: Determine the direction and analyze the trend. Whether it is in a volatile or trending state, only invest in the start and continuation phases of the trend. When it is volatile, stop and wait...
2. Medium-term: Operation level, position level
3. Small cycle: entry level, stop loss level
Choose large, medium or small cycles according to your own operating habits.
The diagram below shows how to coordinate large and small cycles. In the industry, this is known as "follow the large, go against the medium, and follow the small."
The process of enlightenment in cryptocurrency trading is the same, from seven losses to two draws and then to one profit. It is nothing more than being able to focus on one thing and not be greedy for various profit models. Be firm in sticking to this trading system, and over time this system will become your ATM.
If you don’t have a good circle in the cryptocurrency circle and don’t have first-hand information about the cryptocurrency circle, then I suggest you follow me and I will take you ashore. Welcome to join the team!!!
#NewHighOfProfitableBTCWallets #USGDPDataOnChain #SOLTreasuryFundraising
