I went from 50,000 to the currency circle to earn 10 million, then to 8 million in debt, then to 20 million in profit, and now to financial freedom. In the past two years, from December 23, 2021 to August 6, 2023, I spent two years, holding less than 500,000, and made a return rate of 418134.86%, and made more than 29 million. Here are some practical and useful suggestions for people who have just entered the currency circle!
Currency circle contracts are like gambling, more addictive than drugs! As someone who has been there, I have been liquidated 3 times in 1 year, with 8 million in debt, and then spent three years paying off the debt + becoming worth tens of millions again. In the currency circle, using this method, making money is like drinking water, and the currency circle is an ATM!
If you also want to make coin speculation a second source of income, want to get a share of the pie in the currency circle, and are willing to spend time growing and learning, then don't miss this article. Read it carefully, every one is the essence of the currency circle.
Eight Basic Principles of Contract Trading (Beginners Must Learn)
1. The risk of each transaction must not exceed 10% of the trading principal, that is, 10% of the trading principal. It is recommended that novices be between 2% and 5%!
2. After entering the market, you must not blindly close the position due to lack of patience. The unfolding of the market takes time. Before the market proves that your operation is wrong, you must have enough confidence and patience.
3. Must be executed according to plan, never overtrade.
4. After trading correctly and making a profit, use the method of adjusting stop profit and stop loss as a guarantee, and boldly win more generous profits until the trend changes.
5. After entering the market, you cannot arbitrarily cancel the stop loss order. That is, after you enter the market, what follows you in this life is your entire trading process, which is an entire risk control process. Therefore, you must set up protection after entering the market, and it is strictly forbidden to run naked.
6. Avoid adding costs after a smooth transaction, that is, avoid adding positions.
7. You cannot arbitrarily change from a long position to a short position, which is a high-skilled operation.
8. Avoid arbitrarily increasing the code when buying and selling are easy. The probability of making mistakes is very high at this time because you are paralyzed.
So how can small funds become big?
Here, I have to mention the compound interest effect. Imagine that if you have a coin and its value doubles every day, then after a month, its value will be extremely amazing. The value doubles on the first day, then doubles again on the second day, and so on, and the final result will be astronomical. This is the power of compound interest. Although it is only a small amount of funds at the beginning, it can grow to tens of millions after a long period of continuous doubling.
At present, for friends who want to enter the market with small funds, I suggest focusing on big goals. Many people think that small funds should be used for frequent short-term trading to achieve rapid appreciation, but in fact it is more suitable for medium and long-term trading. Compared to making small profits every day, you should focus on achieving several times the growth in each transaction, using multiples as the unit, exponential growth.
In terms of position, you must first understand how to diversify risks. Don't concentrate all your funds on one transaction. You can divide the funds into three or four parts, and only use one part for each transaction. If you have 40,000 yuan, divide it into 4 parts and use 10,000 for trading. Secondly, you must use leverage moderately. Personally, I suggest that you do not use more than 10 times for big coins and 2 coins, and do not use more than 4 times for cottage coins. Furthermore, you must adjust dynamically. If you lose money, supplement the equivalent amount of funds from the outside. If you make money, withdraw it appropriately. Don't let yourself lose money anyway. Finally, you have to add positions, of course, this is on the premise that you are already profitable. When your funds grow to a certain extent, you can slowly increase the amount of each transaction, but don't add too much at one time, you have to transition slowly.
Potential coins are what most people want to get in the bull market, but for various reasons, they may be disappointed. There may be unknown coins that everyone has not paid attention to, or they may be pulled up after selling, or they may be taken over and fall after buying. For 100x coins and these unattainable projects, they are even more difficult to find, which is why more people are willing to turn their attention to mainstream coins, such as BTC and ETH, in the hope of obtaining the most basic dividends in the currency circle.
So how to find 100x coins?
Choosing Coins Using Market Value Ranking is a method that many people rarely pay attention to. Simply put, we select suitable tokens from the top 100 and invest in them. The top 100 ensures that the market value of the tokens will not be very low, so that large funds can enter safely. Some small projects may only need a little bit of funds for the main force to pull the market, but if you find it and buy it, it may lead to a rush to buy, and the main force may give up the project. Therefore, the advantage of choosing the top 100 projects is that the main force will not give up the project because a small number of people rush to buy.
This can also be regarded as resolving potential negative factors. So how to choose?
Here are three points to follow:
First, the project is within the top 100, because new projects generally slowly enter the top 100 from outside the top 100, instead of directly coming up, so this process must have a main force making the market and pulling the market. These operations.
Secondly, it is a new project in the past two years, and here we must emphasize that it is a new project, because old projects may have already had a wave of hype, so the selling pressure will be greater and it will not be easy to pull up again.
Thirdly, the project has a good background. This background includes the project team, the total amount, the circulating supply, and the token distribution. Basically, there is not much selling pressure or hidden danger. This is also the due diligence process that must be done when reviewing a project.
Because the top 100 coins generally go up first and then down, that is to say, the market value of new coins is constantly rising in the bull market, while the market value of old coins is in a downward trend. The most intuitive thing is the top ten rankings. In the previous bull market, coins such as Ripple, Dogecoin, EOS, and Litecoin have all entered the top ten or even the top three, but many have now fallen below the top ten or even the top 100, while coins such as TON and KAS are moving step by step from outside the top 100, and they are all new faces without exception.
The top ten or even the top one hundred need to be constantly innovated, which is also an important criterion for our selection. Through these three steps, we can screen out good coins. What are some coins worth paying attention to at present? KAS is currently a rare mining coin with a constantly rising market value, and it is also rising step by step. Miners are very optimistic about its performance, and the returns for investors are also good, which also meets the rules for new coins in recent years. TON is a relatively popular project this year, and of course, the token market value has also soared all the way to the top one hundred, and it also meets the requirements of new coins and good background. Similar coins, such as SUI and APT, ARB and OP, etc., but the current market environment is not good, so the price is also in a suppressed state.
Some others may meet the requirements, but we also need to filter them out, such as the following coins:
PEPE, WIF, etc.: Because they are meme tokens, the speculation itself is heavier, that is to say, they are purely speculated up, and the price is likely to fluctuate violently due to market fluctuations. Therefore, if you are pursuing stability, it is recommended not to choose this type of MEME token. Some popular and strong tracks have been sorted out for everyone, and it is recommended to collect them! (Where there is heat, there is hot money)
1. SOLANA Track JTO: SOL ecological low market value potential. WIF: SOL's new favorite, unlimited potential! RAY: SOL's star of tomorrow, not to be missed!
PYTH: Oracle, benchmark LINK. JUP: SOL ecological decentralized exchange, the trading volume is not worse than uni.
2. BRC20 Track ORDI: Missing him means missing the big pie ecosystem. SATS: Potential. RATS: High Consensus
3. MEME Track PEPE: The new darling of the MEME world, full of momentum!
SHIB: MEME's legend, undiminished popularity!
BOME: MEME's new force, rapid momentum!
BONK: SOL ecological meme leader
WIF: Miracle Leader
4. AI Artificial Intelligence Track AGIX: The leader in AI, promising future!
FET: AI dark horse, broad prospects!
WLD: New force in AI, worth paying attention to!
ARKM: Altman investment, low market value. 5. RWA Track ONDO: The leader in the RWA field, the first choice for investment!
POLYX: RWA's rising star, not to be underestimated!
TRN: RWA hot project, unlimited potential! RIO0: RWA dark horse, promising future!
I will share another set of my own years of practical strategies, with an average win rate of 80%, which is a rare achievement in the currency trading world.
It can be said that I have used 80% of the methods and techniques in the market. The most practical in actual combat - MACD tactics, is one of the essential skills for short-term and swing trading, and is also the simplest and most practical short-term tactics. It is also practical when used in contracts.
30%-50% profit per month. Always effective!
Market Meaning
I. Market Meaning of Double Moving Average
1. Positional Meaning
1. When the double lines are above the 0 axis, it represents a bullish trend; below the 0 axis, it represents a bearish trend.
2. Double line crossing up and down the 0 axis is used as a basis for judging the general trend of the current market.
2. Double Line Crossover
There are too many signals for crossovers and death crosses in small cycles, so it is best not to use them alone.
II. Market Meaning of Volume Bars
Long-short watershed: 0 axis is the long-short watershed, above the 0 axis is biased towards the long side, below the 0 axis is biased towards the short side;
2. Bullish Trend Following:
The volume bars on the 0 axis change from small to large, which is a bullish trend, and the market shows an upward trend.
3. Bullish Callback:
The volume bars on the 0 axis gradually decrease from large, which is a bullish callback, and the market shows an upward trend adjustment.
4. Bearish Trend Following:
The volume bars below the 0 axis change from small to large, which is a bearish trend, and the market shows a downward trend.
5. Bearish Rebound:
The volume bars below the 0 axis change from large to small, which is a bearish rebound, and the market shows a downward trend adjustment.
Comprehensive Meaning
1. Long-short Balance
The moving average is close to the upper and lower rings of the 0 axis, and the volume bars are distributed in sporadic small volume bars. At this time, the market is likely to show shocks.
2. Divergence
Divergence is a signal of momentum exhaustion. Effective divergence refers to the double lines and volume bars diverging at the same time.
3. Trend Continuation
Upward trend + volume bars always above the 0 axis, indicating the continuation of the upward trend; downward trend + volume bars always below the 0 axis, indicating the continuation of the downward trend.
"MACD" 8 Major Entry Points
I. Entanglement Theory
First and Second Types of Buying and Selling Points
First Type of Buying Point
Trading Principles:
Bottom divergence + golden cross as a buying point;
Top divergence + death cross as a selling point.
Second Type of Buying Point
Trading Principles:
The double line runs above the 0 axis for the first time;
The first callback pulls the double line near the 0 axis;
After that, the first golden cross is formed on the 0 axis to buy.
II. Trend Judgment Trading Method
Trading Principles:
Determine the trend in a large cycle;
Enter the market in a small cycle.
Analyze from the weekly line and the daily line. The large cycle is biased towards the long side, and the daily line has a short-term callback. Our trading strategy is that if the daily line goes short, it can only be a callback, or wait for the daily line to return weakly and then go long along the weekly line.
We can find entry points on small cycles, such as 1 hour or 4 hours.
III. Trading Principles of Volume Bar Position Trading Method:
1. The moving average is close to the upper and lower rings of the 0 axis;
2. Volume bars are distributed in sporadic small volume bars;
3. Enter the market when the price breaks through.
The MACD indicator's volume bars shrink and the moving averages wind around the 0 axis, indicating that the bulls and bears are in a balanced state, consistent with the consolidation and fluctuation of the K-line, which is a form of energy accumulation.
Therefore, when the form of the MACD indicator's volume bars is consistent with the classic form of the K-line, such as the narrow range consolidation of triangles, flags, etc., once the narrow range fluctuation form is broken, it is often a good opportunity.
IV. Trading Principles of Key Position Trading Method:
1. Key support and pressure level;
2. The K-line shows a needle penetration signal;
3. The volume bar changes from positive to negative, go short;
4. Volume bars change from negative to positive, go long.
V. Secondary Red and Green Trading Method (Air Refueling Signal)
Trading Principles:
1. The first wave of rising volume bars should not be too large or too small. The corresponding K-line price form is best in an attack form;
2. The first wave of positive volume bars gradually increases from small to large and then gradually decreases, but it shrinks to a certain extent and does not produce negative volume bars, but the positive volume bars are enlarged again and continue to show a gradually enlarged form.
VI. Buddha's Hand Upward
Trading Principles:
After the double-line golden cross, it goes upward with the commodity price, and then the price回调;
2. After the double lines return to near the 0 axis, the DIF line immediately turns upward, forming a Buddha's hand upward shape.
VII. Main Rising Wave Trading Method Bearish Main Rising Wave Trading Principles:
1. The MACD volume bar is always above the 0 axis, and the price shows a sustained rise;
2. The MACD volume bar is below the 0 axis for the first time, and the price has a 1-wave callback;
3. The 2-wave volume bar is smaller than the 1-wave volume bar;
4. When the 2-wave callback is made and the MACD volume bar is shortened or magnified again, enter the market to go short on the 3-wave.
The same is true for the main upward wave.
VIII. Divergence + Pattern Trading Method
Trading Principles:
MACD divergence occurs;
Trend breaks.
Divergence does not mean reversal, it can also be accumulating power, and there will be divergence after divergence, so it is easy to be deceived by using divergence to leave or enter the market.
But we can use macd + price trends to judge the turning points of the market.
I rely on 50% positions to steadily trade coins, and my monthly income can soar to 70%.
10 Iron Laws of Trading Summarized by Old Leeks in the Currency Circle, Never Be Emotionally Attached to Assets!
1. Never trade revengefully. After I complete a trade, whether it's a profit or a loss, I stick to it. I close the chart and don't open it again for 24 hours. This prevents me from making revenge trades. There's a reason we close trades, which means there's no reason to re-enter immediately. Revenge trading is a major cause of loss for emotional traders. This is especially crucial when trading Bitcoin with leverage. Cryptocurrency traders look at Bitcoin charts for many hours a day, making it difficult to leave and not re-enter after a loss.
2. Avoid trading cryptocurrencies on weekends. Cryptocurrency markets are often volatile and have low trading volume on weekends. This makes it difficult to predict price movements. Crypto whales can manipulate prices more easily with low liquidity. This puts individual traders at a distinct disadvantage. In addition, weekends are a time to de-stress and have fun, and should be spent away from charts to get some rest.
3. Only trade during specific time periods. I can only trade when I am sitting at my desk with full concentration. The cryptocurrency market is open 24/7, so we can't keep an eye on it all the time. I have set trading hours for myself, and only at this time will I check the market. This avoids the urge to constantly stay in touch with the market and my phone, allowing me to be with my family and do other meaningful things.
4. Never be emotionally attached to assets. If you fall in love with an asset you want to trade or invest in, it can lead to poor decision making. Emotionless trading means that trading is not affected by subjective factors. People tend to emotionally like certain altcoins, teams, or projects. This is good for investors, but it is a potential disaster for traders.
5. Keep it simple and stupid. This is one of my firm rules. When I was a beginner, I would check multiple indicators, news sources, and patterns to try to find the best trading method. This often leads to over-analysis. When I see an opportunity to trade on the chart, understanding the stop loss and position size is far more important than the timing of entry and exit.
6. Only trade when you are in a peaceful state of mind. This is key. I don't trade when I'm feeling angry, tired, or stressed. I must trade with my best judgment wholeheartedly when I am calm and composed. Life outside of trading is key to maintaining the right mindset. Spending time with family and friends, reading, and participating in sports are all key to my trading success.
7. Keep a journal. Journaling is boring and tedious. It's also important because it helps us avoid making the same mistake twice. I have to remind myself to slow down, stop looking at charts, and take the time to record as much information about my trades as possible.
8. Simulate trading every day. I still conduct simulated trading regularly. I simulate trading Bitcoin and some altcoins every day, which can avoid risks and test new ideas and indicators.
9. Don't blindly chase the decline. It is unwise to try to perfectly copy the bottom. You should wait for a safer signal of trend change confirmation. Trading in a trend is much less risky than trying to buy low and sell high.
10. Don't overtrade. I've found that the fewer times I trade, the more money I make. Even if there are many opportunities in the market, I try to keep the number of open trades to less than 3. Managing the risks of multiple trades is much more difficult, because if each trade is against you at the same time, you may suffer a significant loss.
The above is the trading experience that Xiaoxun shared with you today. Many times you lose many opportunities to make money because of your doubts. You don't dare to try boldly, to contact, to understand, how can you know the advantages and disadvantages? You can only know the next step after you take the first step. A cup of warm tea, a word of advice, I am not only a teacher, but also your friendly friend.
Meeting is fate, and knowing each other is a blessing. Xiaoxun firmly believes that people who are destined will meet thousands of miles away, and those who have no share will pass by each other by fate. The road to investment is very long, and the gains and losses at one time are just the tip of the iceberg along the way. You must know that the wise man will inevitably make a mistake if he thinks a thousand times, and the black man will inevitably gain something if he thinks a thousand times. No matter how the emotions are, time will not stop for you. Pick up the boredom in your heart, stand up again and move forward.
Playing around in the currency circle is, to put it bluntly, a contest between retail investors and dealers. If you don't have cutting-edge news, you don't have first-hand information, you can only be harvested! I want to be Teacher Langlang in the currency circle, focusing on sharing useful and diverse professional knowledge in the currency circle for many years. People who are destined will not be saved by you if they have money, so who will save you? Follow the public account [Cognitive Coins] and take you to unlock those things in the circle and clear the misty cryptocurrency market. I don't advocate touching contracts, I don't get involved in fund disks, I don't get involved in pyramid selling disks, I only hope that our meeting is full of friendship.
The martial arts secrets have been given to everyone, whether you can become famous in the martial arts world depends on yourself.
You must collect these methods and read them many times. Friends who think they are useful can forward them to more coin speculators around you. Follow me and learn more currency circle tips. After being rained on, I am willing to hold an umbrella for the leeks! Follow Xiaoxun, let's work together on the road of the currency circle!$BTC $ETH
