From an initial capital of 50,000 to achieving financial freedom today. Over the past six years of professional cryptocurrency trading, I have experienced significant ups and downs, from debt to financial freedom, a leap in class.
During this time, I have made money and lost money, traded meme coins, ICOs, mined—I've done it all. I have experienced countless pitfalls. Some say it’s a battle of long and short, but it’s more like managing one’s mindset. There are surprises and disappointments in this magical circle, a place full of charm. I have summarized countless operational methods and strategies. Ultimately, there is only one way to make money: keep it simple and blunt—buy in a bear market, sell in a bull market, and you’ll make a guaranteed profit.
Without further ado, let’s get straight to the hard rules:
1. A sharp decline is a touchstone for quality coins. If the market drops sharply but your coin only slightly declines, it is clear that the market makers are protecting it, refusing to let it drop. Such coins can be held with confidence; there will be rewards. #US Stock Tokenization
2. Once the main upward wave is formed and there is no significant volume increase, intervene decisively. Hold coins during a volume increase; if there is a decrease in volume and the trend is not broken, hold coins. If there is a volume drop and the trend is broken, reduce your position promptly.
3. If there is no price movement three days after a short-term buy, consider exiting. If, after buying, the price does not rise and instead drops, cut losses at 5% unconditionally. #Strategy Increase Bitcoin Holdings
4. If a coin has dropped 50% from its peak and has fallen for 8 consecutive days, it has entered an oversold channel, and a rebound is imminent, so you can follow in.
5. When trading cryptocurrencies, focus on the leading coins. Only trade the leaders, not the miscellaneous ones. The leading coins rise the most during a bull market and are the most resilient during a bear market. Don't hesitate to get in; trading often goes against human instincts. Don't buy just because something has dropped significantly, and don't avoid buying just because something has risen sharply. The more you fear buying, the more it will rise; the more you are eager to buy, the more it will drop. The strong remain strong. The key to trading leading coins short-term is to buy high and sell even higher! #Binance Alpha Launch
6. Embrace the trend and go with the flow. The price at which you buy is not about being lower, but about being more suitable. You won’t gain an advantage just because the buying price is cheap, as declines don’t have a bottom. Abandon junk coins; the trend is king.
7. Don’t let the excitement of profit cloud your judgment. Remember, the hardest part is how to sustain profits. You must analyze thoroughly to determine whether it was luck or skill. A stable trading system that suits you is the key to continuous profit.
