How Beginners in the Cryptocurrency Market View Candlestick Charts for Entry
In the cryptocurrency market, using candlestick charts to determine entry timing is an important technique in technical analysis. Below are some methods for judging entry timing based on candlestick charts: 1. Identify Trends • Upward Trend: If multiple bullish candles (green) appear consecutively on the candlestick chart, and each bullish candle's closing price is higher than the previous one, it indicates that the market is in an upward trend. • Downward Trend: If multiple bearish candles (red) appear consecutively, and each bearish candle's closing price is lower than the previous one, it indicates that the market is in a downward trend. • Trend Reversal Signals: Certain specific candlestick patterns such as hammer, inverted hammer, morning star, engulfing patterns, etc., typically appear during trend reversals and can serve as entry signals.
Little-known facts about the cryptocurrency world that no one tells you
4 little-known facts about the cryptocurrency world that no one tells you 1. The cost of averaging down is not what you think Assume you bought $10,000 worth of a coin when it was $10, and then it dropped to $5, so you bought another $10,000. Do you think your average cost is $7.5? Wrong, it's actually $6.67. Why? Because you bought more coins at $5, which lowers the overall average cost. Many people make mistakes in their calculations; don't be fooled by surface numbers. 2. Earning 1% daily can multiply your money tenfold in a year, it's not a dream If you have $100,000 and only take profits of 1% daily, after 250 trading days in a year, you could reach $1.32 million. If you persist for another year, it could exceed $10 million. Sounds outrageous? You can calculate it yourself; this is the power of compounding. But the real difficulty isn't the calculation, it's the discipline of 'walking away after earning 1%'.
Bitcoin Selling Strategy for the Second Half of the Year
Many friends believe that many new factors have emerged in this cycle, leading to the absence of cycles, or that it is akin to carving a boat to seek a sword, and historical data no longer has reference value. Of course, I think this view is also valid, which is that we enter an eternal bull market, continuously rising, allowing for ongoing purchases and regular investments, with a long-term hold. The author believes that the possibility of cycles being effective is higher, as the essence of their existence is the Bitcoin halving mechanism, hence my strategy is based on cycles. I am primarily a spot trader and can only provide analysis from the perspective of spot trading. In this round, the peak of Bitcoin is likely to occur in the fourth quarter; it is uncertain which specific month, and according to the cycle, 2026 is when we should start entering a bear market.
Beginner's Guide to Cryptocurrency | Avoid 99% of Pitfalls!
1. Basic Understanding: Grasp the 3 Core Concepts
Blockchain: A globally public 'ledger', data is transparent and immutable, forming the basis of technologies like Bitcoin and Ethereum. Mainstream Cryptocurrencies: Bitcoin (BTC): Digital gold, the preferred choice against inflation, with lower long-term holding risks. Ethereum (ETH): A smart contract platform that supports ecosystems like DeFi and NFTs. Key Terms: Gas Fee: On-chain transaction fee, must confirm real-time rates before transferring. DeFi/NFT: Decentralized finance and digital asset certificates, recommended to start experiencing from staking and exchanges.
The Way to Make Money in Cryptocurrency and Core Thresholds, Cognition is Key!
The alliance is now vigorously integrating into the cryptocurrency circle, WEB 3.0, and blockchain. This is not just about the fusion of technology; more importantly, it is about the fusion of ideas, requiring us old data trade people to keep up with the development of the times, otherwise being eliminated is inevitable. As someone who has not been exposed to the cryptocurrency circle, I am undoubtedly a newbie, and I might also become a guinea pig. If you want to continue playing, paying tuition is inevitable, so you must constantly learn new knowledge to avoid paying too much tuition. I hope everyone can grow in this process to prevent falling multiple times! Therefore, I share with you what I have learned and found suitable, hoping you can take fewer detours!
1. The ultimate destiny of any asset in the financial market is to serve trading value, rather than to serve ordinary people by giving them the opportunity to invest in good enterprises and make money (that’s just a byproduct). Bitcoin, driven by narrative value and technical value, has fostered market consensus, and after decades, it has become a giant, ranking among the top ten global assets. Those who still expect Bitcoin to eventually go to zero need to wake up; it possesses extreme anti-fragility compared to any company in the market, and with just a small fraction of people's recognition, it has reached its current market value. In the coming years, it is expected to develop with an annualized return of 15-30%.
1. If you haven't learned the logic and cognition of trading coins, try not to trade coins. Buying altcoins and playing contracts won't make you money in the crypto space. Engaging in arbitrage with an information advantage, like shorting small coins, can earn you tens of thousands each month. Participating in new projects or small-cost investments can also work; with good luck, you might earn a few thousand. In fact, this is all a mining mindset. I have observed the crypto space for a long time. Those who become big players and make guaranteed profits do it through mining and issuing coins. Making a lot of money by trading coins is mostly based on hearsay and what others show; logically, it cannot be verified. The final conclusion boils down to timing and luck, and luck tends to concentrate in the hands of a few, likely not you or me.
Earning two 50% returns in the crypto world in a year is very simple.
1. Many people lose money in the crypto world primarily because they have unrealistic expectations, like wanting 10x or 100x returns in a year, which inherently carries enormous risk. However, people often forget about the risks due to emotional tides, investing everything, and ultimately getting cut off, leading to repeated losses that reduce their capital time and again. To recover losses, they play contracts or engage in risky PVP trading, eventually losing even more. You might see others making money through contracts and PVP, but their approach is different. They might start with little money—like 1,000 or 500 yuan—and grow it significantly, while you are using a larger asset to play, which can lead to a crumbling mindset. Building a healthy mindset takes one to two years, but it can be destroyed in just five minutes with a market crash.
The time period for making big money in the crypto world is only 4%
The past crypto market had a four-year cycle, transitioning from bear market to bull market, 48 months, but the real time when you could make big money during a surge was only 2 months, which accounts for only 4% of the entire cycle. Most of the time is spent waiting in boredom. Many people think the crypto world is like this: I go in and watch the market day and night, spending time collecting various information, sometimes going long and sometimes short, analyzing and toiling hard just to make money. If making big money were that easy, just look at the hard-working people in the world, working day and night, putting in the most effort yet earning the least. You’ll understand.
Understand the crypto world and navigate it successfully.
1. Speculating on cryptocurrencies: The thrilling game of speculating on cryptocurrencies is the most common way to make money in the crypto world, with the core idea being to buy low and sell high, profiting from price fluctuations. It's exciting, but the risks are high. 1. Short-term trading: Quick in and out. Short-term trading involves closely monitoring candlestick charts to capture short-term fluctuations. For example, buy Bitcoin at $60,000 and sell at $65,000, making a few thousand in profit. You need to understand technical indicators (like RSI, MACD) and market sentiment. A friend of mine chased high prices in 2021, only to see the price crash and suffered huge losses. Short-term trading requires discipline; set stop-loss orders and avoid greed. 2. Long-term holding: Zen-like HODL. Long-term means buying coins and holding them for a few years until they double in value. Choose mainstream coins like Bitcoin or Ethereum, or potential projects like Solana or Polkadot. In 2018, when Bitcoin was at $3,000, a friend bought 5 coins; by 2021, they rose to $60,000, making a 30x profit. For long-term holding, research the project's white paper, team, and community; avoid buying 'worthless tokens.'
How do I make money in the crypto space? It can actually be summarized in six words: information asymmetry + execution ability. Many people think making money in the crypto space relies on 'insider information' or 'high-frequency trading', but in reality, the vast majority of profitable individuals rely on stable methodologies and an understanding of market rhythm. Below, I will briefly break down my path: First, survive before talking about making money. When I first entered the crypto space, like many newcomers, I chased trends, heavily invested in altcoins, and frequently changed coins, resulting in significant losses. Later, I realized that risk control is more important than profit. The most basic principle is:
Tip 1: Trading requires 'honesty' You might think trading has nothing to do with 'honesty', but many people flaunt their profits when they make money, while hiding their losses — this actually shows a lack of understanding: losses are also part of trading and equally important. Be honest about each trade, accept profits, but also face losses to truly learn from trading. Tip 2: Trading requires 'following the rules' 'No rules, no boundaries' is perfectly applicable in trading. Trading has its own rules, and violating them may come at a cost. For example, you can't place orders based on mood, and you can't act impulsively to chase trends; you need to be clear about your limits — when to take action and when to hold back, that is the rule.
In this article, I will share in detail several core ways I make money in the crypto space, including: 1. Spot investment: How to select coins, accumulate coins, and earn long-term profits. 2. Contract trading: High-risk strategies behind high returns. 3. NFTs and Meme coins: How to seize short-term wealth opportunities. Finally, I will also summarize my loss lessons to help everyone avoid pitfalls. 1. Spot investment: Long-term accumulation of coins to earn trend bonuses. 1. Why is spot trading the safest way for ordinary people to make money? • Low risk: As long as the right assets are chosen, in the long run, mainstream coins like Bitcoin and Ethereum will definitely rise.
Learn these, and the crypto world will no longer be so high and mighty
Every day you can hear about someone getting rich in the crypto world, someone else is rushing to buy the latest meme coin again. It seems like everyone has their own method for success. Naturally, successful people can talk about it freely, but these methods may not necessarily be shared with you. However, it is worth reflecting on the question: Are these methods suitable for us? Does being advanced mean it is correct? Are there any simple methods that can withstand the test of time? This article aims to provide ordinary investors with several relatively low-threshold and actionable ways to make money through systematic sorting.
The most reliable way to play in the crypto world, take a look!
A very foolish method for trading cryptocurrencies. The safest way to play contracts in the crypto world! Tips for making money with perpetual contracts! After years in the cryptocurrency market, I believe I have outperformed 90% of contract traders. I have experienced funding schemes, contracts, and arbitrage, and I have also been ruthlessly harvested by market makers. I have gone through all the pitfalls one faces in the crypto world. One can potentially gain 50 to 100 times overnight, but also risk losing everything in an instant. Trading contracts in the crypto world is like playing with your heartbeat; it’s thrilling and more exciting than riding a roller coaster. Have you experienced continuous losses and frequent liquidations? Then you feel frustrated and regret your decisions?
Altcoin Explosion: ETH Breaks New High, XLM Soars 82% in a Week, ADA and XRP Rise Over 30%
Altcoin season index rebounds, with clear signs of market rotation. According to the latest data from Coinmarketcap, the Altcoin Season Index has rebounded significantly from 15 on June 22 to 36, indicating that among the top 100 altcoins by market capitalization, 36 coins have outperformed Bitcoin in the past 90 days. This data reflects that capital is flowing from Bitcoin to Ethereum and other altcoins, making the trend of market rotation increasingly evident. Meanwhile, Bitcoin's dominance has decreased by 1.85%, further confirming the trend of capital diversification. Analysts generally believe this may signal that the market is entering a broader altcoin bull market phase, and investors should pay close attention to changes in capital flows.
Bitcoin BTC whale awakens after 14 years, $4.6 billion transfer triggers market shock! Is it a cash-out signal or a bull market turning point?
Just as Bitcoin had just refreshed its historical record, surpassing the $122,600 mark, and the entire market was still immersed in collective revelry, a sudden wave of large sell-offs unexpectedly ignited the market, catching the bulls off guard. Within just 24 hours, market selling pressure surged, with a total of about $3.5 billion in Bitcoin profit chips being dumped, causing the Bitcoin price to plummet from its high to around $116,000, a drop of over 4%. What’s even more shocking is that the main force behind this sell-off turned out to be a group of long-silent old miners and early holders! Old players led the sell-off: a historic reduction action was initiated. According to on-chain data from Glassnode, among the $3.5 billion in selling pressure, long-term holders accounted for as much as 56%, approximately $1.96 billion, while short-term speculators accounted for 44%. These 'veterans' who had held firm during the bear market for years, took the opportunity to cash out when market sentiment was high and prices peaked historically.
Ethereum's Surge: The Madness and Rationality on the Crypto Roller Coaster
Recently, the cryptocurrency market has started to "get lively" again, and Ethereum, this dark horse, has been racing wildly on the crypto track, with its price skyrocketing as if it were on a rocket, keeping investors' hearts in a tight grip. In this crazy surge, the most intuitive feeling is the wild fluctuation of numbers. In just a few days, Ethereum jumped from around $2500 to break through the $3000 mark, with a seven-day increase of 16.2%. It's like a student who was average in class suddenly ranking at the top in the final exam, leaving classmates in shock. With this strong rise, Ethereum's market value has also soared to $361.68 billion, climbing to 35th place in global asset market capitalization, leaving many traditional financial giants behind; it can be said that beneath the "king of cryptocurrencies" Bitcoin, Ethereum is above all others.
Predicting that ETH will break its historical high in 2025
Record your thoughts for easy verification of your understanding in the future. Ethereum (ETH) completed its transition from a proof-of-work (PoW) mechanism to a proof-of-stake (PoS) mechanism on September 15, 2022. This has a significant impact, along with the development of Layer 2 (L2). The performance of ETH's Layer 2 has also been disappointing. The weakness of ETH in this bull market indicates a fundamental change; otherwise, it is hard to explain why, with the successful approval of ETFs in 2023 and 2024 and BTC soaring, ETH is unable to reach new highs, not even touching the edge of a new high. Looking back at ETH's trends, it is not hard to notice the obvious traces of manipulation by big players. Whether it's the single-day drop of 40% on February 3, 2025, or the rapid 100% increase in just a few days on May 8, it all reflects the powerful and brutal manipulation capabilities of ETH's big players. One could say that the big players of ETH are the most knowledgeable and capable group in the world when it comes to manipulating the price of ETH. Strong manipulation by big players is not a bad thing; only those altcoins with strong manipulation can have a future in this bull market. Coins without strong manipulation or those abandoned by big players, such as FIL, ICP, AEVO, W, and many others, fall like a lump of mud, going down all the way.