I just consulted with a contract expert, who turned a 10,000 principal into an eight-digit fortune. This experience is more thrilling than a novel! After some soft and hard persuasion, I got nine key insights to share with all contract players:
If your principal is under 100,000, catching one big market wave each day is enough; don’t get too carried away! Those who go all-in every day will find themselves in a grave situation.
When encountering significant good news, remember to sell on the following day if it opens high! Good news turning into bad news is a well-tested strategy in the crypto world.
You must reduce your positions before holidays and major events! Historical experience shows that whenever the Federal Reserve raises interest rates or on delivery days, the market goes wild. If you don’t understand, stay out until the direction is clear.
For mid to long-term operations, be like a sniper, laying low with light positions! Don’t use up all your bullets; leave enough room for averaging down. Heavy positions in mid to long-term trading? You'll learn your lesson in no time.
Short-term trading is all about "fast, precise, and ruthless"! When you see the right direction, go all in; making 10%-20% profit means you must exit. When the market is sluggish, it’s better to stay out and watch than to get itchy fingers.
Remember this mantra: slow rises correspond to slow falls, and explosive rises must lead to explosive falls! If you see the market suddenly go wild, quickly set your stop-loss.
What to do if you're on the wrong side of the direction? Three words: cut losses! Immediately! Stop-loss is a way of making money in disguise; as long as you have the mountains intact, you’re not afraid of a lack of firewood.
Short-term traders should have the 15-minute K-line chart glued to their screens! Use the KDJ indicator, clearly seeing golden and dead crosses, making entry points precise.
Techniques are superficial; mentality is the key! If your main coin halves, don’t smash the keyboard; if it skyrockets tenfold, don’t shout bull market; securing profits is the real skill.
To put it simply, the crypto world is a life-and-death situation between retail investors and whales; without insider information, you’re destined to be the fish on the chopping board!
Finally, here’s a piece of advice for everyone: every penny you earn dances within your cognitive range. Big ups and downs are the norm; stay steady and don’t get reckless; we’ll meet at the summit!
Friends who haven't made 1 million after years of trading cryptocurrencies, listen to my advice: remember these 10 valuable tips, and if you follow them and still don't see results, come find me!
1. Don't mess around with little money! Just catching one big opportunity in a year is enough. Don't invest all your money; keep some cash as a safety net so you can average down if the price drops.
2. Earn as much as you understand! Don't touch coins you don't understand. You can practice on a demo account, but when it comes to real money, your mindset is completely different. Learn and understand before you make a move. 3. Don't be greedy with good news! If you haven't sold on the same day, and if it opens high the next day, sell quickly. Everyone is waiting to sell on good news, and a high opening is an opportunity to cash out; waiting too long might leave you holding the bag.
4. Reduce your holdings a week before holidays! During holidays, the market has little trading activity, making prices prone to wild fluctuations. Don't take this risk; it's better to enjoy the holiday peacefully.
5. Remember the mid-to-long-term strategy: "buy low, sell high"! Buy in batches when prices drop and sell in batches when they rise. This way, you can lower your average cost and have flexible funds on hand, making you less afraid of market volatility.
6. Only choose popular coins for short-term trades! Avoid coins with low daily trading volume; if there's no one to take your position, you'll get stuck as soon as you buy. Follow where the big capital flows; good liquidity means better profit opportunities.
7. Remember this rule: coins that decline slowly are likely to recover slowly; however, if they suddenly drop sharply, they can also rebound quickly. These opportunities can be seized, but don't be greedy.
8. Be decisive with stop-losses! If you buy the wrong coin, don't hold on stubbornly. Acknowledge your mistake and cut your losses promptly to protect your principal; waiting for a recovery can deepen your losses.
9. Look at the 15-minute K-line chart for short-term trading! Focus on the KDJ indicator; sell when it reaches the peak (overbought) and buy when it hits the bottom (oversold). Combine this with MACD and RSI for assistance in judgment; don't rely on just one indicator.
10. Don't learn too many technicals! Mastering two or three indicators is enough, such as KDJ and MACD. Learning too many can lead to confusion; it's better to thoroughly understand one indicator than to dabble in many.
It's that simple. The core principle is two words: "Restraint"— restrain your greed, restrain frequent trading; protecting your principal and seizing big opportunities is more practical than anything else!
Not greedy, dinner is served 300 oil credited! Strictly follow stop profit and stop loss This market is easier than picking up ( $ _ $ )! There is still a position, come on! #交易经验 #策略交易 #PNUTUSDT
Can people in the cryptocurrency world sleep soundly at night?
In the past decade of cryptocurrency, it has truly been one of the few opportunities for ordinary people to get rich quickly! At this momentum, it’s not a problem to hold on for another ten or eight years; we might catch 1-2 more bull markets. Once this wave of benefits is over, it will probably be like the stock market, turning into an ordinary wealth management market.
However, to be frank, the term "ordinary people" should be put in quotation marks. Who can really seize the opportunity, if not a smart person? Either they have been accumulating knowledge and are ready to unleash their big move, or they love to learn and tinker. Just look at those big shots in the cryptocurrency world; which of them is an ordinary person? Who dared to heavily invest in Bitcoin ten years ago if they were just an average citizen? The mere ability to access Bitcoin eliminates 99% of people!
That said, the best time to plant a tree was either ten years ago or it is now. If you truly meet these conditions, then the cryptocurrency world is still your main battlefield for turning your fortunes around. In this day and age, for young people, the cryptocurrency world is like the stock market and real estate market of the internet era!
However, we must state the harsh truth upfront: this is not the 80-20 rule; it’s a real 90-10 divide! If you haven’t experienced the full cycle of bull and bear markets, don’t even think about making money. If you haven’t stepped on countless landmines, haven’t faced liquidation, or haven’t gone through the rebirth after a 90% asset shrinkage, you are still far from making money! This place tests your faith and understanding.
In the first wave of the bull market, consider it as paying tuition. Making money in your first foray into the market? That’s not a good sign! Only after you’ve endured one cycle of bull and bear markets and figured out the ins and outs, will the second wave of the bull market be your time to reap the rewards. Remember, disaster and fortune are interdependent; the drama in the cryptocurrency world has always been about mutual generation and restriction!