Why do many capable and mature investors still experience liquidation?
It's simple, the market can't have an everlasting master of profit. Everyone's initial intention in the crypto world is the same, and this is beyond doubt. If you come here just for fun and to kill time, then this is not the right place for you. We enter the crypto world to gain more profits and improve our family's living standards. If the technology in the crypto world is the premise for making profits, then the strict rule that needs to be adhered to is the key to long-term profitability. If you want to treat trading coins as a second source of income, want a piece of the pie in the crypto world, and are willing to spend time growing and learning, then don't miss this article. Read it carefully; every point is the essence of the stock market. Whether in a bull market or a bear market, these 10 ironclad rules can help you! I will also share my ten years of trading experience!
Starting from June 2nd at 1560, it rose to a peak of 1954,
With the new SKY staking module earning USDS rewards at a rate of 17.29%, a large amount of MKR was converted to SKY on-chain, with the largest single minting reaching 400,253,742 SKY, valued at approximately 29.6 million USD. SKY is the upgraded MKR and governance token of the Sky ecosystem, where each MKR can be upgraded to 24,000 SKY.
Regardless of the current bull market or bear market, this does not concern you as a contract player.
No matter the market conditions, as long as it allows you to make money, that's what matters.
MKR has been cleared with a threefold profit already.
The layout for Shen Dan is coming soon, and if you're still observing, it might be wise for everyone to contribute here. $TRB $PEPE #币安钱包TGE #Circle扩大IPO规模 #币安Alpha上新
$TRB Do you all still remember when it went from 60 dollars to 200 dollars?
Damn, everyone is afraid to act, but I will. You all go chase the long positions, and when the market crashes, you'll know the pain.
Now the whole market is falling, yet it is rising against the trend. So do you all think this is normal? If you still chase the long positions, then you haven't tasted the big pie drawn by the operators last time.
$WCT Due to WalletConnect expanding to Solana. WCT hit a historical high, and Binance launched a WCT trading commission reward event. WalletConnect tokens expanded to Solana, and 5 million WCT will be airdropped. Look at the positive news from a few days ago that drove the rise.
Currently, even though Bitcoin and Ethereum are falling, these two altcoins are still rising against the trend, just waiting for you to think it will continue to rise before hitting you with a big drop.
WCT directly crashed by 25%, and those who chased the long positions are now lying on the coffin board. This is an altcoin.
Hot coins to watch today: trb, lpt, b, wct, safe, parti, eth,
In the crypto world, it's a contest between retail investors and operators. You might not have any knowledge, but you cannot be without the latest news. If you grasp the news, you have the winning edge.
Still on the sidelines? Come and join me to take down the operators. $LPT #中心化与去中心化交易所 #加密市场回调 #交易类型入门
Many people have been in the cryptocurrency space for years, but in the end, they quietly leave, not because they missed the bull market, but because they succumbed to the most basic mistakes.
I always feel that the dumbest way to trade cryptocurrencies often turns out to be the most effective. But this path is too slow, too tedious, and the vast majority of people cannot stick with it. Because they always fall into these three major "common problems":
First, chasing highs and selling lows. They rush in as soon as they see a coin rising, fantasizing that it will continue to soar, only to buy at a high point, panic when it falls, and miss the rebound. Only those who can get used to buying during downturns and selling at peaks can truly benefit from the cycle.
Second, heavily betting on direction. The direction is right, but after the main players shake the market a few times, they are swept out. It’s not due to a wrong judgment, but rather not being able to endure.
Third, emotional full positions. They go all-in in excitement, losing flexibility in adjusting their positions. Even if they have the right view, they can’t move their funds, and when an opportunity arises, they can only feel anxious. In the end, in the cryptocurrency space, it’s not the market that loses, but the habits. I have summarized a set of short-term "six-character formula". The reasoning is simple, yet it is easily overlooked: High-level consolidation is not over, new highs are often yet to come; low-level fluctuations are hard to stop and may probe lower again. Do not act until the market changes.
Stay put during sideways movement, absolutely do not enter the market. Most people die in fluctuations.
Buy when the daily close is negative, sell when it’s positive. Follow market sentiment, it beats subjective judgment.
Slow declines are hard to bounce back, rapid declines are easy to reverse. Only by understanding the rhythm can one seize opportunities.
Pyramid building for positions, entering the market in batches, always leave some bullets.
After big rises and falls, there must be consolidation, and after consolidation, there will definitely be a change in the market. Don’t bet at extreme positions; wait for signals to act.
The market is not lacking in opportunities; what it lacks are those who can endure, can wait, and can survive. You think experts rely on luck, but in fact, they take the "dumb method" to the extreme.
How much do you plan to earn in the field of virtual currency by 2025?
After a few years of trading cryptocurrencies, I want to share my personal insights! I entered the cryptocurrency space early and began my trading career. Reflecting on the past decade, I have hardly been involved in those petty business disputes, which has reduced my worries significantly. It is precisely because of this that I have the leisure and patience to summarize my experiences over the years.
In my view, the mindset is the most crucial aspect of trading cryptocurrencies, while technical skills are secondary. Next, I will share my practical experiences with everyone without reservation. A day in the cryptocurrency space is like ten years in the real world, showcasing its ever-changing dynamics. I suffered significant losses when I first entered, experiencing both losses and gains along the way, and now I support my family through this.
How can one really make money in the cryptocurrency world?
If you plan to invest in cryptocurrencies, please take a few minutes to read my answer, as it may save your life and your family. Thousands of originally happy families end up devastated because they pursued the unattainable dream of making a fortune in cryptocurrency. I believe that the reason I can continue on this trading path is that I have always been dedicated to learning, understanding the basic knowledge, analyzing news, studying technical indicators, and forming a self-stable profit trading system!
1. Don't let floating profits turn into losses. Once there is a floating profit of more than three points, set a protective stop-loss near the opening price; never lose your principal. In the cryptocurrency world, gaining more than three points is easy, especially for small altcoins. At this time, you can slightly raise your take-profit level, possibly using a trailing stop to protect your profits. Especially in a bear market, taking profits regularly is essential to protect your gains. Normal people can't handle the transition from floating profit, initially happy and already thinking about what to do with the money, to floating losses. The feeling of going from heaven to hell is unbearable for those with weak minds; emotions can easily influence your decision-making and lead to foolish choices. By the time you wake up, your account's funds may have also diminished, and regrets will come too late.
What is the one thing you absolutely must not do in the cryptocurrency circle?
When I first entered the circle, I lost the 160,000 I earned from my job in just a month. At first, I thought I could be considered a big shot in the cryptocurrency circle, resolutely quitting my job to focus on trading, even borrowing money to trade. However, reality gave me a harsh slap; the financial crisis not only made me lose all my profits but also left me with a mountain of debt, forcing me to sell my house, and my wife and children almost left me.
That period was my darkest moment; in just a few months, I experienced a fall from the peak to the bottom. But it also made me realize that the previous smooth sailing was not without luck. Therefore, I feel that if I really want to continue on the trading path, I still need to study diligently. In addition to understanding the basics, I should also analyze news and study technical indicators.
$TRB Do you all still remember when it went from 60 dollars to 200 dollars?
Damn, everyone is afraid to act, but I will. You all go chase the long positions, and when the market crashes, you'll know the pain.
Now the whole market is falling, yet it is rising against the trend. So do you all think this is normal? If you still chase the long positions, then you haven't tasted the big pie drawn by the operators last time.
$WCT Due to WalletConnect expanding to Solana. WCT hit a historical high, and Binance launched a WCT trading commission reward event. WalletConnect tokens expanded to Solana, and 5 million WCT will be airdropped. Look at the positive news from a few days ago that drove the rise.
Currently, even though Bitcoin and Ethereum are falling, these two altcoins are still rising against the trend, just waiting for you to think it will continue to rise before hitting you with a big drop.
WCT directly crashed by 25%, and those who chased the long positions are now lying on the coffin board. This is an altcoin.
Hot coins to watch today: trb, lpt, b, wct, safe, parti, eth,
In the crypto world, it's a contest between retail investors and operators. You might not have any knowledge, but you cannot be without the latest news. If you grasp the news, you have the winning edge.
The market always experiences significant ups and downs, and ETH is indeed strengthening, but where do you think the expectations for this strength lie? It’s possible that it could end before reaching 3000. Now, even Bitcoin has started to fluctuate and decline, indicating this is a final rebound in the market. This is not a situation for all-in trading.
Everyone hopes ETH strengthens and drives altcoins, but we must control our hands for the upcoming rebound. Take profits when it's time, and run when it's necessary.
Bitcoin is clearly in a downtrend right now. It is highly likely that the market will continue to fluctuate downward for a while. Perhaps there will be news that causes a rapid decline. Although ETH has also dropped somewhat, it is still overall strengthening, and we can still have some smaller expectations for reaching the next high point.
Everyone should patiently wait; we will eventually see the clouds disperse and the moon become clear.
How many times of leverage should contracts be used to avoid liquidation?
In crypto trading, I took a big fall: my personal experience! trading is really exciting and thrilling. Although I've been in the crypto space for a long time and have experienced many ups and downs, I have also lost money step by step. How did I lose so much? I usually trade quite carefully and manage risks well, but that time, a few mistakes combined completely ruined me. First, I invested in a coin with extremely high volatility, and it crashed without any preparation. Secondly, I used leverage. Using it too aggressively, what could have been a small loss turned into a significant loss due to leverage.
I have been losing money in trading cryptocurrencies and now just want to break even.
I have been in the cryptocurrency space for a few years. I quit my job to trade cryptocurrency six years ago, going from being in debt to wealth. I was often liquidated in the beginning. Perhaps in the eyes of some, retail investors are always sheep waiting to be slaughtered! If you are preparing to enter the cryptocurrency space, I sincerely hope this article can help you. As someone with decent summarizing skills and expression, I believe my thoughts may be of some assistance to you. Alright, without further ado, let's get straight to the point.
The greatest benefactor in life is not finding money or winning a lottery, but the day you meet someone who breaks your existing thinking patterns and elevates your perspective. This can lead you to a better stage in life. Similarly, cognition determines wealth, and underlying logic determines the superstructure!
In the cryptocurrency space, don't think about how to get rich; first, think about how to minimize losses.
I have been in the cryptocurrency space for several years now; I quit my job to trade cryptocurrencies six years ago, going from having nothing to being wealthy. In the beginning, I was also often a candidate for liquidation. What truly changed me was a night five years ago. Words from a senior greatly resonated with me, helping me understand the eight stages every cryptocurrency enthusiast must go through, constantly reflecting and using this as a mirror, finally reclaiming what I had lost! Perhaps in the eyes of some, retail investors are always lambs waiting to be slaughtered! If you are preparing to enter the cryptocurrency space, I sincerely hope this article can help you. As someone with decent summarization skills and expression, I believe my thoughts might be of some assistance to you. Alright, without further ado, let’s get straight to the point~
How to Handle Psychological Issues When Encountering Losses in Trading?
The best state in trading is to maintain the mindset of an 'outsider'.
(1) Do not be overly optimistic when opening a position, do not hold extremely high psychological expectations, while also not being overly cautious, magnifying risks by second-guessing; when taking action, do not be influenced by emotions. (2) Being able to correctly position oneself, comparing and analyzing local trends and overall trends at the same level, forming trading ideas without being limited to small scales or being overly reliant on larger cycles. (3) Clearly understand what high-value entry signals are, concentrate all confidence on opportunities with a chance of success, just like closely watching a lighthouse in the fog.
Afternoon Market Analysis, Will Ethereum Return to 2580 Today?
The market is always crazier than you think. Respecting risk is the key to longevity—contracts are not ATM machines, but life-and-death games of leverage.
Stop-loss is your bulletproof vest; reject the luck of holding onto positions. A 10% loss can still be recovered, but a 100% liquidation means you exit directly. Emotions are the greatest enemy; FOMO and revenge mentality can destroy your rhythm, only calmness can help you navigate through volatility.
This morning, Bitcoin's rebound strength was not strong, with the price peaking around 109200.
Ether had a rise last night near the 2730 resistance and started to fall back. Currently, it is undergoing a correction at the one-hour and two-hour levels. The small resistance above is at 2660. As long as the one-hour close breaks this resistance, the small-level correction will be completed, and the market may continue to push up towards the upper resistance of 2700-2730. However, before the one-hour close stabilizes above 2660, the small-level remains in correction.
The support below is still at 2620. If the four-hour close breaks this position, the downward pressure will increase. The target support below is around 2575 (for reference only; specific strategies are subject to notifications from the small circle). $TRB $UNI $WCT #比特币2025大会 #特朗普媒体科技集团比特币财库 #币安Alpha上新
The Importance of Position Management in the Cryptocurrency World: Why Have You Been Busy for So Long, Still on the Road to Break Even?
Today, let's talk about position management. I found that many people are actually quite blind about position management, leading to a year of hard work and still being on the road to break even.
First, too many currencies lead to a messy position. We all know that even the most beautiful villa needs to be maintained. If neglected and overgrown with weeds, it will only lower the quality, looking far worse than someone else's thatched cottage. Managing currencies is equally important. If you go through all the currencies, you will feel tired and confused. Especially during a bull market, this sense of fatigue intensifies. The platform provides us with a self-selected currency area. But I found that many people do not clean it up much. Over time, the number of currencies in this area increases, becoming a cumbersome big data. Then, everyone keeps flipping through it, taking a long time to find the currencies related to them.
Why is everyone looking forward to altcoin season, yet it always seems to be missed? They can neither buy doubling coins nor make money.
Currently, there are too many altcoins. During the previous altcoin season, most altcoins outperformed Bitcoin. In this round of altcoin season, not many have outperformed Bitcoin. The outcomes of an altcoin season are threefold: massive gains, massive losses, or continuous massive losses. A handful manage to exit with massive gains to buy cars or houses, while some switch part of their positions to Bitcoin. The third type is very few. Without experiencing two cycles of bull and bear markets, don’t claim you can succeed. Unless you possess the right insight, innate talent, luck, and timing, along with ancestral blessings, you can achieve it all at once. I once advised people not to invest in altcoins and to convert profits into Bitcoin in a timely manner. But if you do not want to invest in Bitcoin, then you have to invest in altcoins.
Why is short-term contract trading in cryptocurrencies prone to liquidation? After reading this, you'll know.
The mindset that short-term trading can make big money is questionable; look at this.
Many people say trading is difficult and learning the technology is hard, and of course it is. However, trading and learning anything new is the same; it requires constant practice in the early stages. If we compare trading to learning the piano, then for beginners, learning music involves understanding the basic knowledge of notes, while in trading, it involves learning the basic knowledge of market trading. Because you have never been exposed to it, you need to practice continuously and repeat it often to have a chance at grasping it initially. Its monotony and the unsatisfactory results on the account can be frustrating, as you may move forward only to step back twice with each advance.