Learning from a teacher or self-exploration: which one is more efficient?
I tell you from my personal experience: doing your own research might take a year or even several years to learn something. Learning from teachers: Although it requires effort, it is nothing compared to losing your own principal through research. Learning can be much more efficient; who hasn't walked this path step by step? Many people want to find a teacher but can't find one. I consulted an experienced senior in contracts. Starting with 10,000 in contracts, their net worth has now reached eight figures. Their journey in trading is like a novel story! Impressive. After repeated consultations, they summarized nine points of advice which I now share with all contract friends:
How should one trade contracts and spot in a bull market?
I am 32 this year, started trading coins at 22, by 2023-2024 my capital reached 8 digits, and my current lifestyle involves staying in high-end hotels costing around 2000 yuan, with suitcases and hats possibly bearing crypto symbols. It’s much more comfortable than the older generation doing real businesses or '80s kids in e-commerce. I have hardly ever experienced business disputes, and I have fewer worries. I patiently summarize my insights; the biggest point in trading coins is having a good mindset, while technique is secondary. Without reviewing the coins, even having a mountain of gold is in vain. While there is still time, I will share some valuable insights + 9 survival rules. Only after understanding can you trade coins to support your family!
From 500,000 to 25,540,000, all because I strictly adhere to these disciplines and valuable insights!!!
I have been trading cryptocurrencies for 10 years, professionally for 6 years, born in 1990, I have reached a stage of doing as I please. From 500,000 to 25,540,000, all because I strictly adhere to these disciplines and valuable insights. What truly changed my fate was one day four years ago! Since then, I've reclaimed everything I lost! 1. Timing: Enter the market when the conditions for rolling positions are met. 2. Open position: Follow the signals from technical analysis and find the right moment to enter the market. 3. Add to position: If the market moves in your direction, gradually increase your position. 4. Reduce positions: When you've earned the predetermined profit, or when the market seems a bit off, sell slowly. 5. Close position: When you reach your target price, or when the market obviously changes, sell everything.