Don't blindly follow the trend anymore! Unveiling the fatal weaknesses of 'holding spot assets'
Recently, I've encountered many spot traders who are suffering huge losses. When I asked, I found out that they were all misled by a saying - 'you must hold spot assets until the end.'
This is simply nonsense! Since I started in this industry in 2019, I've seen many retail investors being deceived. Especially at the end of 2021, there were so-called 'expert traders' everywhere, who didn't understand the bull and bear cycles at all, and kept shouting: 'Holding until the end will make you rich!' What happened? When the market crashed, these experts disappeared, leaving a bunch of retail investors trapped. Now, when I hear someone promoting 'holding will make you money without thinking,' I am really furious!
Why can't spot assets be held until the end? The market has cycles, that's true. But the problem is, how many retail investors can accurately buy at the bottom? Most people chase highs and sell lows, and they don't understand what it means to buy low and sell high. Saying things like 'sell at the peak of a bull market' is just daydreaming.
Take the recent market trend as an example. When it reached a high point, I kindly reminded everyone of the risks, but some even scolded me for 'making a fuss.' And now? They are the ones trapped. Don't always think 'holding can save you'; retail investors' money doesn't come from the wind, you have to learn to avoid major drops to make money quickly, rather than being trapped for several months or even years.
Those who promote 'holding is invincible', just shut up! If you don't understand the bull and bear cycles, stop giving blind directions; retail investors can't endure such torment.
Continuously adding positions on losing coins, do you think you can save yourself? It's actually just giving money to your opponents, and in the end, they will leave you with nothing! If you can't bear to cut losses, a small loss will turn into a big one, and you will end up losing everything!
If you like contracts, enjoy studying market trends and technical analysis, click on my avatar. I will share my years of experience and tips in the crypto circle for free. I'm waiting for you in the circle, always online, welcome to discuss and progress together.
If you always lose money when you trade in cryptocurrencies, don't worry. I have two super strategies that can help you turn things around. The second one, in particular, is simply a little expert in making money. It is especially suitable for friends who have just entered the market and have less than 100,000 yuan in funds. Mastering these two methods will keep you close to financial freedom.
I used to be like everyone else, always losing money when trading in cryptocurrencies, but since I got some advice from masters, my luck has started to improve. In just a few years, my assets have gone from negative to eight figures, and I have become a rising star in the hot money circle. Now, many big guys are watching my operations to see how I judge the market trend.
The first strategy is to catch the bottom rebound. When a currency has been hovering at the bottom for a long time, suddenly one day the trading volume soars five times, and a big positive line appears. At this time, you have to pay attention, because this may be a signal of a rebound or even a reversal. But don't worry, you have to observe the trading volume for a few days. As long as the trading volume has not been reduced by half, or is still expanding, don't hesitate, get on board quickly. Because this means that the main funds have entered the market, they will not withdraw easily, so you can safely wait for the price to go up before selling.
The second strategy is to catch the shrinking volume wash in the upward trend. When a currency starts to rise, it usually rises slowly first to attract popularity, and then surges to sell. But between the slow rise and the surge, there is usually a shrinking volume wash process. The main funds will get rid of the retail investors who follow the trend at this time to avoid being smashed when the surge comes later. So, when you see signs of a sharp rise again after the shrinking volume wash, such as opening high and going high, then buy it quickly and wait for the main rising wave to come.
These two strategies are really easy to use, especially the second one. As long as you can catch it once, your account can easily get an extra 50% of profit. Therefore, I hope that everyone must remember these two methods when speculating in coins, strive to find their own bull stocks, and achieve financial freedom.
As a senior coin investor, I share my experience and insights for free. Are you interested in the coin circle but don’t know where to start? Follow me and watch me cook leaves to take you to achieve freedom in this bull market.
If you want to do cryptocurrency trading as a part-time job, I have to share some of my experience with you, hoping to help you!
First of all, you have to understand that the speed of making money and losing money is not at the same level. For example, if you have 1 million and want to double it to 2 million, it is not an easy thing, but if you lose half of it, it will be much faster. So when you trade in cryptocurrencies, you must be careful and don't be so happy that you lose your mind after making a little money.
It's normal for the price of cryptocurrency to go up and down, but this doesn't help you to make your wallet fat. For example, if you have 1 million, you make 100,000 on the first day, and lose 90,000 on the second day, which is the same as not making any money! So, you have to be patient when trading in cryptocurrencies, and don't be fooled by these small fluctuations.
Let's talk about whether you can make money in the long run. Don't think that making a lot of money for several consecutive years is a good thing. If you lose money one day, your money will be reduced by a whirlwind. For example, if you have 1 million, you make money for a few years and lose money for a few years. In the end, you find that you have not earned as much interest as if you put it in the bank! So you have to be smart when speculating in cryptocurrencies and know when to withdraw.
Also, don't always think about making a lot of money, that's just a daydream. For example, if you have 1 million and make money like picking up money for a few years, you will lose it all one day. So you have to be sensible when speculating in cryptocurrencies and don't be too greedy.
If you want to make money in the long run, we still have to be steady and pursue a similar annualized return. For example, an annualized return of about 25%, so that in 10 years, your money can be multiplied several times. But this is not just a casual talk, it requires real effort and patience.
When speculating in cryptocurrencies, you also have to pay attention to the cost. For example, if you buy a lot of coins first, the cost is quite high, but if you buy more, the cost can be reduced. So you have to be careful when speculating in cryptocurrencies.
Once you make money, you have to stop quickly. For example, if you have 1 million, and you make 100,000, you can sell part of it, so that you can keep the rest of the money with peace of mind.
Finally, when the market falls sharply, you have to look at the coins in your hands. If it doesn't fall much, it may be protected by big investors. Such coins can be held for a long time, and they may rise sharply one day! Click on the avatar to follow me, share various potential coins every day, and take you to ambush various hundred-fold coins,
The common problem with retail investors is: holding on through losses, but rushing to sell when they make a small profit, only focusing on the little cash in their accounts, ignoring the overall market situation and trading volume.
My advice is: when you make a profit, stay calm, and if you lose more than 5%, you should make a quick exit.
My little tip is: once profit reaches 15%, if it drops back to 10%, I will withdraw; if it continues to rise, then I will hold on.
By doing this back and forth a hundred or eighty times, even if I win half the time, I can still make a good profit in the end. The key is to restrain greed, not to fear losses, have a plan in mind, follow the market rhythm, and don’t go against the market.
To judge market trends, moving averages are a good tool; when they rise, it indicates a bullish trend, and when they fall, it indicates a bearish trend.
For short-term trading, just focus on the daily chart; when the trading volume increases, quickly follow the rhythm.
If you are engaging in medium to long-term trading, then you need to look at the weekly chart; buy boldly when it breaks out and sell decisively when it breaks down. When the market is sluggish, just stay put, don’t keep thinking about catching the bottom, making money against the trend is as difficult as ascending to the skies. In cryptocurrency trading, focus on the big trends and be quick to cut losses when wrong; this is much more important than making small profits.
During short-term trades, keep a close eye on the 15-minute to 1-hour candlestick charts, use KDJ to find buy and sell points, and then use OBV to guess what the main force is planning. When stocks are being washed out, trading volume will decrease, and it will increase during selling. When popular coins encounter risky news, they may experience short-term volume shrinkage and fluctuations, but later they may reach new highs.
If you like contracts, enjoy studying the market, and researching techniques, click on my avatar. I share years of experience and skills in the crypto circle for free; I’m waiting for you in the community, always online, welcome to discuss and progress together.
After 8 years of navigating the cryptocurrency space and experiencing countless ups and downs, my assets are now stable in the seven-figure range. Today, I have decided to share some of my insights, hoping to help you who are currently striving. The safety of funds is the top priority. I am used to dividing my funds into five parts, using only one part for risky ventures at a time, so even if I make a mistake, it won't be catastrophic. Stop-loss and take-profit are equally important. Once the direction is wrong, decisively stop-loss; even after five mistakes, the total loss will only be 10% of the total funds. And once you're correct, promptly set a take-profit, don't let the profits slip away. Going with the trend will naturally increase your win rate. Trends are your friends. Don't rush to buy the dip when the market is falling, and don't be afraid to chase the price when it's rising. Rebounds in a downtrend are often traps, while pullbacks in an uptrend are opportunities. Those cryptocurrencies that surge in the short term may seem attractive, but they often struggle to sustain. Technical indicators are auxiliary tools. MACD can help you judge entry and exit points, especially during high price stagnation, which is often a precursor to a downturn. Be cautious with the timing of averaging down. Don't average down when you're at a loss, as it will only deepen your predicament. Increasing your position when you are in profit is a wise move. Trading volume is the soul of the market. A breakout with high volume at a low level is an opportunity, while high volume stagnation at a high level is a risk signal. Only trade in cryptocurrencies that are in an upward trend for a higher chance of success. Moving averages are the compass of trends. From short-term to long-term, observing the turning points of moving averages across different periods can help you better grasp the trend. Reviewing trades is a step towards improvement. Regularly review your trades, check your holding logic, and adjust your trading strategies to navigate the cryptocurrency space with ease. If you like contracts, enjoy studying charts, and researching techniques, click on my profile. I will share my years of experience and tips in the cryptocurrency space for free. I am waiting for you in the community, always online, welcome to discuss and improve together.
What constitutes a scientific and robust trading system? I personally believe it should have the following characteristics: 🟨 Clear entry and exit rules: A trading system should set clear and explicit entry and exit rules based on quantifiable indicators and signals. This helps avoid subjective judgment and emotional interference, ensuring consistency and executability in trading decisions.
🟨 Strict risk management: A trading system should include strict risk management strategies, including setting stop-loss and take-profit levels, determining position sizes, etc. Reasonable risk management can help traders control losses, protect capital, and avoid unnecessary risks.
🟨 Statistical advantage: A good trading system should be built on statistical principles and large sample data. By analyzing and validating historical data, a trading system can determine effective trading rules and strategies, providing relatively stable profitability.
🟨 Sustainability and adaptability: A trading system should have the ability to continuously adapt to market changes. The market is constantly evolving, and a good trading system should be able to adjust and optimize according to different market environments and conditions. If you like contracts, enjoy studying charts, and researching techniques, click on my avatar. With years of experience and tips in the crypto world, I share them freely. I'm waiting for you in the community, always online. Welcome to discuss and improve together.
There is a seemingly clumsy but powerful method for trading cryptocurrencies that can help you lock in most of your profits! When trading cryptocurrencies, there are three things you must remember not to do: 1. Never follow the trend and buy in when prices are rising; you must learn to think inversely. Be brave when others are afraid, and be cautious when others are excited. Get in the habit of looking for opportunities to buy when prices are falling. 2. Never put all your funds into a single trade; this is too risky. 3. Never go all in; being fully invested will leave you immobilized. There are plenty of market opportunities, and going all in means giving up other potentially good opportunities, which is too costly. If you want to learn more about cryptocurrency-related knowledge and cutting-edge information, click on my profile and follow me. If you want to be a trader who can multiply your investment tenfold in a month, you are also welcome to copy my trades. I publish market analysis and recommend high-potential coins daily.
Cryptocurrency Trading Guidelines 1. Be Patient and Wait for Consolidation When the market is sideways, do not rush to act; after consolidation comes the change. 2. Don't Get Attached to Short-Term Trends Popular positions are often speculative; once the hype fades, funds withdraw. Regularly change positions to mitigate risk. 3. Stay Steady During Acceleration When the K-line gradually rises, showing high opening bullish candlesticks and increasing volume, the market is accelerating. Hold your position and wait for profits. 4. Exit After a Huge Bullish Candlestick After a large bullish candlestick appears, decisively exit regardless of high or low levels to avoid profit withdrawal. 5. Moving Averages and Support Levels are Key Buy/Sell Points Moving averages, support, and resistance levels are crucial for trading. Even if you make a mistake, follow the rules. 6. Better to Enter Less Than to Overcommit Prepare before taking action; the only constant in the cryptocurrency world is change, so be cautious when entering the market. If you enjoy contracts, like studying charts, and researching techniques, click on my avatar. I have years of experience and skills in the crypto space to share freely. I’ll be waiting in the community, online anytime. Welcome to discuss and improve together.
The market risk is so high, why are there so many traders willing to throw themselves into it?
Actually, the first point is that behind high risk, there is high reward, and one can achieve this high reward through their own efforts.
The second point is that you need to learn to filter opportunities. Many traders tend to over-leverage when trading; they want to get involved in every market movement. Moreover, when they have no positions, they feel empty inside, and coupled with the fear of missing out on a good opportunity, they end up trading frequently.
Here's a famous saying for everyone: You will never earn money beyond your understanding. Even if you do earn it, you will double it back to the market. Only trade in markets you understand; if you don't understand it, don't touch it. If you like contracts, enjoy studying charts, and researching techniques, click on my avatar. I have years of experience and skills in the crypto world, and I share them freely. I am waiting for you in the circle, always online, welcome to discuss and improve together.
I found that 99% of retail investors have a particularly deadly bad habit.
When the price goes up, they can't hold on; when it goes down, they don't cut losses.
When it rises, they just think about not letting their profits retrace; once it's in their hands, it's theirs. When it falls, they keep thinking that they will break even if they just wait, and before they know it, they are trapped. If they wait even longer, they end up in liquidation.
Once liquidated, they feel relieved, only to fall into endless regret, starting to question themselves and then questioning the market, from "If I had known earlier, I should have..." to "Blockchain is a scam."
Therefore, before opening a position, you must have a clear range of operations and a plan, keeping losses within an acceptable range. If you lose, don't feel the pain; if it goes up, take profits in batches or adjust your stop loss. This way, you can reduce risk while not missing out on market opportunities.
Opening positions blindly and holding onto them will only decrease your lifespan in this market. Observe more, learn more, and execute more to live longer in this market. If you want to learn more about cryptocurrency knowledge and first-hand cutting-edge information, click on my profile and follow me. Those who can multiply their investments tenfold in a month are also welcome to copy my trades. I release market analysis daily and recommend high-potential coins.
After 7 years of cryptocurrency trading, here are 10 tips for everyone: 1. To determine whether someone is an expert, look at the time when he is short 2. All purchases in a bear market are wrong 3. All sales in a bull market are wrong 4. The simplest way to invest is to buy low and sell high 5. The main funds determine the direction of the market 6. Technical aspects and fundamentals are no match for the general trend 7. The top is positive, so you should sell 8. The bottom is negative, so you should buy 9. It is enough to be rich once in your life, and keep the money you earn 10. You must configure the big pie, otherwise you may not make money in the bull market As a senior cryptocurrency investor, I share my experience and insights for free. Are you interested in the cryptocurrency circle but don’t know where to start? Follow me and watch me cook leaves, and I will help you achieve freedom in this bull market.
1. Set the Tone in the Morning Morning markets are the purest; a sharp drop may be a good opportunity to buy the dip, while a surge should be taken as a chance to secure profits.
2. Maintain a Steady Rhythm in the Afternoon Afternoon spikes are often false signals; chasing high prices can be risky. Don’t panic during a drop; wait for the right low point to re-enter the next day.
3. Don't Panic During a Downtrend If there’s a sharp decline in the morning, don’t rush to sell. The market changes rapidly; be patient and wait for recovery.
4. Have Principles in Buying and Selling Don’t sell before reaching your target, don’t buy before meeting your expectations, avoid trading in a sideways market, and steer clear of blind operations.
5. Buy on Dips and Sell on Rallies Buy on bearish candles, sell on bullish candles; operating in the direction of the trend is more stable.
6. Win with Contrarian Thinking Stay calm when the crowd is euphoric; be decisive during panic selling. Contrarian strategies often present breakthrough opportunities.
7. Endure the Consolidation Period Sideways markets test your patience; wait until the trend becomes clear before making decisions, and don’t let emotions dictate your actions.
8. Don’t Get Attached to Highs After a period of high consolidation, further surges may indicate the last frenzy. Take profits in time to secure your gains.
If you enjoy contracts, like studying the market and researching techniques, click on the avatar. I have years of experience and skills in the cryptocurrency world to share freely. I’m waiting for you in the community, online anytime, welcome to discuss and improve together.
The market is like an ocean; you cannot control its winds and waves, but you can adjust your course. Losses are not scary; what is scary is losing the ability to reflect. Every setback is an opportunity for growth; every pullback is a foundation for breaking free from constraints in the future. Remember, the core of trading is not the pursuit of perfect results, but navigating through the storms with discipline and wisdom. Believe in yourself; time will prove the significance of perseverance. I like contracts, enjoy studying market trends, and researching techniques. Click on my avatar for years of experience and skills in the crypto world, shared freely. I am here in the circle waiting for you, always online, welcome to discuss and progress together.
The market is like an ocean; you cannot control its winds and waves, but you can adjust your course. Losses are not scary; what is scary is losing the ability to reflect. Every setback is an opportunity for growth; every pullback is a foundation for breaking free from constraints in the future. Remember, the core of trading is not the pursuit of perfect results, but navigating through the storms with discipline and wisdom. Believe in yourself; time will prove the significance of perseverance. I like contracts, enjoy studying market trends, and researching techniques. Click on my avatar for years of experience and skills in the crypto world, shared freely. I am here in the circle waiting for you, always online, welcome to discuss and progress together.
Advice for newcomers: 1. Never go all-in 2. Big coins are less exciting than new coins, but they are less risky and more suitable for you 3. Double your investment, or if it rises a lot, you can make your investment and profit at will 4. 90% of people on the chain may lose money, so avoid the following: high-level random investment, adding positions when the price rises, selling when the price falls, and chasing high prices after selling. 5. Mainly buy BTC and SOL, and it is better to buy the top of the chain on a dip As a senior cryptocurrency investor, I share my experience and insights for free. Are you interested in the cryptocurrency circle but don't know where to start? Follow me and watch me cook leaves, and I will help you achieve freedom in this bull market.
Those with a strong gambling nature, insufficient understanding, heavy speculative mindset, and dreams of getting rich overnight are really not suited to participate in this market.
It's easy to see others clearly, but difficult to see oneself. Sometimes, it's not that we can't see our own abilities; rather, it's human stubbornness, unwilling to face and acknowledge it.
Luck cannot be replicated, but the methods and strength for success can certainly be replicated.
If you enjoy contracts, like to study market trends, and research techniques, click on my avatar. I have years of experience and skills in the crypto circle, and I share them freely. I'm waiting for you in the circle, always online, welcome to discuss and improve together.
The pain of trading is really unbearable for most people. The pain of continuous growth and long-term learning. The pain of anxiety when missing out on the market. The pain of self-doubt when constantly stopping losses. The pain of restraining patience and resisting human nature. The pain of independent thinking, loneliness and loneliness. The pain of sticking to strategies and resisting temptation. The pain of life management and economic distribution. But it is these pains that separate us traders from ordinary people. They are completely not on the same level under the same conditions. If you like contracts, like to study the market, and study technology, click on the avatar. I will share my many years of experience and skills in the currency circle for free. I am waiting for you in the circle, online at any time, welcome to discuss and make progress together
There are no genius traders Traders who perform well Have achieved the accumulation of time and learning Have also achieved top-level self-discipline Consistently adhere to their trading philosophy Like contracts, enjoy studying charts, researching techniques. Click on the avatar, years of experience and skills in the cryptocurrency circle, freely sharing. I am waiting for you in the community, always online, welcome to discuss and improve together.
The beginning of cryptocurrency trading is the foundation; The end of the foundation is technical ability; The end of technology is probability; The end of probability is risk control; The end of risk control is capital (position) management; The end of capital management is never a big loss; The end of never a big loss is discipline; The end of discipline is execution; The end of execution is human nature; The end of human nature is trading; The end of trading is mentality; The end of mentality is time and accumulation. The end of the industry is learning and patience! As a senior cryptocurrency investor, I share my experience and insights for free. Are you interested in the cryptocurrency but don’t know where to start? Follow me and watch me cook leaves, and take you to achieve freedom in this bull market.
A significant drop is not a sufficient condition for a rebound. You might think that many small coins dropping by 90% is substantial, but in the cryptocurrency world, a 90% drop can still drop another 90% of that 90%! You think this is the first floor, but in reality, it's the basement. You think you've reached the basement, not realizing that there's still hell below. You think hell is the end, not knowing that hell has 18 layers. Many retail investors think this way, and then repeatedly try to catch the bottom, only to be completely wiped out in the end! Give up on fantasies, give up resistance, respect the trend, and look for divergences within the trend, then you can rise up. As an experienced investor in the cryptocurrency space, I share my experiences and insights for free. Interested in cryptocurrency but don’t know where to start? Follow me to see how I navigate this bull market and achieve freedom.