The essence of trading is making mistakes One must dare to make mistakes because stop-loss is inherently part of trading. No one can avoid losses; after making a mistake, one must learn to admit it. The first lesson the market taught me is that the speed of admitting mistakes must be quick and profound. Everyone has their own strengths and weaknesses due to their personality. In some situations, it's not that the decision-making behavior is fundamentally wrong, but rather that certain methods simply do not suit you. Maybe someone else could succeed, but you just can't do it well. Therefore, one should not rigidly cling to the methods of others' success or stubbornly stick to certain indicators or methodologies. Instead, one should study the mistakes made and the decisions and steps taken during success, gradually gaining a deeper understanding of oneself, and organize a complete system from mistakes that belongs to oneself. It cannot be replicated by others, you also cannot impart it. However, as long as one can make money, that is enough. In fact, any negative impact of mistakes on a person comes from the timeline, because the consequences of losses do not immediately reflect in the present. People are more worried about the future. In this line of work, as long as the principal is still there and one has not left the scene, the final outcome is still pending. No withdrawal is just a numbers game. Worrying about the future will not change the present, but handling the present well can change what’s to come. This year's luck won't be bad for those who love to comment. Let’s encourage each other.
Walk the dog, trade some coins, hoping that one day my assets will reach a hundred million! "Win with the club's young models, lose and go work in the sea. In the digital currency market, success and failure are like a pair of twin brothers, always ready to greet every trader. No matter the outcome, this is a journey worth remembering.
As long as you are not greedy, making money in the cryptocurrency world is very easy* From the beginning, I always spent more than I earned, and finally reached tens of millions, from being a salaryman to working full-time at home. The timing and information when entering the market are particularly important. I believe many people always find themselves halfway up the mountain, reaching the peak, then becoming greedy, and in the end, they simply become the fodder, after all, if the majority makes money, how can capital survive, and how can cryptocurrencies rise? Here are a few suggestions: 1. Maintain a stable mindset; when you get involved, you'll find it is particularly important. If you get anxious, you will probably end up being cut off from the market; it only takes one fluctuation. 2. Do not think of multiplying your investment quickly; it will only lead you deeper into trouble. Progress slowly and steadily. 3. Only play with spare money; do not become your own burden. Those who love to comment will not have bad luck. #我的EOS交易 #币圈暴富
Today, I will share some essential life-saving techniques for both new and old investors:
1. Short-term trading This is the most common strategy in contracts and is often the first method for newcomers to the cryptocurrency world. This approach carries significant risk, and profits are often based on luck, with earnings usually not covering the losses.
2. Learn to take profits and cut losses Setting take-profit and stop-loss orders is crucial in contracts due to the high volatility of the market, where prices can change rapidly. A stop-loss can help you close positions quickly when the market is not in your favor, preventing substantial losses. A good take-profit strategy can help you secure profits and avoid losing them due to market reversals, allowing you to manage your profit points effectively.
3. Discipline in trading In contract trading, emotions such as greed and fear can influence decisions, which is a significant factor in losses. Before entering a trade, set your take-profit and stop-loss levels, maintain your trading rhythm, and reduce the emotional impact on your decision-making. Create a trading plan, establish a daily trading limit, and avoid trying to recover losses by entering another trade, as this often leads to even larger losses along the way.
4. Market analysis The cryptocurrency market can experience either trending or sideways movements, with sideways movements being most common on weekends. In such conditions, long-term positions are not advisable; it’s better to take profits and secure gains. Trending markets occur only for a limited time, and they are the easiest to trade in. Buy on dips and sell on highs to maximize your profits.
5. Trend analysis Correctly identifying trends is half the battle won. You can use daily and weekly candlestick charts to determine whether the market is in an uptrend or downtrend. Chasing prices can lead to losses and ultimately result in a poor exit from the market.
Always respect the trading platform! Six steps to create an 'anti-human' trading system 1. Choose the asset: high liquidity coins (BTC/ETH), avoid low liquidity coins. 2. Opening signal: only take certain opportunities (such as breaking key moving averages, sudden changes in volume), daily trades ≤ 3 times. 3. Stop-loss rules - Set conditional orders in advance, automatically close position at a 1% loss; - Disable 'averaging down', stop trading for 2 hours after a loss day. 4. Take profit techniques - Take partial profits at 1% (close 50% of the position); - Push protective stop-loss for remaining position (e.g., cost price + 0.5%). 5. Profit locking - Withdraw or buy BTC spot with 50% profit of the day in USDT; - Inject remaining 50% into the 'insurance pool', do not add positions until the principal reaches 12,000 USDT. 6. Review mechanism - Record trading data daily (win rate, profit-loss ratio, emotional fluctuations); - Weekly statistics on net worth curve, if drawdown exceeds 5%, mandatory rest for 3 days. 100x leverage profits? How to protect profits in short-term trading with 10,000 USDT! Revealing the 'disciplinary survival rules' in the crypto circle #币安Alpha空投SOON
Working this lifetime is impossible ☞☜ Iron rules for survival in the cryptocurrency world: 15 iron rules that 99% of people ignore!
1. In the cryptocurrency world, everything rises and falls together; in a bull market, the rise does not need value support, just a reason to rise.
2. Don’t discuss beliefs with altcoins; if you need to cut losses, then cut losses.
3. Time is a friend of Bitcoin, but an enemy of altcoins.
4. The value foundation of altcoins lies in continuous innovation; once innovation stagnates, the value will collapse. The value foundation of Bitcoin lies in its invariability; if you get trapped by Bitcoin, there will be a day when you can break free, but not necessarily for altcoins.
5. The only assets suitable for left-side trading are Bitcoin and Ethereum; the biggest risk for altcoins is going to zero.
6. The start of a bull market is healthy only when BTC stands out alone, so first build a position in Bitcoin and Ethereum; if it rises, you won’t miss out, and if it falls, you won’t fear being trapped.
7. Altcoins have no defensive capability.
8. Do not increase your position during a rise; position management is very important. Test with a light position, then significantly increase your position after a rise; playing this way makes it hard not to lose money.
9. The position in Bitcoin and Ethereum should not be less than half.
10. When playing with altcoins, you must actively miss out and actively sell.
11. If you fall in one place, get up in another; if you lose money here, go to another place to earn it back.
12. The biggest cost after being trapped is the opportunity cost.
13. The core of playing altcoins is knowing when to sell.
14. Only eat until you are 70% full; fish heads and fish tails aren’t that tasty, leave them for the big players, and wait until the leading stocks emerge before eating the more certain fish body.
15. When playing with altcoins, you must keep a light position; a heavy position will ruin your mindset, a bad mindset will ruin your operations, and reckless actions will lead to losses.
Withdraw all today! I share all my five years of experience with everyone
1. In the cryptocurrency world, prices rise and fall together; an increase in a bull market doesn’t need value support, just a reason to rise.
2. Don’t talk about faith with altcoins; cut losses when you need to.
3. Time is a friend of Bitcoin but an enemy of altcoins.
4. The value foundation of altcoins lies in continuous innovation; once innovation stagnates, value collapses. The value foundation of Bitcoin lies in its invariability; if you are trapped in Bitcoin, there will be a day when you can break free, but altcoins may not.
5. The only assets suitable for left-side trading are Bitcoin and Ethereum; the biggest risk of altcoins is going to zero.
6. A healthy beginning of a bull market is when BTC stands out alone, so first build positions in Bitcoin and Ethereum, that way you won’t miss out when prices rise and you won’t fear being trapped when they fall.
7. Altcoins have no defensive capability.
8. Do not increase positions during a rise; position management is crucial. Test with light positions, and significantly increase after a rise; playing this way makes it hard not to lose money.
9. Positions in Bitcoin and Ethereum should not be less than half.
10. When playing altcoins, you must proactively miss opportunities and actively sell off.
11. If you fall in one place, get up in another; if you lose money here, go earn it back somewhere else.
12. The biggest cost after being trapped is opportunity cost.
13. The core of playing altcoins is knowing how to sell.
14. Only eat until you are moderately full; fish heads and tails aren’t that tasty, leave them for the big players. Wait until the leader runs out before going for the more certain fish body.
15. When playing altcoins, you must keep light positions; heavy positions can ruin your mindset, a bad mindset leads to poor operations, and reckless operations can lead to losses of #以太坊安全计划 #币圈暴富 .
Can’t cryptocurrencies really keep you awake? Look at those who stare at the market every day, trading stocks and cryptocurrencies, spending a lot of time researching, isn’t it true that their dark circles are heavier than a panda's? Stories about borrowing money to go all in or jumping off buildings after liquidation have become ear-numbing, but why does everyone still rush in like they’re addicted? This all starts from the concept of 'time illusion.' For example, if you hear that Bitcoin is going to drop next month, you definitely wouldn’t buy now, right? You’re thinking, 'I’ll wait until it hits the bottom to buy.' But when that time comes, you hesitate: 'What if it drops again if I buy now?' As a result, you watch the price hit bottom and rebound, and at this point, you’re kicking yourself: 'If only I had bought yesterday!' But when it rises 10% the next day, you think, 'If I buy now, I’ll lose money; I’ll wait for a pullback.' After it rises, you regret buying too little before, and when it falls, you regret buying too early, and this cycle of hesitation continues. The final outcome is either missing out completely or gritting your teeth to buy in at the peak, which is the most typical newbie mentality. Now let’s talk about the 'loser’s counterattack dream.' In reality, you’re delivering food or tightening screws, and there’s no way to make big money. But in the crypto world, a buddy you were eating skewers with yesterday might suddenly drive a Porsche just because he bought some Dogecoin. This illusion of 'nobility having no inherent right' is even more intoxicating than a TikTok girl’s dance. What’s even stranger is that there are no 'win or lose checkpoints' here. Those who make money think 'I can make even more' and continue to push ahead after mortgaging their house; those who lose money think 'I’ll definitely break even next time' and keep gambling with borrowed money. It’s just like playing a claw machine; even though you know the tricks, the sound of coins keeps you from stopping. In short, the crypto world is a 24/7 wealth dream factory. Those suffocated by mortgage and car loans in reality can find the thrill of 'risking it all for a chance to turn a bicycle into a motorcycle' here. Even if they know the big players hold the remote control, they still feel they can grab that K-line that will change their fate—after all, who hasn’t dreamed of lying back and counting money?
How to make 2 million from 20,000 in the crypto world? In the crypto world, you need to find a way to first earn 2 million as capital, and the only way to make 2 million from a few tens of thousands is through rolling positions. Once you have 2 million in capital, you will find that your entire life seems to be different; even if you don't use leverage, if you hold a spot that increases by 20%, you will make 200,000, which is already the income ceiling for most people in a year. Moreover, once you can grow a few tens of thousands to 2 million, you will also grasp some ideas and logic for making big money. At this point, your mindset will calm down a lot, and from then on, it's just a matter of copying and pasting. Don't always aim for making tens of millions or even a billion; start from your own actual situation. #币圈 #滚仓 #比特币
What does today's market drop unexpectedly signify? Liquidity above the big cake has been cleared, the daily K has broken through both momentum levels, and the key bos structure level has been breached. We are looking forward to seeing the target level as shown in the picture. #币圈 #比特币
Only self-salvation Never try to be clever with women who deal in coins, they don't even blink, once they get ruthless, you know. I don't want to take advantage of men who deal in ancient tickets, they spend money like water in the market, and they can easily lose or win millions, but they are reluctant to spend hundreds of dollars on life. Trading is actually the most difficult profession to succeed in the world, and it is also the easiest profession to make money. Young people should not touch it, those who are not wise, those who have not experienced the world and the warmth and coldness of human feelings, and those who are unwilling to embark on the path of practice. Only those who are in the same body of Buddha and devil will choose this path. This is a path of seeking inward. You must be good at emotional management, know how to enjoy loneliness, have a top understanding of human nature, dare to break through self-cognition, be gentle on the outside, and be decisive on the inside. Only focus on your own spiritual inner self and eliminate all useless social interaction. Such people may become a top grapefruit#区块链 #比特币 #炒币日记
Can you become the next myth? In this magical world of cryptocurrency, some people become rich overnight and achieve social mobility, while others lose everything and leave in despair. Today, let's explore what kind of people can truly reap tangible rewards in this ever-changing market. 1. Technical Geeks: Using code to unlock the secrets of wealth 2. Cycle Hunters: Accurately striking during the bull and bear transitions 3. Ecosystem Evangelists: Building a wealth moat with faith 4. Information Hunters: Capturing wealth opportunities amidst the noise 5. Risk Control Masters: Using discipline to counter human weaknesses The cryptocurrency world is never short of wealth myths, but those who can truly laugh in the end are always those who blend technical understanding, cycle insights, ecosystem beliefs, information advantages, and iron discipline into one. Filecoin proves the value of technology through the storage revolution, and its virtual machine token FVM is also improving ecologically, while Ethereum rewrites the wealth landscape through ecological prosperity. And you, what are you ready to use to write your own legend? Remember: In this 24/7 market, there is no luck in easy earnings, only continuously evolving strength.
Seven Iron Rules of the Cryptocurrency World for Achieving Financial Freedom. Achieving financial freedom in the crypto world, summarized into seven important rules! 1. If a strong coin drops for nine consecutive days at a high position, be sure to follow up promptly. 2. If any coin rises for two consecutive days, be sure to reduce your holdings promptly. 3. If any coin rises more than 7%, there may still be an opportunity for further gains the next day; continue to observe. 4. For strong bull coins, be sure to wait until the correction ends before entering the market. 5. If any coin has three consecutive days of dull fluctuations, observe for three more days; if there is no change, consider switching coins. 6. If any coin fails to recover the previous day's cost price the next day, exit promptly. 7. If there are three in the rising list, there must be five; if there are five, there must be seven. For coins that have risen for two consecutive days, enter at a dip; the fifth day is usually a good selling point.
Is trading cryptocurrencies really just about luck? What’s truly frightening in the crypto world isn't luck. "A day in the crypto market is like a year in the human world." The cryptocurrency market operates 24 hours a day, and stories of price surges and crashes are common. In just over a decade since Bitcoin's creation, its price has risen from a few cents to tens of thousands of dollars, creating an astonishing increase of 1.33 million times. Tales of overnight wealth circulate widely, leading many to believe that 'trading cryptocurrencies relies entirely on luck.' But is the truth really that simple? Money earned by luck can easily be lost through skill—many have experienced this harsh reality firsthand. As the industry develops, we have witnessed the birth of countless wealth myths, but we have also seen just as many tragedies of 'currency price going to zero.' This reveals a crucial signal: the real risks in the crypto world are not merely due to luck or chance, but are the results of the market's operating mechanisms, manipulation by major players, information asymmetry, and human weaknesses intertwined. Looking ahead, the crypto market will continue to evolve. Regulatory measures will reduce information asymmetry, market maturity will compress volatility, and enhanced investor education will alleviate irrational emotions. These positive changes will make it increasingly difficult to rely on 'luck,' but they also signify a healthier and more sustainable industry. In the future, profits will stem more from correct judgments and strategies than from blind luck. Information, logic, strategy, and human nature are the key words in the crypto world. By acknowledging the real risks and striving to improve oneself, one may stand a chance in this high-risk, high-reward new world.