After 3 years of being a son-in-law, called a useless person for 3 years, washing my in-laws' feet every day and being beaten and scolded by my wife. When the child was born, she was overjoyed to the point of tears, but instead received a divorce agreement, revealing that the child was actually born from her previous boyfriend. After enduring for 3 years, things only got worse, and I could no longer tolerate it, no more patience needed, 👀 Come to my homepage to hear about my revenge plan [kitchen knife][hug][bomb]
Ten Key Points for Cryptocurrency Trading In the crypto world, achieving financial freedom and class jumping must follow the iron laws of the market: the ten key points for wealth through cryptocurrency trading 1. Keep a close eye on Bitcoin trends In the crypto world, Bitcoin often leads the direction of rises and falls. While Ethereum can sometimes show strength and perform independently, most altcoins are influenced by it. 2. Pay attention to the relationship between Bitcoin and USDT Bitcoin and USDT often move in opposite directions. When USDT rises, be wary of Bitcoin falling; when Bitcoin rises, it is an opportunity to buy USDT. 3. Seize trading opportunities in the early morning From midnight to 1 AM every day, there is a tendency for price spikes. Domestic crypto enthusiasts can set low buy orders for their desired coins before sleeping and high sell orders, which may result in pleasant surprises and easy profits. 4. Observe the morning rise and fall trends From 6 to 8 AM every day is a critical time to determine whether to buy or sell. If there is a continuous decline from midnight to 6 AM, and it is still falling, it is advisable to buy or average down, as there is a high chance of a gain for the day; if it is continuously rising, it is advisable to sell, as there is a high probability of a drop for the day. 5. Pay attention to afternoon volatility Particularly at 5 PM, special attention is needed due to time differences, as American crypto enthusiasts begin trading, which may trigger price fluctuations, and many significant rises and falls occur at this time. 6. Beware of 'Black Friday' There is a saying in the crypto world about 'Black Friday'; while there may be significant drops on Fridays, there can also be large rises or sideways movements, so keep an eye on the news. 7. Be patient with declining coins If a coin with a certain trading volume drops, do not worry; holding it patiently can lead to a return. The short term can be 3 to 4 days, and the long term can be a month. If you have extra money, consider averaging down to speed up the return. Unless it’s a worthless coin. 8. Stick to long-term spot trading Engaging in spot trading and holding the same coin long-term with few transactions often yields greater returns than frequent trading; it just depends on having patience. 9. Pay attention to external influencing factors The crypto world is turbulent and influenced by multiple factors, such as countries' attitudes towards cryptocurrencies, which can lead to declines; U.S. financial policies, such as rumors of a wealthy tax; and influential figures' opinions on cryptocurrencies, like remarks from Elon Musk. Keep an eye on financial news. 10. Maintain a good trading mindset A good trading mindset is crucial; do not panic during significant drops, do not become arrogant during large rises, and ensure to secure profits. #币圈知识 #区块链 (🐧👗👀 Home)
Why do many people lose money trading contracts, and how should contracts be traded to make a profit? (The following is one of my long-term trading experiences summarized for volatile markets)
Note: The following techniques are only for Bitcoin (do not trade contracts with small coins)
1. How to open a short position: 1. Opening point: Mainly judged by the important moving average group above the 4H level to determine the entry point for short orders in batches. For example, if the MA60 moving average above the 4H level continuously suppresses the price, then use this moving average as the timing to enter short orders. 2. Stop loss: Place it above the previous high after a spike upwards and then a drop. For example, if the resistance level is 2440 and the spike reaches 2450, then place the stop loss above 2450.
2. How to open a long position: 1. Opening point: Generally based on the support below the same level or one level higher as the entry point for long orders in batches. 2. Stop loss: Place it below the previous low after a spike downwards and then a rise. For example, if the support level is 2320 and the spike reaches 2310, then place the stop loss below 2310, around 2300.
3. Drawdown control: 1. Stop loss on capital: 20% of total capital; if reached, do not open any more orders that day. 2. Daily operations generally focus on two trades, keeping the single trade stop loss at 10%. 3. The size of each opening position should remain consistent.
4. Entry methods: 1. Try to enter in batches, do not load all bullets at once! 2. Try to follow the trend when opening orders; when the main trend is down, try to open short orders, and vice versa.
Precautions: 1. Never think about going all-in for a quick fortune; stable compounding is the goal; having the mentality of killing the market equals liquidation. 2. Only trade in markets that belong to you! Learn to stay in cash, do not force trades. 3. Try not to make night trades; if you do, try to hedge. 4. Try not to open trades on weekends; if you do, allow at most one stop loss. 5. After being stopped out, control your mentality; do not get emotional #合约养家
Friends in the crypto space exchange experiences Guide for beginners entering the crypto market: The cryptocurrency market is full of opportunities, but also comes with huge risks. For newcomers, blindly following trends may lead to total loss. Here is a systematic preparation guide to help you avoid common traps and start your investment journey rationally. 1. Solidify your foundational knowledge 1. Understand the core concepts of blockchain First, understand what decentralization, distributed ledger, and smart contracts are before discussing investments. Recommended reading: 'Bitcoin Whitepaper' and Ethereum official documentation. 2. Recognize mainstream asset classes Bitcoin (BTC): Digital gold, market value barometer Ethereum (ETH): Cornerstone of the smart contract ecosystem Stablecoins (USDT/USDC): Fiat-pegged risk-hedging tools Altcoins: High-risk, high-volatility assets 3. Master key terms Such as private key/public key, Gas fees, market capitalization, liquidity, contract leverage—at least be able to distinguish between 'spot' and 'contract' before operating. 2. Practical entry strategies (start with small steps and trial and error) 1. Practice spot trading Use $100-$500 to test the waters, familiarizing yourself with buy/sell orders, market orders, and setting take profit/stop loss. 2. Dollar-cost averaging in BTC/ETH Buy at a fixed time each month to smooth out price fluctuations (e.g., automatic deduction on payday). 3. Continuous learning and information discernment - Data tools: CoinGlass for liquidation data, Dune Analytics for on-chain positions. - Contrarian thinking: When social media is wildly discussing 'hundred-fold coins', it is often a signal to sell. Final advice: The crypto market operates 24/7, and price fluctuations are extreme. Be mindful of your daily monitoring time and avoid emotional trading. Remember—making money in a bull market is luck, surviving in a bear market is skill. #比特币 #区块链 #交流 (🐧👗—👀 Homepage)
Essential for beginners in the crypto world, pure practical information Must-learn for beginners in B circle Cryptocurrency trading = Spot trading Perpetual contracts = Contract trading Placing an order = Making a trade (refers to the user's trading operation) Buying = Going long = Bullish on cryptocurrency price (for example: if a user buys BTC at 50,000, they profit when the price rises above 50,000) Selling = Going short = Bearish on cryptocurrency price (for example: if a user sells BTC at 50,000, they profit when the price falls below 50,000) Market order = Current price order (trades executed at the current market price, quick operation) Limit order (users can set a specified price for an order, for example: if the current price of BTC is 50,000 and the user thinks the price will rise to 50,100 and then fall, they can place a limit order to short at 50,100, which will automatically execute once the specified price is reached) Position: Refers to the user's holding situation after placing an order Full position = All in (user invests all funds in the account into a single trade) Reducing position: Selling part of the position but not all Heavy position: Investing a large portion of funds in trading (for example, if the account has 50,000, the user invests more than half of the funds) Light position: Investing a small portion of funds in trading (for example, if the account has 50,000, the user only invests a small amount) Empty position: Funds in the account have not been traded Take profit: Selling virtual currency after profits reach a certain level to lock in gains Stop loss: Selling virtual currency after losses reach a certain level to avoid greater losses Bull market: Market conditions are continuously rising, outlook is optimistic Bear market: Market conditions are continuously falling, outlook is pessimistic Bullish trader: Buyer, believes the cryptocurrency price will rise, profits by buying low and selling high Bearish trader: Seller, believes the cryptocurrency price will fall, profits by selling high and buying low Rebound: A temporary rise in price during a significant decline Consolidation (sideways): Cryptocurrency price fluctuates little, overall trend is stable Downtrend: Cryptocurrency price declines slowly Waterfall: Cryptocurrency price drops rapidly, with significant decline Cutting losses: User makes a wrong judgment, for example, going long when bullish but the price falls, selling at a low price to minimize losses, or going short when bearish but the price rises, being forced to stop loss and exit Being stuck: User misjudges the trend, for example, going long when bullish but the price drops significantly, resulting in large losses (🐧👗👀 Homepage)
The truth learned after 100 liquidations: Contract players who do not set stop losses are destined to be cash cows for the manipulators!"
Why do 90% of contract players end up losing everything? Because they do not set stop losses at all!
Just today, a fan opened a position without a stop loss and got liquidated, so I’ll take this opportunity to teach everyone a lesson.
I have seen too many people turn 100,000 into 1,000,000, only to lose it all due to one bad hold. Today, I will share all the stop-loss secrets I learned from being liquidated multiple times!
In March 2023, BTC surged from 28,000 to 31,000, and I shorted with 5x leverage, thinking: "I’ll close if it retraces." As a result, it soared to 35,000, and I got liquidated!
In January 2024, SOL broke 120, and I chased the long position with 10x leverage, thinking: "I’ll exit if it breaks the previous high," but it plummeted to 98 and went to zero!
Bloody lessons: Holding once might keep you alive, but holding ten times will definitely lead to death. All liquidations start with "just wait a little longer."
II. Stop Loss Techniques (Survival Version) 1. 3-Second Stop Loss Rule (Must learn for beginners) You must set a stop loss within 3 seconds after opening a position. Stop loss range: Inverse of leverage (20x leverage → 5% stop loss) Example: Open 10,000 U with 20x leverage, set stop loss at 500 U (5%)
2. Dynamic Stop Loss Technique (Essential for advanced users) Floating profit of 5% → move stop loss to breakeven price Floating profit of 10% → move stop loss to profit of 5% Floating profit of 20% → move stop loss to profit of 15% (Like saving in a game, never let the profit part go back)
3. Emotional Stop Loss Method (Psychological Control) Three consecutive losses → close the software and lift weights for 1 hour Euphoria after profit → immediately withdraw 50% (Decisions made when euphoric are 99% wrong)
III. Practical Case: How to Use Stop Loss to Capture Entire Market Movements May 2024 ETH operation: Open long at 3600, 20x leverage, initial stop loss at 3520 (2.2%) Rising to 3700, move stop loss to 3620 (breakeven) Surging to 3800, move stop loss to 3720 (lock in 3% profit) Finally, it skyrocketed to 4100, capturing the full increase while only bearing 2% risk.
IV. Stop Loss Advice Stop loss is not admitting defeat; it is a tactical retreat. All big players have been liquidated; the difference is that they set stop losses quickly. The crypto world is never short of opportunities, but what is lacking is the capital to survive until the next opportunity.
What is btc? It is belief, it is consensus, it is wealth, it is treasure, it is something that drives people crazy. Just hold it (👀 check the homepage)
This is a screenshot from my friend, who played for the first time this month and got trapped. I told him not to bottom fish, but he wouldn't listen. I'm really done with these silly retail investors (🐧👗👀Homepage)
The BTC market yesterday closed with a bearish candlestick, breaking below the support level of 85600. It is currently hovering around the 84000 level. According to the trend, it has broken below the support level of the phase of rebound, so we need to pay attention to the lower range of 81300-82000. The key defense point is at the 80000 level. If the 80000 level is broken again, it will return to the support area of 76-72-68. However, we don’t need to look that far; for now, we should focus on the smaller support level in the 82000 range.
Lastly, It has been a while since I mentioned this again. There may be a possibility of a final drop in this round. I still see 70k-75k for bottom fishing, waiting for the main upward wave. Perhaps it’s not this round of decline; there will be rebounds during this time, but I am still waiting for the final drop.
Let me share a simple operational idea for those new to contracts, to implement a leverage operation in contracts.
Here's a basic framework summarized for everyone: ① First, buy in 20% ② If the purchase is wrong and incurs a 10% loss, immediately stop-loss, with the amount lost being 2% of the total position. ③ If the purchase is correct and profits by 10%, immediately increase the position by 20%, if it rises another 10%, increase the position by another 20%, and finally increase by 40% in one go to maximize the gains, then as long as there is no 10% loss, hold the position. If there is a 10% drop, immediately liquidate the entire position. The general idea is to minimize risks, similar to the king of speculation, Livermore. Of course, this is just a rough framework; implementing it will definitely encounter many uncertainties because the market is variable. I often execute this method during trading, and overall, the results have been quite good so far, but it's not a hundred percent guaranteed; it just reduces risks and increases profitability. When trading contracts, one must have a method; otherwise, one can only become a victim.
Open short positions at 85500 to 86000, with a stop loss at 86500 to 87000, stop loss of 500 points, target at 84500 to 84000, if broken look at 83500, Open long positions at 83500 to 83000, with a stop loss at 82500 to 82000, stop loss of 500 points, target at 84500 to 85500, if broken look at 86000,
Manage your own position (don't be greedy)
👗🐧 Check the homepage, and achieve financial freedom together with experienced traders.
Thinking the market has bottomed out, starting to buy the dip. (Such courage) Heavy position, still high leverage. When losing, start cursing (retail investors) Go trade stocks, trading crypto is not suitable for you.
Share some contract experience, old investors can skim through, newcomers take note.
1. Never All-in - It is recommended that each opening position does not exceed 5%-10% of total funds to avoid a single loss leading to liquidation. - Use the "Pyramid Positioning Method": gradually increase positions when profitable, and never add positions when losing.
2. Use leverage cautiously - Newbies are advised to start with low leverage (5-10 times) and gradually adjust after becoming proficient. - High leverage (such as over 50 times) will amplify volatility risk and should be paired with strict stop-loss measures.
3. Set stop-loss and take-profit - **Stop-loss**: set based on support/resistance levels or a fixed percentage (such as 3%-5%) to avoid holding losing positions. - **Take-profit**: take profit in stages (e.g., close 50% of the position at the target price, and use a trailing stop for the remaining part).
As long as position control is appropriate, leverage is not too high, and timely take-profit and stop-loss measures are implemented, even if you are a newcomer, you can avoid losses.
Home page has 👗🐧, see how old investors achieve position doubling.
Remember this, if the callback does not happen when it should, it indicates that the direction has already emerged. 👆Check my profile introduction👗, I will use my 7 years of trading experience to teach you how to turn losses into profits.