2024 is almost over, and the days feel like they are passing quickly. In this time, we have experienced many events, the U.S. election, ongoing wars, and various matters affecting the world, and we are about to move on.
The world is hard to change because of just one person, and the market is the same. We can only continue to stay in the market, continue to take risks to obtain more rewards. In these past few months, during the days of not excessively watching the market, I have actually earned a complete period.
Bitcoin has broken 100,000, and many people once regarded it as a joke. What surprises me is how quickly the slap in the face came, so suddenly. The long-term holding strategy has also yielded good returns, which further indicates that time is the best friend of retail investors. Staying healthy and living long is more important than trading intensity!
No need to say much, no need to post much; I just hope everyone can get rich together.
As someone who trades spot, I have been purchasing according to a strategic plan for several weeks. My initial target for the trading account is $5000, and I am setting the time frame for achieving this target to about 2 years later, around November 2026, to reach the total investment amount of all my investment plans. However, in order for the overall cryptocurrency market to reach the target value, I need to observe trend changes before we can discuss it. It is indeed difficult to provide a specific time, but it is definitely a long-term plan, which is also the trading method that Water Grass highly advocates.
If you want to follow Water Grass's trades, remember to prepare other funds as well, because Water Grass usually has other uses for cash and typically does not put everything into the trading account. Instead, additional funds are added as needed based on strategy, and excess funds are withdrawn. So, make sure to check if you have enough money if you want to follow along.
These past few days have seen a surge, and I can't say it was anticipated; rather, no matter what, I stick to my strategy and won't change it. Only when the price reaches certain indicators that I need to sell will I place additional trades, making investing in cryptocurrency a straightforward process that earns me profits over time.
The market has generally returned to a bullish trend, but we have already accumulated a significant amount of spot in the second phase. We are not right-side traders, so I do not recommend everyone to go all in at this time. If you want to enter, do so slowly according to your plan, and even consider selling a larger portion when it gets overheated. Respect the market, and do not FOMO. $BTC $SOL $SOL #定期投資 #計劃買入 #投入現貨最好的時間就是現在 #要每段時間投入小部分資金 #改良定期投資法
In the past two weeks, aside from basic purchases, Aquatic Plants did not take much action. The short position in Bitcoin hit the stop-loss point, prompting me to reflect on my strategy, which is still too narrow in scope. However, the short position in Ethereum did yield profits, but it can only be considered as a hedge at most. Holding spot positions still occupies the majority, which is also the recommended approach by Aquatic Plants.
Currently, although the market seems to have broken through the downward channel, it still struggles to surpass the previous highs, indicating that the market situation is not yet clear and is still in a consolidation phase. This is the charm of the market — all predictions are probabilities, not absolutes. Overall, I believe that from a long-term perspective, it is not yet the time to be bearish, but one should gradually accumulate at low points rather than buy at high points. This is the most suitable strategy when the market is in the second phase. Until the trend is confirmed to have truly reversed, one should not easily cut losses or give up.
In a book about trend trading, I once read this viewpoint: Predicting price levels often does more harm than good because all horizontal and diagonal lines are artificially drawn, based on historical market conditions, and cannot provide guarantees. Furthermore, these lines may bring fixed biases, reducing investment flexibility. Therefore, it is recommended to use trends as a basis for judgment — decisively cut losses when the trend is wrong; when the trend is right, one should expand profits.
As someone who trades in spot markets, I engage in mechanical activities once a week during this period. Of course, in my strategy, this week's task is to sell a small amount, and I hope that this gradual accumulation of assets can reach my goal. Currently, the first step is to raise the trading account to 5000U and ultimately maintain it at around 10000U in terms of fluctuations. I aim for the overall cryptocurrency market to reach 100000U, which requires long-term effort and may only be achievable in the next bull market cycle. The most crucial thing at the moment is to survive in the market.
In my last post, I mentioned opening a small short position, and I ended up doing it, but the position wasn't very good as I didn't open the short at the upper edge. This is a bit regrettable.
The overall market is caught in a tug-of-war, but I feel that the bulls are slightly stronger. I look forward to the surprises that cryptocurrencies will bring me, respect the market, and avoid FOMO.
After switching to spot investment, I can sleep well. Even if there is a sudden rise or crash, I can laugh it off. People must learn to invest, but they cannot overreact. Don’t be overly sensitive to information just because you have invested. Long-term investment planning , Good financial control, so that you can live a long life is the first priority.
Because we all use weekly K to observe, it has been maintaining a volatile pattern. It is actually a pattern where we can try short-selling, but the reason why we haven’t done it is because we don’t want to spend too much time on management. If we really want to do it, we should also do hedging. It’s just an operation.
I have read many investment books recently, and Bradford. In the general investment course written by Cornell, one of the three concepts in historical data is mentioned, "data exploration." It describes that when we observe data, we may have hunch and conscious discovery of some historical data. There are irregularities that appear to be regular, but the randomness of the financial market is too strong. After repeated experiments, these regularities may not be valid, and may just be regular anomalies over a period of time. $BTC $ETH $BNB #現貨帶單 #持續買進 #長期投資
It’s been a long time since I’ve posted. I’d like to share the rollover strategy I wanted to implement some time ago. As far as the overall results are concerned, it was unsuccessful. Although it doubled several times at the highest point, in the end I still couldn’t control the risk well and most of them fell. Went back.
The reason why it was not a complete failure is that it completely changed my mind about investing, because the ups and downs at that time had a considerable impact on my life, and even my work was affected. After thinking about it for a while, I decided to cut off the contract. link.
Now I am a pure spot guy, relying on slowly buying and accumulating assets. I only adjust it once a week and only buy leading stocks. Of course, there are also small coins, but I buy them in small quantities and combine them into sectors similar to ETFs.
Buying is planned, and adjustments will also be based on technical indicators to determine the amount of adjustment. If there are other spot stocks that are not put into the account with orders, they will be bought through pledge loans when the market drops rapidly. You will not make a lot of money quickly by following orders. , but you will definitely not lose all your money.
I cannot guarantee that my performance will be as good as that of other great masters, but I believe that I can survive on a year-by-year basis. As long as the market exists, I will continue to exist.
Dreams of water plants, dream diary Total account amount 4034, 2023/12/22
Tens of thousands of coins will be issued in December, and small coins will be rampant. It is a lovely and terrifying opportunity.
In the days after the 16th, although the high-leverage strategy improved, the constant need to keep an eye on the market really weakened my mental strength.
A few days ago, I transferred about 600U worth of Bitcoin spot from another wallet and took out 0.0025 to start my rollover plan.
And soon broke my promise🤣 and started to use the method of rolling positions to treat altcoins
Unexpectedly, the profits started to rise continuously. It felt like picking up money... but my mood began to have bad thoughts, what to do if it crashes?
But the practice of rolling positions is destined to make me have limited losses and unlimited profits. Although the chance of success in rolling positions is very low, it is indeed a good way to amplify profits.
In December, we worked hard to amplify the results and earn back the principal, and then continue to study the leverage operation of a single currency in depth!
Dreams of water plants, dream diary Total account amount 2503, 2023/12/16
I started to implement the contract grid strategy in November. I made a profit of US$1,000 in a single month in November, and my capital level rose a lot instantly. But the next month, the nightmare began.
From December to today, I have almost lost my money back, with about 200U of profit left, but I am thinking more and more about whether I am too tolerant of losses and too harsh on profits.
So I think that using a high leverage strategy for single-currency operations, we only operate ETH and leave everything else alone. We only look at prices and line charts, and don’t care about anything else. We don’t look at profits and losses, but only look at discipline.
See what results you can achieve by the end of December, whether it will be a sudden fortune or a sudden loss.