How to Treat Cryptocurrency Trading as a Profession?
True cryptocurrency trading experts simplify the process. Repeatedly doing simple tasks leads to a high win rate of 98.8% in this short-term trading model. Learning this can easily take you from 100,000 to 10 million by focusing solely on this model. I know a friend from Ningbo who enjoys short-term trading and is particularly enthusiastic about many techniques. In just a few years, he has grown from small to large and is now living off cryptocurrency trading. I have improved his 'techniques,' and this year, through practice, he has turned an initial capital of 170,000 yuan into 19.93 million yuan in less than a year. I'm sharing this in hopes of helping fans!
How to effectively make money in the cryptocurrency space?
I am 32 years old this year and started trading cryptocurrencies at 22. In 2023-2024, my capital reached 8 digits. My current lifestyle includes staying at high-end hotels costing around 2000 yuan, with luggage and hats potentially bearing cryptocurrency symbols. This is much more comfortable than what the older generation experiences in traditional industries or what '80s kids do in e-commerce. I have hardly experienced business disputes and have fewer worries. I patiently summarize my insights; the biggest point in trading cryptocurrencies is having a good mindset, while technique is secondary.
In fact, the losses in trading cryptocurrencies are often the result of a battle between oneself. You might think, are these losses truly unavoidable? Actually, they are not.
I am 32 years old this year, started trading cryptocurrency at 22, and by 2023-2024, my funds reached eight figures. My current life involves staying in high-end hotels costing around 2000 yuan, with a suitcase and hat that may carry cryptocurrency symbols. It's much more comfortable than what the older generation does in traditional industries or compared to the 80s generation in e-commerce. I have hardly experienced any business disputes, and I have fewer worries. I have the patience to summarize my insights; the most important point in trading cryptocurrency is having a good mindset, while technique is secondary.
Without reviewing past performance, even with mountains of gold, it is in vain. While there is time, I will share five rules for everyone to understand, so you can trade cryptocurrency and support your family!
Is $2700 Ethereum the top? Can it drop below $2000?
Currently, the price of Ethereum has reached $2583, taking 112 days to fall from $4100 to $1300, but it only took 4 large bullish candles to rise from $1300 to now, which has already doubled.
Many people are still in disbelief, wasn't it said that this is a bear market? Wasn't it said that Ethereum is garbage with no value, and would drop to $1000?
How did it suddenly drop so quickly, and rise even faster? This is the bull market in the crypto world; the main players can take 3 months to decline, spend a year or two to wash out, destroy everyone's faith, yet only need a few bullish candles to achieve their true objective.
Now there are still many people in the market saying: Ethereum's rise this time is too rapid, it will definitely undergo a deep correction... Ethereum is basically done; this rise is just a brief flash, and it will soon plummet.
Those who did not buy Ethereum silently regret why they didn't buy more at $1300. Now, seeing such statements and prices, they are even more hesitant about whether to chase. Those holding Ethereum may still be on the road to break even, and after breaking even, what should they do? Sell immediately, or wait?
You will find that regardless of the price, there are always people saying it will rise or fall. From the current perspective, Ethereum looks very healthy, and I believe the future price will return to value. But if you can't understand the market, can't recognize the top signals, and only listen to others, then you will end up regretting it.
If we are not attentive to our own money, if we only desire results from investments without any desire to learn and work hard, then how can we achieve the results of the few? Work hard for your wealth, work hard for your future.
In the cryptocurrency market, remember these seven mantras!!!
1. Be patient and wait for consolidation: When the market is stagnant, don't make rash moves; after consolidation, the market will change.
2. Don't cling to short-term hot spots: When popular positions are heavily traded, once the hype is gone, funds will withdraw. Frequently change positions to manage risk.
3. Hold steady during the acceleration phase: When the K-line moves slowly upwards, with high opening and large volume, the acceleration phase has arrived; hold onto your coins for profit.
4. Exit after a massive bullish candle: When a massive bullish candle appears, regardless of the price level, funds should decisively withdraw.
5. The moving average support level is the key buying and selling point: Moving averages and support/resistance levels must be executed even if mistaken.
6. Better to enter less than to enter too much: Prepare well before taking action; the cryptocurrency market is unpredictable, so proceed with caution.
7. Always respect the market and dare to forge new paths: Only by walking the road that others dare not take can you achieve excess returns!
If any friends have questions, feel free to communicate, and you can also bring
CPI cools down but the Fed's hawkish stance remains!!!
1. Market news: A dual game of policy and data 1. CPI data slightly below expectations: The US April CPI rose 2.3% year-on-year (expected 2.4%), with core CPI up 0.5% year-on-year, showing that inflation pressure is moderating but still above the Federal Reserve's target. Although the data alleviated concerns about aggressive interest rate hikes, Fed Chairman Powell emphasized that 'more evidence is needed to confirm inflation is under control,' leading to a delay in market interest rate cut expectations until September. 2. Bitcoin holds the 100,000 mark: Bitcoin reached a high of $105,700 yesterday before falling back to the $102,000-$103,000 range, with a 24-hour decline of 1.6%. The total liquidation amount exceeded $800 million (with long positions accounting for 65%). Ethereum also retraced to around $2,450, but XRP rose by 5%, indicating increasing market differentiation.
How can you survive in the cryptocurrency world for a long time?
I rolled over from 500u to 50,000u, and my winning rate in April was as high as 94% This method has no technical threshold. As long as you follow the steps, you can earn at least 3%-10% more profit every day in the later stage! Method details: Trading in batches and in installments 1. Batch fund management Suppose you have 10,000 yuan in funds, divide it into 5 parts, and only use 2,000 of them for each transaction. In this way, even if the market fluctuates, you can still retain funds to deal with emergencies. 2. Test the waters with a small investment First, use 2,000 to test the waters and buy a currency to test the market trend and avoid the high risk of a full position at one time. 3. Add more positions when the price drops If the price of the currency drops by 10%, use another 2,000 to increase the position, reduce the holding cost, and wait for a rebound to make a profit.
The sentiment has been fully consumed The U.S. has reduced the average tariff on Chinese goods from 145% to 30%, while China has simultaneously reduced tariffs on U.S. goods from 125% to 10%, with both sides suspending some tariff increases for 90 days. - Market risk appetite has significantly increased, S&P 500 futures soared 2.8%, gold and other safe-haven assets are under pressure, Bitcoin, as 'digital gold', has lagged in short-term performance but shows improved long-term liquidity expectations. 3. Ethereum Pullback Pressure: Ethereum peaked at $2,620 and retraced to around $2,500; technical indicators show weakening RSI and MACD momentum, with short-term support at $2,450; if it breaks below, it may accelerate the pullback.
China-US negotiations and whale movements intertwine, a critical battle at key support levels
I. Market news: Severe fluctuations in policy and prices**
1. Bitcoin surge and retreat: Bitcoin reached a high of $105,000 yesterday, setting a new high for 2025, but quickly retreated to around $103,000, fluctuating with a 24-hour amplitude of 4.5%, and the total liquidation amount exceeded $1.5 billion (with long positions accounting for 68%). 2. Ethereum major fluctuation: Ethereum was boosted by increased on-chain activity after the Pectra upgrade, briefly breaking through $2,600, but then plummeted below $2,500, with a 24-hour drop exceeding 5%, and the liquidation amount in the derivatives market reached $438 million (with shorts dominating).
What is the logic of making money in the crypto world?
The essence of making money is never relying on short-term fluctuations but rather understanding the logic behind the market. • The core of trading is survival; only by living long can one wait for big opportunities. • Short-term price fluctuations are noise; the real money is made through long-term trends. • Emotional trading is the root of losses; institutional trading relies on rationality + discipline. Recently, a friend came to me complaining that he bought a token from a 'star project' at a certain exchange, and as soon as he bought it, it halved, and now he is stuck. I asked him: 'Do you know who the core team of this project is? What are its ecosystems? How many real users are there?' He knew nothing, purely rushing in after seeing others hype it. This is too typical — most people lose money not because the market is bad but because of the significant information gap.