Newcomers in this industry will definitely incur losses, which is referred to as tuition. Engaging with every new thing will always require paying tuition until you master it.
Unless you stick to one path all the way, which allows you to earn money faster, or even start out making a profit, earning all the way.
For example, if you believe in BTC and only focus on BTC from the beginning, hasn’t it multiplied several times over these years? I entered the cryptocurrency space primarily for BTC and have a certain understanding, but I did not stick to one path all the way. Newcomers need to understand these things first and act according to their asset capacity. #币圈 $BTC
Treasure summary, waiting for the destined person to discover:
1. A bullish phase occurs after a low position or a golden cross on the daily line.
2. A bearish phase occurs after a high position or a death cross on the daily line.
Adhering to these two points will ensure stable profits in short and ultra-short positions; otherwise, even if you have a stop-loss, you will face consecutive losses and ultimately risk liquidation.
Whether it’s moving averages, Bollinger Bands, MACD, KDJ, SAR, RSI, VOL, or trend lines, I understand all of these, and I use them daily. I analyze from minute charts to monthly charts, and Bollinger Bands, MACD, and moving averages are quite useful, while others serve as supplements. Some indicators can even be misleading, which is a primary reason analysts lose money; they can be deceptive. If you take overbought or oversold too seriously, you will lose.
At least doing long trades after a golden cross on the hourly chart is safer.
I have found that most people in the square have misconceptions about the liquidation chart. Furthermore, the liquidation chart can only serve as an aid to estimate how far the fuel can support.
Most news leads to bearish sentiments.
Do not hold both long and short positions in a one-way market.
After a new coin drops, do not go long on a golden cross on the 4-hour line; it’s highly likely to deceive those who understand indicators, followed by a false rally and then a continued drop. Even the golden cross at the daily low should be accompanied by a stop-loss.
It is essential to maintain a good mindset and avoid frequently chasing highs and cutting losses. Be sure to wait for positions to open at peaks or troughs where stop-losses can be minimized; otherwise, no matter how skilled you are, you will incur significant losses.
The more you know, the easier it is to panic, fearing this and that, which prevents you from holding and utilizing your strengths. U.S. stocks and news can have an impact but cannot determine the original trend of Bitcoin.
Bitcoin is often the coin that falls the hardest most of the time; with fluctuations of over ten percent plus high leverage, it’s easy to face liquidation. Sometimes, while the chart appears bearish, it may give you a false spike before dropping again. Clear out the short positions before reversing to long. Without stable operations or ample free time, do not look at the square to engage in ultra-short Bitcoin trades along with others. At least operate at the daily line level.
To stabilize, focus only on mainstream coins and altcoins you are familiar with. Avoid opening multiple high-leverage positions simultaneously; otherwise, a sudden surge can lead to disaster and impact your operations negatively.
If you can truly understand what I’ve mentioned above and delve into it, you will be ahead of 99% of the people in the square. You won’t need to look at their posts or most of the misleading posts, as you will be the expert yourself.
In the crypto world, losses can be heart-wrenching; I hope it can help you reach the shore early and realize your dreams.
《Experience Sharing》Is the primary market really profitable?
Whether it is profitable depends on your experience; it certainly cannot be earned overnight.
For someone like me, an experienced trader in the secondary market who understands the charts, I have also been trading daily in the primary market and studying for a whole year, paying a lot of tuition before stabilizing. I’ve taken notes and recorded experiences repeatedly, filtering through several pages in the end. You must understand that to fully grasp anything in the cryptocurrency world, you have to treat it like a "school."
Many of the smart money and whales making money are essentially lottery players; they chase after coins that are about to skyrocket. Most coins lose value while some can surge by dozens or even hundreds of times, but it can only be said that their bets are experienced, and their success rate is much higher than yours.
Thinking that the prices have dropped enough and believing they will skyrocket, only to jump in upon seeing these... all of this is gambling; if you guessed right after the fact, you’ll say you bought at a good position. Technical trading requires analyzing the charts, looking for volume at certain positions, checking for continuity, and predicting how high it will rise... this is how you truly earn money through skill.
Playing very short-term trades in the primary market, while closely observing the movements of smaller timeframes, is the safest approach. However, since you focus on smaller timeframes as your main strategy and larger timeframes as a supplement, you must not miss out on monitoring the market every minute. Otherwise, if you make a move in one wave and the next wave starts to surge, you cannot get distracted by other things as constantly monitoring and analyzing in real-time can be exhausting.
My few articles on the primary market can honestly be said to represent top-level profitable directions in the primary market. I express my sympathy for the newcomers, but of course, you need to conduct your own practical research on the details; I do not recommend lazy people to mix in the cryptocurrency circle.
The 0 Rebound Coin disguised as a normal currency in the primary market Characteristics: There is a narrative, but it is mostly related to AI narrative coins; the holding addresses and various data appear very normal.
After a surge, it shows a garbage trend, breaking all levels of moving averages.
After a pullback at the 15-minute line and higher levels with a golden cross, it shows a reverse indicator trend (instead, it declines).
The more you add to your position in this type of coin, the more you lose, and a single coin can even bankrupt you.
As for Pi Xiu coins and conspiracy schemes, it's better not to discuss them here since their data clearly indicates to avoid them (recognizing them is an introductory lesson to the primary market).
Some additional summaries: Although some are good projects, if their websites do not mention CA, they may fail catastrophically, and no remedy can bring it back afterward.
Those without a narrative that use photos of celebrities or famous objects will all be low-quality, and they cannot recover after a significant drop.
Non-premium projects should not attempt to buy on dips at moving averages; only invest after a significant drop with a 15-minute or 30-minute golden cross rebound, induce buying and sell directly, do not add to your position.
Experienced Traders Discuss the Essence of the Primary Market
Advantages: Coins in the primary market are not affected by BTC, they are of the spot type, and can easily experience rapid increases (ten, hundred, thousand, ten thousand times)
Disadvantages: 99.9% of coins quickly drop to 0; any coin that survives more than a day is considered a good coin.
Summary: Lottery-style gameplay is unrealistic.
Check addresses, review narratives, analyze data.
The core strategy is to play new coins released on the same day, which can yield high multiples. Based on experience, find 1-2 coins that are likely to have a higher survival rate that day; experienced traders do this every day and make a profit.
I personally prefer the pullback strategy because I understand the charts; there will be more opportunities for pullbacks. The success rate of rebounds off moving averages is lower than the golden crosses of indicators like KDJ or MACD, but it still depends on the type of coin. As for celebrity-endorsed coins, I regret to say they are just a trend; they are only suitable for early purchases.
Key buying points are the golden crosses on 15, 30-minute, 1-hour, and 2-hour charts after a significant drop and pullback. If it seems like a trap, sell quickly and wait to re-enter at the next level. Those playing in phases must be able to customize indicators.
Many experienced traders tend to average down, which is extremely dangerous in the primary market; absolutely avoid random averaging down.
Position management should be divided into 10 parts, etc., to avoid heavy positions.
Excluding luck, making money in the primary market requires very rich practical experience.
If someone tells you to buy the internal market in the primary market, it is highly likely they are a shill, and the coin they promote is likely a conspiracy coin, with many coin-holding addresses being phishing addresses, self-directed scams, just like the Pixiu coin scenario where you suddenly buy in and it crashes to 0.
Also, those pre-sale coins, pre-sale groups, minting, and private placements by fellow countrymen are basically scams.
Unless you are very familiar with the narrative of a coin and its developers, you might consider buying that internal market coin, which is known as the sniper strategy.
Do not hold onto the belief that such projects will reach a large market value, and do not assume that a high real-time transaction volume means success. Everything should be based on candlestick charts, and pay attention to even the 1-minute chart as a small level.
In pullbacks, I have encountered the highest rapid increase of more than 200 times, as shown in the chart; I participated in that at the time.
The contract $BABY has always been about data killing, ever-changing, and there are no absolutes. Still, the same saying applies: whether going long or short, do not have a grand view, and do not be ostentatious.
This type of coin $FUN is truly controlled by a whale. A large amount of coins were borrowed with leverage before the pump, and after the pump, there is a short position in spot and a long position in contracts. The goods have been stored here for a long time, eating up funding fees, and retail investors are desperately selling but can't bring the price down. With a lot of money in altcoins, one can act freely.
This time the voting for new tokens features all kinds of strange characters, with circulating market values ranging from 100 million to 1 billion. Currently, the lowest market value is bigtime, which can be followed for a wave. This thing can only be used for making short-term trades, there won't be any big patterns to speak of. bigtime used to earn virtual currency by playing games, and now it has appeared in the Anan voting for new tokens. $BTC
A Brief Discussion on 'Contract Grid' Contract grid is suitable for medium to long-term trading. It features automatic and frequent limit orders, as well as extremely low fees. In simple terms, as long as you get the big direction right, you can continuously make money.
For example, if you short and the price rises and then returns to the original position, you still make a profit. However, if it were a contract, you would not make any money in such a situation.
Contract grid is more suitable for traders with larger capital; the grid range should be large, as errors or reverse movements can easily cause significant losses.
For short-term, ultra-short-term, or small range grids, it is better not to get involved, as it can lead to losses during a sudden surge or drop.
Additionally, it is important to understand the tops and bottoms, and you need to have the ability to adjust the grid, as the grids available on the market may not fit the current situation. $BTC
The short sellers on $LINA must be making a fortune. After looking at the contracts, it seems they can only stare in disbelief... The contracts will automatically close and settle in 16 minutes.
In fact, after gaining experience and skills, to make big money, you only need to understand one thing: wait and focus on doing what is easy to do. The success rate is very high for those, and large amounts of capital should be invested in those, rather than rushing in as soon as there is an opportunity.
$BTC recently researched the newly released event contracts. This thing looks at the overall winning rate of the contracts, meaning the winning rate of all segments. Most people base it on the winning rate of a certain segment, which can cause mismatches with other segments. The high winning rate experience of your type of segment may result in a winning rate of less than 10% when applied to other segments. Plus, using a martingale betting strategy will ultimately lead to severe losses.
Here, I want to share some of my experiences: Do not use martingale strategies; instead, divide your funds into 10-20 parts. As long as your overall winning rate for the contract is high, you will eventually profit without taking on such high risks.
There are three overall segments: bullish, sideways, and bearish, all of which are large-scale, long-term. For example, we are still in a large-scale bullish segment.
The best approach is to buy during numerous pullbacks in the large-scale bullish segment. Buying long in this type of segment is super easy to win, while in the large-scale bearish segment, do not take any long positions or directly short the contract.
The follow-up on the Melania toxic address sent earlier and my views on the subsequent trends.
The daily chart has improved, and I believe the future trend will be a pullback and an upward fluctuation.
Let's talk about the toxic address mentioned earlier. The address shared before can be seen as a small warehouse; in fact, there is also a large warehouse. These two addresses are exchanging tokens with a total amount of 2 million coins, as shown in the image.
As long as a few whales stock up, the sellable amount is limited. No matter how much they manipulate and crash the market, the price will only continue to rise.
Additionally, the Trump coin will also reach a low point on the daily chart in the next couple of days. Melania was late to drop but has already reached a low point on the daily chart. #Melania #TRUMP