Spot can only be bought for growth, contracts can be shorted. If you have a lot of money, buy spot in batches. Don't touch the copycat and buy BTC ETH. You can also make fixed investments. If you have less money, buy contracts and try your luck to turn a bicycle into a motorcycle. Or when the market is falling, you can also buy contracts to short.
It took me nearly 2 years to really make my first pot of gold in the cryptocurrency circle. I came into contact with Erquan contract trading in 2018. I was fearless at the time. I lost more than 800,000 in half a year with my own strength. I was still working at that time. Although most of it was my own savings, I didn’t dare to let my family know because they didn’t understand and support me from the beginning. I think the most uncomfortable thing is not how much money I lost, but the feeling of loss. The negative emotions under long-term pressure make me depressed.
In the next more than a year, I continued to make profits and losses, but I became more and more familiar with the trend of Ethereum, and slowly formed my own trading sense and trading rhythm. Perhaps due to good luck, in the 20-year bull market, with the skyrocketing ether, my trading system has become increasingly mature, my intraday swing trading points have become more accurate, and my emotional control has also improved significantly. This year, in addition to making back the previous losses, I also earned an additional 800,000 U. Until now, my trading strategy has been to trade with 30,000 U, withdraw the currency when it doubles, and continue depositing and trading after taking a break to adjust. This is also a way of capital risk control. In terms of operation, we only trade within the day, not overnight, and never resist orders. We avoid encountering extremely large market conditions and go directly to the top.
After 20 years of full-time trading, I have a better understanding of this market. It is really a year in the world. The market rotates between long and short positions. As long as there is volatility and a certain band is made, you can make money regardless of whether you are long or short. So sometimes you should try to avoid interfering with the objective trend of the market with your subjective judgment, because there are too many subjective judgments. Once the market goes against the trend, it is easy to place orders. So no matter how the market goes, just trade with the trend. In fact, there are infinite opportunities in the market. As long as you try to avoid repeating mistakes, such as placing orders against the trend and holding heavy positions against the trend, you can keep your principal and make profits in the market.
Contracts are a testing ground for human nature. Sometimes after multiple consecutive losses, it is easy to get carried away and take a heavy position or place orders against the trend. These are mistakes that are made due to human nature.
Trading is often anti-human, and full-time trading requires overcoming more pain, misunderstanding, and loneliness. Also, don't deny yourself, slowly find your own trading rhythm, don't be whimsical when things go well, and don't belittle yourself when things go badly.
When you understand that you are speculating, you must also understand that holding a position and trading are two different things. If trading is a verb, an action, then it is often done intentionally and frequently. When you can better understand what trading is, your speculation level will be more flexible, and you will have a great chance of making money in the volatile market.
The last and most important point is that it is not easy to survive speculation in this market, and your trump card is your own trading rhythm, which can protect your speculation foundation - the principal. Just like playing basketball, when you feel the touch, you can almost always score a goal. When your own trading rhythm is up, almost every transaction can make money, the same principle.
It’s a bull market right now, and we share passwords almost every day.
I still say that, if you don’t know what to do in the bull market, click on my avatar and follow me, I will share the bull market spot planning and contract password for free.
I need fans, you need references. It's better to pay attention than to guess.
