In cryptocurrency trading, it is not easy to achieve stable profits simply by relying on naked K and trend lines. Although these basic tools are helpful in understanding market trends, the complexity and uncertainty of the market itself are difficult to be fully covered by them.

1. Brother Liqun’s experience in making 100 times profit in the cryptocurrency circle

1. Three steps to a successful transaction
- Insight into trends:
In the cryptocurrency market, trends are crucial. By observing the 4-hour, daily, weekly and other large-cycle charts, it is clear whether the market is in an upward, sideways or downward trend. Going with the trend is the key, going long when it rises, going short when it falls, and waiting when it goes sideways. For example, on the daily chart, if you see that the price continues to rise along the moving average, this is a clear upward trend signal.
- Finding Key Levels:
Market fluctuations are like a bouncing ball, with each fluctuation having a starting point and an endpoint. Identifying these key positions, which are the main support and resistance levels in the market, is crucial for profitability. You can determine these key levels by observing where prices have bounced back or faced resistance in the past. For example, if a certain cryptocurrency has repeatedly bounced around $100, then $100 is an important support level.
- Capturing Entry Signals:
After determining the trend in the larger cycle and the key levels, you need to look for trading signals in the smaller cycles to accurately grasp the entry timing. Although everyone's trading strategies vary, they must be quickly formulated and strictly executed. For instance, on a 1-hour chart, if the price retraces to a key support level and shows a reversal candlestick pattern, it could be an entry signal.

2. Complete Trading Strategy
- Target:
Be clear about the object of your trading, whether to choose mainstream coins or potential new coins, and determine based on your risk tolerance and market analysis.
- Position Size:
Allocate funds reasonably, avoiding concentration of most funds in a single trade. For example, based on your total capital, control the position size of each trade to within 20% to avoid significant losses due to a single trading mistake.
- Direction:
Accurately judge the market's bullish or bearish trend, which requires combining the trend analysis methods mentioned above. For example, through the moving average system, if the short-term moving average is above the long-term moving average and is trending upwards, then the market direction is bullish.
- Entry Point:
Look for entry signals near the key levels. For instance, if a reversal candlestick pattern like a hammer appears near a key support level, it could be a good entry point.
- Stop Loss:
Set reasonable stop-loss points to control risk. For example, when going long, set the stop-loss a certain distance below the key support level, such as 5% - 10%; once the price drops below the stop-loss level, exit timely.
- Take Profit:
After reaching profit targets, decisively close positions to secure profits. You can set take-profit targets based on market fluctuations and your profit expectations, such as considering taking profit when earnings reach 20% - 30%.
- Countermeasures:
Develop contingency plans to respond to sudden market situations. For example, if significant policy adjustments or black swan events cause major market fluctuations, think in advance whether to immediately stop loss or wait for the market to stabilize before making decisions.
- Follow-Up:
After the trade ends, have a subsequent operation plan. For example, after closing a position, decide whether to continue looking for the next trading opportunity or adjust position sizes and trading strategies based on market conditions.

3. Insights and Discipline in Trading
- Avoid Chasing Highs:
Stay calm in trading and avoid blind chasing of rising and falling prices. When you see a cryptocurrency price rising rapidly, do not impulsively enter, as it may already be at a high price, posing a significant chasing risk.
- Entry Points are Key:
Only when the entry point is appropriate is the cryptocurrency a good investment choice. Patience is required to wait for significant entry points, such as when the price retraces to long-term moving averages and shows signs of support on a weekly chart.
- Mindset Determines Everything:
Overcome greed and fear, and maintain a steady mindset. When profitable, do not be overly greedy, aiming for even higher profits; when facing losses, do not make erroneous decisions out of fear.
- Focus on Market Signals:
Do not attach emotional significance to any cryptocurrency or price level; focus only on the signals provided by the market. For instance, do not hold onto a cryptocurrency just because you previously made a profit on it, while ignoring current adverse signals for that cryptocurrency.
- Summarize Mistakes:
Every trading mistake is an opportunity for growth; promptly summarize lessons learned and improve trading strategies. For example, if losses widened due to not setting a stop-loss, ensure to set strict stop-losses in the next trade.
- Control Desires:
Eagerness for quick success is a major taboo in trading; control your greed and desires. Do not engage in high-risk trading behaviors in pursuit of quick profits.
- Long-Term Strategy:
Trading tests long-term profitability; establish and execute a long-term effective trading strategy. For example, adopt a trend-following strategy and stick with it in the long term without being disturbed by short-term market fluctuations.
- Patience in Holding:
For potentially good cryptocurrencies, patience is required to achieve substantial returns. If you are optimistic about the long-term development prospects of a mainstream coin, hold onto it patiently as long as the fundamentals remain unchanged after purchase.
- Follow Market Rhythm:
Listen to the market's rhythm and dance along with it. By observing factors like market volume and price fluctuations, grasp the market rhythm; for example, when market volume increases and prices steadily rise, follow the trend to go long.
- The Power of Compound Interest:
Remember the miracle of compound interest; as long as you maintain a good mindset and trading skills, compound interest can yield substantial returns. For example, through long-term stable profits, let your funds grow like a snowball.

Currently, the cryptocurrency market is ever-changing, and it's inevitable to feel lonely on the trading journey. Follow me for daily shares of potential spot setups and bull market strategy layouts.
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