A classmate in the community shared with me yesterday his experience of making 200,000 yuan recently.
He bought 400,000 TRB when the price was between 70 and 90 yuan, and sold it at a profit of 30%, making a net profit of 200,000 yuan.
His logic is this: TRB is the most evil coin in 2023. It has caused countless contract parties to go bankrupt. The trading style of this dealer is very exaggerated. Basically, he does it once a year, and he will have no worries about food and clothing for several lifetimes.
So he was sure that after TRB rose from 40 to 70, it would continue to rise. In order to verify his logic, he first bought 100,000, and then as it kept rising, he kept adding to his holdings.
Until you get off the bus and cash in your profits
The reason why he can make money is that he is familiar with the TRB currency and the style of the dealer. He believes that the dealer will not stop like this.
He makes buying decisions based on past experience and factual data.
This is how most people buy coins. After hearing others say it’s good, and seeing that it has increased so much recently, they buy some to try.
If you see that the TRB coin is rising, you should follow it. If you see that the K-line has grown so much, you should buy it.
The probability of losing money is high. You don’t know the style of the dealer. It is extremely easy to get trapped because you chase high prices. If you buy less, you will not earn much.
This is why most people don’t make money by reading the news.
If you want to make money in a cycle, you need to have a good vision in a bear market and see which stocks will surely be chosen by the market in the future.
In a bull market, you just need to look at the data and the facts. After the market enters the bull market stage, if the targets you chose in the bear market do not rise, you should abandon them.
For example, Matci GMX GNS, ARB OP, Sui, etc. They have not risen but fallen, which means that the market did not choose them. So I chose to sell them.
For example, in the bull market, stocks like wld, wif doge, rndr pepe fet, etc. are chosen by the market. Then I will naturally choose to buy them. This is what the market tells me, and people are playing with them.
For example, the market has not chosen inscriptions, eths, rats, bnbs ordi, sats inscription assets, and the trading volume has been declining. This is a fact, so they should not be chosen at this stage. Because now is the bull market stage, it is abnormal for it to keep falling.
When fishing, you should always go where there are a lot of fish. You shouldn't look at who has better skills or say that it's the same wherever the experts fish.
I have no skills and I'm not an expert. I never try to learn any trading techniques from others. I just look at the general trend. This kind of money is the easiest to make. This is the only money I can afford.
I see a lot of people promoting Sloth, but my point of view is that Sloth is not listed on any major exchange and has not continued to rise, so we should not buy it.
It is not right to bet on it being listed on a big exchange or on rats being listed on a big exchange, because we are already in a bull market and there are too many good targets.
Why give it limited resources?
The bull market is short-lived, and investors are eager to make money, so the market will definitely be pulled up quickly. Funds will not wait for these stocks to develop slowly, and our limited funds should not wait.
In the last wave, game assets represented by Ahxie brought up many game-related targets. However, in this cycle, no game-related targets have emerged in the market.
Therefore, the performance of gaming stocks is not good at all. Market funds do not choose to go there, so these stocks cannot go up.
You look at the technical side, the news side, the fundamentals are all good, and they all tell you that it has a bright future, but it is all useless. The fact is there: the funds are not buying it.
I sold all the beamx, imx and ilv I bought. I made a little more money from beamx, but the others are just small money. Not much meaning.
It is useless to be optimistic about games. This is the fact in the bull market. When a certain game target ranks in the top ten in terms of market value in the next stage, it means that this track has started to take off and funds have started to flow in.
At this time, the trading volume of game targets has been increasing, so I will naturally buy it.
During the bull market, for targets that I will not hold for a long time, I never choose coins based on my vision. I only look at the facts and go where there are more people.
When the place becomes busy and everyone is talking about how much they have earned, I will quietly get off.
I have finished writing, come on, I am a masseur in the cryptocurrency circle, an old leek who mainly arbitrages airdrops and hoards coins in the cryptocurrency circle
