How can one make big money in the crypto world?

Has the recent price movement of Bitcoin been putting you to sleep? It’s been hovering between 93,000 and 98,000, like it’s taking deep breaths, preparing for a big move. But don’t rush, institutions are generally optimistic about the market next year, and I personally think this is an upward trend. After all, after the rocket-like surge in the past two months, the market needs to catch its breath and stabilize! The market can change its face faster than flipping a book, we need to remain calm.
So, how will the market move next? I’ll analyze it, but this is just my personal opinion and not investment advice. You can follow me for daily updates.
Specifically for BTC, it feels like it's playing a game of 'finding direction'. If there are no bad news to disrupt it, it might just shoot up one day. But at this moment, don’t put all your eggs in one basket; small dollar-cost averaging, take it slow, and keep a mental note that even if it drops another 15%, we still have the firepower to average down!
Now looking at BNB, it’s wandering between 680 and 720, today it's lazier than yesterday, maybe because the airdrop event is halfway through, and some friends have cashed out after making profits.
As for ETH, it’s hovering between 3200 and 3700, also waiting for the wind to come. Just because BTC is stagnant doesn’t mean ETH can’t do something on its own; after all, institutions have shown interest in it recently, increasing their holdings!
Some important news:
1. Since November 11, MicroStrategy has increased its holdings by approximately 192,042 Bitcoins, while BlackRock has increased its holdings by approximately 118,795 Bitcoins during the same period.
2. Michael Saylor has released Bitcoin Tracker information for the eighth consecutive week, which may suggest he is increasing his BTC holdings again.
3. Tether CEO retweeted several posts stating that USDT will not be deemed illegal in Europe on December 30.
4. FTX will begin repaying $16 billion in cash, with claims processing starting on January 3, 2025. According to previous announcements, FTX's court-approved Chapter 11 reorganization plan will take effect on January 3, 2025, and set the record date for the first distribution.
Now back to today’s daily BTC technical analysis: From the K-line perspective, the 1-hour chart shows signs of a rebound, the 4-hour level is down, the 12-hour level is down, and the daily level is down. The intraday resistance level is 96,500, and the support level is 91,000 dollars.

Don't worry if you're stuck with DOGE at a high position; learn these strategies to help you easily break even!

DOGE has recently been fluctuating around 0.25, reaching as high as 0.35 and not dropping below 0.2. I think this kind of volatility is quite normal, especially since the last time Dogecoin surged, it attracted a lot of new funds. Now it needs time to digest and, by the way, wash out those uncertain investors. How to wash? It’s by following the market up and down, with large fluctuations.

However, the volatility of Dogecoin is much greater than that of BTC or ETH; this is a characteristic of small altcoins, and there's nothing we can do about it. Some friends bought in at a high point and are now stuck, but don't worry, I have some tips for you:
If the Dogecoin you hold is not more than half of your total position, then don’t rush to sell at a loss. Wait for it to pull back to around 0.25, then buy a bit more to lower your average cost, making it easier to break even and make a profit later. Remember, when buying spot, if uncertainty is high and the position is poor, you should buy in batches to get a better price!
But if you're fully invested or nearly fully invested in Dogecoin at a high price, and there's no good news in the short term, then it will be difficult to return to your cost price. At this point, sell a bit during each rebound to lighten your burden. This isn’t because I don’t believe in the future of Dogecoin; rather, you need to leave some funds for other opportunities. After all, when a bull market comes, various altcoins will rise, and if you put all your money into Dogecoin, you might miss out on other profitable opportunities, at most just returning to your cost line and making a small profit.
We come to the cryptocurrency circle to make money, so we need to be smart and use our money wisely, rather than stubbornly sticking to one coin. Sometimes, knowing when to let go is also a form of wisdom. Everyone should learn more about the correct ways to trade contracts and spot; stop buying blindly!
Are you stuck? When is the right time to bottom out? As I said, if you're confused and don't know what to do, follow me, and comment '168' to get on board.
$SOL $SHIB $DOGE
#加密市场调整 #美国加密立法或将重启 #2025加密趋势预测

A Must-Read for Cryptocurrency Beginners: Hardcore Strategies for Position Management and Trading Mindset

As a newcomer to the crypto world, you need to master two hard skills: position management and trading mindset. Once you have these down, you can establish yourself in the crypto space, and making money will no longer be a dream!

First, let's talk about position management; this is the ultimate secret to protecting your wallet. You need to learn to set a safety line for yourself. Once you’ve made some money, quickly place a 'protective shield'—a stop-loss order—near your opening price. This way, even if the market turns against you, you can still protect your principal. Especially when trading those small altcoins, when the price goes up, you need to be smart and adjust your take-profit level accordingly, while also remembering to place that 'protective shield'.

Never get carried away just because you've made a little money; know when to take profits. If you accidentally incur a loss, don’t let it get to your head and impulsively invest again; that will only lead to greater losses. Remember, follow the trend and don't always think about bottom fishing; the real bottom is determined by the market, not by your guess.

You need to have a fixed trading system; don’t change your mind every day, as that will only confuse you. Be patient and don’t always chase rising prices or panic-sell; pullbacks present good opportunities. Additionally, manage your position and leverage well; don’t forget your limits just because you’re making money—know when to stop.

Now, regarding trading mindset, this is key to whether you can last in the crypto world. When you see unrealized profits turn into losses, you need to stay calm and not let emotions cloud your judgment. Remember, trading is all about mindset; you need to learn to contend with your own psychology and not let temporary gains or losses affect your emotions.

If you want to do well in crypto, you must keep learning and enriching yourself. Summarize daily, learn from practice, and improve your trading skills. Only then can you stand your ground in this unpredictable market and reap substantial profits.

In summary, position management and trading mindset are the two key strategies for trading in crypto. Newcomers, if you want to make money in the crypto space, you need to practice these two skills well.
I am currently preparing to invest in a project that is set to soar in the short term; doubling your investment is definitely possible. Friends who are interested but lack direction can like and comment '168' for a free share.

Why do most traders lose money?

There are many reasons for trading losses, but the core problems are basically the following three points:

1. Lack of basic knowledge.

The threshold for trading is too low. Whether it is stocks or futures, you can open an account as long as you have an ID card and a bank card. There are many varieties that can be traded with a few thousand yuan, which leads to many people rushing into the market without even understanding the most basic variety information and trading rules.

2. No professional skills.

Trading is no different from being an accountant or a doctor. There are also certain professional requirements, but many people have never learned trading skills at all, let alone sufficient training. They just listen to news or even watch self-media to trade, and do not have their own trading system and trading plan.

3. Unreasonable expectations.

Many people have unrealistic expectations for trading, or even fantasies.

From the perspective of income, they disdain the annualized rate of return of more than ten or twenty big guys. They say that it is a great god on the Internet who is a classmate, a friend, a relative, an acquaintance, and a classmate who they don’t know. They doubled their money in a few days and made dozens or hundreds of times a year. They think that others can do it, and they can do it too, and they set a trading goal of several times a year.

From the perspective of retracement, those who think that the maximum retracement exceeds 5% are rubbish. Trading should not have retracement. Not only should you make a certain number of times a year, but you should also make money every year, every month, and every day without retracement.
The above are the three main reasons for trading losses.
Knowing the reasons for losses, how can you avoid losses? Understand the market types you trade, design a similar trading system, and have a reasonable expectation of return and retracement. The key is the return and retracement expectation. After meeting these three points, it is not certain how much money you can make, but it is not easy to lose money in the long run.
$SOL $PHA $SHIB
#2025加密趋势预测 #美国加密立法或将重启 #“圣诞老人行情”再现