First tactic: Trading volume is the guiding light of price trends. Supply and demand, technology, policy, currency supply, and other fundamental factors are undoubtedly the main influences on cryptocurrency prices. However, the final decisive force for the rise or fall at any given moment still lies in the market's trading activities. No amount of negative or positive news can outweigh the actual trading activities of funds. The directional role of trading volume is particularly evident in real transactions. Here, I would like to share a very accurate guideline: when trading volume increases and prices rise, it will continue to rise; when trading volume increases and prices fall, it will continue to fall; if a stock price suddenly sees a massive spike at a high point, be wary of a potential crash; if a stock price suddenly sees a massive spike at a low point, there is a high probability of a subsequent surge.
What should ordinary people do to make money in the cryptocurrency circle?
We all know that in the path of investment, choosing is often more important than hard work. It is for this reason that many visionary individuals have seen the enormous potential of the emerging blockchain industry and have chosen to invest in this circle, hoping to achieve wealth appreciation and an improvement in quality of life through investment. In the cryptocurrency circle, some people hope to change their destiny through investment and achieve a leap in social class. Such dreams are not out of reach; in fact, they can be realized. The reason I can confidently say this is that I have personally witnessed many people achieving their goals through investment in this circle. And I was once a part of this group.
After I earn one million, making money will be simple.
In the crypto world, you need to find a way to earn 1 million in principal first. To earn 1 million from a few tens of thousands, there is only one way, which is to roll the warehouse. Once you have 1 million in principal, you will find that your entire life seems different. Even if you don't use leverage, just with a 20% increase in the spot market, you can have 200,000, which is already the ceiling of annual income for most people. Moreover, when you can grow from tens of thousands to 1 million, you will grasp some thoughts and logic for making big money, and your mentality will also calm down a lot. From then on, it’s just a matter of copying and pasting. Don’t always think about millions or billions; start from your own actual situation. Bragging only makes the cow comfortable. Trading requires the ability to identify the size of opportunities; you can't always have a light position nor always a heavy position. Usually, play with a small position, and when a big opportunity comes, bring out the artillery. For example, rolling the warehouse, this can only be operated when a big opportunity comes. You can’t always roll; missing out is fine because you only need to roll successfully three or four times in your life to go from 0 to tens of millions. Tens of millions are enough for an ordinary person to upgrade to the ranks of the wealthy. A few points to pay attention to when rolling the warehouse: 1. Enough patience; the profits from rolling the warehouse are enormous. As long as you can roll successfully a few times, you can earn at least tens of millions or even hundreds of millions, so you can’t roll easily; find high certainty opportunities; 2. High certainty opportunities refer to sideways fluctuations after a sharp drop, followed by an upward breakout. At this time, the probability of following the trend is very high. Find the point of trend reversal and get on the car from the beginning. 3. Only roll long; rolling the warehouse risk. Let’s talk about the rolling warehouse strategy. Many people think this is risky, but I can tell you that the risk is very low, much lower than the logic of the futures contracts you play. If you only have 50,000, how to start with 50,000? First, this 50,000 must be your profit; if you are still losing, don’t look. If you open a position at 10,000 for Bitcoin, set the leverage to 10 times, and use the incremental mode, only open 10% of the position, which means only opening 5,000 as margin. This is actually equivalent to 1 times leverage, with a 2% stop loss. If you stop loss, you only lose 2%, just lose 2%? 1,000. How do those who get liquidated get liquidated? Even if you get liquidated, isn’t it just a loss of 5,000? How can you lose everything? If you are right and Bitcoin rises to 11,000, you continue to open 10% of the total funds and set a 2% stop loss. If you stop loss, you still earn 8%, where is the risk? Isn’t this said to be a big risk? And so on... If Bitcoin rises to 15,000, you are adding positions smoothly. In this wave of 50% market, you should be able to earn around 200,000. Grabbing two such waves equals around 1 million. There is fundamentally no compound interest. 100 times is earned through two times 10 times, three times 5 times, and four times 3 times, not through compounding 10% or 20% daily or monthly. That’s nonsense. This content not only has operational logic but also contains the core internal skills of trading, position management. As long as you understand position management, you can’t lose everything. This is just an example; the general idea is like this. Specific details still need to be pondered more by yourself. The concept of rolling the warehouse itself has no risk; not only is there no risk, but it is also one of the most correct ideas in futures trading. The risk lies with leverage. 10 times leverage can roll, and 1 time can also roll. Generally, I use two to three times. Grabbing two times is not the same as dozens of times return? If not, you can use 0. something times. What does this have to do with rolling the warehouse? This is clearly your own choice of leverage. I have never said to let you operate with high leverage. Moreover, I have always emphasized that in the crypto world, only invest one-fifth of your money, and at the same time, only invest one-tenth of your cash to play futures. At this time, the capital for futures only accounts for 2% of your total funds, and at the same time, futures only use two to three times leverage, and only play Bitcoin. You could say that the risk is reduced to an extremely low level. Would you feel heartbroken if 20,000 of 1 million is gone? Always leveraging is pointless. There are always people saying that rolling the warehouse is risky, that making money is just luck. Saying these is not to persuade you; there is no point in convincing others. I just hope that people with the same trading philosophy can play together. However, there is currently no screening mechanism, and there are always harsh voices that interfere with the recognition of those who want to watch. ▼ Capital Management Trading is not full of risks; risks can be mitigated through capital management. For example, I have a futures account of 200,000 dollars and a cash account from 300,000 dollars to 1 million dollars randomly. When there is a big opportunity, I add more; when there is no opportunity, I add less. With good luck, I can earn over 10 million RMB a year, which is already enough. With bad luck, in the worst-case scenario, the futures account gets liquidated. It doesn’t matter. The profits from cash can compensate for the losses from futures liquidation. After compensating, I can rush back in. Is it possible that in cash, you can’t earn a penny in a year? I’m not that bad. It’s okay not to earn money, but I can’t lose money, so I haven’t been liquidated for a long time. Moreover, in futures, I often earn and save one-fourth or one-fifth separately. Even if it gets liquidated, the profits will still be retained. As an ordinary person, my personal advice is to take one-tenth of your cash position to play futures. For example, if you have 300,000, take 30,000 to play. If it gets liquidated, rush the profits from cash into it. After you’ve been liquidated eight or ten times, you’ll surely get some insights. If you still haven’t figured it out, then don’t play; this field is not suitable for you. ▼ How to grow small funds Many people have many misconceptions about trading. For example, they think that small funds should do short-term trades to grow their funds. This is a complete misconception. This kind of thinking is entirely about trying to exchange time for space, trying to get rich overnight. Small funds should do medium to long-term trades to grow larger. Is a piece of paper thin enough? A piece of paper folded 27 times is 13 kilometers thick. If you fold it 10 more times, folded to 37 times, it would be thicker than the earth. If you fold it 105 times, the entire universe will not be able to contain it. Suppose you have 30,000 in principal; you should think about how to triple it in one wave and then triple it again in the next wave... This way, you can have 400,000 or 500,000. Instead of thinking about making 10% today and 20% tomorrow... this will eventually lead to your demise.
Misconceptions of novice traders in cryptocurrency and how to avoid them?
In the wave of digital currency, more and more novices are attracted by its potential high returns and are stepping into the cryptocurrency world. However, trading is not a smooth path, and novices often fall into various misconceptions, leading to heavy losses. This article will analyze in depth based on the experiences of influential figures in crypto trading. Misconceptions of novice traders and propose corresponding avoidance strategies. I. Misconceptions of novice traders in cryptocurrency 1. Blindly follow the crowd Novice investors often lack independent thinking ability and are easily swayed by the crowd. When they see a cryptocurrency price rise and hear others recommending it, they buy in without hesitation, ignoring the fundamental and technical aspects behind it. Influential figures in crypto trading emphasize that such blind following is very dangerous. Market sentiment changes rapidly, and when novices buy in blindly, they may already be at a high position, and once the market reverses, they will suffer huge losses.
Shouldn't this question be asked to Trump himself? Other people's answers belong to the Goldbach conjecture. Not reliable at all. However, from his public attitude, he has always supported the development of cryptocurrency. So, instead of paying attention to these gossips, it is better to hoard coins steadily.
There will be a wave of rise tonight, and then there will be a drop in the market.
Leave 168 in the comment area if you want to follow.
Many fans asked which one will rise next? Which one will fall?
I am afraid only God knows, but don't switch back and forth, let alone chase the rise and sell the fall, it is a taboo! Violators will be killed without mercy! (By the market) Investing requires a certain amount of concentration. As long as you have strong concentration, even Satoshi Nakamoto will have to listen to you. Finally: Hold on tightly, don't change if it doesn't rise! The cottage season is coming soon! The Federal Reserve and Japan's interest rate meetings have all been announced, and the next ones are Christmas and New Year's Day, which have little liquidity. Trump's re-entry into the White House in January may promote relevant legislation, which will in turn affect the future direction of the crypto market. At the same time, FTX compensation and the resumption of trading of US ETFs are also expected to bring new capital inflows in January, and the market is expected to pick up. Therefore, the time window from the end of December to the beginning of January is the time we focus on. Perhaps starting today is a good time to buy the bottom of strong cottages! The magic order I have been preparing to lay out these days is about to start! ! ! Comment 168 to get on the bus! ! ! Impermanence leads Impermanence leads Impermanence leads! ! ! Important things should be said three times! ! ! #加密市场回调 #比特币战略储备 #圣诞行情预测 $DOGE $ENA $BTC
Continue to post useful information! How to grasp the short-term trading of cryptocurrencies? Share the 3 principles of short-term operation, collect them quickly!
First: the profit retracement principle: after buying a currency, if you earn more than 10%, then we should start to implement the principle of capital protection (if it falls to the purchase price later, sell it immediately and unconditionally). If you earn about 20%, then you must make at least 10% profit before selling. In order to maximize profits, when you earn 20%, you must not sell it unless you have the technology to determine the stage high point. Similarly, if you earn 30%, you must sell it unconditionally if it falls to 15%. This principle is that there is no technical judgment of the high point, and the profit retracement helps you roll the profit.
12.20: "Black Swan" liquidated over 100 million yuan! Bitcoin fell to 96,000, and 300,000 people liquidated 1 billion US dollars! Coins Answers wld, usual, btc, Iotx, kaia, doge, me, act, APE...
Today is Black Friday again, I don't know what to say... This chart was shared in mid-September, with a target of $100,000. This is why I recommend that you gradually unload leverage after breaking through $100,000 - after all, I don't play contracts anymore. Based on the chart analysis, I sincerely hope that this wave 5 will not be established, otherwise it will take several months. After reaching 100,000, I have been paying attention to the market sentiment, fundamentals and technical aspects. To be honest, this situation is likely to mean the top of the staged trend. After experiencing the two waves of half-year cycle shocks in 2023 and mid-2024, I am actually a little scared.
1. Pullback and rebound strategy: After a significant rise or fall in the market, there will be a brief pullback or rebound trend. Seizing such opportunities is a simple and effective way for us to make stable profits easily. The main indicators used are candlestick patterns, and it requires a very good market sense to accurately determine the local high or low points. 2. Time period strategy: Generally, the early morning and afternoon sessions have smaller fluctuations, making it easier to grasp the market, suitable for investors with a mild temperament. The downside is that the time to place orders and make profits is extended, requiring sufficient patience. The evening session has more violent fluctuations, allowing for quick profits and multiple trading opportunities. It is suitable for investors with an aggressive temperament, but the downside is that the market is hard to grasp, making it easy to make mistakes, requiring higher technical skills and judgment ability.
Why do many people in the cryptocurrency sphere end up with poor outcomes?
Many people in the cryptocurrency sphere end up with poor outcomes, mainly due to the weaknesses of human nature, the influence of family and social relationships, cognitive and mindset issues, excessive leverage, lack of regulation, as well as the market's volatility and uncertainty. I have a friend who has been involved in cryptocurrency trading for eight years. Looking back at the journey, he feels a deep sense of nostalgia. At first, like many people, he had only a vague understanding of virtual currencies and even experienced losses, confusion, and moments of giving up. However, after experiencing market fluctuations, he not only established himself in this field but also successfully earned over 40 million through his own judgment and experience. Now, he has achieved financial freedom, and his parents and children are no longer worried about food and clothing.
In a year, I focus on a few market movements. I have summarized these 10 key points for making money:
1. A significant drop in the morning often presents a buying opportunity: The changes in market sentiment, especially in the morning, are particularly pronounced. If there is a drop at the opening, this usually means that investors can find some undervalued investment opportunities, allowing them to buy at lower prices. Conversely, if the market shows an upward trend in the morning, this is often a good time to sell, as this upward movement may only be temporary. Remember, these emotional fluctuations in the market actually provide us with many short-term trading opportunities. The key is to learn to think reversely, to be brave when others are fearful and to be fearful when others are greedy, so that we can effectively seize these fleeting opportunities.
1. Patience is gold, don't panic in a sideways market. When the price seems to be stuck in one place, don’t rush in. At this point, patience is your treasure. Because the best part often comes later, waiting is worth it! 2. Volume and price rise together, buy it! If you see the trading volume and price of a certain coin breaking through previous levels, and then stabilizing there, it’s like seeing a green light, hurry up and buy it! 3. Did the leader drop? An opportunity has come! Did the leader that everyone is rushing for drop? Don't be afraid, this is your chance! Seize it, maybe the next one to double is you!
Is trading cryptocurrencies really profitable? Why are so many people choosing to enter the crypto circle?
To this day, I have been in the crypto circle for 10 years. I lost over 700,000 from an initial capital of 1 million in the first three years! Do you know how devastated I was? At that time, I could have bought a house, and now it has multiplied by who knows how many times! Even my husband almost divorced me! After reflecting for a long time, I decided to start over. I really feel unwilling, starting from the fourth year, I used the remaining 300,000 to start over, slowly accumulating my earnings, and gradually stabilizing my profits each year! Now I have turned the remaining 300,000 back then into over 34 million, and I can completely stabilize my profits. Over the years, I have also summarized ten must-follow iron rules and a set of my own trading methods, which I will share with everyone today!
Can ordinary people really make a comeback by speculating in cryptocurrencies?
Cryptocurrency trading varies from person to person. If you don't touch contracts and only do spot trading, your chances of getting rich are greater than other investments. As a man who has gone from a huge loss of 8 million to current financial freedom, I will share with you some details. I am 32 years old this year. I started to trade in cryptocurrencies at the age of 22. My funds will reach 8 figures in 2023-2024. Now I have to stay in high-end hotels with a cost of about 2,000 yuan. My suitcases and hats may have crypto symbols on them. It is much more comfortable than the older generation who do business or e-commerce. I have almost never experienced business with people, and I have few worries. The most important thing about trading in cryptocurrencies is a good attitude, and technology is second.
Is it true that trading cryptocurrencies is easier than trading stocks after getting into the game?
Ten years ago, I entered the cryptocurrency world with only 50,000 yuan. After experiencing various pains, confusion, and self-doubt, I eventually had a great realization, simplifying my trading techniques, and achieving stable profits. Now my life is quite comfortable; in my spare time, I enjoy fishing, playing soccer, and occasionally meeting friends for a drink! Today, I will share all my methods with you! Before understanding it, it seems like climbing to the heavens. Once you get the hang of it, it becomes easy. Successful cryptocurrency trading = Philosophy + Mathematics + Psychology + Skilled Game Theory! (Use philosophical thinking to view the big picture, use logical thinking to analyze topics, use human nature thinking to understand emotions, and use game theory thinking to view trading)