If you choose to do contracts,
The first thing to understand is that the most important thing is position management. If you enter with 100 times leverage and 10% of the position, you will be far away from forced liquidation. Why do many people have their positions blown up? It’s a position problem.
The second most important thing is the mentality. The market is constantly changing. It is normal to make profits and losses during the whole process. If you want to protect your capital, you don’t need to enter the currency circle. You can directly buy capital-protected financial management. Since you choose to do contracts, you are trying to make a small profit with a big investment.
Third, the news. The news is a factor that affects price changes, including option delivery, non-agricultural, CPI, interest rate cuts, US stocks and many other factors.
The last is your operation of technical issues, how to read trends, candlestick charts, K-lines and various indicators.
Even if you are a very good trader, you dare not say that you will always make a profit. What we can do is to make profits as the market continues to change.
The most difficult problem for novices is,
1. Position, heavy position.
2. Anti-order, no stop loss. Set a stop loss that you can accept.
3. Covering positions. If the position is light, you can cover the position appropriately. If the position is heavy, the more you cover, the more it will explode. Covering positions will bring your forced liquidation price closer.
4. Mentality. If you make money, you will be very happy. If you lose a little, your mentality will explode. You will immediately cover your position heavily, hoping to get it back.

The currency circle is anti-human. If you lose, just stop for a while and wait for the trend to come out.
In the face of market conditions and trends, all technologies are insignificant. What you can do is how to gain your own interests in this market. Mentality, position, technology, trend, luck. None of them can be missing.

I hope my post can be useful to some newbies. They are all coded one by one. If you are interested, please visit my homepage to discuss and communicate with us.

Always keep awe of the market. Those who think that money is easy to make here will understand the importance of the things I wrote above when luck deviates from you.

Finally, I wish you all a fruitful year in the coming year.

Adjusting leverage from 2 times to 5 times before Japan's interest rate is released. Currently holding over 20 long positions. Looking for a rebound over the weekend, likely to reduce or close positions on Monday. See you after Christmas, haters.

Good good good

In fact, to be honest, I don't think the current decline is a negative reaction to the interest rate landing, but rather an expectation of the Japanese interest rate decision at 11 o'clock.

If Japan raises interest rates, it would be like running ahead of time, and no matter what, it wouldn't cause a situation like on the 8th. After all, everyone has their expectations.

Similarly, if the interest rate remains unchanged, it would be a positive for the cryptocurrency market!

Let's pay attention to the interest rate decision at 11 o'clock.

Finally understand why after ten years there are still tears

This year is different from previous ones. In the past, there was no regulation, you could do whatever you wanted
Not to mention this year is the year of ETFs

It has basically become a game for institutions

How many users actually hold Bitcoin? Wake up.

Contract currency over ten thousand dollars + oil over ten thousand dollars
With real accounts, less than 2x leverage, what kind of mentality is that?
From ten thousand dollars to fifty thousand dollars, only a ten thousand dollar drawdown
Some people, after a few times of increase, rush in when the bull comes
A 20% drawdown and the bull is dead, strong winds and grass, nothing at all

If you can't control your greed, just restrain your hands
One moment long, one moment short
One moment the bull comes, one moment the bull dies

If you can't hold on, it's all trash. Why didn't you position at 8.5?
Why didn't you position during the second pullback in early September?
Why didn't you enter during the spike in early December?

Humans are humans, not gods. You can't catch every market movement
Of course, the reason why retail investors are retail investors is that they can't hold on

Chasing up when it rises, killing when it falls, if you don't lose, who will?

Ambushing, waiting for the wind to come, buying when no one cares, selling when the crowd is bustling

Breaking major support levels, just stop loss

What? You have 50x leverage? 100x? If you want high profits, be prepared to go to zero first. Don't be smiling when you make money and crying when you blow up.

When others are greedy, I am fearful; when others are fearful, I am greedy. Sell in a bustling market, buy when there is no one asking. The trading market tests human nature the most ～

Following the opening of a new live account with 5x leverage on the 13th of last month, I am now starting with 2x after the recent pullback. Currently, it is less than 3x. Still the same saying: trade on the big trend.

What is a leek?

Up: Wait for a correction, then I’ll enter

Down: It won’t fall again, wait a little longer

Down and then up: Oh, I should have entered just now, I will definitely enter if it falls back

Down: Will it go lower, wait a little longer.

There are also some high-multiple gamblers: “Brother, don’t be like this, I’ll leave when it goes up, and I’ll leave when it returns to the opening position, I’ll take some and leave, oh, why am I trapped again, I should have left just now, brother, don’t stab me”

You see, this is “human nature”

I don't understand what the Air Force is celebrating. It's just a washout before the rate cut. They started shouting a few months ago.

They washed out last month and they're jumping around again this month. 🤡

To trade trends, you either get the bottom chips or you cash in at a high position and expect a 30% pullback with a 2-3x leverage.

Some gamblers always make 50x, 125x, 200x

That's stupid. Don't get involved

Real trading can be checked. Today's pullback opened 18 long positions. Come and blow me up if you're awesome

If you play contracts with the mindset of 'thank the dealer for not killing me'
then I advise you to leave the contract market as soon as possible

Why are there still people believing in so-called 'perpetual profit masters'
And even 'masters' who don't have any real positions

Is it really that easy to make money off retail investors?😅😅

One month, synced account opening on the 13th of last month, this profit should be okay
The small account continues to share the real account

I still remember when FTM was at 0.2 and 0.3 in the summer, a bunch of people were cursing. Quietly accumulating positions and looking back, it has already increased six times, and those who criticized back then are now regretting their words.

Likewise, I tell you that I hold SUI, TON, LIT, LISTS, TRU, and ZEN, looking towards the future.

Is the Air Force doing well?😅

I've been thinking about a question: those so-called teachers who earn forever have indeed earned forever. Even if they have a capital of 100,000, earning a small target is just a matter of time, so why do they want to take you along?

First, for traffic, those who want to learn will open courses in the future (considered to have a conscience).

Second, photo editing, stealing images, editing chat records, and fake market simulations (to trick some membership fees, which is a bit clever for a poor person).

Third, to pull you to other exchanges for transaction fees (standard practice, if they have strength, there's nothing to say, but if they don't, it's a bit of a scam).

Fourth, taking others' strategies to make money (a bit clever, but easy to fail to notify in time, which can lead to losses).

Fifth, pure scams, notifying both sides, one more and one empty, whichever is right, they make that the chat record.

Sixth, pulling you to worthless platforms to incur losses (the most unethical, like being born without an anus).

By the way, there are some people who post screenshots of yields. Don’t look at the pictures. You can’t see the position of the yield. It’s useless to open a 1-2-dollar position and post those. You will understand it in one click. Follow some people who have real accounts. The currency circle is very complicated. Be careful to distinguish it yourself.

If you want pictures, I have thousands of them. As I said, nothing is necessarily true. Only when it is in your pocket, it is true.

Finally, I hope I don’t touch some people’s cakes. I also wish all bosses good fortune.

It can be regarded as popularizing some knowledge for novices. After all, there are all kinds of people.

If you can withstand human nature and hold on, you have already outperformed 80% of people.

If you don’t know the technology, you can manage the position + the profit and loss ratio of stop profit and stop loss.

Then you have outperformed 90% of people.

If you know the technical side, whether it is Fibonacci or the entanglement theory or the left support + right channel indicator confirmation, and you can check the on-chain data,
then you deserve to make money and outperform 99% of people.

The remaining 1% are people like Da Bing who have held it for several years.

There is no way around it. This is the reality. See which stage you belong to and what your level of knowledge about the cryptocurrency world and quantitative analysis is.

I really want to advise everyone to try to discern the information on the square, a lot of it is misleading. Just take what I saw just now, a person said that dogs are held by the locals and even collaborated with their operators, but when I looked at the position it was only $300... I am truly speechless. This reminds me of a conversation I had with a friend today; he bought $7000 when Sui was around 1 point something, listened to others saying this was bad and that was bad, sold at 0.9, and now it’s more than 5 times that. This is the so-called information; you need to have your own principles and logical thinking.

Either don’t buy if you don’t have a good outlook, or if you have confidence, hold onto your beliefs. Many people lose money either because they play with high leverage beyond their understanding or they sell when it drops and only chase after it when it rises, without knowing how to set ambushes.

Newbies should just hold onto spot; you just need to hold it and know when to exit in batches. Often in a bull market, most money is lost because of human nature, greed. Most losses in spot trading come from the inability to hold. Many people look at this and that; it’s better to be a silly newbie who holds onto it. BNB is, Bitcoin is, SOL is; look back, those who shouted there was no bull in August, including those who shout there’s no bull now, and those who are foolishly shouting there will be a big drop, come on, don’t mislead others, everyone is an adult, whether or not they buy is their own problem.

Next year, the US stock market will have problems; wouldn’t it be better if you left before it happens? The altcoin season will come quickly, and there will be many people who miss out.

Since August 5 to early September, I have been gradually laying out spot and low leverage. My real accounts opened last month can be checked. Those who shouted there was no bull, did you short it? Did you get liquidated?

You just listen blindly to what others say; as an adult, if you don’t understand leverage, then don’t touch it. If you want to learn, you can do it slowly, but if you are in the crypto space, once you become a gambler, there will be a day you go to zero. I hope we can all be responsible for ourselves and our families.

With understanding, do what you know; if you don’t understand, learn. If not, layout altcoins, hold onto them, and when altcoins are nearing the top, exit in batches. Learn how to manage your position well.

With low understanding, but still love to criticize, some people really annoy me. If you don’t open a position, they blow you up; when they block you and run away, you’re the one crying. In the summer, there were a bunch of teachers in the square, and only those who have been doing this long-term remain; many unfamiliar accounts have changed batch after batch. Everyone should look at the information rationally.

The first phase has passed, the second phase is in progress
The second phase is preparing to welcome the imitation season
There is also a third phase, the third phase involves corrections
The fourth phase will make a furious bull

Real trading is open, those interested can follow
Welcome to join my internal community for daily real-time trading notifications
And data position management planning

Wishing all bosses prosperity～

No cutting leeks, I call the shots, I go first

I said before that if you are a long-term thinker

then buying SUI TON now is the smartest choice

You only need two words: hold on.

Yesterday, just added to the position, and the good news about SUI popped up. Hmm～