The cryptocurrency market is full of opportunities and challenges. Countless people step into this field with dreams of wealth, yet many leave in disappointment.
If you want to establish yourself in the cryptocurrency market, you cannot blindly follow trends, but must focus on learning.
Understanding the basics is the first step.
Understanding the characteristics of different coins and the principles of blockchain technology can help you feel more at ease when facing various investment choices.
The analysis of news is also crucial.
Pay attention to industry dynamics and policy changes, as these can have a significant impact on coin prices.
For example, if a country introduces a friendly policy towards digital currencies, it may trigger a wave of market activity.
Technical indicators cannot be ignored.
Common systems like moving averages and RSI indicators, while they cannot guarantee 100% profits, can provide you with decision-making references.
Investment cannot be without planning.
If you operate carelessly, your funds can easily be completely lost.
You should formulate a reasonable investment plan based on your risk tolerance and investment goals.
In the market, there is a strategy called going with the trend.
When the market trend is obvious, operating in line with the trend can yield good returns.
But be careful, as trends can also reverse at any moment, so always stay vigilant.
Another method is to build positions in batches.
Do not invest all your funds at once; instead, buy in batches. This can lower costs and reduce risks.
So, when is it suitable to invest boldly? There are the following situations.
Firstly, after a long-term market downturn, clear bottom signals appear. For example, gradually increasing trading volume, and technical indicators starting to improve.
Secondly, after major favorable news has been announced. For example, when an important project goes live or a large institution enters the market.
Thirdly, when breaking through key resistance levels. When the price breaks through long-standing resistance levels, there is often a wave of upward trends.
However, investment cannot be too greedy. Set stop-loss and take-profit points properly.
When the expected returns are reached, sell decisively; when losses reach a certain extent, stop losses in time.
Investing in cryptocurrencies is like a game of strategy. You must continuously learn and accumulate experience to succeed in this contest.
Do not be influenced by short-term fluctuations. Sometimes, the price may experience significant volatility, but this does not necessarily indicate a change in trend. Stay calm and analyze the market situation.
Choosing a reliable trading platform is also very important.
Choose a safe, stable, and reputable platform for trading.
In the end, investing is a long-term practice. You need patience and composure; do not rush for quick results.
I believe that as long as you master the right methods, you can achieve wealth appreciation in the cryptocurrency market.
Speculation is a game, but it is also your career.
Speculation is a game, but it is also your own career, requiring continuous effort, investment, and summarization.
I am looking for a greater game than mere entertainment and social interaction. I want to become the best in the circle through my own efforts—this brings me true pleasure and satisfaction. Trading is essentially playing a game; one must win in this game. Good traders cannot be like untrained athletes; they must cultivate good living habits and maintain ample physical strength if they want to keep their energy at peak levels. Physical strength and energy must be consistent, as there is nothing more intense and exciting than trading.
What drives me is certainly not money; it is a game, a game of unraveling mysteries, a game that complicates the greatest minds in human history.
For me, passion, challenge, and excitement all lie in winning this game. This game is a lively riddle, a riddle with a double entendre, and the answer to this riddle is to be told by me to all men and women speculating on Wall Street.
In the game, your nerves are pushed to the limit, but the rewards are also very high. My career is trading—following the facts in front of me, rather than what I think others should do.
Let me remind you: your success will be proportional to the sincerity and loyalty you show in your efforts, which includes keeping your own market records, thinking for yourself, and drawing your own conclusions.
Individuals who want to rely on this game (speculation) to survive must believe in themselves and their judgments. No one can make big money by relying on others' advice on what to do. Trading is the greatest and most complex puzzle invented by humanity, and those who unravel this puzzle should win the grand prize. A person must spend a long time learning all the lessons from all his mistakes.
Some say that everything has two sides, but the stock market has only one side—not the bull side or the bear side, but the correct side. Let this principle be deeply engraved in my mind; the time spent on it far exceeds that of most technical matters in the speculative game.
There is only one path to success in speculation: effort, effort, and more effort.
Through trading, I have seen the meaning of life, learned to examine everything around me from the perspective of volatility and probability, and understand clearly what I want. This is my greatest harvest from learning and researching trading.
Since I thought I had gained enlightenment, I buckle my seatbelt while driving, quit smoking, restrain my arrogance and impatience, be practical, love learning, love working, and treat everyone and everything around me kindly.
Quit bad habits, and success will come naturally without effort.
I bought a cheap piece of jade and engraved on it: 'A modest gentleman is as gentle as jade' as a self-encouragement.
I have realized many truths; let me share one: all correct purposes are to prove one's mistakes. I humorously validated it now—trading requires me to quit trading. Truly, I suddenly feel that a life of cheating is meaningless; this way of making money is pointless and will destroy my hope for the future.
I want to temporarily escape from a lonely life and do things I love outside of work. I started learning to write with a brush every day, studying sketching, appreciating famous paintings, playing electronic piano, listening to music, studying psychology, reading classic texts, actively smiling and chatting with others, inviting people to dinner when I have a chance, and strolling in the park when I have time, enjoying the trees, mountains, and water. And these happiest things have nothing to do with money. I never thought about changing anything; being able to see and experience more of this world is already enough happiness. Humanity carries so many interesting and lovely cultures, why should you entrust your whole life to K-lines and abide by a lifetime of loneliness?
These are all lessons trading has taught me. What do you say the essence of trading is? It is to reflect on your own heart, to see clearly what you want! If you can maintain a balance, the market will yield to your humility; if you are greedy, the market will surely leave you drained; if you try to defeat the market, the market will ensure you have no burial place.
"I have failed in my life!"
This is the reflection of those successful speculators who committed suicide when they were unreachable. Speculation is too fast and too crazy; if the body cannot keep up, why not slow down?
Ask me again what the true essence of trading is? All I seek is a defeat.
Ask me again what the true essence of life is? All I seek is a death.
Do you think this is pessimistic? Do you think this is arrogant?
No! This is a game attitude that is neither happy nor sad, neither fearful nor daunted, but rather calm and peaceful.
These days I am preparing for the launch of my strategic layout!!!
Comment 168, get on board!!!
Impermanence brings impermanence brings impermanence!!!
Important things should be said three times!!!
