Big shots in the crypto world speak out: Small contracts carry high risks, sharing trading insights!
A few days ago, I had tea and chatted with a big shot in the crypto world and was shocked by his experiences. He said that he once lost 50 million in just three days of trading contracts. That's a bloody lesson!
Let me talk about myself. I've also gone through ups and downs in the crypto world. I started with 500,000, and when the bull market came, I became a millionaire. But then, without paying attention, I faced a liquidation in contracts and turned back into a poor guy with only 8 million. Luckily, I didn't give up and used 1 million to make a comeback, growing my assets to 20 million. However, later the market turned bad, and it's shrunk to 3 small suns (which is a type of virtual currency). Now I'm just waiting for the next bull market, aiming for 5 small suns!
My trading method is quite simple but very practical. In one year, my assets multiplied by 8 times. The secret is to focus on a certain pattern, seize the opportunity to enter decisively, and never act rashly when there's no pattern.
Over the years, my win rate has always been over 90%, relying solely on patience and insight.
However, the crypto world is not easy to navigate. Here are a few tips for newcomers:
Trade at night, as you can't be steady during the day, and can analyze calmly at night. When you make money, don't be greedy; take profits when you should, and don't let profits fly away. Trading should rely on analysis, not on feelings. Stay rational to win. When watching the market, don't easily set stop-loss or take-profit levels, but you must set them when you are not watching, just in case. Trading in crypto is for making money; when you make money, you should withdraw it regularly and not let the money drift in the account. For short-term trading, look at the hourly K-line and trade according to the trend. During sideways movements, look at the 4-hour and daily K-line, and remember to set stop-loss and take-profit levels.
Let me share a few more valuable experiences:
When trading crypto, choose strong coins, and use the 60-day line as a reference. Increase your position or hold when the price is above the line, and pull out when it's below. Don’t chase coins that have skyrocketed; it's safer to enter at low levels. There are signals before a big rise; a decrease in trading volume is an opportunity. Buy low and wait for the big rise. When new hotspots emerge, follow the big funds closely. Seize the opportunities to make easy money. When a bear market comes, take a break and don’t act rashly. It’s better to do less when the market is bad. Review your trading strategies weekly; stick to what works and correct what doesn’t. That’s how you can make stable profits.
If you always have trouble timing the market and feel lost about how to operate, you need to meet one condition to keep up with learning: you must have strong initiative, act decisively, like + leave a message, and I’ll help you make big money!