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!
I sincerely hope that friends who are confused in the crypto circle can absorb this and take fewer detours; otherwise, the cost of hitting a wall is very high!
Today I have some valuable insights for everyone; the message is short, but every word is heartfelt. After reading it, you will have an epiphany!
The strategy of riding on the coattails in the crypto market:
First, let me talk about a strategy:
In the process of rising, every drop is an opportunity to enter; in the process of falling, every rise is a signal to escape.
First, think about a question: does such a powerful big player have any weaknesses?
Yes, this weakness is the throat of the big player, and what we need to do is to strike with precision.
When a big player starts collecting chips in a coin pair, it is very likely that this market will not hit a new low, you just know.
Oh, this big player has started to infiltrate. Individual sporadic events hitting new lows will also be quickly pulled back when the main force has collected enough chips.
At this moment, one thing the main force must do is to start a rally. Even if a large number of retail investors get in at this time, the big player must pull up because.
His chips are already sufficient, and at this time, what we need to do is to take this opportunity and enjoy the benefits.
The previous bottom-fishing position is precisely inserted at this position of the big player: the throat.
So when does the trend start? When a coin pair no longer hits a new low, it indicates that the big player has entered, signaling that the upward trend has begun.
Start. This is the trend.
Remember, once the trend starts, every drop is an opportunity to enter; do not miss it.
During the upward process, many retail investors will follow the trend. The purpose of the downward movement is to wash out the positions, but the reality is that when the market is rising, you buy at a high point; when it is washing out, you can't bear the losses and sell at a low point. Look at your trading records; honestly, it's ridiculous.
Remember, in an upward trend, every drop is just washing out positions, nothing more. Do not think every drop means it’s about to crash, about to go to zero, or about to be delisted; it’s just washing out, at most it’s a feint. What are you afraid of with a feint? Even if you don't know at which point to buy or to sell, as long as you have this concept in your mind, you have already surpassed 80% of retail investors. At least the candlestick chart has a big framework in your eyes; as long as there is a big framework, you will feel secure, and the rest is patience.
So someone might say, this is because the candlestick chart has come out; you can naturally draw it like this. How do you know if it hasn't come out?
Don't be stubborn, don't get stuck in a rut, think about what the logic of this process is!
Some people say I entered at the throat; I also entered during the decline, but how do I judge where the top is, and when to exit?
As the saying goes, those who can buy are apprentices, and those who can sell are masters. Big players often do things very subtly to prevent you from realizing they are running away, so the difficulty of running away compared to bottom-fishing rises sharply. The reality is, if you happen to walk at a high point as a retail investor, that is your luck; you cannot eat the whole fish from head to tail, just eating a part is enough for you to digest. You must run away before the big player does to secure your profits.
As for how to judge whether it's a top, one is to look at the volume, and the other is to see if the coin price will hit new highs again. I will write a dedicated article later on how to judge the big player's top.
The logic of the strategy mentioned earlier also includes an ultimate skill: the spike.
Among these washing methods, I especially love the spike, especially the big spike. Whenever I see this kind of spike, I instinctively feel excited. Because I know exactly what the main force wants to do at this time, I call this pattern a slingshot: the tighter you pull back the slingshot, the farther it will shoot.
So is the spike scary? Not scary, even a bit cute, but the premise is in an upward trend.
Conversely, the same logic applies: when the coin price reaches double or even triple profits, in the crypto circle, it can even reach tenfold or hundredfold profits.
It is no exaggeration to say that if you can achieve even 50% in this process, you are already at the top of the retail investor pyramid.
Once the price no longer hits new highs, you need to be cautious. Remember these twelve words.
Once an avalanche occurs, it will shatter everything. Every rise is an opportunity to escape; do not expect it to rise a bit more, do not hesitate, or you will be trapped for years.
There is an extremely dangerous operation in this: betting on a rebound. The returns are not high, but the risks are enormous; it's like taking tickets from a fire, which is not worth the loss.
If you're still confused now, why not try changing your profile picture!
