🔥I made my first bucket of gold from trading coins, and I bought a house in Shanghai!

Starting with a principal of 60,000, through continuous operations and adjustments, I eventually achieved a leap in wealth, reaching 24 million. I have summarized a few experiences that I hope will help you!

1. Understanding how to buy coins is essential for wealth appreciation

• Keep the majority of your holdings in BTC and ETH, as these are the most stable and promising assets; the remaining funds can be used for some major investment opportunities.

• During market corrections, choose promising altcoins, buy at low prices, and cash out when the market recovers.

2. Selling coins requires skill

The timing of selling coins is equally crucial, with two commonly used methods:

• Target profit-taking method: Set a target return and decisively sell when it is reached.

• Technical profit-taking method: Pay attention to market trends, use MACD and moving averages; when market signals indicate a potential decline, take profits in time.

3. Holding cash is a form of wisdom

• In a bull market, hold onto your coins; in a bear market, hold cash and wait for the best entry opportunity. While holding cash may be boring, it can prevent losses and give you a chance to buy at lower prices.

4. Maintain patience and observe while holding cash

• When the market is unstable, hold cash and wait for better opportunities. Although it can be tempting to see others making money, staying calm and patient can provide you with better buying opportunities when the market drops significantly.

5. Buy right and sell right to earn more

• The key to going from 60,000 to 24 million lies in precise buying and selling timing. Steady holding of mainstream coins combined with flexible market operations is the secret to steady profits.

6. Learn to take profits and avoid excessive greed

• Using technical analysis and setting target prices can help you sell promptly during market fluctuations, avoiding losses due to greed.

7. Cash holding skills, patiently waiting for opportunities

• The highest state is holding cash and waiting for market corrections. Patiently waiting for low prices to enter will allow you to achieve the maximum returns during significant drops.

Potential project: Marvin

In addition, I am currently laying out a potential project—Marvin on the Ethereum chain, aiming for more than 5 times profit, with expected growth likely to exceed 10 times. If you are interested in potential coins, Marvin is worth following!