After 10 years of trading cryptocurrencies, here are 7 lessons I've learned!

I am someone who has made up my mind to trade cryptocurrencies for a lifetime! From getting beaten up when I first entered the market to now being a full-time trader supporting my family, I have summarized 7 pieces of advice for trading cryptocurrencies. If you want to fight a successful comeback, please read carefully. I hope you can gain some insights from this.

1. When the price of a coin enters a stable upward channel, each pullback is just a temporary stopover and a good opportunity for us to board. There are no coins that keep rising indefinitely; pullbacks are like a compressed spring, aimed at jumping higher.

2. If you enter a confirmed downward channel, any rebound is an opportunity to exit. Once the trend deteriorates, it may take a long time to rise again, perhaps even half a year, so don’t resist the trend and don’t waste your time.

3. Short-term price fluctuations depend on sentiment and fundamentals. In the long run, don’t focus too much on the immediate gains and losses. The current sentiment has settled, while fundamentals determine the length and breadth of the upward movement.

4. Human judgments about bottoms are usually not the bottom, but rather halfway up the mountain. The true bottom is formed by observing sentiment and capital, so absolutely do not blindly buy the dip; often, 9 out of 10 dips will trap you.

5. Don’t rely too much on positive news. Real market movements are about playing expectations. Many retail investors like to listen to news to trade cryptocurrencies, but most of what you hear is just what others want you to hear. Even if it’s true, you don’t know how many hands it has passed through; by the time you find out, the market may have already ended.

6. Don’t casually increase leverage; this will not improve your win rate. Once you incur losses, the numbers will be infinitely magnified. Don’t increase your own risk.

7. Set stop-loss and take-profit levels! Establish clear targets for yourself: decisively stop loss when the price falls to a certain level, and sell when it rises to a certain level. Don’t stare at the gains for too long; many people lose money in a bull market simply because they don’t take profits in time.

$BTC $ETH Participating in the trading league, sharing a $10 million prize pool. This is how to succeed in cryptocurrency speculation, remember these, all are valuable insights!

What kind of wisdom and courage allowed him to struggle on the battlefield of cryptocurrency trading for six years, reaping astonishing wealth? And how did he stand out in this ever-changing crypto world?
These 10 pieces of experience will soon overturn your understanding and take you into a whole new world of cryptocurrency trading.

1. Persistently review every day, look through all the cryptocurrencies in your watchlist, and familiarize yourself with the K-line chart (if you don’t know, check my previous posts), so you can follow the rhythm of the main capital.

2. If your investment amount is not large, such as below 500,000, then capturing a major upward trend once a year is enough; never trade with a full position at all times.

3. When encountering major good news, if you don't sell on the same day, consider selling when it opens high the next day. Realized good news often comes with risks, and this is equally true in cryptocurrency trading.

4. When a major holiday approaches, prepare for position adjustments in advance; based on your personal situation, decide whether to hold cryptocurrencies through the holiday or take other actions.

5. Short-term trading mainly looks at trading volume and patterns; only operate in cryptocurrency trading when patterns are active and volatile, it's best to avoid inactive situations.

6. Mid to long-term strategy is to keep enough cash on hand, sell high, buy back on dips, and rolling operations are the best strategy. This can also be referenced in cryptocurrency trading.

7. Stick to good cryptocurrencies, but always sell at high points; do not get greedy for excessively high prices.

8. A slow decline will result in a slow rebound; if the decline accelerates, the rebound will be quick. This is also applicable in the cryptocurrency market.

9. Compare the charts of the market and various cryptocurrencies in detail; the trends of cryptocurrencies with main capital will not be the same as the market, and those that follow the market trend usually lack main capital.

10. Cryptocurrencies that have been in a long-term bottoming phase and suddenly show a significant upward gap in volume, pay attention, that may be an opportunity.

From 10,000u to 200,000u Spring Festival Inventory Plan Currently at 14,997u.

This order earned 5,217u

The market is so freaking exciting, it dropped in an instant within minutes. The first order was a success, let's keep working hard! Hehe! $BTC $ETH

The road from 10,000u to 200,000u contracts! Spring Festival repositioning plan

First deposit money and prepare to start working at midnight. If you can't do it, go home and farm! Always open operations! Follow the blogger to avoid getting lost! Know the strategy first! $BTC $ETH

The cryptocurrency world is so magical; turning 100,000 into 10 million in just a few years. Facing the challenges and losses in cryptocurrency trading, you have come to a deep understanding of the issues and have tried to summarize the reasons for your losses. This is a very important self-reflection process. Here are some suggestions that may help you get out of the state of 'going crazy' and gradually move towards rational investing:

1. **Establish and adhere to a trading plan**: Before each trade, clarify your entry reasons, target price, and stop-loss points, and execute strictly according to the plan to avoid emotional trading.

2. **Risk management**: Prioritize capital management and avoid heavy trading. You can adopt a fixed proportion principle, such as only investing a certain percentage of your capital (e.g., 2%) in each trade, ensuring that even with consecutive losses, you can retain most of your principal.

3. **Be patient and wait**: As you summarized, market conditions take time to brew. Learn to wait for the best entry opportunities instead of trading frequently. Patience is an important quality for traders.

4. **Learning and reviewing**: Continuously learn market analysis techniques, understand market sentiment and the application of technical indicators. Additionally, after each trade, regardless of profit or loss, conduct a review to understand the logic behind it and continuously optimize your trading strategies.

5. **Emotional management**: Recognize the impact of emotional fluctuations on decision-making during trading and learn to remain calm throughout the trading process. You can regulate your emotions through meditation, exercise, etc., to avoid impulsive trading.

6. **Set profit and loss limits**: Set an acceptable maximum loss limit for yourself. When this limit is reached, you should stop trading and reassess your strategy. At the same time, also have a reasonable exit strategy for profits to avoid giving back gains.

7. **Diversify investments**: Do not put all your eggs in one basket. Properly diversifying investments can reduce the risks associated with a single asset.

8. **Long-term perspective**: Consider adopting a long-term investment strategy, such as dollar-cost averaging in Bitcoin or other promising cryptocurrencies, to reduce the impact of short-term volatility and use time to your advantage.
Remember, cryptocurrency trading is a high-risk area, and the pursuit of quick wealth often comes with huge risks. Establishing a sustainable investment strategy that suits you is the key to long-term success. At the same time, maintain a sense of respect for the market, keep learning, and pay attention to avoid losing your way! $BTC $ETH

The December CPI data will be released tonight at 21:30

On January 15, the U.S. Bureau of Labor Statistics will release the unadjusted CPI year-on-year data for December 2024 at 21:30 Beijing time.

The expected unadjusted CPI year-on-year for the U.S. in December is 2.9%, compared to the previous value of 2.7%.

Another sleepless night, are you ready? #美国PPI温和上涨 $BTC $ETH

Top 10 Guidelines in Cryptocurrency

Did you know? I have a friend who has been navigating the cryptocurrency market for a full 5 years. When he first entered the market, he only invested 100,000, but now his profits have reached 10 million! His success relies not just on luck but also on the following "Top Ten Guidelines". If you want to achieve success in the cryptocurrency market, you might as well stick with these tips.

First, when encountering sideways consolidation, don’t panic; this is a test of patience. As long as you hold out, there is a high probability of reaping rewards later. However, be cautious during high-level sideways consolidation after a significant rise; that’s a different matter.

Second, if you see a certain cryptocurrency breaking through a moving average with increased volume, and then stabilizing above the moving average with reduced volume, don’t hesitate; this is an excellent buying point.

Third, if the leading cryptocurrency in a sector drops, don’t rush to sell; instead, that could be a rare entry opportunity.

Fourth, cryptocurrencies that are climbing with gaps often have strong momentum. If they subsequently pull back without breaking the gap, the likelihood of continuing to rise is very high.

Fifth, some cryptocurrencies have been hyped up several times and keep hitting the limit up, but there’s not much volume during the rise. This is likely orchestrated by the main force, so we shouldn’t follow the crowd blindly.

Sixth, there are still people who can’t make money in a bull market; the problem lies in not holding onto cryptocurrencies. Remember, in a bull market, you must hold steadily.

Seventh, any top formation will not be a simple peak. According to the basic principles of Dow Theory, at least a double top will appear, which is key to identifying a top.

Eighth, in a bull market, when the MACD's DIF line tests the zero axis downward, as long as it doesn’t break the zero axis and returns to it, it’s definitely a good time to enter.

Ninth, when the 120-day line shows a bullish arrangement and the trend line is upward, decisively buy on dips; this method has a very high accuracy rate.

Tenth, pay attention to cryptocurrencies that continuously show small bullish candles; this means the main force is quietly collecting chips! Just like Marvin (7055), which currently has a market value of only 7 million USD, it’s a great time to lay low and ambush. Everyone should take note; perhaps the next wealth miracle will be born here! $BTC $ETH

Nine skills in the cryptocurrency circle

These nine skills must be learned. The cryptocurrency circle is a place to make money, but high returns are often accompanied by risks. I have sorted out some skills for cryptocurrency investment for you, which are also my experience and I share them with you.

First, decisiveness
An excellent investor needs decisive qualities. Once you see the right direction, follow your own ideas and don't be afraid of losses. Reasonable losses can avoid risks. Don't be indecisive.

Second, point
There are two modes for entering orders in digital currencies, bullish and bearish, which can be divided into four types: low-long, low-short and high-long, and high-short. If it is a unilateral momentum, this is all feasible, but if it is a shock trend, then there is no need for low-short and high-short, and don't chase ups and downs.

Third, position
The allocation of funds should be consistent with the psychological tolerance. When the position is too large and full, once the trend changes, the loss increases and the psychology changes, so that it is not possible to calmly operate and analyze, resulting in errors.

Fourth, stop-loss
Under a unilateral trend, the stop-loss method can increase the profit margin, while in a volatile market, stop-loss requires personal thinking about the point of closing the position. In a volatile market, it is possible that a small profit per order can accumulate into a large amount.

Fifth, stop-loss
Before investing, you have to think about the stop-loss price, and fill in the stop-loss price after placing an order. If the market is not the trend you expected, you can reduce the loss in the first time and save your vitality.

Sixth, frequency
Digital currency can be traded 24 hours a day, so some market conditions will be missed. You need to master your own trading frequency. Too much trading will lead to technical analysis errors.

Seventh, mentality
Mentality is the most important thing in this industry. How much money you make will affect your mentality, but we have to think about whether it is profit or loss rather than how much money you make. It is better to make less money than to mess up your mentality and lose money.

Eighth, increase positions
In a unilateral trend, we can increase positions with the trend, but we cannot increase positions against the trend. There is a high probability that increasing positions in a counter-trend will lead to increased losses. We must not arbitrarily cancel or change the stop loss of a counter-trend order.

Ninth, follow the trend
When the market shows a one-sided trend, we cannot think of adjusting at any time. Maybe all indicators are at high levels, but the indicators will also deviate, so we cannot go against the trend. $BTC $ETH

Big news coming!

21:15 US December ADP employment, 21:30 to January 4 week initial jobless claims, 23:30 to December 30 week EIA crude oil inventory data will be released one after another.

After last night's 🐕庄 washing, I don't know how many people's hearts are bleeding. Tonight is destined to be another sleepless night. The opportunity for revenge has come. Master Yin has made arrangements in advance and must hold the dog dealer to death tonight. Come to consult the speed of emptying the warehouse! $BTC $ETH #本轮牛市周期预期

The market has been declining steadily and has entered a period of fluctuation; this trend is quite obvious, right! The early shift is about to start.

If you are unsure about the timing, come consult! $BTC $ETH #本轮牛市周期预期

When playing with contracts, remember the following points! It's critical! This is also my experience for many years, and I would like to share it with you.

1. Playing with contracts is to make a small bet for a big gain. It is normal to suffer losses, but after facing stop loss, two groups of people appear. Some people will open orders frantically after stop loss, and some people will directly enter the cooling-off period. My suggestion is that if you encounter frequent stop loss, you should calm down, temporarily stop trading, and adjust your strategy.

2. Don't rush for success. Trading is not a means to get rich overnight. When you encounter losses in trading, keep a calm mind, don't rush to open orders, and don't bet heavily.

3. It is important to be optimistic about the general trend. When you see that it is a one-sided market through the market, you must follow the trend and don't trade against the trend. The counter-trend is the root cause of losses. Both novices and veterans have the habit of trading against the trend. However, once the market trend is formed, counter-trend operations are often taught a bad lesson by the market, so we must learn to follow the trend and wait patiently for opportunities before operating.

4. The profit-loss ratio must be good, otherwise it is difficult to make money. Make the profit as much as possible greater than the loss. At least a 2:1 order must be achieved before considering opening an order.

5. Frequent trading is a taboo in contracts. If you are not a contract expert, you must restrain the impulse to open orders blindly, especially for novice players, who are passionate about the market and always want to seize every opportunity. However, most so-called opportunities will bring losses.

6. Only make money within your cognition, this is very important.

7. Don't carry orders. Contract carrying orders is a taboo, especially for novices who have just started. You must do a good job of stop loss. Carrying orders is the beginning of stepping into the abyss. I remind you again not to carry orders.

8. Don't drift when you make a profit. If you drift, you will lose.

Follow the blogger and don't get lost! See the strategy as soon as possible. $BTC $ETH $BNB #本轮牛市周期预期

Having learned my clumsiest cryptocurrency trading method, I can now navigate the crypto world like I'm on autopilot, with a green light all the way, simply because I have firmly grasped the following 10 rules.

1. As long as a strong coin has dropped for 9 consecutive days at a high position, be sure to follow up promptly.

2. If any coin has risen for two consecutive days, be sure to reduce your holdings in a timely manner.

3. If any coin has surged more than 7%, there is still a chance for further highs the next day, so you can continue to observe.

4. For strong bullish coins, be sure to wait until the correction is over before entering.
5. If any coin has been stagnant for three consecutive days, observe for another three days; if there is no change, consider switching to another coin.

6. If any coin fails to recover the previous day's cost price the next day, you should exit promptly.

7. There are three on the rise list, there must be five; if there are five, there must be seven. For coins that have risen for two consecutive days, buy on dips, as the fifth day is usually a good selling point.

8. Volume and price indicators are crucial; trading volume is the soul of the crypto world. When the coin price breaks out on increased volume at a low level, it requires attention; when there is a volume surge in a high position but the price stagnates, you should decisively exit.

9. Only operate on coins that are in an upward trend, as this maximizes your chances and won't waste your time. An upward turn in the 3-day line indicates a short-term rise; an upward turn in the 30-day line indicates a medium-term rise; an upward turn in the 80-day line signifies a main upward trend; an upward turn in the 120-day moving average indicates a long-term rise.

10. In the crypto world, small funds do not mean no opportunities. As long as you grasp the correct methods, maintain a rational mindset, strictly execute strategies, and patiently wait for opportunities, you can also achieve a turnaround in wealth on this land full of opportunities. Remember, while the crypto world is good, the risks are also great; only by continuously learning, summarizing experiences, and improving can you succeed.

How to turn 10,000 oil into 1,000,000 oil in the cryptocurrency contract market
All based on experience, summarized into 9 points ↓

1. If your initial capital is not very large, such as within 100,000, being able to catch a significant volatility in the market once a day is already sufficient. Do not be greedy and always hold positions!

2. When encountering major positive news, if you don’t sell on the same day, remember to sell at the high opening the next day; the realization of good news often leads to bad news.

3. News and holidays are also very important. When encountering major events, adjustments should be made in advance (reduce positions or even go to cash). Historically, significant events will bring about major volatility in the market. If you can't grasp the direction in advance, then wait for the market to come and follow the trend!

4. The mid-to-long-term strategy must be to operate with light positions, leaving enough room for operation. Stable operation is the best strategy; do not operate with heavy positions.

5. Short-term trading focuses on following the trend, entering and exiting quickly. Avoid greed and hesitation. In a highly volatile market, look for suitable points to enter; if the market is sluggish and inactive, then go to cash and wait patiently.

6. When the market fluctuates slowly, rebounds will also be very slow. When the market fluctuates quickly, the corresponding adjustments will be rapid as well!

7. If you enter the wrong position or direction, then cut losses in a timely manner (do not hesitate to hold the position). Cutting losses is a form of profit; preserving capital is fundamental to surviving in the market.

8. For short-term trading, you must look at the 15-minute candlestick chart. The KDJ indicator can help you better capture suitable entry positions.

9. There are countless techniques and methods for trading cryptocurrencies, but the most important thing is still the mindset. A person's mindset is crucial; the cryptocurrency market can easily make you feel the ups and downs, so adjust yourself well.

A simple and efficient method of cryptocurrency trading, almost guaranteed to make money! Do you also want to achieve financial freedom through cryptocurrency trading? Let me share a true story.

There is an uncle around me, who was originally an ordinary taxi driver. After accidentally coming into contact with the cryptocurrency circle, he began to seriously study cryptocurrency trading and successfully counterattacked with simple and effective methods. Now his assets have exceeded 8 figures!
His cryptocurrency trading strategy has only 4 steps, which is very simple, but the effect is amazing. Here are the specific operations:

Step 1: Select the currency
Open the daily level chart, only select the currency with MACD golden cross, and give priority to the golden cross above the 0 axis, which is the condition with the highest success rate!

Step 2: Buy signal
Switch to the daily chart and only focus on one moving average-daily moving average. The rules are simple:
. Online holding: buy and hold when the currency price is above the daily moving average.
. Offline selling: sell immediately when the currency price falls below the daily moving average.

Step 3: Position management
After buying, observe the currency price and trading volume:
1. If the price breaks through the daily average and the trading volume also stands firm at the daily average, buy all positions.
2. Selling strategy:
. Increase of more than 40%: sell 1/3 of the position.
. Increase of more than 80%: sell another 1/3 of the position.
. Fall below the daily average: clear all remaining positions.

Step 4: Strict stop loss
The daily average is the core of our operation. If the price of the currency suddenly falls below the daily average the next day, no matter what the reason, it must be sold in full position, and no luck can be taken! Although the probability of falling below the daily average is very low through this screening method, we still have to maintain risk awareness. After selling, just wait for the price of the currency to stand firm at the daily average again, and you can buy it back again.
This method is simple and easy to learn, and it is very suitable for investors who want to make steady profits. Remember, the key to success is to strictly execute each step and not be swayed by emotions! $BTC $ETH #币安全球用户突破2.5亿

Is this trend clear? Can you grasp it? The morning shift is about to start!

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The most stable way to trade contracts
In a rising market, go long on the strongest coins; conversely, in a falling market, short the weakest coins.
For example, at the beginning of a bull market, the strongest performers are Bitcoin and Ethereum. When there is a pullback, these two coins are the first choice for going long. In a downturn, the first choice for shorting is Bitcoin. Even if the final result shows that mainstream coins have larger declines than Bitcoin, only shorting or chasing Bitcoin can greatly avoid the risk of violent rebounds. Most traders in the crypto space are short-term traders. When trading, it is difficult to stick to ideal exit points, and they may not be very skilled at position control or rely on fluctuations to average prices. Given this situation, a good entry price is more important than anything else for most traders. Once there is profit, take some off the table to secure gains, and set the remaining portion to stop-loss at the cost price.

The essence of contract trading strategy
(1) Identify the main trend and trade in the direction of the main trend; otherwise, do not enter the market.

(2) If you are trading in the direction of the trend, entry points: 1. A new breakout point in the trend; 2. A breakout point from consolidation moving in a certain direction; 3. A pullback point in an uptrend or a rebound point in a downtrend.

(3) Positions that align with the trend will bring you substantial profits; do not exit prematurely;

(4) If the entry aligns with the larger trend and the paper profit proves you are correct, you can use a pyramid-style technique to increase your position.

(5) Keep the position unchanged until the trend reverses and you close the position.

(6) If the market trend is opposite to your entry, cut losses and run quickly.
Summary: The way of trading is to accumulate little by little, with compound interest being king. If you move away from your cost, you must not turn back into a loss. If you have made a profit, definitely take some off the table to avoid working for nothing. In summary: If you make a profit, be bold in your actions, and let the remaining amount be at the original price loss. $BTC $ETH $BNB #比特币走势观察

High position receiving 🈳, already given to everyone in advance,

4800u secured! Next layout in progress! $BTC $ETH #比特币走势观察

At 21:30 tonight, the number of unemployment benefits will be announced! Tonight is the time to eat big meat! Are you ready?

Master Yin has made a plan in advance and has a plan in mind. It is necessary to grasp the dog market in this market! Friends who are short may wish to prepare together🛫$BTC $ETH #比特币走势观察