Why do you always lose money when you trade in cryptocurrencies? Let me tell you!

Only after going bankrupt can you know the importance of stop loss

#炒币心得
The road of trading in cryptocurrencies is not easy. Look at those who have entered the cryptocurrency circle. Who hasn't fallen a few times and suffered a big loss? But you have to remember that only those who really hurt themselves and got up to sum up their experience can make a name for themselves on this road. They know that stop loss is the most important thing in cryptocurrency trading. If you don't fall a big fall, you will never know how important it is to stop loss in time.

Let's talk about money. Cryptocurrency trading is not about being willful just because you have money. You have to learn to manage money, and keeping the principal is the kingly way. No matter how much you earn, as long as you lose it all at once, it will be in vain. Therefore, you have to be careful every time you trade, don't let your money go down the drain.

Cryptocurrency trading also requires self-discipline and patience. Those who make money don't rely on any secrets or tricks, they just can control themselves and have patience to wait. You have to fight your greed and fear and find your own trading method. In this way, you can make a lot of money and stop losing money in time.

Finally, here are some suggestions from some big guys:
Don't be impulsive, be calm. Set a good strategy, follow the plan, don't mess around. You also have to keep learning and keep up with the trend of blockchain and cryptocurrency. Don't put all your eggs in one basket. Invest in more potential projects, so that the risk is smaller.

Keep an eye on your wallet. Set a stop loss point, don't invest too much, safety first. Be careful when choosing a platform. Find a reliable and safe trading platform, add more safety measures, and don't let people cheat you.

When trading coins, you have to be careful, don't always think about making quick money. Take it slow, and you can go far.

#加密市场盘整 #比特币战略储备 #灰度提交Horizen信托文件
Bull market strategy layout, spot ambush opportunities, contract entry points, open the fog of false information, discover the real market, I am Brother Pao, welcome to join!
$BTC $ETH $XRP

Short-term Trading Techniques for Cryptocurrency Contracts: How to Grasp Market Bullish and Bearish Sentiment?

As shown, Binance's big data statistics are very useful and serve as a window to observe the current market's bullish and bearish sentiment. Based on experience, if the number of rising coins exceeds 900, look for opportunities to go long, not short; conversely, if the number of declining coins exceeds 900, look for opportunities to go short, not long.

Short-term trading is about sentiment, while medium to long-term trading follows the trend. Using this big data, there is a simple and straightforward operational plan. I originally made a short video to share, but I don't know if it was Binance's fault for not being complete or if I couldn't find the video publishing outlet, or if my low level restricted access, so I couldn't upload it. I'll make a post next time when I find the time.

It's best to check this big data daily to grasp the rhythm of turning from bearish to bullish or from bullish to bearish; otherwise, if the market is bearish like now, you might enter and immediately switch to bullish, timing is also very important.
#币安Alpha项目公布 #市场调整後的机会？ #USUAL现货上线币安 #炒币心得 #炒币技巧 $BTC $SOL $ACA

#炒币心得
Trading cryptocurrencies requires empathy
It means thinking from the perspective of the project team and considering the viewpoint of the market makers
Would you approach trading cryptocurrencies this way?
Please leave a comment and reply

Who are the people who have millions of USDT, and what is their life like?
There is a dumbest way to trade in cryptocurrencies, which allows you to keep "earning forever" and make 30 million!
In early 2017, I unexpectedly encountered cryptocurrency
In the bull market of 2017-2018, I invested 60,000 yuan and finally made more than 1 million yuan
In the bull market of 2020-2021, I relied on almost 10 million yuan, and the maximum floating profit was more than 20 million yuan
Now I am still making money with coins. Once I have an epiphany in trading coins, it's like turning on a cheat.
At the end of last year, I took 200,000 yuan to play, and now I have 20 million yuan, which is a hundred times profit (suitable for everyone)
A new round of bull market in cryptocurrencies is ready to go, and the goal of this round is to achieve true financial freedom.
My method of trading cryptocurrencies is very simple and practical. It took only one year to trade to 8 figures. I only do one form, and I will enter the market when I see the opportunity. I will not trade without a form. I have maintained a winning rate of more than 90% for five years!
I spend more time fishing and keeping fit.
If you also want to use cryptocurrency trading as a second source of income, want to get a share of the cryptocurrency circle, and are willing to spend time to grow and learn, then don't miss this article. Read it carefully, every point is the essence of the cryptocurrency circle.
I have been a professional cryptocurrency trader for more than 10 years, from 8,000 yuan to a huge loss of 8 million yuan, to the current wealth freedom and class transition. I have summarized the following iron laws of cryptocurrency trading to make you feel at ease in the cryptocurrency circle! Share with those who are destined
1 Divide your funds into 5 parts, only enter one-fifth each time, control the stop loss of 10 points, and only lose 2% of the total funds if you make a mistake once, and only lose 10% of the total funds if you make 5 mistakes.
2 Go with the trend, every rebound in the downward trend is tempting to increase, and every decline in the upward trend creates a golden pit.
3 Don't touch individual coins that have soared rapidly in the short term, and high-level stagflation will naturally fall.
4 Use MACD to determine the entry and exit points. The steady entry signal is that the DIF line and DEA form a golden cross below the 0 axis and break through the 0 axis. The signal for reducing positions is that MACD forms a dead cross above the 0 axis and runs downward.
5 Never cover your position when you are losing money, but add positions when you are profitable. Volume and price indicators are also very important. Pay attention to the large-volume breakthrough of the currency price at the low level of consolidation, and exit decisively when the high level has a large-volume stagnation. Only do currencies with an upward trend. The 3-day line, 30-day line, 84-day line, and 120-day moving average turn upward, representing short-term, medium-term, main rising waves, and long-term rises, respectively.#比特币政策 #炒币心得

【Taoism and Art: The Balance of Cryptocurrency Trading】
In the world of cryptocurrency trading, there has always been a saying that "making 10 points and running away is art, and entering and exiting in batches is Taoism". What is Taoism? Taoism is the market, the macro, the overall methodology, the prediction of the overall market, the trading mindset, the interactive choice, and the long-term view. And what about art? Art is the point, the index, the doubling, the independent narrative, the individual analysis, and the K-line.
Some people see a coin and hold it for a long time, regardless of anything else. This is Taoism, but they may die in art due to insufficient trading ability and end up with zero. There are also people who brag every day, but they are not good at it, and they can't make a penny. There are also people who only have art, can't see the big picture, don't look at the rise and fall of SOL, and short-sightedly only do local transactions. Although they occasionally double, they don't follow the general trend and can only make a little money, stumbling.
In fact, Taoism and art are indispensable. Only by perfectly combining Taoism and art can we move forward steadily in the wave of cryptocurrency speculation, grasp the macro trend, accurately operate the points, and achieve real wealth appreciation. #炒币心得 #meme币

How to achieve unity of knowledge and action and stop buying and selling randomly?
On the road of currency speculation, buying and selling randomly is not allowed. The following methods may help you achieve unity of knowledge and action.
1. Establish a correct mentality
When you don't have enough confidence to make money, you must control your positions, keep your positions, and prevent risks. You must know that the accumulation of wealth is a process, and you can't rush for success. At the same time, don't have the fantasy of getting rich overnight. Relying on time compounding, it's also great to double your money in a year. You should make yourself richer every year, instead of going downhill all the way after reaching the peak this year.
2. Establish a cooperation mechanism
It's easy for a person to lose control. In order to control yourself, you can find someone you recognize to work with you to do risk control. Clarify the division of labor, who is responsible for currency analysis, who is responsible for order risk control, each is responsible for their own responsibilities, and one person can't take care of everything. In this way, you can supervise each other and avoid impulsive trading.
3. Make a clear trading plan
A confirmed trading plan is the key to achieving unity of knowledge and action. For example, if the price of Bitcoin drops by more than 20%, you can start to invest in leverage, and if it rises by 100%, you can start to leverage in batches; or you can decide to trade in the fourth quarter, and work hard to make money in other quarters to prepare for the fourth quarter. With a specific plan, you can be more rational when trading and not be swayed by emotions.
In short, to achieve unity of knowledge and action and stop buying and selling randomly, we need to adjust our mentality, establish cooperation, make plans, and participate in cryptocurrency trading in a more stable way. #交易策略 #知行合一 #炒币心得

#炒币感悟 #炒币 #炒币心得 #炒币注意身体

I came to Binance today and wrote a poem.

Prose Poetry: Happy Little 2B Comes to Speculate in Cryptocurrencies

"Happy Little 2B Comes to Speculate in Cryptocurrencies"

Little 2B is such an interesting soul.

He holds his mobile phone, his brows are not frowned, and his heart is calm.

The turbulent times in the cryptocurrency circle do not affect his happy mood.

After all, cryptocurrency speculation is like a game to him, leisurely and comfortable.

The market fluctuates, he just smiles and passes it by.

When it goes up, he says: "Oh, I made a little money."

When it goes down, he says: "Oh, I learned some experience."

Life always has some waves,
and he prefers this rolling wave.

Others asked him: "Xiao 2B, aren't you afraid of losing money when you trade in cryptocurrencies?"
He patted his chest and said: "What's there to be afraid of? This is my pleasure."
He doesn't gamble or speculate, he just goes with the flow.
The prosperity and depression of the cryptocurrencies have become his footnotes.
Xiao 2B lives happily.
For him, trading in cryptocurrencies is not a battlefield of greed,
but a playground for finding the fun of life.
He always said: "Money, whether you have it or not, is life. The important thing is to have a good mood."
So, Xiao 2B continued his happy journey,
traveling in the world of digital currency,
he is not impatient, relaxed,
just like he treats life:
casual, frank, happiness first.

The cycle is set, but the trend is wrong. The most taboo is to double the price and go against the trend. This is true for spot and contract. If you don’t lose money, who will? Even if you can get out of the trap one day, TMD, the core of trading is to make money. You are here to get out of the trap. You must learn to follow the trend. Even the most experienced traders will be confused at times. The experienced traders are only better at position control than the newcomers. The newcomers basically play all-in#炒币心得 #美国PCE通胀放缓

$SOL 20 years of experience in trading cryptocurrencies, lost quite a lot for a long time, just wanted to study its underlying design and how to make money.
Then joined a top exchange to work. Now also involved in contract development.
In summary:
Not knowing leads to wanting to make big money at the right time. Now that I'm familiar with it, I just want to make some pocket money. #炒币心得

I find that the rational approach only works when making small decisions. For life-changing things, you have to take risks.
—— Janet Winterson

Like Musk, All in!
And it’s best if you can be very sure of something!
If you can see the trend clearly, boldly All In!
#炒币心得
$BTC

Agree with this viewpoint:

Trading coins can only involve communication and cooperation.

You cannot take them with you, nor can you bring them along, not even your own relatives.

Everyone has different personalities, talents, and experiences.

Moreover, it involves money, which is very sensitive; a slight misstep can turn friends and family into enemies.

Additionally, investment is something that can only be explored on your own; you have to navigate the challenges by yourself, and no one can help.

Seeing others' shares and experiences can only provide some understanding after going through actual experiences.#炒币心得

Cryptocurrency trading skills and answers!!!

#炒币技巧

#炒币注意身体

If March doesn't work, wait for April!

If April doesn't work, wait for May!

Poor in May, desperate in June, turn around in July!

If July doesn't turn around, wait for August!

If August doesn't work, wait for September!

If 21 years doesn't work, wait for 22 years!

If 22 years doesn't work, wait for 23 years!

If 23 years doesn't work, wait for 24 years to halve!

If 24 years doesn't work, wait for 25 years!

Then you realize that the final comparison of cryptocurrency trading is who has the longest life!

Wait, if we keep waiting like this, we will wait until Bitcoin is halved in 28 years, and it will definitely rise!

#炒币心得 #炒币 #炒币日记

Let's see what examples of people being sentenced for working over the wall or speculating in cryptocurrencies in recent years

In recent years, there have been many cases in China where people engaged in virtual currency transactions or worked overseas due to "over the wall", and the income of the relevant personnel was deemed to be illegal income and confiscated. The following two cases are cases that can be found on online merchants:
1. Programmers were fined and confiscated for "over the wall" work: A programmer in Chengde City, Hebei Province, provided technical services to overseas companies by accessing overseas websites through VPN from 2019 to 2022, with an income of 1.058 million yuan. The local public security organs determined that his behavior violated the "Interim Regulations on the Administration of International Networking of Computer Information Networks of the People's Republic of China", and issued a warning, fined him 200 yuan, and confiscated all his income.
2. Sentenced for providing "over the wall" services: On January 29, 2019, the People's Court of Xianning City, Xianning District, Hubei Province sentenced Liu to three years in prison, suspended for four years, and fined him RMB 500,000. Liu Moumou was convicted of providing programs and tools for invading and illegally controlling computer information systems by providing VPN services without authorization and helping others illegally access overseas websites. His illegal gains and tools were confiscated.

These cases show that unauthorized "climbing over the wall" to engage in virtual currency transactions or work overseas may be considered illegal, and the income obtained may also be considered illegal and confiscated.
#加密市场反弹 #炒币 #炒币心得
$BTC

Why should you focus on fewer cryptocurrencies and avoid being a 'Netcaster'?

In the cryptocurrency world, many newcomers believe that casting a wide net and holding many coins is a good strategy for 'diversifying risk.' Little do they know, this approach can easily turn you into a 'crypto brick mover,' staying busy yet not making any money.

1. Concentrated efforts outperform scattered forces
There are over 23,000 types of tokens in the crypto market, with 50 new tokens added just in the past day. Can you keep up with the research? The vast majority of altcoins have an average lifespan of less than six months.
Data shows that 90% of tokens lose over 70% of their market value within a year. So instead of 'blind boxing' with unknown coins, it's better to focus on potentially promising coins that have consensus and delve deeply into them.

2. Are you really able to keep up?
Suppose you monitor 10 coins, spending 10 minutes each day reviewing their market trends, that would require 100 minutes; then back-and-forth operations, averaging 5 minutes per coin, would take at least 2 hours a day. In the end, you realize you've spent the whole day without even finishing the whitepapers of the coins.
For example:
Last year, a friend of mine in Yudong cast a wide net and bought 50 tokens, but only 2 were profitable, while the other 48 lost money. By the time he realized, those 2 profitable coins couldn't recover the losses of the other 48. The result of 'casting a wide net' is 'widespread losses.'

3. Data doesn't lie
Research from Glassnode indicates that long-term profitable investors often hold no more than 5 types of tokens because:
• They can conduct in-depth research on projects and understand the fundamentals.
• They won't miss market trends, reducing operational errors.
• With concentrated effort, it's easier to capture bull market benefits.

4. To put it humorously, what happens when you cast a wide net?
Crypto netcasters have a common trait: they never buy enough of the coins that rise and always hold a full bag of coins that fall. The result is holding a bunch of worthless coins while cursing their wallets. Remember that joke? 'I hold 100 types of coins, and when others ask what I invested in, I say, 'I have everything, just no money.'

Final suggestion
Focus on a few promising sectors or coins and learn to subtract.
'Investing in crypto is like farming; it's not about how many seeds you cast but about how much grain you can harvest.' So, put down your netcasting mentality and focus on becoming a 'harvest expert.'
There are many opportunities in the crypto world, but only by concentrating can you unlock your wealth code!
(Commission rebate invitation code GEW6S16A)
#炒币心得 #炒币技巧 #比特币战略储备
$BTC

How to solve the problem of domestic cryptocurrency trading making authorities envious from a legal perspective (absolutely practical advice)

Register a US company with your own ID used for cryptocurrency trading, now your identity is that of a US corporate legal person; what's the big deal about trading a coin? If you don't agree, you can take it to court, right? As a legal person of a US company, what problem is there in purchasing digital currency from Binance as an asset for your US company? Dare to confiscate US corporate assets?

The above does not involve the issue of cashing out!

Registering a US company costs just over 1000 RMB and can be completed in a few days. I am with a legitimate company that specializes in registering foreign companies and can also handle tax reporting; you can register in any country you want!

#炒币心得 #规避风险 #变现

At the beginning, invest less, don't be greedy, keep a good attitude, and add a little luck and it will be perfect. #炒币心得 $BTC