#20u起家日记

Day 43 10.25

The funds are still around fifteen hundred

I haven't opened any orders these past few days, afraid of messing around and ending up with nothing. Mainly, I can't see any good opportunities. I want to trade a one-sided market, but there isn't one. In fact, this choppy market still needs to look at Bitcoin. Bitcoin's hourly or four-hour spikes can reverse for a while, and then we can make a short trade.

I mainly feel that it's not very easy to trade right now. It's hard to make money, but losing money means you lose a hundred percent. The risks are very high; don’t open orders frequently. The more orders you open, the greater the risk. Reduce the number of orders and open only when there's confirmation.

These past few days, I've seen others buy some low-quality coins and make hundreds of times their investment. It feels really good, and there’s no risk. Buying ten or so dollars and flipping it a hundred times is also quite impressive. Recently, I've come to learn how to buy, and once I understand it, I’ll teach everyone.

As for the weekend, we still need to watch Bitcoin. Anyway, trading altcoins is just about watching Bitcoin. When Bitcoin spikes and reverses, we can make some short trades, and then set stop-loss to protect our profits. Don’t let it drag on and turn into a loss.

Alright, end 🔚