The market has been very good these days, and I have made money every day. I hope sharing some rules and methods of currencies can help you.
First, let's talk about contracts and spot. Spot can make money, so can contracts?! There is a saying that novices die from chasing highs, experts die from bottom-fishing, and masters die from contracts. I am a novice who dies from contracts and rises again, and I will never touch contracts. There are three main points:
1. The counterparty of the contract is the exchange. I am not one of those who make money from contracts. What I want is to make steady money. Many people make money from contracts, but the last time they make money, it goes back to zero. This does not fall into the category of making steady money.
2. Contracts are two-way, and the brain will switch between long and short, which can easily confuse people's thinking. Spot has only one direction. You can make money by playing with spot, and you can also make money by playing with contracts. As long as people make mistakes, sometimes the consequences of mistakes are zero. The money you earn with hard work and ability is used up by contracts until you are liberated!
3. If the spot price goes up, you can make money by going short. Yes, it is true! You can make more by opening long positions and controlling your positions. You can make up to all your margin funds, which is one time. You can make up for the spot price by lowering the average price and waiting for a rebound.
Let’s get to the point today, currency sharing:
1. Ambush in advance
1) #ARK , I have been watching this coin and it has never exploded. I have also studied the basics and found that it is a public chain in France. I ambushed it in advance. It doubled in 4 days. Of course, we only took 30% and left the market.
2) #Cream also conforms to this rule, there is no sudden increase, Alameda investment, K is very stable.
3) #Multi , same rule as above.
The risk of ambushing coins in advance is very high. If BTC stabilizes, there is a possibility of a sudden increase. If the big bitcoin price falls back, there is a possibility of being trapped, so you must be prepared to cover your position. The risk is high, and the return is high. You must control the risk yourself.
2. Chasing high-priced currencies
This kind of coin needs to see an increase in value
1) ARK. Although this coin has fallen off the market, the trend is still there. It will keep going up to 1, and then run away after getting 5-10.
2)VIB, OSMOS, MINA, etc. same as above.
The highest point requires courage, position management and instant judgment. Combined with the 15-minute line position building method I mentioned before, quickly judge the 1-hour and 4-hour pile volume. If the volume is large, the dealer has not sold all the chips. At the same time, the trading volume is large and has not reached the pressure level. Don't be afraid of the highest point decisively. It will definitely break through the previous high.
3. Round Trip Coin
There are too many such as WLD, CYBER, FTT, AUCTION, SEI, YGG, MC, etc. It depends on personal preference. These coins have a regular pattern, and the rise and fall are relatively regular. You can see it through the 15-minute, 1-hour, and 4-hour lines. The increase of each coin is different. According to your own situation, build at a low position and sell at a high position. 2-10% is not a big problem. Just look at the 15-minute line.
The above operations must be done under the condition that BTC is stable, and the swing funds must be managed in separate accounts from the long-term funds, and cannot be mixed together. When the money reaches a certain amount, it must be cashed out. Making money is the goal, and continuous and steady money can last in the cryptocurrency circle. Many methods are also effective in bear markets, so don't be afraid of bull and bear markets. Earn less in a bear market and more in a bull market.
