Big shot in the crypto world shares their experience: small contract coins carry high risks, sharing trading insights!

A few days ago, I had tea and chatted with a big shot in the crypto world and was shocked by his experiences. He said that he once traded contracts for three days and directly faced a liquidation loss of 50 million, a bloody lesson indeed.

Let me talk about myself. I have also experienced ups and downs in the crypto world. I initially entered the market with 500,000, and when the bull market came, I became a millionaire. However, without paying attention, I faced liquidation again and turned back into a poor person with 8 million. Fortunately, I didn't give up and made a comeback with 1 million, and my assets rose to 20 million again. However, later the market worsened, and it shrank to the current 3 small suns (which refers to a certain type of virtual currency). Now I'm waiting for the next bull market, aiming for 5 small suns!

My trading method is quite simple but particularly practical. In one year, my assets multiplied by 8 times. The secret is to focus on a specific pattern and decisively enter when there's an opportunity; if there's no pattern, never act recklessly.

Over the years, my winning rate has been over 90%, all thanks to patience and insight.

However, the crypto world is not easy to navigate. Here are a few tips for newcomers:

Trade at night, when you can analyze calmly; during the day, your mind may be unsettled. Don't be greedy when you make money; take profits when necessary, don't let profits fly away. Trading should rely on analysis, not gut feelings. Being rational is key to winning. When watching the market, don't easily set stop-losses and take-profits, but when not watching, it’s essential to set them to prevent risks. Trading in crypto is about making money; withdraw profits regularly and don’t let money stagnate in your account. For short-term trading, look at the hourly candlestick chart and trade according to the trend. During sideways markets, check the 4-hour and daily candlestick charts, and remember to set stop-losses and take-profits.

Here are a few more practical experiences to share:

Choose strong coins for trading, using the 60-day moving average as a reference. Add positions or hold when prices are above the line, and withdraw when below. Don't chase after coins that have surged; entering at lower levels is safer. There are signals before a big rise; a decrease in trading volume is an opportunity. Buy low and wait for a big rise. When new hotspots emerge, follow the big funds closely. Seize opportunities to make easy money. When a bear market comes, take a break; don't act recklessly. In unfavorable market conditions, it's better to act less. Review your trading strategies weekly; stick to what works and change what doesn’t. This is how you can stabilize your profits.

Click on my avatar to see my homepage and follow me for free communication in the community, where I share various potential coins daily, helping you to uncover various hundred-fold coins, allowing you to exit the bull market with overflowing profits.