Mastering one can unlock a life of wealth; a single skill allows you to eat everywhere!
What is the most genuine approach in the cryptocurrency world?
After trading cryptocurrencies for a few years, I entered the market in 2017-2018, secretly took out 200,000 of the family's savings, and lost it all. I took out loans of tens of thousands to gamble and double my investment. Finally... it was all gone very quickly... altogether, it was over 20 times. My family was already devastated when they found out, and my mother collapsed and was hospitalized. At that time, I thought about jumping off a building; I was determined not to fall and must earn it back.
After more than a year of desperately working to pay off debts and learning cryptocurrency knowledge, I have paid off my loans and saved tens of thousands. After taking this long to rest, I found a cheap rental and fully invested in the cryptocurrency world, trying out the knowledge I learned over the past year with a small position. If I make a mistake, I summarize the mistakes I made, observe the thoughts and techniques of cryptocurrency experts, and become increasingly stable, with a higher win rate. I no longer enter blindly; instead, I plan my account well, combining medium and short-term strategies for the best compound interest.
Later, I secretly took out another 50,000 in loans, and over two years, I earned 500,000. My family began to view me differently and has continuously supported me. I recall those days when I left home...
The secret method in the cryptocurrency world; mastering one can unlock a life of wealth. A single skill can truly allow one to eat everywhere.
One, the longer the sideways consolidation, the higher the rise. The longer the sideways phase, the higher the rise.
Two, sideways consolidation + indicates bottom accumulation; the more chips accumulated, the greater the ambition. If it suddenly drops while consolidating, it will be a small drop, and after the drop, it must rise. If it suddenly rises while consolidating, it will be a small rise, and after the rise, it must drop. The sideways accumulation phase is the strong accumulation phase, characterized by wash trading +; wash trading involves back-and-forth rises and falls, simple and brutal, but it works every time.
Three, if it doesn't create a new low, it will soon rise; if it doesn't create a new high, it's not good. Not creating a new low indicates that major players are entering the market and continuously acquiring, soon to reach the bottom. Not creating a new high indicates that the big players are secretly offloading, which is very bad.
Four, when the volume is at a sesame point, it is bound to rise significantly; at the peak, it must drop significantly. The volume at sesame points is merely observing; no one is buying or selling, either waiting for a rise with chips in hand or the big players have no chips left and are waiting for a drop.
Five, after a shallow drop at the peak, it will probe again; after a bounce at the bottom, it will probe again. This is how the big players offload their unsold goods again; probing at the bottom is to collect chips that were shaken out.
