Someone asked me how to turn 3000 into 100 times?
Try earning 10% every month; are you trying to use compound interest to imagine earning a million?
That can only be a fantasy. I tell you that the reality is that you can only earn 100 times by relying on each time's 10x, 5x, or 3x.
Compound interest is one of the eight wonders of the world...
You only need to go bankrupt once, and you will never listen to these toxic motivational speeches again!
Crossing classes through trading coins relies absolutely not on compound interest but on cycles, liquidity, and price behavior.
Use cycles to trade contracts:
The larger the cycle you observe, the higher your chances of winning. Essentially, the cryptocurrency market is a global financial market. You are playing a trading game with people from all over the world, and now you need to take money from their wallets.
How to take it?
Use slow money to earn fast money, use smart money to earn from foolish people.
Most people in this world are impatient, do not understand strategies, and are reckless. Most people rely on a 'fierce' approach to open positions, rarely focusing on their positions, entry timing, and risk levels.
They only focus on how to make quick profits, so they enter and exit quickly, betting large amounts, leading to bankruptcy and leaving the market.
They trade with profit and loss of just a few dozen points. If you extend your trades a bit, aiming for 200-point profits and stop losses, your winning chances will increase.
Your funds will consume such funds, and this is not about how smart or patient you are; you are actually leveraging a very critical factor—'cycles'.
When the price of Bitcoin is at $3000, the daily fluctuation is about dozens of points; at $10,000, it's 200 points; at $30,000, it's about 1000 points per day; and at $58,000, which is the current price, it's around 2500 points daily.
And your forced liquidation price can only bear... a 300-point fluctuation. I understand your ambition, but you can't treat fluctuations lightly!
This knowledge does not need to be understood only after you go bankrupt; you need to understand it right now!
If you manage your risks well, it doesn't matter if you open a contract with 1000 times; you only need to care about where your risk level is.
Let me give you an example. For instance, this bull market is a large cycle, within which there are countless small cycles, and within those small cycles are nested cycles. These small cycles oscillate back and forth, always moving towards the peak of the bull market.
You need to judge where the low point of a small cycle is at this moment; this low point is likely not to be broken. Then, trade within this cycle without needing to look at resistance levels, support levels, or pressure levels. In this small cycle, your trade will be the best.
As long as you make a good judgment, there will be no mentality of anxiety or panic. I believe the bottom of the small cycle of Ethereum is at position 2947. As long as it drops within the range, I will add to my position. I don't even think about it; if it drops, I will add to my position. I will sell at position 3210.
If it drops, I will continue to add to my position. What am I afraid of?
I am not afraid because I control my position and manage my risk. I believe that at this moment, my risk is at its lowest.
This position, this logic, this cycle has no lower risk than I expected.
I acknowledge my losses!
Because I have already managed my risks!
There are no gods in the contract market; don't create a god for someone. Those people who make tens of millions with hundreds of thousands a year only know how to control risks.
I mention this because so many people go bankrupt unnecessarily. A qualified experience of bankruptcy is when you have gone through countless corrections and efforts but still cannot be saved.
There is a very simple method for trading coins that allows you to maintain 'eternal profits'.
At the end of last year, I played with 200,000, and now it's 20 million, effortlessly making a hundredfold profit (suitable for everyone). I am still using this method, which is high and very stable.
Everyone doesn't need to worry about whether you can learn. I can seize this opportunity, and so can you. I am not a god, just an ordinary person. The difference between others and me is that others have overlooked this method. If you can learn this method and pay attention to it in the later trading process, it can help you earn at least 3 to 10 points of profit every day.
First Step 1: Add coins that have increased in the last 11 days to your watchlist, but note that coins that have dropped for three days or more need to be excluded to avoid capital escaping with profits.
Step 2: Open the candlestick chart and only look at the coins with a MACD golden cross at the monthly level.
Step 3: Open the daily candlestick chart and only look at the 60-day moving average. As long as the price of the coin pulls back near the 60-day moving average and a volume candle appears, then enter with a heavy position.
Step 4: After entering the market, use the 60-day moving average as the standard. If it's above the line, hold; if it's below, liquidate and sell.
There are a total of three details.
1. Sell one-third when the price increase of the wave exceeds 30.
2. Sell one-third again when the price increase of the wave exceeds 50.
3. This is the most important and the core factor that determines whether you can make a profit. If you buy in on the same day and unexpected situations arise the next day, causing the price to drop below the 60-day moving average, you must exit completely without any luck mentality.
Although the probability of breaking below the 60-day line using this method of selecting coins based on monthly and daily lines is very low, we still need to have a risk awareness. In the bullish cycle, preserving capital is the most important thing. However, even if you have already sold, you can buy back when it meets the buying criteria again.
Ultimately, the difficulty in earning money is not the method, but the execution.
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