If you plan to invest in the cryptocurrency circle, please take a few minutes to read my answer word for word, as it may save your life and your family.
Thousands of originally happy families ended up ruined, stemming from the pursuit of an unattainable dream of making a fortune in the cryptocurrency circle. I believe if I really want to continue on the path of trading, I still need to study diligently. In addition to understanding the basics, analyzing news, and researching technical indicators should also be part of it. Without in-depth research and reasonable planning to manage your money, funds will only be exhausted in the end. Finally, as a base-less retail investor, you will only joyfully enter the market and leave in disappointment.
Some famous technical indicators have been passed down for a reason. For example, the divergence signals of MACD, the overbought and oversold signals of KDJ, and support and resistance signals, etc. While they cannot guarantee profits, they can allow you to conduct quantitative analysis on a more mature model, thus giving investors a basic direction.
In the cryptocurrency circle, earning 100,000 U from several thousand U, there is only one way, and that is rolling over the warehouse.
When you have a capital of 1 million, you will find that your whole life seems different. Even if you do not use leverage, a 20% rise in spot trading will yield 200,000, which is already the income ceiling for most people in a year.
Don't keep talking about millions and billions; start from your own real situation. Trading requires the ability to identify the size of opportunities; you can't always trade lightly or heavily. Usually, just play with a small position, and when a big opportunity comes, then pull out the big guns.
For example, rolling over the warehouse a, this is a big opportunity that can only be acted upon when it's time to take the lead. You can't keep rolling; it's okay to miss out. Because in your lifetime, you only need to roll successfully three or four times!
First, we need to know in what circumstances rolling over the warehouse operation is suitable: Currently, only the following three situations are suitable for rolling over the warehouse:
1- The choice direction after a long-term sideways volatility 'new low' 2- Buying the dip after a big drop in a bull market 3- Breaking through significant resistance and support levels on a weekly chart
Overall, only in the above three situations do the odds of winning look relatively large; all other opportunities should be abandoned. Below are the manipulation methods for rolling over the warehouse:
Floating profit added position: After obtaining floating profits, you can consider adding to your position. However, before adding positions, you need to ensure that the holding cost has been reduced to minimize the risk of loss. This does not mean blindly adding positions after making a profit, but rather doing it at the right moment.
Base warehouse + T trading rolling operations: Divide your funds into several parts, leaving one part of the base warehouse untouched while using another part for high selling and low buying operations. The specific ratio can be chosen according to personal risk preferences and capital scale. For example, you can choose half a warehouse for rolling T, three-tenths of a base warehouse for rolling T, or seven-tenths of a base warehouse for rolling T. This operation can reduce holding costs and increase profits.
The martial arts secrets have been given to everyone; whether you can become famous in the martial world depends on yourself.