2024.1.2 Funds: 10675U
Stay stable, slow is fast
In the past few days, the funds have been relatively stable. Once the positions decrease, I will adjust the coins and parameters. The current trading frequency is still relatively low, which may be related to the coins and the parameters of the initial position. In the future, I should reduce the initial position and increase the number of coins to enhance the trading frequency.
After all, the strategy relies on volume for success; it's okay to earn a little each time, winning with less.
Yesterday, I received a lot of support and concern from my brothers and sisters. I would like to thank everyone once again for their support and concern. I will strive to survive, calmly and without haste. After all, with so many experiences behind me, having failed before makes me realize how precious and hard-won success is, which makes me cherish it even more.
Let's analyze the current BTC market again. Previously, I analyzed that BTC has reached near the support level, which is prone to rebound reversal trends. The market has already shown signs of rebound. Currently, there is still pressure above at 96000 and 97500. If it strongly breaks through, there is likely to be a bullish trend. At the beginning of each year, it's easy to see a bullish trend, then as we approach mid-year, it tends to oscillate and decline. Of course, it may also fail to break through the resistance level and could drop below 90,000.
Market predictions are impossible. Currently, my positions in the following projects are both long and short. The positions are somewhat balanced, which is considered a stable phase. Because when a one-sided surge or drop occurs, there is always one side of the position that can profitably close, and then we just wait for the direction of the market to change. After all, most of the time, when the market rises or falls, there will be a correction. My strategy is to profit from these corrections through speculation. There are certainly risks; what if we encounter a coin that surges 100% and then plummets 50%? According to the current strategy, this risk has already been taken into account, and there won't be a liquidation. Of course, if we encounter a coin that rises several hundred percent and then drops 99%, I will adjust the coins based on the market, modify program parameters, or shut down the program to stop losses and avoid black swan risks. May we pass smoothly in the new year!
Alone, my joys and sorrows can hardly shake my dedication to trading. I will give my all, doing everything in my power to push trading to the extreme.
