In the crypto circle, all methods and strategies are techniques, such as contract hedging, spot positioning, grid trading, etc.!
It is not possible to use diligence in 'techniques' to cover laziness in 'principles'.
You just need to buy low-priced chips and sell when you think the price is high. Never think about the highest price; I generally don't make a profit on the last coin.
Method 1: High-quality spot trading
Although most of the profits from my spot holdings have returned to the cost line, and there are a few that have lost 20%, I am not worried at all. I believe it won't fall much because the past 20 days of washing have already done enough. The rounds of decline have digested the bad news while achieving the goal of reducing high leverage.
Moreover, every time it drops near 92000, it rebounds strongly, indicating that there is relatively strong support below. Compared to a month later, the best price may be right now. I predict that there will be significant fluctuations in January, with 1-2 tokens experiencing sharp rises.
Method 2: Primary market
This requires you to have a certain amount of capital and technology; beginners are better off learning before participating. Following the footsteps of institutions to find reliable projects in the primary market requires professional research and analysis skills. You should at least know how to analyze the operators, investors, and the number of users of the projects. Compared to the secondary market, this will be the last opportunity for retail investors. Although it is also a difficult process, it is at least much more reliable than relying on luck in the secondary market. Actively participate in new tokens issued on Binance Launchpad or various projects on SOL to seek early investment opportunities. Although these projects carry high risks, if you choose the right ones, the returns can be very substantial.
Basic iron rules for veteran players in the crypto circle!!!
Iron rule of trading: Operate steadily and move towards financial freedom.
Pursuing full-time trading to achieve a dual leap in family and wealth? Remember the following essentials to help you move forward steadily! Emotion management: Calmly face market fluctuations, anticipate various possibilities, avoid emotional decision-making, and prevent missing good opportunities or falling into losses. Start with small amounts: When first entering the market, it is advisable to start with small transactions, choose stable cryptocurrencies, and gradually expand the scale and try high-risk varieties after accumulating experience.
Patience as a companion: Abandon the mindset of seeking quick success, and trading decisions should be decoupled from personal emotions. Follow market trends to reduce risks from subjective judgments.
Embrace failure: View failure as a step in growth, summarize in detail after each trade, continuously enhance investment capabilities, and pave the way for future success. Take breaks in a timely manner: Avoid over-trading; timely observation allows you to judge market trends more calmly, reduce erroneous decisions, and improve profitability.
Reasonable stop-loss: Set clear stop-loss points, balance risk and reward, ensure losses are controllable, and avoid missing larger profit opportunities due to small losses.
Independence: Stick to your own judgment, do not blindly follow others' opinions. The market has its own logic; trust your analysis and flexibly adjust trading strategies.
Precise market entry: Seize opportunities at key price breakout points, trade decisively, especially for ultra-short-term operations, as timing is crucial. Steady scaling: Be cautious when adding positions during profit, gradually reduce the amount of added orders, control overall risk, and ensure steady profit growth. Quick stop-loss: Once you find that the market trend is contrary to expectations, immediately take measures to stop losses, avoid expanding losses, and preserve capital for recovery. Let profits run: When the market trend is clear, hold your position and wait for an increase, avoiding selling for small profits and pursuing long-term gains.
Do not be greedy for windfall profits: When windfall profits are in hand, first consider closing positions, then investigate the reasons to prevent market reversals that could lead to losses.
Flexibly short-sell: Seize opportunities to short-sell at high points, as commodity markets tend to fall faster than they rise. Be flexible, increase profit channels, and be flexible in market entry: There is no need to get overly hung up on the best entry point; relax conditions appropriately to ensure trades are executed and capture more profit opportunities. Control positions: Do not hold too heavily, allocate funds reasonably, reduce psychological pressure, and lessen the impact of market fluctuations on capital.
By following the above iron rules and operating steadily, your trading journey will be smoother, and financial freedom will no longer be a dream. If you are still stuck and losing in this market condition, comment 333; there's no future!
