I'm sure that many of you in the Crypto market have lost sleep and appetite these days because the market keeps turning red after a little green. Four years ago, I was the same when I first stepped into this lucrative market; with such tremendous growth, I didn’t know which way to go, and I’ve experienced quite a bit of loss and suffering in this market. Today, I want to share with everyone some of the things I know to help some of you escape the traps in this market.
THINGS YOU NEED TO KNOW TO MAKE MONEY IN THIS CRYPTO MARKET.
1. UNDERSTAND MARKET MAKERS
• Who are they?
• How do they manipulate the market?
• How do they set the price of a coin?
Here, the more you understand human greed, the more you understand the MARKET MAKERS. They do everything possible to stir up your greed (X10, X20, X100,...)
2. ECONOMIC CYCLE - MARKET CYCLE
• How long does the economic cycle last?
• How long does the Crypto market cycle last?
• How many stages are there in each cycle?
• Signs to identify which phase we are in the cycle?
Many people here will say that the Crypto market cycle will no longer repeat or occur as it did in previous years. Because the Halving in 2024 will be the last Halving we see. The amount of Bitcoin that miners receive will decrease more and more. The 4-year cycle will no longer be as important compared to what governments and companies are doing. They are buying a lot of Bitcoin, and this cycle will be very different from the next. TRUE, the cycle may be shorter, it may be longer, Bitcoin is held by governments and large companies. HOWEVER, THE CYCLE MUST STILL OCCUR IN EACH STAGE. Companies, Halving, and governments cannot stop this.
3. CASH FLOW ANALYSIS
• How does cash flow move in the market?
• When will the cash flow move?
• Where will the cash flow move?
• Why does cash flow move like that?
We all know that any market with cash flow and liquidity can exist. Therefore, you need to understand cash flow well, and this game will be easy for you to grasp.
4. HOW TO ANALYZE A COIN
• What area does that coin belong to?
• Is the project’s dev information clear?
• Which funds are investing in that project?
• How much money has the project raised, and how many rounds?
• How is the Tokenomic analysis of that coin?
In this section, you need to pay attention to when to ANALYZE A COIN most accurately. Don't just look at the ideas above and analyze because it will lead to you getting stomped.
5. TECHNICAL ANALYSIS
ONLY STICK TO 1 TECHNICAL METHOD
• Many people entering the Crypto market specifically and the financial market in general pay great attention to technical analysis and learn many different methods to diversify their strategies. However, this is a significant drawback of technical analysis when you learn too many different methods. Because at certain times one method signals DOWN while others signal UP. If your market experience is still limited, the more you learn, the less you understand about analysis and the more confused you become. Therefore, newcomers or those who have been studying analysis without results should focus on learning just one method. Mastering one method can already earn you substantial profits from this market.
6. CAPITAL MANAGEMENT - EMOTIONAL MANAGEMENT
• Capital management and emotional management are the pinnacle of everything. You may be skilled in technical analysis, project analysis, cash flow analysis,... But if you don’t manage well, no matter how skilled you are, your money will vanish. Anyone who has been in the market for a long time but hasn’t made any money should reconsider their capital and emotional management.
THIS IS ALSO WHAT I HAVE LEARNED FROM YEARS OF COIN TRADING. I HOPE IT WILL HELP YOU A LITTLE ON THIS COIN TRADING JOURNEY 😅
