What is the trading strategy of a multi-million-level trader?
1. Timing in the big cycle: Use on-chain data such as NUPL and HODL Waves indicators to make judgments, and determine the timing of buying and selling through market highs and lows.
2. Thinking about investment performance: The increase in scale will have an impact on the trading system, and more attention needs to be paid to long-term and stable investment. Look for investment opportunities that are not fully recognized and can provide excess returns (outperforming Bitcoin).
3. Trading selection: Forming a trading strategy is a process of continuous subtraction, jumping out of technical analysis and turning to focus on the behavior of dealers. Give up the prediction of fundamentals and focus on trend trading of strong targets.
4. Profit principle: small profits at ordinary times, small losses at ordinary times, occasional big profits, and never big losses.
5. Use of tools: Use monitoring robots to find currencies that have set new highs and conduct trend trading.