The market trend is usually correct, so don't let the money you can get slip away! Investment does not have to be better than the market. In many cases, choosing the right direction is more important than working hard! When a trend appears, we follow it and run with it; when there is no trend, we just watch and wait patiently. You must know that tomorrow's success depends on today's choice, just like God will reward diligent people, the earth will treat kind people well, and people will favor honest people. Doing business with credit can make money, pursuing excellence in career can succeed, and doing art with heart can be brilliant. If you still can't figure out the trend of the market and have been losing money, then look down quickly, hurry up and get on the bus and don't fall behind!
After 10 years of trading cryptocurrencies, starting with 700,000 and earning 58 million, using only 5 layers of positions, relying solely on this method, the monthly profit can reach 70%. I shared the essence of it with my apprentice, and he has mastered it. With this method for short-term trading, he achieved a doubling of returns in three months. Today, I have specifically compiled the '6 Common Pitfalls' to share with those destined to find this useful; be sure to keep it well. Everyone comes to the cryptocurrency space with the same intention, and this is beyond doubt. If you are only coming to pass the time, then this place is not suitable for you. We come to the cryptocurrency space to gain additional income, to help our families live a little better. If technology is the premise for profit in the cryptocurrency realm, then the strict rule that needs to be adhered to is the key to long-term profitability.
First: Do not operate with a full position, always maintain a certain proportion of reserve funds. Second: Buy and sell in batches to reduce risk, dilute costs, and amplify profits. The advantage of buying down in batches and selling up in batches is that your average price is lower than others, resulting in higher profits. Third: When the market is weak, hold with a light position, ideally not exceeding half a position. In a strong market, you can increase your position appropriately; during a bull market, it is recommended to limit the position to 8 layers, keeping 20% as short-term or reserve funds to deal with unexpected events. Fourth: Adjust positions accordingly as the market changes, adjusting the size of positions up or down.
The most stable way to trade contracts in the cryptocurrency market.
People in the cryptocurrency market can experience a 50x or 100x increase in value overnight, or they may instantly lose everything. Playing contracts in the cryptocurrency market is like playing with your heartbeat, thrilling and more exciting than riding a roller coaster. Do you find it hard to sleep after placing a trade? Do you feel anxious after seeing a slight rise in the market? Have you ever experienced consecutive losses and frequent liquidations? Then you feel frustrated and regret your decision? Are you eager to recover your losses, only to find yourself sinking deeper? You keep fantasizing about the scenario after success, but reality keeps slapping you in the face? This is something every trader goes through; you and I are no exception!
The answer is not yet. At first, I thought the first quarter of this year would be the time for the bull peak, but after Trump took office, it was truly a chaotic situation, leaving both people and the investment market a bit confused. However, if we calm down and analyze it layer by layer, we can understand why the bull market hasn't left yet.
First of all, saying the bull market has left is merely stating that inflation is high and cannot come down, fearing a hard landing for the U.S. economy, and there are no favorable factors left to stimulate the market; most favorable factors have already been realized. This statement might not seem problematic at first glance, but the biggest favorable factor, interest rate cuts, has not been truly realized yet. I originally thought the market would have a rally in the first quarter, then go quiet, waiting for 2026, when the interest rate cuts would truly benefit all corners of the economy, leading to another big wave. So, I planned to retreat from the crypto space in the first quarter and then come back later, as well as build up my positions now. It seems this might play out as a different script, which we will discuss shortly.
Secondly, the correlation between U.S. stocks and the crypto space is absolutely a part that cannot be ignored. Whenever U.S. stocks go bearish, it can be said that the crypto space will also likely follow suit. However, U.S. stocks have been performing well recently; I see my account's earnings over the past two months have been better than those in the crypto space. Thus, it can be said that over 90% of the crypto market has not yet played out. In fact, there is no need to pay attention to this news or that commentary; grasping these two points allows for predictions about the current market.
Now, back to the other script I mentioned earlier: Currently, Trump's chaotic actions have caused the rise of Bitcoin to temporarily stagnate. It is expected that the next one to two months will be characterized by this stagnant market, which will also be a period that tests individual mindset. Personally, I feel that stagnant waters test the mindset more than a sharp decline. It is highly likely that the market will fluctuate sideways for a while between 9-10 before the next rise. As for how long the next rise will last and how significant it will be, I can't say for sure yet because there is still uncertainty regarding future interest rate cuts. We can take it step by step.
Therefore, I believe we are currently in a phase of good news and bad news. The good news is that the bull market hasn't left; the bad news is that it is going to be delayed, and there is new uncertainty regarding the extent of this delay.
1. Don't go all in Since investment carries very high uncertainty and significant risk, you should not go all in! If you go all in every time, there will inevitably be a time when it goes to zero. I am the best example; shortly after entering the crypto space, I went all in on BTC and BNB, quickly pushing my funds close to 10 million. However, later, going all in on metaverse projects and contracts almost brought me to zero twice. The principle of not going all in is actually basic knowledge in the investment field, something many investment moguls and books will tell you from the start. However, I indeed made this fundamental mistake. Generally, newcomers to investing do not start by going all in; I only invested 100,000 at first. The problem is that if a small investment quickly yields high returns, the greedy inner demon will be unconsciously released, eventually consuming rationality and leading to an all-in approach.
The market panic index has reached 10! This time I'm really not panicking!
Not long ago, everyone was talking about Bitcoin standing out, while altcoins were showing clear bearish trends. But now, it seems the market direction is about to change! Does anyone remember the last time CMC dropped to 20? At that time, many brothers were panicking and shouting, 'It's over, it's over,' but within a couple of days, Bitcoin quietly rebounded.
In reality, this market panic index is a 'humanity test.' Whether you are panicking or not is not determined by the market, but by the state of your own wallet. This index also reflects the emotions of most coin friends at the moment; either they have already lost significantly or they are cautiously observing from the sidelines, not daring to enter easily.
The more extreme the moment, the more we need to stabilize our mindset and definitely not panic. The rule of the market is like this: it won't drop to the point where everyone is fearful unless it rises to a level that terrifies everyone. Similarly, it won't rise unless it drops to a point that makes everyone feel anxious. Therefore, everyone must remain calm, observe market dynamics more, and try to minimize unnecessary entry operations, first protect the principal, patiently wait for the real opportunity to come, and then be ready to enter decisively at any time. The dawn is just ahead, it's coming soon, brothers, be sure to hold on!
Identify the trend, enter the market at the market price, divine prediction! Currently laying out comments below Shen Dan 999, Wuchang Zone! Wuchang Zone!
10 Trading Rules in Cryptocurrency Circle: Never Get Emotional with Assets
1. Never Revenge Trade When I close a trade, whether it is a profit or a loss, I stick to it. I close the chart and do not open it again for 24 hours. This prevents me from revenge trading. We close trades for a reason, which means there is no reason to re-enter immediately. Revenge trading is the main reason emotional traders lose money. This is especially critical when trading Bitcoin with leverage. Crypto traders watch Bitcoin for many hours a day, which makes it difficult to walk away and not re-enter after a loss.
In recent years, the price of cryptocurrencies has fluctuated dramatically, and this instability is mostly caused by market sentiment. Even experienced investors can be driven to spend recklessly due to the fear of missing out. After experiencing a wave of bull and bear markets, many people realize that most altcoins are not as good as what is stated in the white paper, and some even planned to freeload from the beginning. To avoid losses caused by blindly following trends. First, remember this phrase: In trading coins, mindset is more important than technique. Make money in a bull market, earn coins in a bear market, don't cut losses in a bull market, and hoard in a bear market!
Is it better to trade spot or contracts in the crypto space now?
I. The core logic of investment in the crypto space: balancing risk and efficiency Whether contracts or spot, the essence is answering one question: how to exchange controllable risks for excess returns in an uncertain market. Spot is like a 'fixed deposit': low leverage, long cycle, capturing industry β returns Contracts are like 'venture capital': high volatility, strong tools, seizing short-term α opportunities The crypto market in 2024 presents three characteristics: 1. Volatility contraction led by institutional funds (BTC spot ETF approval significantly reduces amplitude) 2. Reconstruction of the valuation system for altcoins (MEME coins devouring traditional altcoin liquidity)
The Stupidest Way to Make Money in the Crypto World
After trading cryptocurrencies for ten years, I started with 30,000 and now have over 200,000! With 50% of my capital steadily invested, I can achieve monthly returns of up to 70%. I passed this unique secret to my disciple, and he doubled his money in three months. Since I'm in a good mood today, I’ll share these precious tips with you, so make sure to keep them safe! 1. Divide your funds into 5 parts and only invest one-fifth each time! Control a stop loss of 10%; if you make a mistake once, you only lose 2% of your total capital, and if you make 5 mistakes, you’ll lose 10% of your total capital. If you are right, set a take profit of over 10%, do you think you’ll get stuck? 2. How to further increase your win rate? Simply put, it's about going with the trend! In a downtrend, every rebound is a false signal to attract buyers, and in an uptrend, every drop creates a golden opportunity! You tell me, is it easier to make money by buying the dip or by catching the bottom? 3. Do not touch coins that have surged rapidly in the short term, whether mainstream or altcoins; very few coins can go through several major uptrends. The logic is that it’s difficult for a coin to continue rising after a short-term surge. When it stagnates at a high position, it will naturally decline later; it’s a simple truth, yet many still want to take a gamble. 4. You can use MACD to determine entry and exit points; if the DIF line and DEA cross upwards below the zero line, and then break above the zero line, it is a stable entry signal. When MACD forms a downward cross above the zero line, it can be seen as a signal to reduce positions. 5. I don’t know who invented the term 'averaging down,' but it has caused many retail investors to stumble and suffer huge losses! Many people keep averaging down as they lose, and the more they average down, the more they lose; this is the biggest taboo in crypto trading and can lead you to ruin. Remember, never average down when you are in loss, but rather increase your position when you are in profit. 6. The volume-price indicator is crucial; trading volume is the soul of the crypto market. Pay attention to breakout volumes at low price levels during consolidation and decisively exit when there is a volume stagnation at high price levels. 7. Only trade coins in an uptrend, as this maximizes your odds and saves time. A short-term upward trend is indicated when the 3-day line turns upward; a medium-term upward trend is indicated when the 30-day line turns upward; a major upward trend is indicated when the 84-day line turns upward; and a long-term upward trend is indicated when the 120-day moving average turns upward! 8. Persist in reviewing each trading session, check if there are any changes in your held coins, analyze whether the weekly K-line trend aligns with your judgment, and whether the direction has changed; adjust your trading strategy in a timely manner!
Why do we say beginners shouldn't play with meme coins?
Why shouldn't beginners play with meme coins? Beginners don’t know how to grab a hundredfold meme coins; meme coins may rise quickly, but they are mostly just Ponzi schemes. By the time you realize this meme coin, it has already begun its path to zero! Why shouldn't beginners play with contracts? Because you don’t understand what take profit and stop loss mean, or what liquidation means; without a complete trading system, absolutely do not open leverage on contracts! Why can't you exploit airdrops? I've also exploited airdrops, but I absolutely do not recommend beginners to do so! Because as a newcomer, you don’t understand on-chain operations, don’t know what layer 2 is, what cross-chain is, or what multi-signature is. If you recklessly exploit airdrops without experience and casually authorize your wallet, your coins are very likely to be stolen by hackers, which is not worth the risk!
You can’t become rich just by entering the cryptocurrency world, only you can become rich by yourself.
When you are short of money, you are too eager to get rich quickly. It is very difficult to make a profit with this mentality, because if you double your 50,000, you will only make 50,000, which is not enough. In fact, doubling your money in two years is already very impressive, so you should accumulate the principal first. I don't have any method to make money from 50,000 to 1 million, but I have experience in making money from 300,000 to tens of millions, so I should have some say on this issue. I have been trading cryptocurrencies for 10 years. From a 90% loss when I started with 300,000 yuan to now supporting my family with stable profits, it is because I have learned the rules I share today after 10 years of trading cryptocurrencies. Today, I share them with the right people without reservation. Even a novice in the stock market can understand them. It is worth your likes and collection!