In the crypto circle, all methods and strategies are techniques, such as contract hedging, spot building positions, grid trading, etc.!
Using diligence in 'techniques' to cover laziness in 'principles' is not feasible.
You just need to buy low-priced chips and sell when you think the price is high. Never think about the highest price; I usually don't profit from the last coin.
Method 1: High-quality spot trading
Although most of the profits from the spot I hold have returned to the cost line, and a few have lost within 20%, I am not at all flustered deep down. I believe it can't drop much more because the past 20 days of consolidation have almost washed out the previous rounds of declines while digesting the bad news and achieving the goal of reducing high leverage. The repeated declines have digested the bad news while achieving the goal of reducing high leverage.
Moreover, every time it drops to around 92,000, it rebounds strongly, indicating that there is relatively strong support below. Compared to a month later, the best price might just be now. I predict that the market will be highly volatile in January and there will be 1-2 tokens that surge sharply.
Method 2: Primary market
This requires you to have a certain amount of funds and technology; it is best for beginners to learn before participating. Following the steps of institutions on how to find reliable projects in the primary market requires professional investment research capabilities. You should at least know how to analyze the project's operators, investors, and user numbers. 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 on Binance Launchpad or various projects on SOL to strive for early investment opportunities. Although these projects carry higher risks, if you choose the right project, the returns can also be considerable.
Basic iron rules for old players in the crypto circle!!!
Iron rules for trading: operate steadily and walk towards financial freedom.
Pursuing full-time trading and achieving a dual leap in family and wealth? Remember the following essentials to help you move forward steadily! Emotion management: calmly face market fluctuations, anticipate multiple possibilities in advance, avoid emotional decision-making, and miss good opportunities or fall into losses. Small-scale trial: when first entering the market, it's 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 desire for quick success, trading decisions should be decoupled from personal emotions, follow the market trend, and reduce the risks brought by subjective assumptions.
Embrace failure: view failure as a stepping stone for growth, summarize each trading experience in detail, continually improve investment capabilities, and pave the way for future success. Rest at appropriate times: avoid over-trading, and timely observation can help you judge market trends more calmly, reduce errors in decision-making, and increase profitability.
Reasonable stop-loss: set clear stop-loss points, balance risk and reward, ensure losses are controllable, and avoid small losses leading to bigger ones that miss out on greater profit opportunities.
Independence: stick to your own judgment, do not blindly follow others' opinions. The market has its logic; trust your own analysis and adjust trading strategies flexibly.
Precise market entry: seize opportunities at key breakout points, trade decisively, especially for ultra-short-term operations. Timing of market entry is crucial. Steady position increase: when profitable, be cautious about increasing positions, gradually reduce the amount of additional orders, control overall risk, and ensure steady growth of profits. Quick stop-loss: once you find that the market trend is contrary to expectations, immediately take measures to stop-loss to avoid further losses and reserve capital for recovery. Let profits run: when the market trend is clear, hold positions and wait for the rise, avoid selling for small profits, and pursue long-term gains.
Don't be greedy for huge profits: once huge profits are realized, first think about closing positions, then investigate the reasons to prevent reversals in the market.
Flexible short-selling: seize the opportunity to short when prices are high. Commodity markets often fall faster than they rise, so trade flexibly to increase profit channels. Flexible market entry: don't get too caught up in finding the best entry point; relax conditions appropriately to ensure transactions are completed and capture more profit opportunities. Control positions: don't hold too heavily, allocate funds reasonably, reduce psychological pressure, and lessen the impact of market volatility on funds.
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 can still be trapped and lose money in this kind of market, comment with 333, no long stories!
