The core of making money in the crypto space can be summarized in these two articles:
How I bought in at the bottom and how I plan to take profits -
1. Regarding the top-fishing path: six-point principle -
If we are officially entering a bull market phase now, I particularly recommend everyone to save and discuss the article I wrote in August 2023 below:
[How to achieve an excellent exit| Recommended for saving, essential for a bull market]
https://x.com/BTW0205/status/1537614958930055168
Knowing how to buy is for apprentices, knowing how to sell is for masters; analyzing the bottom is relatively simple, especially after we clarify the cyclical patterns; however, reaching the top requires enough courage, action, desire, overcoming ability, and even a sense of dullness!
"Exiting at the top" is the most crucial step in the entire investment process. In any bull market's peak area, almost 100% of investors are in profit, but in the extremely short period when a "crazy bull" turns into a "crazy bear," only 10% of people can take profits and become winners.
I strongly recommend that everyone save this article; I summarized the six-point principle from having experienced three rounds of bull and bear markets;
I believe that friends who understand this will definitely gain infinite value; understanding "exiting at the top" and learning how to do it are essential to truly making enough money in the market!
2. Regarding bottom-fishing paths: two dimensions -
If you are interested, you can take a look at my bottom-fishing path, which can serve as a reference for future cycles. The market is changing, but the cycles generally do not change much because they are governed by laws -
1️⃣ My first time node -
In June 2022, I started buying Bitcoin and wrote this article: [Must-read for investors: The true logic of today's world: Interest rate hikes are temporary; quantitative easing is eternal]
https://x.com/BTW0205/status/1537614958930055168
I urge everyone to boldly buy Bitcoin at $20,000;
2️⃣ My second time node -
In August 2023, when Bitcoin fell to $25,000, I wrote this article [Why I have infinite bullets and can continuously buy BTC during the decline]
https://x.com/BTW0205/status/1694574871546855559
I clarified the two dimensions of my buying process -
Core principle: controllable range, relative bottom;
The core idea involves two dimensions: space + time.
In this round of market fluctuations, I adhere to the buying principle during the decline process, choosing to increase my position between 16000-28000 and 48000-60000, and I have been sharing my insights on increasing positions with everyone;
What you see as my infinite bullets is actually the result of reasonable planning and strict execution of guidelines and strategies, not just waiting after going all in. It's not that difficult to accumulate enough wealth in this circle; only by holding enough and inexpensive chips at the end of a bear market can one reap significant rewards in the upcoming bull market.
Many people understand this principle, but I am genuinely executing it. The unity of knowledge and action is a very important topic, especially for medium to long-term investments.
