I have been in the cryptocurrency industry for 10 years. I lost more than 700,000 yuan in the first three years with my 1 million yuan capital! Do you know how devastated I was? The money I bought for the apartment at that time has now increased by many times! Afterwards, I reflected for a long time and decided to start over. I was really unwilling to accept it. In the fourth year, I started over with the remaining 300,000 yuan, slowly accumulating my own income, and slowly I could get a stable income every year!
Now I have used the remaining 300,000 yuan to make more than 34 million yuan, which is completely stable income. Over the years, I have also summarized 10 iron rules that must be implemented and a set of my own cryptocurrency trading methods, which I will share with you today!
I sincerely hope that friends who are confused in the cryptocurrency circle can absorb this information and take fewer detours, otherwise the cost of hitting a wall is very high!
Today I will give you some useful information. It is short, but every word is heart-touching. You will also have an epiphany after reading it!
Let's think about this question first. Does such a powerful banker have any weaknesses for retail investors?
Yes, this weakness is the dealer’s throat, and what we have to do is to hit the target with one strike.
When a banker sneaks into a currency pair and starts to collect chips, then this currency pair will most likely not hit a new low, and you will know: Oh, this banker has started to sneak in. Individual sporadic events that hit a new low will also quickly pull back. When the main force has collected enough chips, one thing the main force has to do is to start raising the price. Even if a large number of retail investors get on board at this time, the banker has to raise the price because he has enough chips. At this time, what we have to do is to catch this wave of free ride and eat meat and drink soup.
The previous bottom-picking position was precisely inserted at the dealer's position: the throat.
So when does the trend begin? When a currency pair no longer hits a new low, it means that the dealer has come in, which means the upward trend has begun. This is the trend.
Remember, once the trend starts, every decline is an entry opportunity that should not be missed.
There will be many retail investors following the market during the rise. The purpose of the decline is to clean up the market. However, the reality is that you often chase the high point when the market rises, and you can't stand the loss at the low point when the market is cleaned up. Pull out your trading records and take a look. It is ridiculous to think about it carefully. Remember, every decline in the upward trend is a wash, just a wash. Don't think that every decline is not good, it will fall through, it will return to zero, it will be delisted, it is just a wash. Washing is at best a fake move. What are you afraid of a fake move? Even if you don't know which point to buy or sell, as long as you have this concept in your mind, you have surpassed 80% of retail investors. At least the K-line has a big framework in your eyes. As long as there is a big framework, you have a bottom line in your heart, and the rest is patience. Someone said that this is because the K-line chart has come out, you can naturally draw it like this. How do you know if it hasn't come out?
Don't be stubborn, don't get stuck in a rut, think about the logic of this process!
Some people say that I entered at the throat and I also entered when the market was falling, but how do I judge which place is the top and when should I exit?
As the saying goes, those who know how to buy are apprentices, and those who know how to sell are masters. In order to prevent you from seeing that he is running away, the dealer often does it very obscurely, so running away is more difficult than bottom fishing. The fact is that as a retail investor, if you happen to be at the high point, it is your luck. It is impossible to eat the whole fish from the head to the tail. Eating a section is enough for you to digest. You can only run away before the dealer runs away to get the money. As for how to judge whether it is the head, one is to look at the volume, and the other is to see whether the price of the currency will reach a new high. This will be put in a later article to talk about how to judge the dealer's head.
The aforementioned strategy logic also includes an ultimate trick: inserting a pin
Among these methods of washing the market, I particularly like the insertion of pins, especially the insertion of large pins. I often get excited instinctively when I see this kind of insertion. Because I know exactly what the main force wants to do at this time. I call this kind of pattern a slingshot: the tighter the slingshot is pulled back, the farther it will shoot. So is the insertion of pins scary? Not scary, it's even a little cute, but the premise is that it is in an upward trend.
Conversely, by the same logic, when the price of the currency reaches two or even three times the profit, the profit in the currency circle can even reach ten or a hundred times.
It is no exaggeration to say that even if you can get 50% in this process, you are already standing at the top of the pyramid of retail investors.
Once the price stops reaching new highs, be careful. Remember these 12 words.
Next, once an avalanche occurs and everything is shattered, every rise is an opportunity to escape. Don't expect it to rise a little more and don't hesitate, otherwise you will be trapped for eternity.
There is an extremely dangerous operation in this: betting on a rebound. The return is not high but the risk is extremely high. It is not worth the loss. If the stock suddenly drops after being sideways, it must be a small drop, and it will rise after the drop. If the stock suddenly rises after being sideways, it must be a small rise, and it will fall after rising.
Sideways trading is a state of bottom-up accumulation of chips. There is a question here that has not been mentioned before. Why do bankers like sideways trading when absorbing chips? When bankers start to take over positions at the bottom, due to continuous purchase of chips, the market purchasing power increases, and the chips decrease accordingly, then price increases are also an inevitable result.
So when the banker enters the market, the price will no longer hit a new low. This sentence is very important. Why do they choose the sideways trading mode to absorb funds?
The sideways price fluctuates little, and retail investors will automatically exit the market if they do not make any profit for a long time, making it convenient for them to quietly pick up cheap chips at the bottom.
Even if I tell you that these chips are very cheap and you hold them for a year without any return, can you bear it? Few retail investors can bear it.
There are some short-term traders or hot money in the market. In order to prevent these short-term traders from having the opportunity to speculate, sideways trading is the most powerful defense. Without huge fluctuations, it is difficult to attract the attention of retail investors. Often by the time you notice it, the price has reached the ceiling. These are the advantages of sideways trading. After a period of sideways trading, the dealer has obtained a certain amount of chips, and the sideways trading pattern will begin to turn into an oscillation mode, that is, it fluctuates up and down. The purpose is to shake out those unsteady chips. When those unsteady chips are collected, the dealer's chips have also reached the collection target, and the next step is to rise.
So after sideways trading, there will be fluctuations. If it fluctuates downward, it cannot be a big drop. Falling below the dealer's cost price will be a major accident. Therefore, if it suddenly falls sideways, it must be a small drop. The purpose is to shake out the unsteady chips.
vice versa.
If the stock price goes sideways for a period of time and then suddenly rises, it means that a signal of a shock cleanup has been initiated. If it goes up directly without shock, it is illogical (unless it is hot money that takes a shot and runs away). The chips are in the hands of every holder, and the amount that flows naturally every day is simply not enough. Only shocks can stir the market, speed up the circulation of chips, and achieve the purpose of rapid collection.
Even if it goes up, it must fluctuate while going up. On the one hand, it is to shake out the followers, and on the other hand, it is to sell high and buy low.
Of course, some bookmakers will also adopt the pattern of first shock and then sideways trading, and the purpose is the same.
The sideways movement is to quietly collect chips, and the oscillation is to further collect unsteady chips.
In fact, sideways trading and oscillation are mutually inclusive. Regular oscillation within a box also belongs to sideways trading. It is impossible to go sideways without an absolute sideways root line, so the concept of sideways trading is broad.
If you are still confused, why not click on the avatar and try it!
