$BTC 🔥The first bucket of gold earned from trading cryptocurrencies was used to buy a house in Shanghai!
Starting with a capital of 60,000, through continuous operations, it eventually rose to 24 million. This method helped me achieve wealth appreciation.
1. Understanding how to buy coins is key
a. Regardless of the market, keep most of your positions in BTC and ETH, and use the remaining funds to seize some big opportunities;
b. When the market corrects, choose some cheap and promising altcoins to buy and wait for market recovery;
c. In a bull market, participate in hot fields (such as AI, GameFi, etc.), and take profits in time after earning a certain amount, then transfer to BTC and ETH.
2. Selling coins requires skill
Selling skills are very important. Two common selling methods:
• Target Profit Method: Set a profit target and sell once it’s reached;
• Technical Profit Method: Observe MACD and moving averages, and sell promptly when you see the market might decline.
3. Holding cash is the wisdom of experts
In a bull market, hold your coins; in a bear market, stay in cash and wait for the best buying opportunity. While being in cash may be boring, it helps you avoid losses and seize low points to enter the market.
4. Observing while holding cash, maintain patience
In an unstable market, stay in cash and wait for opportunities. Although watching others make money can tempt you, being patient while holding cash can allow you to pick up bargains during major drops.
5. Buy and sell correctly to earn more
From 60,000 to 24 million, the key is precise buying and selling timing. Holding mainstream coins and flexibly operating other opportunities can help you steadily profit.
6. Learn to take profits and avoid greed
Using technical analysis and setting target prices can help you sell in time, avoiding losses caused by market volatility.
7. Master cash holding skills, patiently wait for good opportunities
The highest state is to hold cash and patiently wait for market corrections, so you can achieve the maximum return at low points.
8. Taking profits is more important than cutting losses
Set target selling times and avoid excessive greed. Reasonable profit-taking can ensure you maximize your earnings.
9. Don’t chase highs, know when to stop
The most important thing in investing is to be content; sell at the right time to avoid the risks brought by market fluctuations.
In addition, I am recently laying out a potential project with a target of more than 5 times, and the expected increase is likely to exceed 10 times. If you are interested, you can follow Marvin on the Ethereum chain.
#CryptoMarketRebound #BitcoinTrendsObservation #AIAgentTrend #16thAnniversaryOfBitcoin #Marvin $BTC
