The biggest illusion is You think making money is easy, but in fact, 99% of people lose money. You think making money is complicated, but in fact, 99% of people can do it. Those who make big money in the crypto market rely on compound interest, like mining and holding coins. Eight out of the top ten rich people in the crypto space are miners. Two run exchanges. There are no big shots who became wealthy through trading on the leaderboard. I haven't seen any of them in reality. I heard of someone turning 500 USDT into 1 million, and 5000 USDT into 100 million. From 1000 yuan to 1 billion. It's everywhere on the internet. In reality, I haven't seen a single one.
How much did you charge when you first entered the cryptocurrency circle?
Most people will just top up 1,000 yuan to play around. Later it rose to 3,000. I thought it was amazing and bought another 20,000. In the end, I found that 20,000 became 200,000. I feel so awesome, I wish I had invested 2 million Some people just buy 10,000 for fun. In the end, it went up and down. I lost 5,000 yuan and sold it. I feel like this thing is a huge pit and cannot be played. If you don’t have the right understanding, it will be useless no matter how much you charge. If you have the knowledge, you can start with 50,000 or 100,000 yuan. They can all become big things. The money made in the cryptocurrency world is the difference in perception. When you buy a target, you have to ask yourself, why do I buy it?
In the cryptocurrency world, without a strong heart, you are destined to be a vegetable for life...
This round of the cryptocurrency bull market is polarized, with extreme differences. On one side is Bitcoin soaring, already reaching $100,000 per coin. Could you have imagined that Bitcoin, once labeled a Ponzi scheme, is now $100,000 per coin! Leaving ordinary people in the dust. On one side is the unbearable suffering of the altcoin market. Many people think that in a bull market, all they need to do is buy good coins and hold them. They may not know what to buy and just blindly purchase Ethereum, thinking that when altcoins explode, they will become rich overnight. In fact, in this bull market so far, ordinary retail investors are hardly making any profit. All conventional understanding is being shattered. When you think you have mastered the industry rules, the rules have already changed.
Expected targets: 88,000 Bitcoin and 2,800 Ethereum!!!
So what I want to say is if you don't know how to position yourself in the current market, simply follow the crowd without understanding how to plan your own positions, then come to me. Wuchang will guide you to position in 'Hundred Times Coins' and seize the opportunity in the current market!!
Dao God has been navigating the market for many years, deeply understanding the opportunities and pitfalls within. If your investments are not going well and you feel dissatisfied with your losses, you can contact Dao God and leave a message in the comments with 999 Wuchang bring $BTC $ETH #哪些代币逆势上涨? #美国CPI数据即将公布
The simplest way to create millions in the cryptocurrency world; simple, easy to understand, and don't worry about not being able to learn it, suitable for everyone!
First step: Observe trends and grasp the big picture. Mastering the market pulse is the first step to profit. The overall market trend consists of three states: rising, sideways, and falling. To gain insight into these, simply gaze at the 4-hour, daily, or even weekly charts, allowing the passage of time to reveal future directions. When the market rises, follow the trend; when it falls, position yourself in the opposite direction; when it moves sideways, watch closely for changes. With a clear strategy, advance step by step. Second step: Identify key levels and position accurately. The market is like a bouncing ball, constantly jumping between rises and falls. Capturing every moment of takeoff and landing is the best timing for our entry. Look for those decisive support and resistance levels, which act like the market's ladder, guiding us step by step to victory. How to pinpoint accurately? The secret lies in past analysis and practical experience.
Below, I summarize 8 points of insights for short-term cryptocurrency trading
1. Develop a clear investment plan. If you want to engage in short-term trading, the first step is to create a clear investment strategy for yourself. You need to plan how much capital to use, what monthly returns you can expect, all based on your risk tolerance to set a goal.
2. Ensure you have enough time and energy. Day trading emphasizes the frequency of profits rather than large single profits. Cultivate your own trading principles and habits; don’t trade just for the sake of trading, and don’t feel compelled to place orders just to scratch an itch.
3. Since short-term investments typically involve frequent trading, the choice of trading platform is very important. There are two main requirements: the trading must be continuous, and the transaction fees must be low. Frequent trading incurs significant fees, so the lower the fees, the more funds you can save. Friends can choose based on their own needs.
4. When holding a profitable position, close the trade once you reach your psychological target. Don’t aim to capture the entire move. Additionally, be mindful of position size and leverage; learn to strictly manage your positions based on the leverage of the products you trade in relation to your capital.
5. Use technical indicators: There are countless technical indicators in the market, at least over a thousand, each with its own focus. It’s impossible for investors to master them all; just familiarize yourself with a few. Commonly used technical indicators include KDJ, RSI, etc.
6. Use moving averages: Short-term operations generally refer to the 5-day, 10-day, and 20-day moving averages. When the 5-day moving average crosses above the 10-day and 20-day moving averages, and the 10-day moving average crosses above the 20-day moving average, it is called a golden cross, indicating a buying opportunity. Conversely, a death cross indicates a selling opportunity.
7. Avoid making trades during rapid price fluctuations.
8. Don’t pay too much attention to other people’s analyses; everyone has different opinions. Price movements are influenced by numerous factors, and all predictions about the future are half right and half wrong. Just believe in yourself.
Dao God has been navigating the market for many years, deeply understanding the opportunities and pitfalls within. If your investments are not going well and you feel dissatisfied with your losses, you can contact V God in the comments section and leave 999 for an eternal connection.
As a newcomer to the cryptocurrency world, what should you pay attention to?
Stockholders who have just come into contact with the cryptocurrency circle are all in the secondary market. There are two major ways to play in the secondary market, and you must have a deep understanding of them: spot and contract. Note: The contract only opens big cakes or concubines If it is a small amount, or an amount that does not matter to you if you lose it, such as 10,000 yuan, which is about 1500U when converted into U. It is recommended to take out 100U of it and put it into the contract account, and then open a position with only 10% each time, 50-100 times leverage, position by position. If you don't know anything about trading, you can use this 100U based on your feelings. Whether you make a profit or a loss depends on your luck. This 100U is just to let you feel how worthless the money is.
Regarding whether Dogecoin (DOGE) can break through the $1 mark, the following is an analysis from different angles
Current Price and Resistance Level After breaking out of the short-term symmetrical triangle pattern, the price of Dogecoin started strongly, slightly exceeding $0.33, but encountered resistance at the 21-day moving average (21DMA) at $0.34. There is stronger short-term resistance in the $0.34 to $0.38 range, which comes from the lows in mid-December and the 50-day moving average (50DMA). Although Dogecoin has successfully broken through the short-term downward confinement and the upside risk of prices continues to rise, it will take some time to break through the resistance level of $0.34~0.38. Dogecoin has a solid support level at $0.26, which can be used as a bottom reference for the price. From a long-term perspective, as the cryptocurrency market continues to develop and the Dogecoin ecosystem improves, its price is likely to continue to rise. In particular, if Dogecoin can be more widely used in payment, decentralized finance (DeFi) and other fields, its price potential will be further released.
The eight major position management techniques for trading coins!!
The eight major position management techniques for trading coins 1. Each time you enter the market to trade, the loss should not exceed one-tenth of your capital. This means that when the loss reaches 10%, you must exit, as generally speaking, a 10% loss indicates that the operation was wrong, and you should decisively exit at this point. 2. Always set a stop-loss level. This is a reiteration of the previous rule, just stating that the stop-loss level does not necessarily have to be a 10% loss; it can be set appropriately, such as 5%, according to needs. 3. Never overtrade. What is meant by never overtrade is to trade in moderation. This has two meanings: A. Do not invest too much capital when the direction is unclear. B. Do not operate too frequently.
Achieving financial freedom, mastering the financial password, and achieving class leap are due to the insights gained. Here are some small tips for trading coins shared with those destined to find them, worth collecting!
Find potential coins. 1. Look for coins that have increased by more than 100% in the last two months. Some coins will show obvious signs before they are about to rise. We can compare this to real-life situations: outstanding people usually perform well in the past, while unreliable people may do some foolish things. When choosing investments, include coins that have performed strongly recently in your watchlist. In specific operations, I prefer those coins with stable price increases. It's a bit like choosing good-looking people; everyone is excellent, but we look to see who performs better.
Here are 20 investment tips I have summarized for trading Bitcoin.
In any investment market. The basic investment strategy remains consistent. However, for a complex and changing market, mastering stock investment strategies is essential. On this foundation, investors must also learn and master certain practical skills, as some investment techniques tested through extensive practice are not only philosophically meaningful but also have significant practical guidance. Here are 20 investment techniques that can help your investment journey. 1. Invest with 'idle money'. Remember, the money used for investment must be 'idle money', meaning funds that do not have urgent and specific uses at the moment. If investors use essential household expenses for investment, any losses would directly affect family livelihood. Alternatively, if one uses money that should not be invested to make a profit, the psychological state will be at a disadvantage, making it difficult to maintain an objective and calm attitude during decision-making, increasing the chances of failure in the investment market.
Nine contract survival rules that must be known for short-term trading
1. Learn to wait. Contracts are like passing the parcel. After the emotions are high, there must be adjustments. After panic, there will be a reversal. Using 20% of the opportunities, earning 80% of the profits is an irreversible law of the market. 2. Never hold a heavy position. Holding a heavy position can easily make people emotional, and a vicious cycle may arise from this. But losses are normal. The key lies in mentality and finding new opportunities. To make a profit, you must first keep your qualifications. 3. Be cautious when buying. Don't be impulsive because of a straight rise. There are many opportunities in the big market. You must judge based on comprehensive indexes and emotions. 4. Cut meat decisively. When it is not as expected, you should make a quick decision and never waste time on losses. Find new opportunities first. 5. You need to withdraw cash after making a big profit. Big profits often mean that the market is frenzy and adjustments are coming. Timely withdrawals can clear the frenzy and add color to life. 6. Respect the market and don't judge the market based on subjective assumptions. There is no need to *guard the direction that funds have not chosen. Investing in the direction recognized by the market is the right way. 7. No relay after climax The market has reached its climax, the passing game is about to end#, who is willing to take over the next day? 8. Try not to trade in the afternoon The short-term situation in the morning is clear, and you should have made a move when it is time to make a move. Streamline transactions and avoid unnecessary entanglement. 9. Insist on reflection and summary Failure is not terrible, but it is terrible to gain nothing. Let each failure become the basis of success, so that you can go further and further. The insider currency that has been deployed recently is also about to start! ! It is not convenient to disclose here! ! There is still some space in the comment area to leave 999 on the bus! ! Impermanence, impermanence, impermanence! ! $ETH $BTC $SOL #灰度SUI信托基金 #市场调整後的机会? #比特币战略储备
What should novices pay attention to when entering the crypto world?
Don't think about getting rich overnight: This is not paradise; this is a casino. The temptation of the crypto world is everywhere: Someone bought Bitcoin years ago and is now financially free; a 'new project' just launched, and the returns multiplied tenfold. But the truth is: 99% of people only see others' glory and not the shadow of their own harvesting. The fantasy of getting rich quickly = actively courting death: Every time someone shouts 'hundredfold coins', ask yourself, why did the news reach your novice ears first? Greed is the best friend of the scythe: Wealth growth in the crypto world is for the few, while the majority end up losing more the harder they chase.
Why does no one doubt that the creator of Bitcoin, "Satoshi Nakamoto", is Jensen Huang, the founder of NVIDIA?
The first step to making money in the crypto world is to correctly understand the world. Do not entertain any conspiracy theories. For example, many people say that Bitcoin was invented by the United States to harvest us. Bitcoin is just a conspiracy Ponzi scheme. Conspiracy theories have a big market. Most illogical people believe in conspiracy theories. They believe that when the market goes up or down, there must be someone manipulating it behind the scenes; they just cannot accept the facts. Living in a world of conspiracy theories and believing them can be very dangerous. Because your worldview is completely controlled by others, you cannot stand on your own reality to explore any issues. This is a manifestation of a lack of self-capability and insufficient logical training. Moreover, making money does not require worrying about so many other things; you only need to focus on how to earn a little more off the market, When to let your coins increase a little, focusing on this is the most important thing. If you still do not understand the crypto world, that is okay; you can slowly start to learn.
If you truly think you are a novice, don't understand, and don't engage, only doing what you really know, then I tell you, you will definitely make money. If you are indeed a novice but feel like you are not, not knowing what you don't know, feeling like you understand but don't, then I tell you, you will definitely lose money. Most people are the second type of novice, wanting to try everything, knowing a little about everything, but actually understanding nothing. Their goal is unified: to get rich quickly, and their knowledge is not systematized. They rely on fragmented information to understand themselves, and when they lose money, they always feel like it's just bad luck. They always think, 'If only it were like this, next time it will definitely be like this.'
Why do some people say that Bitcoin can rise to 1 million per coin?
If you are talking about the RMB, then we will see the next bull market. Most likely in the second half of 2025. You will definitely be surprised why something that seems useless can increase so much. You can never imagine what it is used for and why so many people would want to have it. It's normal that you don't understand. It's completely human nature not to comprehend, to hate, reject and resist. You are just a product of traditional cultural worldview. Of course, you will judge everything based on the values shaped by traditional culture. This is the education you should receive: Hard work leads to wealth, and labor is glorious.
If I bought a pancake worth 10,000 yuan ten years ago, what would happen to me now?
This is a good idea, so let's assume that you bought Bitcoin 10 years ago for 10,000 yuan, and the price was 400 yuan per bitcoin at that time. You can buy 25 bitcoins. The peak value was 10.75 million RMB, and now it is 5.25 million RMB. If you can really get what you have today, I can say with certainty that you are definitely not an ordinary person, and you must have a net worth of nearly 1 billion. Because it is impossible for you to not buy coins in the past 10 years, and it is unlikely that you will always buy 25 coins. Buying coins is addictive. Once you have enjoyed this money-making experience, you can’t go back. You can’t leave the cryptocurrency world for the rest of your life.
Let's talk about how much money we've lost in crypto trading. I currently have a debt of 500,000.
Making money in crypto is hard. I know many people come to trade crypto because they are attracted by those around them who got rich, but they all forget to ask those who lost money. Seeing others getting rich makes you envious, so you want to try to see if you can make a little money too. Of course, everyone thinks they are special, unique, and smart, believing they can make money by doing it themselves. So they cautiously enter the crypto world to make money. In the end, this asset was swapped for that one, learned this technique and that one, switched from this group to that group.
How about working in the cryptocurrency industry full-time?
There is nothing wrong with working in the cryptocurrency industry full-time. The cryptocurrency industry is like Taobao back then. It is now a blue ocean market because no one recognizes it. If you develop in this industry, as long as you have enough knowledge and you can persist, you will definitely make money. 5,000 a month is enough to maintain a basic life. I think there is no problem at all. Let me first talk about several ways to make money in the cryptocurrency world. The first is to hoard coins, hoard in bear markets and sell in bull markets. Ordinary people with no background who have made a fortune in the cryptocurrency circle have made money this way. It does not consume attention or time. You can do other things while hoarding coins. The disadvantage is that you need to wait and have a sufficient amount of principal.