Cryptocurrency Withdrawal Guide: How to Safely Transfer 10 Million? The Most Practical Strategy
#DeFi全线飙升 In the cryptocurrency world, how to ensure safety and convenience when making large withdrawals? Here are detailed and efficient withdrawal steps to make your fund transfer safer and more secure. Step 1: Register an offshore company To successfully withdraw funds, you first need a legitimate offshore company account. You can obtain a registration for an American or British company through Taobao's agency service for about 2000 RMB, and complete the registration within Thursday. If you are overseas, the process is simpler. If you are in China, you can also register through dedicated websites, but it requires a passport scan, with fees usually in the tens of dollars and a timeframe of about a week.
Trying to make money in this circle is like snatching food from a tiger's mouth, and you will get blood all over your body. So if you make money, don't invest it anymore, take the money out, and remember that only the money in your hands is the real money. If you still want to play in the currency circle, stay away from contracts. You can win 9 times with contracts, but as long as you lose once, you will lose everything. Of course, many people say that contracts are just tools, and the important thing is the people who use them. Unfortunately, those who want to use contracts are all gamblers, so the end result is a liquidation. If you keep losing money now and don't know what to do, you can click me to follow, click my avatar to find me at any time, and all the contract spot gameplay is shared. Just to increase fans
What is sophistication: 1. Do not inquire about gatherings you were not invited to. 2. Act as if you are unaware of matters that you were not informed about. 3. When someone asks for your last name, do not say 'no need to be polite'; just say it directly. 4. For sales, look for those who are bold; for finance, look for those who are cautious. 5. When dealing with petty people, the more insincere, the better; do not sever ties but do not invest your true feelings. 6. If someone speaks ill of others in front of you, do not agree; smile and remain neutral to avoid getting involved in disputes. 7. The next collaboration means there is no opportunity; it is a euphemistic refusal. 8. If someone asks you for help, help if you can, but do not take on too much; if it doesn't go well, it is easy to be blamed. 9. When encountering someone who likes to show off, do not expose them; just listen quietly, or it could lead to enmity. 10. When a leader criticizes you, do not retort; listen first, and wait for the leader to calm down before finding the right moment to explain. 11. When chatting with people, listen more and speak less; do not easily express extreme opinions. 12. When you see someone make a fool of themselves, do not laugh; pretend you didn't see it and give them face. As a seasoned investor in the cryptocurrency space, I share my experiences and insights for free. Interested in cryptocurrency but don't know where to start? Follow me to see my insights and help you achieve freedom in this bull market.
General leek operation process: 1. Bought some at a low price, sold after making a profit. 2. Continued to rise, bought more, sold again after making a profit. 3. Why is it still rising? Damn, went all in, and then it started to drop. Does it look familiar?
Cherish the chips at a low position. As a seasoned cryptocurrency investor, I share my experiences and insights for free. Interested in the crypto world but don’t know where to start? Follow me to see my updates, and I will guide you to achieve freedom in this bull market.
Many people say that the cryptocurrency world has completely changed and are disappointed with its current state. In fact, it is the iteration and development of the cryptocurrency world:
1️⃣ The pace has become faster: the market that used to take three months to complete is now completed within three days.
2️⃣ The frequency has increased: in the past few months, a golden dog with a market value of over 100 million yuan was released, and now sometimes several speed passes with a market value of hundreds of millions are released in a week.
3️⃣ The difficulty has increased: P young players are all armed to the teeth, but now they cannot skillfully use various monitoring and tools, have no first-hand information sources, have slow analysis capabilities, and do not sit in front of the computer. If you rush in, you can only be confiscated and become the liquidity of the market.
4️⃣ There are more opportunities: In the past, there were one or two mainstream narratives in the cryptocurrency world in a cycle, and new hot spots such as Defi and NFT could affect a cycle; but now AI+Web3, celebrity meme and other new sectors may rotate several times in three months. In fact, there are many more angles and opportunities to grasp, which is worth it for P young players to sit every day. As a senior cryptocurrency investor, I share my experience and insights for free. Interested in the cryptocurrency world but don’t know where to start? Follow me and watch me cook. I will help you achieve freedom in this bull market.
Experience in the cryptocurrency world, good at medium-term strategies, trading segments, and sharing valuable insights.
Change your mindset, and things will go smoothly. When faced with the same situation, having a different mindset can lead to vastly different outcomes. Mindset determines state; learn to change your mindset, stay optimistic, and view everything as the best arrangement. Only in this way can you find opportunities in difficulties, see the dawn after darkness, and open a new chapter in circumstances. As the saying goes: 'Things change with the mind, and the environment is created by the heart.' What often determines the outcome of matters is a person's mindset. If you enjoy contracts, like to analyze charts, and study techniques, click on the avatar. With years of experience and skills in the crypto world, I share them freely. I’m waiting for you in the circle, always online, welcome to discuss and progress together.
Essential Knowledge for Beginners in Cryptocurrency 1. If you have time to monitor the market, do not set stop-loss or take-profit orders. This is to prevent minor fluctuations from triggering stop-loss prices and causing forced liquidation, which can affect greater profits. If you don’t have time to watch, you must set these to avoid significant losses, even going to zero. 2. The purpose of trading is to withdraw profits. Regularly transfer a portion of your profits to your fund account or withdraw them. Human desire is endless; after making a profit, one wants to make even more, ultimately reinvesting everything into the market and losing it all (from my personal experience). Additionally, if you experience consecutive losses, do not recharge funds; maintain a good mindset. 3. For short-term trading, look at the one-hour candlestick chart. Buy on the second-level price rise and sell on the second-level price drop. When encountering sideways movement, if you cannot clearly determine the future trend, check the four-hour and daily candlestick charts to decide whether to go long or short. Also, set your take-profit and stop-loss orders properly. As a seasoned cryptocurrency investor, I freely share my experiences and insights. Interested in the cryptocurrency world but don’t know where to start? Follow me, and watch me cook the leaves, guiding you to achieve freedom in this bull market.
Unveiling the Truth Behind Cryptocurrency Losses - Teach You How to Outsmart the Big Whales!
Did you know? In the world of cryptocurrency, 90% of the losses are actually 'played' out by those big whales! These big players easily earn millions of dollars by quietly buying in, driving up prices, and then selling at high prices. But don’t worry, as long as you have the right tricks, you can avoid their traps and even make a fortune!
The big whales have their strategies: First, quietly stock up, then drive up the price: they will secretly buy a lot of coins before the price skyrockets.
After stocking up, they continue to drive the price up: once the price is high, they will continue to buy, pushing the price even higher.
Sell at high prices, retail investors take over: once the price reaches a certain level, they will start selling, letting retail investors take their shares.
Sell again to maximize profits: they will come in for another round of selling, raking in profits.
Manipulate prices, toy with retail investors: they will also move the prices up and down within a certain range, leaving retail investors confused, who ultimately have to comply.
To avoid being toyed with by the big whales, you need to pay attention to these signals: Sudden price spikes and drops: if the price suddenly soars and then collapses quickly, it’s likely a trap set by the big whales.
Price imbalances: during price fluctuations, if the price seems off, it could be a sign of an upcoming correction.
False signals: the big whales may also deliberately release misleading buy and sell signals, so don’t fall for it!
So, how can you outsmart the big whales? You need to keep an eye on key price support and resistance levels, and see how the price moves near these positions.
When the price is dropping, don’t rush to sell; it might be the big whales trying to scare you out of the market.
You must stay alert at all times, understand the strategies of the big whales, and use wisdom and strategy to defeat them! As an experienced cryptocurrency investor, I’m sharing my insights and experiences for free. Interested in the cryptocurrency space but don’t know where to start? Follow me to see my insights, and I’ll guide you to achieve freedom in this bull market.
Must-read for retail investors! An in-depth analysis of the survival rules in the trading market
Trading, to put it simply, is buying and selling things, but in the cryptocurrency world, this buying and selling can be thrilling, with high risks and plenty of opportunities. Retail investors, don’t lose heart; as long as you understand the industry, there is still a way forward!
I have been trading cryptocurrencies for ten years, and after going from losses to gains, I have summarized ten hard truths to remind all retail investors! If you want to last long in the cryptocurrency world, take a good look at my heartfelt advice, especially for beginners, so you can navigate the market successfully!
The cryptocurrency market is like a roller coaster, sometimes soaring high and sometimes plunging low; beginners need to be careful. Those coins that are extremely popular in bull markets can drop just as quickly, like a balloon that bursts when blown too big. Don’t blindly follow trends; it’s easy to become a “bag holder.”
Altcoins have similar tricks; first, they scare you, then they shoot you up, and finally, they cut your profits. Be cautious with such coins; don’t let short-term gains cloud your judgment.
Although the cryptocurrency market has significant short-term fluctuations, it is still upward in the long run. Mainstream coins like Bitcoin and Ethereum have historically proven this. If you want to invest for the long term, don’t rush; patiently hold good assets, and time will reward you with profits.
Truly promising coins are often very low-key, not actively traded. Those that are hyped up are mostly used by manipulators to profit at your expense. Pay more attention to coins that have good technology and reliable teams but haven’t been heavily speculated; they could be the dark horses of the future.
Newly launched coins, especially those with extreme price fluctuations, should be approached with caution; they are mostly traps set by manipulators. Such coins lack value support and are purely for profit-taking.
Price fluctuations are common in the cryptocurrency market. Prices may drop after you buy, or rise after you sell; don’t panic. Maintain a good mindset, develop a strategy, and stick to it strictly.
The coins that rebound the strongest are not necessarily the ones with potential; they might just be speculative. Truly promising coins have stable fluctuations and show long-term upward trends.
If the coin you bought has risen for a while and suddenly corrects, it might be the manipulators cashing out. In such cases, take profits or cut losses in a timely manner; don’t be the naive one.
In a bull market, coins that are average initially might explode later on. Such coins are like marathon runners who build endurance and then sprint; don’t underestimate coins that are initially mediocre but have good fundamentals; they might be the dark horses.
Some coins may rise several times and then consolidate for several months; this consolidation is mostly where manipulators are building momentum for an opportunity to explode. Keep an eye on coins that have been consolidating for a long time; they could be the main players in the next market cycle.
A little advice for beginners: Why does the market go up when you buy, and even drop?
Many people have a feeling that the market seems to be working against them. Just when you want to buy, it drops, which is truly frustrating. In fact, the market is not targeting you; you may just not be in tune with the rhythm. Here are a few reasons I think might explain this:
You might be buying at a high point. The market is like a wave, sometimes going up and sometimes going down. If you happen to buy at the peak, then of course you have to wait for it to drop.
You don't analyze the market enough. Seeing a bunch of green lines and rushing to buy is not the way to go. Although I’m not great at reading complicated charts either, experience tells me not to act impulsively. The market is unpredictable, and theories often can't keep up with its pace.
You might be misreading the trend. Sometimes, when the market is clearly falling, you might think it’s about to rebound. As a result, when you buy, it continues to drop, making you panic and stop-loss, falling right into the trap of those 'veterans'.
You are too greedy. Always thinking about buying at the lowest point to make the most money. But the market doesn’t always comply; it constantly fluctuates.
You are too impatient. Before making a decision, you need to observe and take your time. It’s better to earn a little less than to make a wrong decision out of impatience. As an experienced cryptocurrency investor, I share my insights and experiences for free. Interested in the crypto space but don’t know where to start? Follow me to see my insights and guide you to achieve freedom in this bull market.
Bottom fishing has risks, investment requires caution: Teaching you how to safely bottom fish!
Let's talk about 'bottom fishing'
'Bottom fishing' means buying when prices are low, hoping they will rise again. This idea sounds great, but if the drop is just the beginning of a major decline, it can be disastrous.
Common mistakes traders make Thinking that after a drop, prices must rebound When prices drop, they might bounce a little, and many people think they will rise again, but this is often temporary. If the decline is real, buying too early can lead to losses.
Going with feelings When scared or excited, it's easy to make impulsive buys. Seeing prices rise slightly can make one fear missing out, resulting in buying at a high point, only for prices to drop again.
No plan leads to chaos Buying without a plan can lead to mistakes. Having a plan helps you know when to buy, when to sell, and when to wait, making it more reliable.
How to respond to market corrections Do more research Find out why prices are falling, and whether the market is really about to rebound. Don't just listen to others or rely on feelings.
Control risks Use tools like stop-loss orders to minimize losses. Don't put all your money in one basket; diversifying investments is safer.
Stay calm and don't panic Don't rush to buy when prices are falling. Wait and see if the market stabilizes and if there are signs of a rebound.
Finally, let's talk about 'Bottom fishing' requires understanding. You need to know the difference between a small rebound and a big rebound. Discipline is necessary; make decisions based on facts, and don't let fear or greed drive you. This way, you can minimize losses and seize opportunities. As a seasoned cryptocurrency investor, I share my experiences and insights for free. Interested in the crypto world but don't know where to start? Follow me to see my insights and help you achieve freedom in this bull market.
From a technical perspective, the daily chart has been consolidating for nearly ten days, with the Bollinger Bands slightly narrowing. The price is being resisted at the middle band, the KDJ three lines have crossed upwards and diverged multiple times, and the MACD double lines are turning upwards from a low position. Volume has significantly decreased. Although there are signs of a price stop, the selling pressure is too high, hindering upward movement! Looking at the four-hour chart, the Bollinger Bands have slightly opened again after narrowing. The price broke through the upper band in the early morning and is currently running near this upper band. The KDJ three lines are turning down, and the MACD also shows signs of turning down. The bullish trend clearly lacks strength, and there is still a risk of a pullback in the short term. The market changes rapidly, and the above thoughts are for reference only and do not constitute investment advice.
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General Chives Operation Process: 1. Bought a bit at a low position, made some profit and sold 2. Continued to rise, bought a bit more, made some profit and sold again 3. Why is it still rising? Damn, heavily invested, and now it starts to drop. Does it look familiar?
Cherish the chips at low positions, come on, let's see how today goes
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We, the seasoned investors, find that our experiences from past bull markets have now become obstacles!
The previous cycles taught us that as long as we bought some altcoins in the early stages of a bull market, we could ultimately achieve returns that surpass BTC. However, now the experiences from past cycles have become hindrances.
This cycle is entirely a trader's market, more favorable to sellers rather than long-term value holders.
Many people have made profits through HYPE airdrops and by quickly seizing top news to catch major opportunities, gaining the biggest profits in this cycle.
The market narrative of this cycle generally has a shorter lifespan and lacks sufficiently convincing themes.
Moreover, institutional investors are smarter now than before; they better understand how to quickly make money by utilizing news to harvest gains during wide fluctuations.
The local bubbles in altcoins this cycle have not been blown to extremes like in the past. BTC has welcomed new buyers, while most altcoins have not.
The differentiation between Bitcoin and other crypto assets has never been more apparent than it is now. In comparison, altcoins are harder to compete with BTC than ever before.
BTC has a clear growth target: to challenge the market value of gold, while altcoins lack a similar grand narrative.
As a seasoned cryptocurrency investor, I, Tu Fei, share my experiences and insights. Interested in the crypto space but don't know where to start? Click on my avatar to see the profile and witness the moment of miracles together.
Share some trading principles: 1. Before trading each time, think about what your advantages are. 2. Either you are faster than others, or you are more accurate than others; you have to have one of these. 3. Maintain patience. 4. Do not engage in matters of long-term interests, and do not go to places of widespread contention. 5. Be water. Water is shapeless yet takes on countless forms; water can contain all things. Look for trends like water, and follow the trends.
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Let’s talk about swing trading. Don’t imagine this as a gamble. Many people enter the market thinking they will get rich overnight and achieve financial freedom. What’s the result? Often, they lose everything. What is needed is wisdom and experience, rational analysis and operation, and then patiently waiting for the harvest.
When swing trading, the first thing to learn is to wait. If you get anxious seeing market fluctuations and operate frequently, you will only end up getting burned. Remember, not every fluctuation requires participation; find the right opportunity before acting.
Secondly, don’t be greedy. If you make 10% and want 20%, the result is often that you can’t even keep your principal. Set your goals, and when you reach them, stop. Leave some for others and also keep a way out for yourself.
Finally, don’t put all your eggs in one basket. Diversify your management and control your positions; this way, even if you incur losses, it won’t be devastating. Swing trading is a long-term battle; steady and solid progress is the key.
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The difficulty of a 25-year bull market is far greater than that of a 21-year bull market, and the difficulty of a 21-year bull market is far greater than that of a 17-year bull market. 1. The difficulty of each bull market cycle actually increases exponentially. 2. Humility is not something that is feigned; it is the result of being hammered out over 8 years. In 2020, I looked down on the experts playing DeFi, and later in 2024, I looked down on those playing meme coins. The reason is simple: they are new players, and I am an old player.. But they all achieved very significant results, and later I kept thinking, why did I look down on them, just because they are new players? What an absurd reason. It is filled with arrogance and prejudice. 3. Every year, the users entering this market are getting stronger generation by generation. This is beyond doubt. 4. The market is changing, and the participants are becoming stronger. The market is not wrong; the wrong one is me. 5. Later, I understood a principle: the market is not wrong, nor are those leading the charge; it is myself. My own weakness led me to dare not face reality, so I could only hide in the corner, like Ah Q, maintaining my pitiful and worthless self-esteem. 6. Keep learning and evolving.
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In the next 1-2 weeks (or already), there will be a noticeable bullish trend btc + alts both Let's see if we can directly confirm the bull return If it goes up and is rejected, it will be defined as a rebound, and then we will see where the rebound reaches Then we will locate where the current position belongs to around September 2024 Overall, it has been oscillating for 2-3 months The next wave of bullish trends like in November 2024 will not be too far away If you don't believe it, that's okay. As long as the big cycle hasn't broken, I will always believe there will continue to be a bull market Last August and September, I often said the drop couldn't continue, and many people criticized me At that time, I also wouldn't draw the line. After the trends in November came out, they, of course, disappeared
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It's quite funny to see the VC projects trying to harvest on-chain with their VC strategies, and no one is buying into it 😂. If you really want to draw your own lines, it’s better to continue playing the exchange game, where at least there’s still some natural buying volume.
Actually, I’ve always thought that on-chain market PVP is a good thing, indicating that the players involved are all 'smart people.' The difficulty for project parties to harvest increases significantly, and if they’re not careful, they might end up harvesting themselves.
'Diamond hands' are not educated through speculative foolishness; rather, it’s because the project parties have genuinely created products that excite the market, generating natural liquidity and enthusiasm. Tokens have meaning, which is why there are 'diamond hands.' Otherwise, if you release a product that serves no purpose, try to find some connections and shout a bit, manipulate the market by drawing lines, really no one is going to let you harvest.
This round of VC project parties is truly too far from the market. Next time, maybe bring a set of three pieces to show P Xiaojang and see if he’s willing to buy. If he is, ask if he can hold for more than 5 minutes.
In this round, 'P Xiaojangs' are at the top of the pyramid.
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A continuous chain of getting rich is believed to be sustainable only if there are leading figures forming this chain. These leading figures have a natural sensitivity. If they recognize you, they will support you with funds and community. I suggest that Binance first list a meme coin with a market value around ten million to create wealth. It is essential to support the native community of the BSC chain. Then, people will be willing to come to play on the BSC chain. Otherwise, the veterans are all complaining, and how can newcomers come to play? Yesterday, in such hellish difficulty, only the seasoned veterans who have been through the battlefield made money, and it wasn't much.
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