After 8 years of trading cryptocurrencies, starting with 150,000, I now support my family through trading, and my assets have surpassed 10 million. There were difficulties in the early stages, but it got better with time. I've summarized my hard-earned experiences:
1. Divide your funds into 5 parts and only invest one-fifth at a time! Control a 10% stop-loss; if you make a mistake once, you'll only lose 2% of your total funds, and if you make 5 mistakes, you'll only lose 10% of your total funds. If you're right, set a take-profit of over 10%. Do you think you'll still get trapped?
2. How to improve your win rate again? In simple terms, it's about following the trend! In a downtrend, every rebound is a trap for more buying, while in an uptrend, every drop creates a golden opportunity! Which do you think is easier to profit from: bottom-fishing or dip-buying?
3. Do not touch cryptocurrencies that have experienced a rapid surge in the short term, whether they are mainstream or altcoins; very few can sustain multiple waves of significant upward movements. The logic is that it is challenging to continue rising after a short-term surge. When prices stagnate at high levels, they will naturally decline later. It's a simple principle, but many still want to gamble.
4. You can use MACD to determine entry and exit points. If the DIF line and DEA form a golden cross below the zero line, once it breaks above the zero line, it's a stable entry signal. When MACD forms a dead cross above the zero line and runs downwards, it can be seen as a signal to reduce your position.
5. I don’t know who invented the term 'averaging down', but how many retail investors have stumbled and suffered huge losses because of it! Many people continue to add to losing positions, leading to even greater losses; this is the most taboo in cryptocurrency trading, putting oneself in a dead end. Remember to never average down when in loss, but to add to your position when in profit.
6. Volume and price indicators are crucial; trading volume is the soul of the market. Pay attention to significant volume breaks at low levels during consolidation, and decisively exit when there is significant volume stagnation at high levels. #CryptoTrading
7. Only trade cryptocurrencies in an upward trend, as this maximizes your chances and saves time. A 3-day moving average turning upwards indicates short-term gains, a 30-day moving average turning upwards indicates medium-term gains, an 84-day moving average turning upwards indicates major upward trends, and a 120-day moving average turning upwards indicates long-term gains!
8. Persist in reviewing each trade, check if your holdings have changed, technically analyze whether the weekly K-line trend conforms to your judgment, and whether the direction has changed trends. Adjust your trading strategy in a timely manner! #萨尔瓦多增持BTC #比特币战略储备 #美联储放鹰
Usual, the deposit rate has dropped from 9000% to 3000%, which is currently a 10% profit per day. The deposit needs to be converted into usualx first. Currently, 1000 is converted into usualx and then converted back to 900usual, a 10% loss. So this kind of Ponzi depends on who takes over in the end! If you want to participate, just go to the official website to pledge. The gas fee of the ETH main network is relatively high! I don’t understand it yet, I will write a detailed tutorial for you later! #usual
Federal Reserve Chairman Jerome Powell stated that the Federal Reserve "does not allow owning Bitcoin." Whether the U.S. government should hold Bitcoin is a decision for Congress, but the Federal Reserve itself has no intention of holding any Bitcoin.
Please note that the Federal Reserve is a private company and is not part of the U.S. government.
cz is like a little woman, haha, the mindset is still too small
Van社长
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From Divergence to Reconnection: Musk and CZ's 22 Days of Covert Conflict and Reconciliation
Prologue: Signals of a Rift November 23, 2024, 5 AM. On a cold, crisp morning, a hint of tension fills the air. The neon lights outside gradually dim, symbolizing the end of the night, while another silent storm is quietly brewing. CZ sits at his desk, his gaze fixed on the screen, where the familiar black interface shows Musk's account avatar prominently. He took a deep breath, his finger hovering over the mouse, his gaze icy, and pressed the “Unfollow” button. This is not a momentary impulse. For months, CZ has been observing Musk's words and actions, especially his frequent market manipulation via tweets. One sentence can make the market boil, while another can leave countless people bankrupt. And Musk stands at the center of the public opinion vortex, as if everything is within his control, yet CZ feels an indescribable sense of distance.
What is the most authentic approach in the cryptocurrency world?
I was born in 1990 and have been trading cryptocurrencies for 10 years. I entered the cryptocurrency world in 2013-2014, losing all of my parents' hard-earned savings of over 1 million. I also had to... Relatives and friends borrowed 500,000 to trade, and they all paid tuition in the market, losing 1.5 million altogether. The whole family was on the brink of collapse; I... My wife has been arguing with me about this every day, threatening divorce. Under such great pressure, I considered jumping off a building several times. Fortunately, my willpower at that time... My determination remains strong; I believe I can earn it back! After a year of adjustment, I started resigning to trade cryptocurrencies. I swore to my wife that if I don't make the money back, there will be consequences...