In the cryptocurrency market, how to accumulate 1 million?
Start with small funds using the rolling position strategy. Once reaching a principal of 1 million, making money becomes easier. The rolling position strategy requires attention to several points: Patience and certainty: Have enough patience to wait for high certainty opportunities, specifically trend reversal points after sharp declines followed by sideways consolidation and upward breakout. Position management: When rolling positions, use small positions (such as 30% of total funds) and set reasonable stop-losses (such as 15%) to control risks. Even with a stop-loss, the loss is limited. Gradually increase positions: As the market rises, gradually increase positions while maintaining the same stop-loss ratio to lock in profits and reduce risks.
In the crypto world, past market movements resemble the confrontation between the East and the West, with fluctuations both day and night. Basically, the market is most active between 21:30 and 7:30 Beijing time. You will find that many significant rises occur in the early morning, so a qualified trader usually chooses to sleep at 8 PM and wake up at 4 AM to monitor market dynamics.
1. If you notice a continuous drop in the domestic market during the day, you should consider bottom fishing because at 21:30, foreign capital will start to push the market up. 2. Conversely, if the market rises significantly during the day, don't chase the high, as it is likely to pull back at night. Those who are used to FOMO need to stay calm at this time.
Master this cryptocurrency trading method, and you too can earn 30 million a year!
This year, at 32 years old, I probably started mixing in the crypto circle around 24. Between 23 and 24, I once peaked at A8, but then made a wrong turn, and now it's around 800. I have the patience to summarize my insights. First, the mindset must be good; technology comes second. However, no matter how good the mindset is, without skills, it is useless. 1: Keep a close eye on those strong trends; if you're unsure, look at the 60-day line. Trade on the line and exit offline; this is relatively flexible (dual moving average system). 2: When encountering intraday fluctuations greater than 50%, don't rush to chase; it can easily cause anxiety. Instead, accumulate at lower levels like a scavenger team; relatively stable profits may be larger.
A super stable and foolish method for trading cryptocurrencies that helps you earn steadily!
Trading cryptocurrencies is all about stability. Here's a particularly 'foolish' yet reliable method to help you secure profits and firmly control risks. Remember the three major taboos: Never do these three things. 1️⃣ Don’t chase after prices: When others are panicking, we boldly enter the market; when others are frantically buying, we calmly observe. Learn to 'buy when prices drop, sell when prices rise.' 2️⃣ Don’t go all in: Don’t put all your funds on a single trade; diversifying risk is a fundamental practice in cryptocurrency trading. 3️⃣ Don't operate with a full position: A full position can leave you passive. There are plenty of market opportunities, so keep some capital aside to flexibly seize the next chance. Six small tips for short-term cryptocurrency trading.
Full-time cryptocurrency trader, currently financially free!
I was born in 1991, a full-time cryptocurrency trader, with assets in the tens of millions. I feel no impact, living a leisurely and free life, without deceit or intrigue, living the life I want. Now my daily routine is generally to review yesterday's trading combined with updates from the evening news, along with my own positions and specific situations to make short-term trades or small fund operations to enhance market feel.
Then conduct a 2-hour review summary, which is the most important assignment in the morning of the day, with the goal of making a good profit in the evening!
Often unknown, but an extremely important skill!! 1. Cost averaging is not as simple as imagined For example, if you invest 10,000 U when a coin's price is 10 U, and then add another 10,000 U when the price drops to 5 U, your average cost is actually 6.67 U, not the 7.5 U that many people think. This situation is very common in market fluctuations, and understanding this cost calculation method helps in managing positions.
2. The effect of compound interest is astonishing Assuming you have 100,000 U and you exit after earning 1% daily. If you can maintain 250 trading days in a year, your assets will grow to 1,323,200 U after one year. Continuing for another two years, your assets could even reach tens of millions. Of course, this result is based on stable returns, but the hidden challenge is how to continuously maintain this compound interest.
The first pot of gold earned from trading coins was used to buy a house in Beijing. Starting from 60,000, the capital gradually rolled over to more than 5 million, and then to 24 million later, using just this strategy!
Master the methods for buying and selling, summarized as follows. First, those who can buy are apprentices. The best operational method in the crypto world is: a. Regardless of bull or bear markets, 5 layers of positions should be in BTC and ETH, while the remaining 5 layers can be used to take bigger opportunities. b. When the bull market turns back, many altcoins drop to 10% or even 1% of their price. At this time, it's very cheap to buy some promising altcoins with wide consensus, and then wait for the bull market to arrive. c. In a bull market, various hotspots emerge. For example, in this round of bull markets, sectors like artificial intelligence, gamefi, RWA, public chains, and platform tokens can have small amounts of capital invested in hot speculation. After earning more than 5 times, take profit in time and convert everything to BTC and ETH. Clearly distinguish between what is 'daily living' and what is 'playing around.'
How to Turn 30,000 into 1 Million in the Crypto Space?
With 30,000, I suggest you can do rolling positions. Before doing so, first understand what rolling positions mean. For example, if you only have 50,000, how to start with that? First, this 50,000 should be your profit. If you’re still at a loss, there’s no need to look further. If you open a position when Bitcoin is at 10,000, using 10 times leverage and adopting a per-contract mode, only open 10% of the position, which means only opening 5,000 as margin. This is actually equivalent to 1x leverage, with a 2% stop loss. If you hit the stop loss, you only lose 2%, just 2%, right? 1,000. How do those who get liquidated end up losing everything? Even if you get liquidated, isn’t it just losing 5,000? How can you lose everything?
Professional cryptocurrency trader for 56 years, starting capital of 20k now with total profits of 60 million!
A super stable and foolproof method for trading cryptocurrency that guarantees you’ll make a profit without losses! When trading cryptocurrencies, there’s a particularly foolish but stable method that can help you grasp all the profits; you have to ponder it slowly. There are three things you must never do when trading cryptocurrencies. The first thing is to not buy when the price is rising; you need to learn to buy boldly when others are scared to death, and be cautious when others are scrambling to buy. Get into the habit of buying during a downturn. The second thing is to not put all your eggs in one basket. The third thing is to not operate with a full position; if you're fully invested, you become passive. There are plenty of opportunities in the market, and being fully invested increases your opportunity cost.
Types of people who will definitely lose money in crypto trading
First, pure novice, who may have relied on luck to ambush some doubling coin, but will eventually lose it back due to lack of skill! Novices only go all in, like to chase highs and sell lows, completely unaware of what position management means, what take profit and stop loss mean, always fully invested, always with tears in their eyes! Second, small capital players, for example, if you only have a few thousand USDT and want to earn a million! There are cases of turning a few thousand USDT into a million in the crypto world, but most of them come from primary markets and contracts! Small capital players who choose the wrong track find it very difficult to achieve social mobility; if you want multiple returns on small capital, you definitely cannot choose the secondary market! The secondary market cannot provide you with hundredfold returns! High multiples must come from primary and contract markets!
Important Rules You Must Know in the Crypto World!
In the crypto world, it used to be a confrontation between East and West, and there would be market movements both day and night. Most of the market activity happens between 21:30 and 7:30 Beijing time. Most of the significant rises happen at dawn, so a qualified trader should sleep at 20:00 and wake up at 4:00 to pay attention to trading. 1. If there’s a significant drop during the day in China, you must buy the dip. At 21:30, foreigners will pull the market up. 2. If there’s a significant rise during the day, definitely do not chase the high; it will drop back at night. 3. The key signal for buying and selling is the spike; the deeper the spike, the stronger the buy and sell signals. 5. Major meetings or positive news will lead to price increases, but once it lands, it will fall.
Having learned this simplest method of trading coins, I can now enjoy unlimited glory in the crypto world!
1. If a strong coin drops continuously for 9 days from a high position, be sure to follow up in a timely manner. 2. If any coin rises for two consecutive days, be sure to reduce your position in a timely manner. 3. If any coin rises more than 7%, there is still a chance for further gains the next day; you can continue to watch. 4. Be sure to wait until the pullback of a strong bull coin is over before entering. 5. If any coin has three days of dull fluctuations, observe for another three days. If there is no change, consider switching. 6. If any coin fails to recover the previous day's cost price the next day, you should exit in a timely manner. 7. For every three coins on the rise list, there are five; for every five, there are seven. Coins that have risen for two consecutive days should be bought on dips, and the fifth day is usually a good selling point.
16 lessons learned from 7 years of trading cryptocurrencies!
1. Choose altcoins during a bull market and buy BTC during a bear market; this is my unique secret! 2. Coins with increased volume at the bottom must be paid special attention; this is the signal for a launch, don't miss it! 3. For coins in an uptrend, when they pull back to important moving averages, it is the best time to buy. Remember to seize the opportunity! 4. Don't trade frequently; making a few correct big trend trades in a year is enough. Greed can lead to significant losses! 5. Always control your position well; never go all in. Leave yourself some room to cope with market changes! 6. For losing junk coins, do not average down. Cutting losses in time is the wise choice; don't let yourself get deeper into trouble!
How to turn 10,000 oil into 1,000,000 oil in the crypto contract market.
Look at how 10,000 oil can be turned into 1,000,000 oil. All are experiences, summarized into 9 points 👀↓ 1. If your initial capital is not very large, for example, under 100,000, capturing a significant market fluctuation once a day is already sufficient. Do not be greedy; always hold positions! 2. When encountering significant positive news, if you do not sell on the same day, remember to sell on the next day's high open. Positive news often turns into negative. 3. News and holidays are also very important. When encountering major events, adjustments should be made in advance (reducing positions or even going to cash). Historically, major events will lead to significant market fluctuations. If you cannot grasp the direction in advance, wait for the market to come and follow the trend!
After years of experience in the cryptocurrency world, here are 10 valuable lessons to share!
1. Do not be overly greedy; wealth in the cryptocurrency world is limitless and difficult to fully capture. 2. There is no need to be overly fearful; the major players will ensure the stability of the market price and will not easily allow it to crash. 3. Major players also face difficulties; unloading their assets is always a major concern. 4. Cryptocurrencies that see increased volume at the bottom during a decline, regardless of whether they achieve a true breakthrough, are worth close attention. 5. Perhaps all it takes is a little more persistence; the market storm will pass in an instant. 6. In medium-term operations, select one cryptocurrency and hold a moderate position, reducing holdings at highs and increasing at lows, repeating this flexibly. 7. Short-term trading requires close monitoring of K-line trends, market sentiment, and the four key factors of rising speed.
Turning 8000 in the crypto space into over 40 million now!
1. Avoid investing all funds. 2. Timid, impulsive, willing to lose but afraid to earn; not suitable for investment. Successful investors can control their emotions and maintain a rigorous discipline. 3. Do not overtrade. 4. Face the market squarely; do not indulge in fantasies. 5. Make appropriate pauses in trading; a leaf obstructing the view prevents seeing Mount Tai. 6. Never blindly follow the crowd. 7. When uncertain, wait and observe. 8. Make decisive actions; never get bogged down or miss opportunities. 9. Forget past prices. 10. Patience is also an investment; know how to wait and when to give up. Mature trading judgment:
I have been trading cryptocurrency for two years, starting with 50,000, and now I support my family through trading!
1. Divide your funds into five parts, and only invest one-fifth each time! Control a stop loss of 10 points; if you make a mistake once, you only lose 2% of your total funds. Even if you make five mistakes, you will only lose 10% of your total funds. If you are right, set a take profit of more than 10 points. Do you think you will still be stuck?
2. How can we further improve the win rate? Simply put, it's about going with the trend! In a downtrend, every rebound is a trap for bulls, while in an uptrend, every drop creates a golden opportunity! Which do you think is easier for making money, bottom fishing or buying on dips?
3. Do not touch cryptocurrencies that have rapidly surged in the short term, whether they are mainstream or altcoins. Very few currencies can sustain several major upward waves. The logic is that it is difficult to continue rising after a rapid short-term surge. When prices stagnate at high levels, they naturally fall later; this is a simple principle, but many still want to take the gamble.
How to Trade Cryptocurrencies and Earn 30 Million Annually!
I am 32 years old this year. I started trading cryptocurrencies at 22, and by 2023-2024, my funds reached eight figures. My life now involves staying in high-end hotels costing around 2000 yuan, with luggage and hats possibly featuring crypto symbols. It is much more comfortable than the older generation doing physical businesses or the post-80s in e-commerce. I have hardly experienced troublesome business dealings. The most important aspect of trading is maintaining a good mindset; technical skills are secondary. 1. In most cases, Bitcoin is the leader in the rise and fall of the crypto market. Strong coins like Ethereum can sometimes decouple from Bitcoin's influence and trend independently, but altcoins generally cannot escape its impact.
The types of people in the crypto world who will definitely lose money!
First, pure novices may rely on luck to ambush a certain doubling coin, but will later rely on ability to lose it back! Novices only go all-in, like to chase highs and cut losses, completely unaware of what position management is, what taking profits and stopping losses mean, always fully invested, always emotionally overwhelmed! (Newbie novices, I suggest not to touch the crypto world, this thing is really easy to lose money! Watch more, do less!)
Second, small capital players, for example, if you only have a few thousand U! Want to earn a million! It's not impossible to turn a few thousand U into a million in the crypto world, there are cases, but most are from the primary market and contracts!
Trading cryptocurrencies for seven to eight years, from 120,000 principal to 30 million!
Today, I want to share this very simple method; even newcomers to the cryptocurrency world can easily profit as long as they strictly adhere to it.
First, we set three moving averages on the candlestick chart: the 5-day moving average, the 15-day moving average, and the 30-day moving average. The 30-day moving average is called the lifeline and is a strong support or resistance level. Through these three moving averages, we can trade the cryptocurrency.
1. The selected cryptocurrency must be in an upward trend or at least in a sideways consolidation state. If the cryptocurrency is in a downward trend, or if the moving averages are opening downward, it must not be selected.