Methods to make millions from thousands in cryptocurrency trading!
1. As long as a strong coin has continuously fallen for 9 days at a high position, be sure to follow up in a timely manner.
2. If any cryptocurrency has risen for two consecutive days, be sure to reduce your position in a timely manner.
3. Any cryptocurrency that rises more than 7% will have a chance to continue climbing the next day; you can continue to observe.
4. For strong bull coins, be sure to enter the market only after the correction has ended.
5. If any cryptocurrency has been stable for three consecutive days, observe for another three days; if there is no change, consider switching.
6. If any cryptocurrency fails to recover the previous day's cost price the next day, you should exit in a timely manner.
7. In the ranking of price increases, where there are three, there must be five; where there are five, there must be seven. For cryptocurrencies that have risen for two consecutive days, enter at a low; the fifth day is usually a good selling point.
After 8 years of trading cryptocurrencies, I turned a 100,000 principal into 30 million, just by using this method, with a win rate of 99%!
Cryptocurrency newbies can easily make money by strictly following this method. First, we need to set the moving averages on the candlestick chart to three lines: the 5-day moving average, the 15-day moving average, and the 30-day moving average. The 30-day moving average is the lifeline, serving as a strong support or resistance. Then, we can trade the cryptocurrency based on these three moving averages. 1. The selected cryptocurrency must be in an upward trend; it can also be in a consolidation phase, but it must not be in a downward trend or have moving averages opening downwards. 2. Divide the funds into three equal parts. When the cryptocurrency price breaks above the 5-day moving average, buy 30% with a light position. When it breaks above the 15-day moving average, buy another 30%. Similarly, when it breaks above the 30-day moving average, buy the final 30%. This requirement must be strictly followed.
After 6 years in the cryptocurrency circle, I invested 30,000 yuan and have now achieved 30 million yuan in financial freedom!
Dealing with being trapped: Divide funds into five parts, only invest one-fifth each time, and set a 10% stop-loss. Even if there are five mistakes, the loss will only be 10% of the total funds. If profitable, set a take-profit above 10%, so there is no need to worry about being trapped.
Many people understand this principle, but it is difficult to implement because the challenge is not the market, but oneself. Improving win rate: Avoid counter-trend operations and always follow the major trend. Do not be greedy for rebounds; focus on trend strategies.
In a downtrend, each rebound is often a trap, while in an uptrend, a pullback may be an opportunity. Which is easier for profit, bottom-fishing or buying low? The importance of choice: Try to avoid investing in cryptocurrencies that have sharply risen in the short term. Cryptocurrencies that can experience several rounds of major upward trends are very rare, and the difficulty of continuing to rise after a short-term surge is extremely high. High positions often stagnate before falling; this principle is simple, but many people still hold onto a mindset of luck.
Quickly break away from the leeks and become the sickle in the cryptocurrency market by doing the following 7 things:
1. Adjust your mindset first. Treat cryptocurrency trading as a game, and it doesn’t matter whether you win or lose. Only in this way can you trade cryptocurrency easily in the cryptocurrency market.
2. Use spare money to speculate. The funds for speculating in cryptocurrencies must be spare money that will not affect your life if you lose it. Only by using spare money to speculate in cryptocurrencies can you be able to take it and put it down.
3. Seize the time to learn. If you want to trade cryptocurrencies well, you should figure out the practical technical indicators and tactics as soon as possible, practice more, and summarize more.
4. Be cautious in your first attempt. The funds of the leeks are limited, so you must be practical. Especially for the first time, you must prepare carefully and strive to win the first battle. Before operation, you should use the simulation system more and practice, and then make a move after gaining a certain amount of experience. Otherwise, as soon as you enter the market, your funds will be trapped or sold at a loss, which will be a great blow to your confidence.
After ten years in the cryptocurrency circle, I have made more than 4000W with a capital of 5000W. After more than 10 years of cryptocurrency trading, I have summarized the 24 trading rules!
1. Fund allocation: Divide the funds into ten equal parts to ensure that the risk of a single transaction does not exceed one tenth of the total funds.
2. Set a stop loss: Set a stop loss point immediately when opening a position to protect your investment from adverse market fluctuations.
3. Avoid over-trading: Over-trading violates the principles of money management and should be avoided.
4. Protect floating profits: When floating profits exceed three basis points, set a protective stop loss near the opening price to ensure that the principal is not eroded.
5. Follow the trend: Avoid participating in transactions when you are uncertain about the market trend.
I have earned 10 million in the cryptocurrency industry in 6 years! Today I am lucky enough to share some of my experience.
If you are wrong, stop loss; if you are right, hold on; make small losses and big profits; make big profits and losses. Specific to each core link: Follow the trend: find a moving average to simply divide the long and short positions, only go long above it and only go short below it.
Open a position, test a position: follow the trend, follow the major trend and go against the minor trend. When entering the market, you must consider the potential profit and loss ratio that is large enough. That is, if you enter the market at this position, if you are wrong, the stop loss is very small, but if you are right, the profit is huge. This is usually the bottom of the trend or the early stage of the trend.
Open a position and stop loss: If the key point is broken, you must stop loss and don’t take any chances. If the price goes back up, you can find another opportunity to enter the market. Don’t take any chances and think that you can rebound by holding on, and don’t try to spread out your losses.
Ten tips to keep in mind in the cryptocurrency world!!
1. Don’t change currencies frequently. Things will change over time, and sooner or later it will be your turn!
2. When all kinds of people are discussing a certain currency, it is best not to touch it, because it means that the currency is about to reach its peak! In a bull market, it is likely to rise back, but in a bear market, 90% of the currencies may never rise back in their lifetime!
3. Don’t believe anyone who says a certain coin can increase by 100 times or 1,000 times. Such people are either fools or scammers! If you ask him how many times you can get, such a coin that can increase by 100 times or 1,000 times, unless such a coin really exists in your hands, but the premise is that you must forget it, but can you do it? If it increases by 20% in one day, you will probably run away!
I have been trading cryptocurrencies for four years, entering the market with 50,000 yuan. As a post-90s generation, I support my family by trading cryptocurrencies. I have summarized my hard-earned experience!
1. Establish a good investment system. When entering a certain currency, first ask yourself if there is an entry point, and when you want to leave, ask yourself where your exit point is? Such a thinking system can benefit you for life, and this is the way to quickly grow in the currency circle.
Second, get used to entering the market when the volume breaks through and falls back. This way, the risk is much smaller. Only do the mainstream and don't do miscellaneous speculation. Many times, it is against human nature. Don't be afraid to buy just because the price has risen too high. The more you dare not buy, the more it will rise. The more you dare to buy, the more it will rise. The strong will always be strong.
Tips from local experts for trading cryptocurrencies!
1. Trade with money you can afford to lose, don't fear losses, and you can profit; 2. Combining 'fundamentals + technical analysis' to set direction, with support from fundamentals, the trend can be more stable; 3. With the support of fundamentals, the trend can be more stable; 3. Only trade daily trend markets (fluctuation > 30%), do not engage in intraday short trades, do not trade in sideways markets, and do not foolishly accumulate coins; 4. Stick to trend strategies even in volatile markets, and strictly set stop-losses; Loss, patiently waiting for the trend to arrive; 5. If you make a wrong direction, never hold onto the position; making a mistake is not scary, but losing everything is scary.
Regarding leverage ratios: for small fluctuations, using high leverage can increase profits, suitable for Bitcoin and Ethereum. For large fluctuations, choose low leverage to reduce risk, suitable for various altcoins.
If you want high leverage, your position must be extremely low; conversely, if you have low leverage, your position can be appropriately higher. The size of leverage depends on the market situation; in a big market, take long positions with low leverage. High leverage yields quick returns and is suitable for quick in-and-out trades.
In fact, as long as leverage is applied, there is a 100% risk because you have a liquidation point, which carries the risk of losing all your assets. Many might think that as long as the leverage ratio is low enough and the margin is sufficient, the risk is low and liquidation is impossible. In fact, leverage does not determine risk; there is 100% risk with any level of leverage.
Entered the cryptocurrency world in 2015 and had assets of more than 4,000 in 2024
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1. The longer the sideways movement lasts, the higher the price will rise. The longer the sideways movement lasts, the higher the price will rise. The market oscillation is the performance of bottom accumulation. The more chips are absorbed, the more ambitions The bigger. 2. If the market suddenly falls sideways, it must be a small drop, and it will definitely rise after the drop. If the price suddenly rises after going sideways, it must be a small rise, and if it rises, it must fall. The potential accumulation stage, the shock is the strong accumulation stage, the performance is Washing the plate means going up and down, which is simple and crude, but it never fails. Cool. 3. If it doesn’t hit a new low, it will soon rise, and if it doesn’t hit a new high, it’s not good. The new low indicates that the main players are entering the market to continue to acquire, and the bottom will soon be reached.
The Ten Realms of Cryptocurrency Trading, Which Level Are You At?
Level 1: Just entering the cryptocurrency market, ambitious and full of passion! Carrying dreams of 1000U to make a big move. Dreaming big with 1000U. Level 2: Obsessed with buying and selling every day, firmly believing in the words of influencers. Level 3: Slowly feeling that money is not so easy to earn, losing more and earning less. The words of influencers are not that effective anymore. So I started learning to analyze news. But later realized that it was all about trapping people, starting to doubt value investment. Capital. Level 4: Evolved from a novice to a target, beginning to analyze cryptocurrencies. Researching technical indicators. Slowly able to make small profits, but most of the time it's losses. Losses, the interweaving of short and long positions, operations have become chaotic. Understanding is increasing.