Someone asked me how to multiply 3,000 by 100 times?
Why don’t you try to earn 10% every month? Do you try to use compound interest thinking to fantasize about making 1 million?
That is just a fantasy. I tell you the reality is that you can only make 100 times the money by increasing 10 times, 5 times, or 3 times each time.
Compound interest is one of the eight wonders of the world…
You only need to get liquidated once and you will never listen to these toxic chicken soups again!
What cryptocurrency trading relies on to cross social classes is definitely not compound interest, but cycles, liquidity, and price behavior.
Use cycles to make contracts:
The bigger the cycle you look at, the higher your chances of winning. In essence, the cryptocurrency world is a global financial market. You are playing a trading game with people all over the world, and now you have to take money from their wallets.
How to get it?
Use slow money to make quick money, and use smart money to make stupid people's money.
The vast majority of people in this world are impatient, lack strategy, and are reckless. Most of them rely on being aggressive to place orders, and rarely pay attention to their positions, entry timing, and risk value.
They only care about how to make a quick profit, so they enter and exit quickly, take big risks, and leave the market when their positions are liquidated.
They only make profits and losses of a few dozen points when they place orders. You can extend the order a little bit and make profits and stop losses of 200 points. This way, you have a greater chance of winning.
Your funds will eat up such funds. This does not mean that you are smart or patient. In fact, you have taken advantage of a very critical factor - "cycle".
When the price of Bitcoin was $3,000, it fluctuated by dozens of points a day. When it was $10,000, it was 200 points. When it was $30,000, it fluctuated by 1,000 points a day. At $58,000, which is the current price, it fluctuates by about 2,500 points a day.
And your forced liquidation price can only bear... a fluctuation of 300 points. I understand that you are ambitious, but you can't treat the fluctuation as a joke!
You don’t need to understand this knowledge after your margin call, but you need to understand it right now!
If you control your risk well, it doesn’t matter if your contract opens 1000 times, you only need to pay attention to your risk value.
Let me give you an example. This bull market is a big cycle. There are countless small cycles within the big cycle, and there are cycles nested within the small cycles. These small cycles oscillate back and forth, and are always moving towards the peak of the bull market.
You judge where the low point of a small cycle is at this time, and this low point is likely to not be broken. Then place orders in this cycle. You don’t need to look at the pressure level, support level, and resistance level. Your orders will be the best in this small cycle.
As long as you make a good judgment, all the mentality, anxiety, and panic will not exist. I think the bottom of Ethereum's small cycle is at 2947. As long as it falls within the range, I will cover my position without even thinking about it. I will cover my position if it falls, and I will sell at 3210.
If it falls, I will continue to buy. What should I be afraid of?
I am not afraid because I control my position and the risk, and I think my risk is the lowest at the moment.
This position, this logic, and this cycle have no lower risk than I expected.
I admit my loss!
Because I have controlled the risks!
There is no god in the contract market. Don't try to create a god for someone. Those who make hundreds of thousands or tens of millions of dollars a year are just good at controlling risks.
The reason I say this is that it is completely unnecessary for too many people to have their accounts liquidated. A qualified liquidation experience is one where you have gone through countless corrections and efforts but still cannot be saved.
There is a dumbest way to trade cryptocurrencies, which will keep you making money forever
At the end of last year, I started with 200,000 yuan, and now I have 20 million yuan, which is a 100 times profit easily (suitable for everyone). I am still using this method until now, it is efficient and very stable.
Don’t worry about whether you can learn it or not. If I can seize this opportunity, you can too. I am not a god, just an ordinary person. The difference between others and me is that others ignore this method. If you can learn this method and pay attention to it in the later trading process, it can help you earn at least 3 to 10 points more profit every day.
First, step 1: add the coins that have been on the list of gainers within 11 days to your favorites, but please note that coins that have fallen for more than three days need to be excluded to prevent investors from taking profits.
Step 2⃣️: Open the K-line chart and only look at the coins with MACD golden cross at the monthly level.
Step 3⃣️: Open the daily K-line chart. Here we only look at the 60-day moving average. As long as the price of the currency pulls back to near the 60-day moving average and a large-volume K-line appears, we will enter the market with a heavy position.
Step 4⃣️: After entering the market, use the 60-day moving average as the standard, hold when it is above the line, and sell when it is below the line.
There are three details in total.
1. When the band's increase exceeds 30, sell one-third
2. When the band's increase exceeds 50, sell one-third of it
3. The most important thing, and the core factor that determines whether you can make a profit, is that if you buy on the same day and some unexpected circumstances occur on the second day, and the currency price directly falls below the 60-day moving average, then you must exit the market completely and don’t have any fluke mentality.
Although the probability of falling below the 60-day line is very small through this method of selecting coins by combining the monthly line with the daily line, we still have to have risk awareness. In the B circle, the most important thing is to keep the capital. However, even if it has been sold, you can wait until it meets the buying point again and then buy it back.
Ultimately, the difficult part of making money is not the method, but the execution.
The next update on the money making technology course is here. Remember to follow me so you don’t miss it.
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