The method I personally tested earned me over 1.8 million in 11 months in 2024, turning 10,000 into nearly 180 times!
If you also want to get a piece of the pie in the cryptocurrency market, then take a few minutes to read this article, and you are only one step away from a million!
Why is it said that making money in the cryptocurrency market is easy? The teacher shares 3 tips on how to achieve higher returns.
To say something a bit pretentious:
It really is quite easy to make money in the cryptocurrency market, or rather, it's much easier than in other markets.
For example, our A-shares have only increased by about 78% in the past twenty years.
As for Bitcoin, I won't compare it with its 10-year growth rate, as that would be too unfair. Just looking at its growth rate in the last year (compared to the same period last year), it can completely outperform the 20-year growth rate of A-shares.
Of course, some friends will definitely say that this year is a bull market, so it is normal to outperform A-shares;
Don't worry, here's a chart of Bitcoin data for the last 10 years;
You can experience for yourself what terror is!
From this chart, we can clearly see that even if you use the most mindless method, buying on the first day of January and selling on the last day of December;
In the past 10 years, apart from the year-end gains in 2014, 2015, and 2018, none of them have outperformed the 20-year data of A-shares.
In any other year, if you buy at the beginning of the year and sell at the end, you'll completely outperform the 20-year data of the A-share market. That's what you call strong! That's what you call being a friend of time!
Some people might argue that 69% in 2021 is still lower than 78% in the A-share market!
Don't forget, this year is a bull market cycle. We'll see how it goes by the end of the year.
I've been rambling on for so long, presenting all this incredibly hard data, just to prove one point;
In the cryptocurrency world, making money with Bitcoin is incredibly easy!
Whether you're dollar-cost averaging, buying on dips, or just blindly buying...
As long as you hold the stock for more than 3 years, you will make money without exception, and the returns will be at least more than double.
So the focus of today's article is not on Bitcoin investment, but rather on a few tips on how to outperform Bitcoin.
To prevent novice investors from making reckless investments, I must pour some cold water on this idea. Take a look at this chart.
(By the way: I have most of my money in other exchanges. Although I haven't outperformed Huobi, I have recently outperformed a certain exchange by a large margin.) This is a screenshot of my money in Huobi from April to now.
At its worst, I lost about 190,000 to around 40,000, so I have to tell you this with bloody facts.
Trying to outperform Bitcoin with altcoins is a significant challenge for any investor.
There is no other way but to continuously learn, learn from failures, and constantly optimize our investment strategies.
So next, I'll share some new knowledge I've recently learned, about three tips that I hope will be helpful to everyone. Let's get started.
1. Focus on new products, not old ones.
I have learned this lesson the hard way this time. As everyone knows, I had heavily invested in EOS before, which cost me at least 3 million yuan less in profit.
Buying any Bitcoin or Ethereum last April would have been much better than it is now;
My mistake was that I was still using the same stock market mindset when trading cryptocurrencies.
In the cryptocurrency world, so-called value investing doesn't really work that well. There are new rules here, which you can think of as a chip distribution rule.
The biggest advantage of any new coin is that the tokens are very concentrated. To put it bluntly, it's easy for big players to pump and dump the price. You can see for yourself.
For example, here are the holding percentages of large addresses for KSM and FTT:
It is clear that the top 10 holdings concentration of KSM is only 2.05%, while that of FTT reaches 91%;
Think about it yourself. If you were the market maker, which stock would you be more motivated to push up?
The biggest advantage of new cryptocurrencies is that, initially, you have all the chips in your own hands, and most teams are also very poor at the beginning.
When resources are scarce and resources are concentrated, the team is highly motivated and capable of leveraging various capital and media hype to give the team a boost (positive examples will be introduced later).
A counterexample, of course, is the infamous EOS. Sigh, I don't want to say anything more about it; it's all tears.
To recap, the key points here are:
Pay close attention to the shareholding ratio; the more concentrated the shareholding, the better.
It's generally difficult to concentrate the holdings of older cryptocurrencies because a price surge attracts a wave of small investors like you and me. With more small investors, the holdings become more dispersed, making it harder to drive the price up.
2. Reading more news helps you grasp short- to medium-term trends:
When I used to trade stocks, I had a good habit: starting in 2014, I would spend about half an hour every day.
Take a look at the stocks of all the major internet companies (I'm looking at fewer than 30).
The advantage of this is that you can keep track of what the companies you are following are doing, and thus better understand how strong or weak their strategic plans are.
The same applies to the cryptocurrency market, where short-term gains can reach tens or even hundreds of times.
In fact, the price of coins is often driven up in conjunction with trending topics;
For example, the recently popular SBF series, namely Sol, FTT, FTM, and Ray, started releasing news around July 20th that they had raised $900 million with a valuation of $18 billion.
As everyone has seen, the subsequent surge occurred. I'll post a chart for you to get a feel for it.
The timing of the launch, the release of funding information, and Bitcoin's recovery from its slump all coincided perfectly.
Therefore, reading more news and understanding the cryptocurrency market is extremely important. Holding onto this wave could mean a 10x profit in just over a month!
3. Understanding valuation is very important:
Everyone needs to develop their own intuition about valuation; this is something you can only learn by observing and learning more.
For example, if you make it into the top 5 of the new mainstream cryptocurrencies this year, excluding BTC and ETH, the highest valuation is only around 100 billion dollars, similar to BNB. The current third-ranked ADA is only around 80 billion dollars.
I remember when DOT entered the top five at the beginning of the year, it was only worth 60-70 billion, so it's pure nonsense to keep saying it's worth hundreds of billions.
Valuation is a very simple yet very useful profit-taking indicator, and I hope everyone can learn to use it effectively.
All of what I just said is just a little bit of my personal experience, at most a trial balloon. You should apply it flexibly in real-world situations.
I've been a bit lax with updates lately, and I apologize to everyone. I'll definitely work harder in the future and try not to skip updates again!
Finally, let's end the battle with a memorable quote.
Even the consensus of idiots is still a consensus, especially when there are many idiots; their consensus is often overwhelming.
The primary winning rule in cryptocurrency trading is to patiently wait and remain out of the market.
The hardest part of cryptocurrency trading is waiting while holding no positions. In the investment field, those who are patient and learn to wait will definitely profit, and this is especially true for cryptocurrency trading. Patiently waiting will lead to a good price and a good entry point. However, most people chase immediate profits, afraid of missing out on a fortune. But in reality, too many inexperienced investors cannot tolerate waiting; they find long waits unbearable.
If you can't stand it, I suggest finding other things to do, spending more time with mountains, rivers, flowers, and plants to enrich yourself and forget that forbidden zone of inner demons that you can access anytime, 24/7.
Entering the cryptocurrency world, no matter how high one's emotional intelligence or IQ is, without patience, one will ultimately end up as a complete failure, a utterly worthless novice. This is because most of them have rather unstable personalities and emotions, and the cryptocurrency world easily reveals their bad temper, leading to an unstable mindset and distorted or ineffective trading.
If you feel unlucky and your trading in the cryptocurrency market is going terribly wrong, try going out for a walk more often. It's said that luck will come with time. Mountains and rivers can absorb negative energy, soothe your mind, and become a source of vitality.
Waiting, patience, and holding cash all severely test one's mental fortitude. Based on countless statistical analyses from predecessors in the cryptocurrency world, the following set of data has been derived.
1. Trading more than 10 times a day, the average return over 3 years is -79.2%. 2. Trading more than 5 times a day, the average return over 3 years is -55%. 3. Trading more than 1 time a day, the average return over 3 years is -31.5%. 4. Trading more than 0.3 times a day, the average return over 3 years is 12%. 5. Trading 0.1 times a day, the average return over 3 years is 59%. 6. Over 90% of people lose money in trading, demonstrating how difficult it is to reduce trading frequency. In a constantly changing and unpredictable market, doing nothing is difficult.
A veteran cryptocurrency trader's insights after years of experience. True traders only care about two things: what to do if the price action proves their trade right after buying, and what to do if the price action proves their trade wrong after buying. Trading opportunities aren't always available, so patience is paramount. Patiently stay out of the market, waiting for the trend and the right opportunity. Patiently hold positions, waiting for the trend to end. Patiently accumulate experience; compound interest is key. Patiently learn; only through diligent study can you achieve great success.
In the cryptocurrency market, there are only two types of people who consistently make money. The first type is those who patiently wait for market crashes, adding their chosen value coins to their watchlist beforehand. When the market dips, they buy in with all their capital, reaping huge profits. The second type is value investors who buy aggressively during bear markets, acquiring high-quality coins and holding them long-term through dollar-cost averaging and reinvesting, allowing compound interest to work its magic. By following these two steps, you'll absolutely outperform 90% of the retail investors who chase highs and lows in the cryptocurrency market, and it will be much easier and less stressful.
When the market develops according to the trader's judgment, there is nothing to do but watch patiently. Therefore, it must be understood that the act of trading is only a momentary thing. Out of 365 days a year, the actual trading time may only be a few hours, and the rest is a long and lonely wait.
The most important thing in trading is waiting; 99% of the time is spent waiting. Buying and selling can happen in an instant! Wait for opportunities when you're out of the market, and wait for profits when you're in a position! Wait for the ripe fruit to fall! Wait for opportunities—the buy and sell points—within your own trading system and trading model. Waiting takes time and patience, so patience is crucial!
Cryptocurrency investing demands patience. Whether waiting for the right opportunity while holding cash or fully invested and waiting for a price increase, it's an inevitable process. Recognizing that investing is like farming—not rushing to harvest after sowing, but understanding that growth takes time—makes this waiting process natural. Just as farmers follow the laws of nature, knowing that there's a waiting period between sowing and harvesting, cryptocurrency investors who understand market cycles can calmly face waiting, viewing it as an integral part of the investment process, as indispensable and peaceful as breathing.
Let's re-analyze the current cryptocurrency market. There's a pattern: bull markets typically begin with a small bull run, followed by a period of decline and consolidation before the real bull run begins. It's like a marathon: first a warm-up jog, then a moderate-paced run to build strength, and finally a full-speed sprint!
The cryptocurrency market has now completed its mini-bull run and is likely to enter a period of consolidation or decline. This phase will last at least 1 to 2 months, lasting a maximum of 4 to 6 months. Like a brief storm, it's a short-lived event. Please be patient; after the storm, a beautiful rainbow will appear!
Welcome to follow Rongrong! You can watch live trading sessions, learn and exchange ideas, and gain a clear understanding of market direction and strategies. Knowing the market's style in advance allows you to better manage it!
There are still spots available in the team, so hop on board quickly and we'll make you the house and the winner.
