I turned 3,000 into 100,000—my first pot of gold in life. I’m sharing what I learned in the hope it helps you avoid some wrong turns:
Want to make money? First, understand how crypto works! There are different types, such as spot and futures trading. What matters most is choosing what suits you. Blindly following the crowd will only turn you into cannon fodder!
6 core strategies
1. Sharp drops: If a coin falls for 9 days straight, go all in on day 10 (a market maker’s shakeout can last no more than 9 days).
2. Sharp rises: After 2 straight days of gains, you must reduce your position. Remember—money in crypto is made by selling, not by just holding on.
3. The lull: If a coin has been trading sideways for 6 days, then suddenly sees a surge in volume on day 7, jump in immediately (this is a signal that the big players are about to make their move).
4. The rule: If the coin you bought hasn’t made back the trading fees by the next day, cut your losses immediately! Time is the hidden killer.
5. The secret “three-five-seven rule”: The coin ranked third on the gainers list will break into the top five, and the one ranked fifth will make it into the top seven. But 99% of people get stuck waiting to break even…
6. The curse: A coin that rises for 4 days straight is bound to get dumped at 3 p.m. on day 5! It’s a fixed routine used by quant trading bots.
Dollar-cost averaging: Buy regularly regardless of whether prices rise or fall, and your average cost will even out naturally.
Hold for the long term: Don’t chase rallies or panic-sell. Big returns come from holding on.
Manage risk: Only invest what you can afford to lose. Don’t use your living expenses to get into the market.
Want to recover your losses, turn things around, and join the feast of this bull market? Follow Yuge and get into position. @渔歌趋势 #q
Want to make money? First, understand how crypto works! There are different types, such as spot and futures trading. What matters most is choosing what suits you. Blindly following the crowd will only turn you into cannon fodder!
6 core strategies
1. Sharp drops: If a coin falls for 9 days straight, go all in on day 10 (a market maker’s shakeout can last no more than 9 days).
2. Sharp rises: After 2 straight days of gains, you must reduce your position. Remember—money in crypto is made by selling, not by just holding on.
3. The lull: If a coin has been trading sideways for 6 days, then suddenly sees a surge in volume on day 7, jump in immediately (this is a signal that the big players are about to make their move).
4. The rule: If the coin you bought hasn’t made back the trading fees by the next day, cut your losses immediately! Time is the hidden killer.
5. The secret “three-five-seven rule”: The coin ranked third on the gainers list will break into the top five, and the one ranked fifth will make it into the top seven. But 99% of people get stuck waiting to break even…
6. The curse: A coin that rises for 4 days straight is bound to get dumped at 3 p.m. on day 5! It’s a fixed routine used by quant trading bots.
Dollar-cost averaging: Buy regularly regardless of whether prices rise or fall, and your average cost will even out naturally.
Hold for the long term: Don’t chase rallies or panic-sell. Big returns come from holding on.
Manage risk: Only invest what you can afford to lose. Don’t use your living expenses to get into the market.
Want to recover your losses, turn things around, and join the feast of this bull market? Follow Yuge and get into position. @渔歌趋势 #q