Using the simplest method to trade cryptocurrencies repeatedly can turn 200,000 into 10 million. Can you believe it?
Five years ago, I met a senior in Shanghai who easily withdrew over 12 million from the cryptocurrency market using the simplest method. He taught us at the time that the essence is always simple. When it comes to trading cryptocurrencies, if you think too complexly and consider too many factors, your judgment will become less accurate. Those who lose money trade cryptocurrencies like this. To make a profit, it's actually very simple; just find a method that suits you and that you are good at, and repeat it. Before you know it, your account balance will increase. The words of the senior have always stayed with me.
Led fans from 30,000 U to 300,000 U! (17 consecutive wins)
Today there was a double kill for both long and short positions, focusing on a stable win with 6700 U. Continuing to arrange for fans to enjoy🥩, preparing for the next wave.
Led fans from 30,000 U to 300,000 U! (15 consecutive wins)
Continue to lead fans to victory: 16,000 U to make contracts, what’s lacking is only opportunity, Currently, fans have successfully reached 100,000 U, achieving a 3/1 strength ratio which is the most important, I need not say more. Choice is greater than effort, direction determines success or failure.
Changing eight misconceptions will open the door to success in the cryptocurrency world! Through the passage of time, I have transformed from a newcomer in the cryptocurrency world into a seasoned player over more than a decade of honing my skills in the cryptocurrency market. For nine consecutive years, I have been summarizing and refining my experiences daily in cryptocurrency communities, going through the ups and downs of the market. I have achieved over three years of continuous compound interest. In the future, let’s work together, cryptocurrency family, to achieve greatness! Now, I will continuously share my practical experiences that have helped me earn money in trading cryptocurrencies. Today's must-read for cryptocurrency retail investors: Change eight misconceptions, and the door to successful trading will open! Read carefully and consider saving this! Take time to learn repeatedly. Here’s a sincere piece of advice for all cryptocurrency retail investors online: the following are the 8 most common mistakes that retail investors make. Be sure to read them carefully; they will certainly enlighten you. 1. Too diversified positions: A person's energy is limited; it is impossible to manage too many cryptocurrencies. Generally, hold 3-5 types of currencies if under 1 million. 2. Too concentrated holdings: The sectors must be diversified. Opportunities in the cryptocurrency world are always rotating; generally, select 3-5 sectors with quality leading currencies. 3. Excessive self-centrism: Remember, the market is always right. Learn to respect the madness and cruelty of the cryptocurrency world. Study earnestly and keep improving. 4. Lack of patience: This is a common problem among many retail investors in the cryptocurrency market. They always prefer to go all-in without ever leaving some positions open to wait for the right moment to enter. They can’t stand seeing others profit; when someone else’s currency rises, they get anxious. It’s important to have patience; the rotation speed in the cryptocurrency world is faster, and opportunities are always present. 5. Indecision: When the market starts to move, they often overthink and hesitate to enter, missing out on doubling opportunities. When trading cryptocurrencies, be decisive once you spot a good opportunity, and if you're wrong, exit in time. 6. Not cutting losses: They always think every currency they buy will make money. Is there really such a good thing? The volatility in the cryptocurrency world changes rapidly. If you make a mistake, acknowledge it, and cutting losses in time is key to preserving your capital. 7. Not following large funds: Pay attention to the intentions of the big players. Don’t panic and sell at the bottom every time there's a drop. Before a large capital increase, there is often a final severe washout to shake out retail investors. 8. Thinking that the above seven misconceptions are far from themselves. These are the eight misconceptions I have summarized for retail investors in the cryptocurrency world; keep them in mind.
🇸🇬 What did I gain from drinking with the big shots of the crypto world?
In 2017, I had just entered the crypto sphere, and a friend took me to a Web3 summit, saying a big shot would be there. I originally wanted to remain low-key and observe, but seeing him aloof and taciturn, I mustered the courage to strike up a conversation. After a few rounds of drinks, he finally opened up. 2012: Brick arbitrage, made my first pot of gold
At first, he was just a novice. Hearing friends say, "Bitcoin can make money," he started brick arbitrage. At that time, there was a price difference between domestic and foreign BTC, and he managed to multiply his capital several times over a few months by buying low and selling high. But the market changes rapidly, the arbitrage space shrank quickly, and with tightening regulations, he had to exit.
2013 crash, became a cut vegetable "At that time, I thought Bitcoin would only rise," he said with a bitter smile. A crash in 2013 instantly halved his assets. Disappointed with the market, he cut his losses and switched to other businesses.
Returned to the crypto world in 2017, wealth doubled A few years later, a friend excitedly told him: "The BTC you sold is now worth 100,000 each." This time, he decided not to be a speculator but to deeply engage in the industry. He researched blockchain, participated in primary market investments, and accurately bet on several DeFi projects, ultimately cashing out successfully before the bear market in 2018, earning a nine-figure sum.
After this dinner, he became my boss and brought me into Web3. Looking back, if I hadn't taken the initiative to start a conversation, I might have missed this opportunity. Many girls feel shy in front of industry big shots, but upward socializing is not about pleasing, but about having the courage to speak up and demonstrate value. Web3 is a world of opportunities and risks intertwined; actively seizing every opportunity might just rewrite your own story.
The dumbest but most stable way to trade cryptocurrencies actually boils down to six rules. Remember them, and you'll earn more by living longer. Short-term six rules: 🔹 High position consolidation often leads to new highs, while low position fluctuations can easily test the bottom again. 🔹 Do not operate during consolidation; wait for direction confirmation before taking action. 🔹 Enter on bearish candles, exit on bullish candles; follow the rhythm of the candlesticks. 🔹 Slow declines lead to slow rebounds, while sharp declines lead to quick rebounds. 🔹 Build positions using the pyramid method; increase your holdings as prices drop. 🔹 After consecutive rises and falls, there is often consolidation; prolonged consolidation must change, so watch for direction. Move less, take it slow, focus on logic; don’t treat opportunities as enthusiasm to throw money at. Trading cryptocurrencies is a battle of endurance.
The bold will thrive while the timid will starve. This wave of shorts has been mentioned, don't be afraid of shorting. Look, there's already a successful profit of 4431u.
The direction has been given to you; if you can't grasp it, we can discuss and learn together.