I am 27 years old this year, started trading cryptocurrencies at 18, and by 2021 my trading reached an eight-figure amount. My current life involves staying in high-end hotels around 2000 yuan when I go out, and my suitcase and hat might carry symbols of the crypto world! I have hardly ever experienced troublesome business dealings, which leaves me more time to share my insights.
1. Timing: Enter the market only when the conditions are right for rolling positions.
2. Opening a position: Follow the signals from technical analysis and find the right moment to enter. #Trump Media Technology Group Bitcoin Treasury
3. Adding to a position: If the market moves in your direction, gradually add to your position.
4. Reducing a position: If you've made the expected profit or the market shows signs of trouble, slowly sell.
5. Closing a position: Sell everything when you reach your target price or when the market clearly indicates a change.
Reinvesting after making money: If your investment has risen, consider adding more, but the premise is that your cost has already decreased, and the risk is lower. It's not about adding every time you make a profit, but adding at the right moment, like during a breakout in a trend, and reducing quickly if it breaks through, or adding during a pullback.
Base position + trading: Divide your assets into two parts, keeping one part stationary as a base position, while trading the other part during market price fluctuations, which can lower costs and increase returns. There are several ways to divide:
1. Half-position rolling: Hold half of the funds long-term, and trade the other half during price fluctuations. #
2. 30% base position: Hold 30% of the funds long-term, and trade the remaining 70% during price fluctuations. #币安钱包TGE
3. 70% base position: Hold 70% of the funds long-term, and trade the remaining 30% during price fluctuations. #Getting rich in the crypto world
The purpose of this approach is to maintain a certain level of holdings while using the market's short-term fluctuations to adjust costs, optimizing the holdings. #加密市场回调
In position management, first of all, you need to diversify risks; don’t put all your funds into one trade. You can divide your funds into three to four parts, investing only one part at a time. For example, if you have 40,000, divide it into four parts and use only 10,000 for each trade.
#FTX赔付
Feel free to [check the homepage] to get the latest information and trading tips from the crypto world.
1. Timing: Enter the market only when the conditions are right for rolling positions.
2. Opening a position: Follow the signals from technical analysis and find the right moment to enter. #Trump Media Technology Group Bitcoin Treasury
3. Adding to a position: If the market moves in your direction, gradually add to your position.
4. Reducing a position: If you've made the expected profit or the market shows signs of trouble, slowly sell.
5. Closing a position: Sell everything when you reach your target price or when the market clearly indicates a change.
Reinvesting after making money: If your investment has risen, consider adding more, but the premise is that your cost has already decreased, and the risk is lower. It's not about adding every time you make a profit, but adding at the right moment, like during a breakout in a trend, and reducing quickly if it breaks through, or adding during a pullback.
Base position + trading: Divide your assets into two parts, keeping one part stationary as a base position, while trading the other part during market price fluctuations, which can lower costs and increase returns. There are several ways to divide:
1. Half-position rolling: Hold half of the funds long-term, and trade the other half during price fluctuations. #
2. 30% base position: Hold 30% of the funds long-term, and trade the remaining 70% during price fluctuations. #币安钱包TGE
3. 70% base position: Hold 70% of the funds long-term, and trade the remaining 30% during price fluctuations. #Getting rich in the crypto world
The purpose of this approach is to maintain a certain level of holdings while using the market's short-term fluctuations to adjust costs, optimizing the holdings. #加密市场回调
In position management, first of all, you need to diversify risks; don’t put all your funds into one trade. You can divide your funds into three to four parts, investing only one part at a time. For example, if you have 40,000, divide it into four parts and use only 10,000 for each trade.
#FTX赔付
Feel free to [check the homepage] to get the latest information and trading tips from the crypto world.
