The dumbest way to play in the crypto world, slow means fast?
The dumbest way to make money in the crypto world: The smarter you are, the faster you die in the crypto world. This is a lesson I learned with real money.
Three years ago, I was a 'technical trader' who stared at the computer until dawn, studying various candlestick patterns, MACD golden crosses and dead crosses, RSI overbought and oversold... What was the result? Profit and loss, account balance stuck in place, and I even blew my account a few times.
Until one day, I met an old hand in the market, who told me: When trading coins, the simpler, the better. Then, he taught me the dumbest method - the 343 phased buying method. I scoffed at the time: isn’t this too simple? Only a fool would use it! Now, I will tell you this method in full.
1. The 'dumb method' that institutional traders hate: the 343 phased buying method. The core of this method is summed up in one sentence: don’t guess the ups and downs, just buy according to the plan.
Step 1: 30% initial position (tentative buy). Choose a coin (like mainstream coins such as BTC, ETH) and first buy 30% of the total capital. Key point: Do not go all in at once!
Step 2: 40% additional position (lower cost). If it rises: don’t rush to chase, wait for a pullback and then add 40%. If it falls: add 10% of the funds for every 10% drop, until you complete the 40%. Core logic: The more it falls, the lower your holding cost, and the greater the profit during the rebound.
Step 3: 30% final position (add to position after confirming the trend). When the coin price starts to rebound and stands firmly at a key support level (like the 7-day moving average), then put in the last 30%.
Then, set a trailing stop to let the profits run. Why can this method make money?
1. Do not predict the market, just follow the trend.
2. Phased buying to avoid being trapped all at once. 3. The more it falls, the lower the cost, and the greater the profit during the rebound.#MichaelSaylor暗示增持BTC #币安Alpha上新 #美国加征关税 #美国5月核心PCE物价指数 #香港加密概念股
The dumbest way to make money in the crypto world: The smarter you are, the faster you die in the crypto world. This is a lesson I learned with real money.
Three years ago, I was a 'technical trader' who stared at the computer until dawn, studying various candlestick patterns, MACD golden crosses and dead crosses, RSI overbought and oversold... What was the result? Profit and loss, account balance stuck in place, and I even blew my account a few times.
Until one day, I met an old hand in the market, who told me: When trading coins, the simpler, the better. Then, he taught me the dumbest method - the 343 phased buying method. I scoffed at the time: isn’t this too simple? Only a fool would use it! Now, I will tell you this method in full.
1. The 'dumb method' that institutional traders hate: the 343 phased buying method. The core of this method is summed up in one sentence: don’t guess the ups and downs, just buy according to the plan.
Step 1: 30% initial position (tentative buy). Choose a coin (like mainstream coins such as BTC, ETH) and first buy 30% of the total capital. Key point: Do not go all in at once!
Step 2: 40% additional position (lower cost). If it rises: don’t rush to chase, wait for a pullback and then add 40%. If it falls: add 10% of the funds for every 10% drop, until you complete the 40%. Core logic: The more it falls, the lower your holding cost, and the greater the profit during the rebound.
Step 3: 30% final position (add to position after confirming the trend). When the coin price starts to rebound and stands firmly at a key support level (like the 7-day moving average), then put in the last 30%.
Then, set a trailing stop to let the profits run. Why can this method make money?
1. Do not predict the market, just follow the trend.
2. Phased buying to avoid being trapped all at once. 3. The more it falls, the lower the cost, and the greater the profit during the rebound.#MichaelSaylor暗示增持BTC #币安Alpha上新 #美国加征关税 #美国5月核心PCE物价指数 #香港加密概念股