🚨When I was just approached by 👮♀️the police uncle, I had just made 50 million 💰 from trading cryptocurrencies, thinking I was money laundering! Being misunderstood made me suffer greatly 😭. {I am wronged, restore my innocence} 🙏🙏
I have been trading cryptocurrencies for six years, making 50 million. Today, I will summarize 10 experiences from my journey through pitfalls, liquidation, recovery, and finally achieving financial freedom.
First, friends with a small capital (within 300,000) should not think about fully investing every day; catching a major upward trend in a year is enough. Before the market comes, patience is the greatest weapon.
Second, an individual cannot earn money beyond their cognition. Before trading in the real market, practice your mentality and courage with a simulated account; you can fail infinitely on a simulated account, but one big mistake in the real market may kick you out.
Third, remember one phrase: good news is bad news. When you see significant good news and don't sell the same day, you must sell at a high price the next day, otherwise, you risk being trapped.
Fourth, be cautious during holidays. History tells us that reducing positions or even going to cash before holidays is the best strategy; the market must drop during holidays is not a joke.
Fifth, the essence of medium to long-term trading is to keep enough cash, sell high and buy low, and operate in a rolling manner. Don’t think you can fully understand the market in one go; that’s the dealer’s play, not for retail investors.
Sixth, for short-term trading, only engage with cryptocurrencies that have active trading volumes and significant price fluctuations; avoid the inactive ones, which waste time and wear down your mentality.
Seventh, if the market decline is slow, the rebound will also be slow; but if the decline accelerates, the rebound often comes quickly. You must follow the rhythm.
Eighth, if you make a wrong buy, admit it, and stop loss at the first moment. As long as you have your capital, opportunities will always be there; this is the foundation of survival.
Ninth, friends who monitor the market in the short term must look at the 15-minute candlestick chart; combining it with the KDJ indicator can find many golden buying and selling points.
Tenth, there are countless techniques for trading cryptocurrencies, but mastering 1-2 sets is enough. It’s not about having more methods, but about practicing them to perfection.
The above 10 points are all gained by stepping on pitfalls with real money; taking fewer detours means earning.
Follow Sister Dayan, lock in clear strategies and concrete results; team slots are running out, do you really want to break the deadlock and turn things around? ❓Action is the only answer❗️❗️