Today, I will share a few methods with everyone. Prepare 100,000 to 200,000 funds. Convert this money into stable coins and store it in a reliable exchange.
Then set it up to buy once a week, dividing this 100,000 to 200,000 funds into 96 parts. Among them, 60% buys mainstream coins, 30% buys potential coins, and 10% buys platform coins.
Just wait like this for one cycle or two cycles, which is about 4 to 8 years, and making 1 million is very hopeful. This method is simple and has little competition.
However, in reality, this process is not easy. You cannot operate arbitrarily during this time, and you must not be affected by short-term fluctuations; you need to have enough determination.
The second option:
There are other methods, such as participating in airdrops, grabbing whitelist spots, and engaging in new coin offerings. But this is not easy; you need to know programming, operate remote servers, understand English, obtain first-hand information, and be able to perform bulk operations while investing a huge amount of energy. It's like becoming a scientist in the cryptocurrency world, as you must constantly learn and master various programming skills. Engaging in this requires a lot of time and effort, and success is not guaranteed.
The third option:
This requires a bit of luck. You need to pick a coin that can rise more than ten times in the early stages of a bull market. This requires not only luck but also your own judgment.
It depends on the size of the coin's traffic, whether the concept is novel, and who is backing it. You need to avoid unreliable promoters; otherwise, you are likely to be scammed.
You need to make more friends and consult others. The key is to keep your own understanding up to date and have decisive decision-making abilities.
Besides this, there are other ways to make money, such as launching your own coin. However, this seems simple but is actually the most difficult; you need a complete knowledge system, otherwise, it's best not to touch it.
Nowadays, the cryptocurrency market is full of changes, with opportunities and risks coexisting. I am also constantly exploring, hoping to find a wealth path that suits me. I wonder what each of you thinks is suitable for you, and whether you are willing to endure the trials for the sake of making money.
If you are just entering the market, come to me; I will teach you to learn while operating. If you are already in it and it’s not ideal, you can come to me, and I will help you, so you won’t make mistakes again; if your positions are trapped, I will provide reasonable solutions based on your entry points. Because everyone’s entry point is different, the methods of unlocking will also vary. Some are suitable for conservative investors, while others are for aggressive ones. I will definitely use the most suitable method to genuinely solve your problems and assist you in exiting.
Today, Qiu will share a pure dry goods article that is suitable for everyone. If you also want to achieve financial freedom from significant losses like I did, you must learn from this dry goods article today.
In trading, support and resistance levels are important bases for judging entry and exit points. If used well, they can minimize risks and maximize profits.
1: How to correctly draw support and resistance?
Step 1: Zoom in on the chart and look for the larger time frame.
Teo believes that if we are looking at a larger time frame, we will notice those very obvious key price levels. Generally, start from the weekly chart and then delve into the daily and 4-hour charts step by step.
Step 2: Draw the most obvious price levels. These obvious levels are often clear high and low points, or the starting points of a rise or fall. First, draw them on the weekly chart, then delve into the daily chart.
Step 3: Adjust the support and resistance above to find the price points that are touched the most.
Step 3 is to adjust the lines drawn above, allowing these support and resistance lines to touch as many key price levels as possible.
Below, take gold as an example:
First, open the weekly chart for gold and draw the obvious high and low points.
From three angles: technology, mindset, and a collection of ninety-nine key sentences, which are very suitable for beginners who are completely at a loss in the cryptocurrency world. To prevent loss, remember to like!
1. News segment
1. One must find ways to collect first-hand information to win; analyzing major consulting media in the circle is particularly important.
2. Most media are business agents of large players and also serve as investment advisors for retail investors.
3. Understanding the characteristics of different industries is key to finding profit opportunities.
4. Sometimes buying against expert opinions can also be a unique speculative approach!
5. Before investing, one must work hard to prepare and understand financial knowledge, domestic and international financial paths, and political dynamics. Analyzing teams and practical applications in detail is crucial.
6. Buy or sell when news breaks, and buy or sell when the news is confirmed.
7. One should research and judge the market independently and not change their decisions based on unverified rumors.
8. A problematic team will lead to product issues, so it’s better to minimize involvement.
9. Any direct investment is a professional investment, and professional investments require a foundation of professional knowledge.
10. Those who claim to predict accurately are mostly losers.
11. Inaccurate news will lead to losses; the most futile action is trying to guess the psychology of large players and traders.
12. When purchasing, understand whether the profit potential of the issuing party is reasonable in relation to the current market.
13. This circle is small, but it doesn’t mean there are no circles; knowing a few big players can be very helpful.
14. Don’t let sudden news change your initial intention to buy or sell.
15. Good news runs out and turns into bad news; bad news runs out and turns into good news.
16. Institutional operations often have code words; for example, an order like '232323' might indicate that they are about to sell. Each institution is different, so it's necessary to study them.
17. Don’t join small secret circles; if you do, just bring your ears and brain.
18. If the white paper lacks specific content and a development team, the probability of it being a scam coin is over 80%.
19. Whether the project is open-source is a key factor; generally, open-source projects will be uploaded to GitHub. If not, everyone should be cautious.
2. Technical segment
20. Following the right coin is half the battle.
21. The tactics of large players are often unexpected, tricking inexperienced retail investors to facilitate their buying and selling. You must accurately analyze trading volume patterns.
22. The timing of buying is the most important part of virtual currency investment.
23. A pullback of more than one-third should set off alarm bells.
24. The three steps of rising: base formation - breakthrough - rapid increase!
25. If the index updates for three consecutive days but the trading volume decreases each time, it may not be good for the market.
26. Long-term leading increases will inevitably be followed by significant declines; a drop of more than 50% makes it highly probable to rebound by 30%.
27. Small investors often get trapped by large players, so diversification of investments is crucial.
28. The rise and fall of the index is not random; it is much simpler than the patterns of lotteries, so taking screenshots for analysis is key!
29. Those that lead in rising will surely lead in falling.
30. Avoid excessive trading; when in doubt, don’t act hastily and keep your position.
31. If trading volume surges while prices remain unchanged, it signals a market top; at this point, 'exiting is the best strategy.'
32. The longer it hovers at a low level, the larger the potential rise; a 30% increase has a probability of over 70%.
33. To judge growth or decline, one must look at the gap with the trend of the times; policies are the biggest risk, which is still necessary.
34. Trading volume is like a pulse; it shows whether the market is 'sick.'
35. Choosing the right timing is far more important than just choosing a coin; selling is a hundred times more powerful than buying.
36. Don’t put all your financial resources into one coin.
37. Avoid thinking that low prices mean large potential; if you speculate, know that once it reverses, selling becomes difficult, and losses multiply.
38. Buying coins with slightly lower profit potential but at lower prices may be more cost-effective than purchasing those with better profit potential.
39. Without considerable experience, never engage in margin trading; it's common to suffer significant losses.
40. Establishing long-term investment goals and principles is the primary issue.
41. Market fluctuations have traceable patterns; if you grasp this pattern, you can win every battle.
42. If the increase in price diminishes while trading volume declines further, it is a clear sign of nearing the top.
43. Experience shows that market durations affected by technical factors are generally shorter, about one-third of those influenced by fundamental factors.
44. Avoid being trapped at high prices; this is the most important lesson for novice investors, so practicing with low positions is key.
45. If something should rise but doesn’t, it’s a bearish signal; if it should fall but doesn’t, it’s a bullish signal.
46. Fundamental analysis can tell you which coins have inherent value, while technical analysis reveals the best times to exploit them.
47. Funds in the market always flow toward the most favorable direction.
48. Low-priced coins tend to have larger fluctuations than high-priced ones.
49. Buy when you can, sell when you should, stop when necessary; safety first, stability is paramount. Recklessness leads to losses, greed leads to poverty.
50. Short-term market movements have no significant correlation with long-term performance.
51. The 'Sunday theory' must be understood; many coins rise on this day.
52. Robots are still worth buying; after all, they react faster than human brains.
53. The same coin can have different price fluctuations and bands on different exchanges; choosing a good exchange is very necessary.
54. New coins are often the best choice for short-term trading.
55. It’s best to configure a combination of major international coins and altcoins.
56. Major coins are relatively stable, while altcoins are more volatile and offer more opportunities.
57. During a rapid stretch, it's best not to operate.
58. Try not to go all in; it's better to keep half or one-third of your chips to buy more during a decline.
59. Understand the operating status of the team or foundation; if necessary, share it with someone you think is the least knowledgeable to get their opinion.
60. Avoid buying too many hot coins; they often rise quickly and fall just as fast.
61. Don’t go all in on one coin; try to diversify as much as possible.
62. Trading volume can show changes; when trading volume starts to increase, take note and decide whether to sell or buy in.
63. What you hold will eventually be sold; not selling is foolish.
64. The highest or lowest price during a market fluctuation often becomes the peak or trough; crossing this hurdle can lead to either a rocket or a waterfall.
65. Following trends is like filling your wallet.
66. It's best to choose those with a promising future but not yet high in popularity, as they are easier to profit from.
67. Experts usually make a plan, writing each step very clearly; the rest is just strictly following the requirements.
68. The basic tactics of institutions: building positions, trial trading, raising prices, washing positions, and selling off in five stages.
69. A sudden surge in volume usually indicates two possibilities: either the market maker is protecting the price, or an institution is buying; at this time, you should follow the trend.
70. After each step up, the market often undergoes a washout; at this time, getting off might make you miss the next bus.
71. Getting rich in the cryptocurrency market with 10 yuan is not impossible; luck is also a key factor.
72. When facing a significant pullback, it’s an opportunity to buy a little.
73. Don’t overestimate the intelligence of big players; many operations are just a show of their limits.
74. Before making small profits, proceed gradually and avoid playing with large funds.
75. Buying at a high price carries great risk; beginners should treat this coin as if it doesn’t exist.
76. For novices, it’s crucial not to chase after rising prices; it’s better to miss out than to rush in.
77. Be cautious when participating in coins with small market caps that only trade on one exchange.
78. Joining for free at first but later requiring various fees is a basic indication of a pyramid scheme; it's advisable not to join.
79. If a coin has not yet been listed but has already multiplied many times during the fundraising period, it’s advisable not to participate.
80. Arbitrage can be a relatively low-risk and easy way to make money.
3. Mindset segment
81. Small profits often delay major trends; don’t let small fluctuations confuse the overall direction.
82. At any time, the most trustworthy person is yourself; walking your own path is crucial.
83. When in doubt, stop acting; this indicates that the market is still unclear.
84. Being one step ahead may ensure victory.
85. There is no scenario where prices only rise or only fall; opportunities always exist, and your psychological price is key; regretting is useless.
86. Strengthen your body to withstand the shocks of major market fluctuations.
87. When you buy, you get trapped; when you sell, it rises. The secret lies in the relationship with the market makers, as they constantly study the psychology and behavior of retail investors.
88. Trading cryptocurrencies is about trading numbers; never establish a relationship with money; if you do, you will undoubtedly lose.
89. Market changes happen very quickly; changes in the bullish sentiment within 10 minutes are normal, so maintain a balanced mindset.
90. If you can’t withstand fear, you won’t gain much; courage, courage, still courage.
91. Patience is key to waiting for coins that build positions at a high level to become true performance stocks; this is the true mindset.
92. The desire to make money quickly is a major taboo for participants in cryptocurrency trading.
93. Remember that the power of compound interest is the greatest.
The definition of a novice is someone who chases prices, sells at a loss, believes in rumors, and has a restless mindset.
95. Listen less to tips and think more.
96. Don’t estimate the market with your own financial resources; don’t let how much you earn or lose affect your decisions; in this industry, what you hold is trivial.
97. You might excel in business, but it doesn’t guarantee success in the cryptocurrency market.
98. Experience can cultivate inspiration, but inspiration should not rely solely on experience.
99. There is no free lunch; set a loss limit that you can tolerate.
These days, I am preparing for the launch of a divine order!!!
Comment 777, let's get started!!!
Impermanence brings impermanence brings impermanence!!!
