I used to be a newbie too, starting with 5000 yuan and gradually earning my first pot of gold in life.
Today I share my experiences, hoping everyone can take fewer detours!
1. The crypto world is not a casino; learn first before you start making money!
Want to make money? First, understand how the crypto world works! You must understand the basics like blockchain, exchanges, and virtual currencies; otherwise, you could get cut at any time. $AIA
Books, articles, videos—learn all you can, don’t rely on luck to get rich!
2. Choose the right strategy and focus on understanding!
There are many methods like spot trading and contracts; what suits you is the most important. Blindly following trends will only make you cannon fodder in the end!
3. Relying on luck leads to losses; continuous profit relies on strategy!
Before starting, think clearly: what is the goal? How will the plan be executed? Jumping in without thought will eventually lead to losing everything.
4. Want to get rich quickly? First, learn to do short-term trades while holding long-term!
The crypto market is volatile; short-term fluctuations are just noise. Bull and bear markets alternate; time is the strongest weapon.
5. Control risk
Those who heavily invest often face dire consequences. Don’t put all your money into one coin; diversify your investments so you can withstand losses.
My survival rules for trading:
Only trade mainstream coins for the long term: Bitcoin, Ethereum are hard currencies; choose altcoins wisely for short-term trading.
1. High-level consolidation = usually leads to new highs, low-level consolidation = usually leads to new lows; be patient and wait for the market direction to clarify before acting.
2. Don’t trade in sideways markets; 99% of people can’t do this.
3. Buy on bearish closes, sell on bullish closes; go with the K-line to profit.
4. Slowing down in declines → weak rebounds; accelerating declines → strong rebounds.
5. Pyramid investing, entering in batches is the hard truth.
6. When prices peak and trough, they will definitely consolidate; don’t go all in at high prices, and don’t fill up at low prices; prolonged consolidation will lead to market changes; if it trends down, be decisive in clearing positions. These strategies seem simple, but few can actually implement them.
Sister Anxin focuses on contract and spot ambush; the battle team still has positions available.
