$ZEC Can you make money in the cryptocurrency world? This question has troubled many newcomers.
Actually, it is possible, but those who can really make money are not the ones with flashy techniques, but rather those who use a simple yet effective method.
I know someone who started with 100,000 U and, following a relatively straightforward approach, managed to reach 1,000,000 U.
What’s the key? His method isn’t complicated; in fact, it can be described as very simple.
The core of this method is actually three points: trend judgment, position confirmation, and entry signals.
Step 1: Trend Judgment
I usually start looking at the market from the 4-hour level. The market is essentially in one of three states: uptrend, consolidation, or downtrend.
Look for long opportunities in an uptrend and short in a downtrend; if it’s a consolidation phase, then don’t engage.
If the big direction is correct, other operations have a foundation; otherwise, no amount of skill can make up for it.
Step 2: Position Confirmation
Once the direction is clear, the next step is to find the key price points.
The market doesn’t just rise or fall in one go; it always moves step by step.
Real opportunities to make money are often hidden in "the moment of takeoff," meaning at support and resistance levels.
Wait for the price to touch these key positions when entering, and exit at these points as well.
Step 3: Entry Signals
After determining the direction and position, confirm the entry signals through smaller cycles.
Everyone has different techniques, but mastering one or two effective methods is enough.
What’s more important than "fancy techniques" is: can you quickly formulate a clear plan and execute it consistently?
Look at those traders who continuously make profits; their operations always have clear logic.
Every trade is very clear: choice of asset, position size, direction judgment, entry points, stop loss, and take profit.
There’s no unnecessary chatter, and all the ambiguity is cut away.
Ultimately, trading is not that mysterious.
Is the method difficult? Not at all. What’s truly difficult is the mindset:
Can you strictly adhere to discipline, withstand fluctuations, and keep your composure at critical moments?
This is the key to making money in the long term.
If you are still wandering aimlessly in the cryptocurrency world, why not follow me and take a look? I will pass this light to you!
