A senior figure in the cryptocurrency circle from Hangzhou turned a principal of 120,000 into a fortune of 50 million through multiple rounds of bull and bear markets. His core saying is thought-provoking:
"90% of people are emotional puppets; control your emotions, and the market will be your ATM."
This set of 4 'simple methods' that helped a friend recover from a loss of 500,000 within six months and drive away in a Mercedes is summarized as follows:
1. Don’t be greedy for small profits, and don’t endure big losses: This is the core practice of trading. Some people stop when they make small profits and miss out on soaring prices, while others cling to positions and turn profits into losses. Experts never engage in internal conflict over dilemmas; they only follow the rhythm of "what should be held on to, should not be let go of; what should be exited, should not be lingered on."
2. Focus only on mainstream coins: Reject hype new coins and blind bottom guessing; specifically select mainstream coins that have fallen deeply and are slowly climbing back up, stabilizing around moving averages. First, invest 10% of your position as a base to safely avoid breaking even and getting trapped in major losses.
3. Add positions only after the trend stabilizes: Don’t be greedy for bottom-fishing price differences. Wait until the trend clearly heads up and retraces to key support levels before adding 20%-30% of your position. Earning 'certain profits' is more reliable than risking being trapped.
4. Secure profits in a timely manner: For every 20%-30% increase, first withdraw the principal and half of the profit, and let the remaining position follow the stop-loss line and market fluctuations. Book profits are just a number game; only cash in hand is real profit.
The harsh truth of the cryptocurrency world: Smart people chase every opportunity but are exhausted, while the wise build systems and patiently wait for a few good opportunities.
Most people are trapped in the cycle of chasing highs and cutting losses; this trend-following method has instead become a shortcut to navigate through bull and bear markets. Opportunities are often present, but capital and chances wait for no one. Follow Brother Yu, and only earn money that you can understand and hold on to. #隐私币生态普涨 #美SEC推动加密创新监管 #BNBChain生态代币普涨 $BTC
