I know an old veteran in the cryptocurrency world who used to run a small convenience store. Every day, even the change in the ledger had to be balanced. Who would have thought that this person, "guarding the cash register," later made a fortune in the cryptocurrency world using a set of simple methods?
While others chase trends, concepts, and so-called insider information, he uses the simplest methods to grab the market's money.
This method doesn't involve gimmicks,
and can be accomplished in just four steps: select coins, buy, sell, and control positions.
Each step is explained clearly,
and beginners can easily get the hang of it.
The first step is to select coins.
Don’t chase popular coins or believe in rumors,
only pick varieties with reasonable market structures, good liquidity, and controllable risks.
The veteran often says:
"If you choose the right coin, all that's left is time and discipline."
The second step is to buy.
Don’t rush at high prices, don’t gamble on explosive points,
slowly increase your position and enter in batches.
Treat market fluctuations as friends,
not enemies.
The third step is to sell.
It’s not about greed, nor is it about blindly taking profits,
but rather leaving the market in batches according to a plan,
and securing the profits first,
while not allowing losses to drag you down.
The fourth step is to control positions.
Always leave some room in your position,
don’t bet everything on one direction,
even in a crazy market, you shouldn’t lose enough to question your life.
These four steps seem simple, but executing them requires patience and discipline.
Many people think they are smart,
but the smarter they are, the more chaotic it becomes. The veteran, however, using simple methods, steadily rolled his money into an eight-figure fortune.
