$BTC In 2021, a senior told me something that I still remember clearly. He went from 50,000 to 80 million, only saying that the crypto world never lacks opportunities; what it lacks is emotionally stable people.
Most people in the market lose money not because they can't understand the trends, but because they are defeated by their own emotions. They chase and get trapped, panic and sell, and when they calm down, the market has already moved on.
$ETH If you can control your emotions, many times, the market is really just a cash machine. What truly differentiates people is not the news, not the feelings, but the repeatable operational strategies.
The following principles are what I have repeatedly verified and exchanged for with real money. Think clearly before entering the market, rather than chasing after you see movement.
One: After a low-level range, a further drop often presents an opportunity; after a high-level range, a further rise is mostly for offloading.
Two: Understand to sell on a sharp rise, dare to catch on a sharp drop; when moving sideways, it usually means a direction is being held back.
Three: Morning session emotional release, sharp declines are more likely to present opportunities; sharp rises require learning to reduce positions.
Four: In the afternoon and evening sessions, do not chase highs; sharp declines are more suitable for waiting until the next day.
Five: Don't sell on a high, don't buy on a plunge; during sideways phases, it's better to watch.
Six: Dare to catch the bearish candle, dare to sell the bullish candle. Follow human nature, and you will never make money.
Seven: Full positions are a trading taboo; taking profits and losses is not a technical issue but a survival issue.
Ultimately, the essence of trading coins is trading mindset. When greedy, you can't see the risks; when fearful, you can’t seize opportunities. Avoid chasing highs and cutting losses; trading can become a long-term endeavor.
Several trading methods I use most often and find most practical. Whether you are a beginner or an expert, these scenarios are unavoidable. That's why you often see me buying at the bottom, with almost no risk.
One: Fluctuating market
Focus on high throws and low absorbs, watch the range and BOLL, seize support and resistance, and don’t be greedy.
Two: Breakout of the market change
The longer the sideways movement, the more intense the movement when it happens. If the direction is right, execution must be decisive.
Three: Trending market
Once a one-sided trend occurs, only follow the trend. Don't panic on pullbacks, get in on rebounds.
Four: Key level trading
Important support/resistance levels are where capital battles the fiercest, with the highest success rate.
Five: Pullback rebounds
After a big rise or fall, the recovery phase of emotions is often the best to trade.
Six: Time period differences
During the day, it is relatively stable and suitable for conservative strategies. The night and early morning have large fluctuations, more opportunities, but also higher risks. A final reminder: the cryptocurrency market does have large fluctuations and many opportunities, but those who can stay are never the most aggressive; rather, they are the calmest. Treat trading as a long-term project, rather than a gamble for quick wealth. Slower can often mean going further and flying higher.
