Who would have thought that starting from 2100 U, in less than two months it would roll to 75,000 U?
It might be hard to believe, but my cryptocurrency trading can be described as "anti-intellectual operation" — I don’t watch K-lines, don’t do short-term trading, don’t understand MACD and RSI, and rely entirely on a set of "simple methods" to stubbornly hold on.
Among the brothers who follow me, some have gone full-time into trading, some have bought new cars and houses, even someone like me who "doesn't watch the market" can make a profit. The core principles are actually three points:
First, hold on without making rash moves, always leave room in your position.
Only use 30% of the position, ignore declines and sideways movements, lock in some profits when the market rises, and continue compounding the rest without following trends to cut losses.
Second, only chase trends, don’t touch air coins.
Focus on mainstream coins, don’t be greedy for short-term fluctuations of small coins. Capturing a big market trend once can earn more than doing dozens of trades back and forth, which is more efficient and worry-free.
Third, money management is conservatively extreme. The principal is divided into five parts, and only 1-2 parts are used each time. Additional purchases only consider trends, never blindly catch falling knives, and proceed steadily without rushing.
Many people understand a lot of techniques but lose more as they trade. Ultimately, they are defeated by human nature and emotions. I never use complicated judgments; I rely solely on execution to stick it out and patiently wait for the market.
The real account statements are here: early June 2100 U, June 21 12,000 U, July 5 39,000 U, July 18 surged to 75,000 U, and I have only withdrawn once.
What I earned is not luck, but the compounding effect of a simple method. Many friends who followed along said: "I used to think I had to rely on intelligence, stopping losses and trading daily, getting busier and losing more. Following you and holding on foolishly has doubled my earnings!"
It's not that you are not suitable for trading, but being too "smart" makes you get led around by the market.
As soon as the market moves, I synchronize the information. If you want to steadily hold your chips and catch the next opportunity, pay attention and don’t miss the moment to turn things around! @juice13