The dumbest way to make money in cryptocurrency: the three don'ts and the six musts, even the big players fear you learning it!
The secrets to getting rich in the crypto world are often hidden in the dumbest methods.
Today, I'm going to reveal this dumb method that even the big players sweat over — because it's so simple it’s shocking, yet it can make your account balance soar like a rocket!
Three major taboos in trading cryptocurrencies, breaking one can make you poor for three years!
First taboo: chasing highs and selling lows! Do you know why 90% of inexperienced traders lose money? Because they always shout that this time is different when the price is skyrocketing, only to get trapped at the top and left drinking the northwest wind.
True tough guys enter the market only when the blood flows in the crypto world — when even the exchange apps are too scared to open, that's when you should be greedy.
Second taboo: going all in on a single coin! Have you seen gamblers put all their wealth on a lucky number? Their endings are written in the toilets of the VIP rooms in casinos. Keep 30% cash on hand, and during a crash, you'll know what it feels like to enjoy the happiness of buying the dip while others panic!
Third taboo: going all in with everything! The cruel truth in the crypto world: opportunities are always more abundant than money. Those who go all in are like hunters with their hands and feet bound, watching the fat sheep slip away right in front of them. Remember, position management is the life-saving charm of top experts!
Six major rules for short-term trading, every move is crucial
1. The law of consolidation must change: high-level sideways market? Don’t rush, the big players will definitely create a false breakout to lure you in! Low-level bottoming? Be careful, crashes often strike in despair! Remember: until the direction of change is confirmed, your hands are more precious than gold!
2. Sideways market = death trap: data shows that 80% of liquidations occur during sideways periods! Those who can’t resist the itch to trade, the grass on their graves is already three meters high.
3. Buy on down days, sell on up days: reverse operations are the way to go! When the K-line closes with a terrifying big down candle, congratulations — it’s time to pick up money!
4. Principle of accelerated declines: the slower the price drops, the gentler the rebound; the crazier the drop, the more violent the rebound! Next time you see a waterfall-like crash, be ready with a bag to collect money!
5. Pyramid building method: the secret that Wall Street big shots refuse to reveal: every 10% drop in the bottom area, increase your position by 10%, and you can push the cost down to make the big players faint!
6. Liquidation rule during change: coin surges and then consolidates? Don’t be greedy, withdraw your principal and keep the profits flying! Coin crashes and then consolidates? Don't be lucky, cutting losses should be faster than Bruce Lee's punch!
