How to make money in the cryptocurrency circle and earn your first million!
$BTC $ETH 'Is this how you feel when you just entered the cryptocurrency circle?—— Bitcoin has risen: Clap your thighs! Ethereum has dropped: Pull your hair! Seeing others show off their profits: Turn sour like a lemon! When you’re all in: instantly become a philanthropist! Don't panic! Today's 'survival manual' is specially designed to cure new people's high blood pressure, insomnia, and impulsive trading syndrome; after reading, you will immediately evolve from a 'leek' to a 'scythe.'
Three survival rules for newcomers (1-100k stage)
1. First, be a 'cryptocurrency elementary student'; don’t pretend to be 'Wolf of Wall Street.' What to do: Treat Bitcoin and Ethereum whitepapers like romantic novels, and memorize the introduction to the top 20 coins as a fan manual!
🔥Stop deceiving yourself, trading coins = disguised gambling! Don’t believe it? Just look at how many zeros are left in your account!
Having been in the crypto circle for many years, I’ve seen too many people fantasize about taking off, only to be sent back to square one by a single bearish candlestick. Today’s article contains life-saving tips and doubling strategies, not reading it = giving away money for nothing!
🚨Life-saving rule: Not learning = getting cut! Learning = saving ten years of detours!
1️⃣ Don’t go all in at once; leaving some bullets gives you a chance to turn things around!
Putting 200,000 U into one coin? Are you the reincarnation of Soros?
👉Correct approach: Build positions in 3-5 batches, buy low and take profits high, make money during fluctuations.
🌰Real example: My disciple put in 50,000 U in three batches and doubled; those who went all in? They don’t even dare to share screenshots now!
2️⃣ Good news = the last bait!
“Major cooperation” “Landing on the mainnet soon”? All are new tricks fed to old investors!
👉Remember: Lay in wait before the news drops, run when the news lands, don’t wait for the operators to thank you for taking over!
3️⃣ The pre-festival drop curse is more accurate than a menstrual cycle!
Before Christmas and the Spring Festival? If you need to reduce your position, do it; no one will celebrate with you while holding your bag!
4️⃣ When a crash comes, don’t be afraid; looking at the volume is key!
Slow drop = sewer; fast drop + increased volume = opportunity to pick up money!
👉80% of crashes rebound the next day; while the retail investors panic, you remain calm, and the money is yours!
5️⃣ Not stopping losses properly leads to harsh realities!
“Just hold on and it will come back”? Then you’ll just be holding onto a “tombstone.”
👉Life-or-death line: Stop loss at 5% drop, cut strongly at 10% drop, don’t let the market teach you a lesson!
6️⃣ Three tricks to navigate the world, don’t do those flashy things!
✅ Only follow breakout with volume
✅ Get in only when the trend strengthens
✅ Be decisive with stop losses, leave immediately with a 5% loss
💰Ultimate secret: Rolling positions to take off, not blindly increasing positions!
While you’re earning 200 on a capital of 10,000, others have rolled to 1,000,000! What’s the difference?
🚫Wrong rolling: Increase positions after making a profit, only to face a crash and liquidation;
✅Correct rolling: “Pyramid method,” layer upon layer in a bull market, maintain a solid base in a bear market, relying on strategy to profit, not luck!
😤 The crypto world does not support lazy people, nor does it indulge fools!
You may not work hard, but don’t blame the market for not giving you opportunities.
Either learn, or keep giving away money. Your fate is your choice!
📌Watch for: pnut, people, trump
#Rules for survival in the crypto world #Doubling relies on strategy #Don’t joke with your own wallet
From On-Chain to On-Site: What Do the Luxury Mansions of Crypto Moguls Look Like?
In any industry's fledgling phase, there are always pioneers who leverage the early-stage chaos to rise and become new billionaires. When they become the new elite, their lifestyles often become mysterious and luxurious, with mansions symbolizing their wealth and status. Over the years, the explosive growth of the cryptocurrency market has created a new class of wealthy individuals. Crypto moguls have accumulated vast fortunes through their endeavors, and their wealth is reflected not only in digital wallets but also in real-world luxury mansions. Unlike traditional financial moguls, these new crypto elites are often younger and more willing to flaunt their wealth, with mansions serving as the best stage for showcasing their success.
How to effectively make money in the cryptocurrency space?
I am 32 years old this year and started trading cryptocurrencies at 22. In 2023-2024, my capital reached 8 digits. My current lifestyle includes staying at high-end hotels costing around 2000 yuan, with luggage and hats potentially bearing cryptocurrency symbols. This is much more comfortable than what the older generation experiences in traditional industries or what '80s kids do in e-commerce. I have hardly experienced business disputes and have fewer worries. I patiently summarize my insights; the biggest point in trading cryptocurrencies is having a good mindset, while technique is secondary.
In fact, the losses in trading cryptocurrencies are often the result of a battle between oneself. You might think, are these losses truly unavoidable? Actually, they are not.