From 50,000 to 7 million: The bank president's iron rule of Cryptocurrency Trading to get rich, understanding three out of six makes you a master.
The six cryptocurrency trading experiences I share today are the practical insights I gained through trial and error with real money. Understanding one can help you save a hundred thousand in tuition fees; implementing three can help you surpass ninety percent of market investors.
1. Timing for Buying and Selling: Accurately Judging "Shakeout" and "Fake Bull and Bear"
1. Hold coins during rapid rises and slow declines, and exit quickly during rapid rises and falls. After the coin price rapidly rises and then slowly falls, don't rush to cut your losses—this is likely a wash trading by the big players, aimed at scaring away retail investors; however, if there is a sudden surge followed by an instant crash, it is a typical bull trap, and you must exit immediately, as being late could lead to significant losses. 2. Don't catch the bottom during a sharp drop and slow rebound to avoid hitting a "fake rebound". After the sudden drop in coin prices, there is a slow rebound. Don't blindly rush in to buy the dip. This kind of "slow rebound" is likely a disguise for the whales to offload their coins. It seems like the market is recovering, but in reality, it is meant to trap those who buy in. Once the rebound ends, prices are likely to continue to fall.
2. Volume Analysis: Understanding "trading volume" is key to discerning the authenticity of the market.
1. High position looks at volume to determine life and death If there is sustained volume at a high level, it indicates that buying pressure is still present, and the market may still have room for an increase; however, if the trading volume suddenly dries up at a high level, it is necessary to run quickly—at this point, no one is taking the orders, and the price can easily plummet sharply. 2. Observe volume at the bottom to identify opportunities A sudden surge in volume at the bottom can be misleading; don't impulsively enter the market. This may be a "false hustle" deliberately created by the market makers to lure retail investors into buying. Only when there is a sustained and moderate increase in volume at the bottom (with trading volume gradually rising) is it a true entry signal, indicating that capital is quietly positioning itself.
3. Core Philosophy: Stick to these two principles, and don't become market fodder.
1. Volume precedes price; trading volume is more real than price. Cryptocurrency Trading may seem like watching price fluctuations, but it is actually about understanding the market sentiment. Prices can easily be manipulated by the whales, but the trading volume reflects the true trading emotions—when the volume changes, the price trend will also change. Understanding trading volume is key to grasping the essence of the market. 2. Refuse to follow the trend; independent judgment is the foundation of survival. The market never lacks opportunities; what it lacks are those who can see opportunities independently. Following the crowd to buy and trading based on rumors will ultimately reduce you to a mere pawn. Follow me, and I will share specific methods and strategies for market analysis to help you establish your own judgment system—learning to make independent decisions is the key to long-term profit.
The essence of Cryptocurrency Trading is to gain insight into the psychology of the game; trading volume is the truth of the market, while price is merely a puppet of emotions. Follow Yanqiu, I will share strategies for early positioning to help you bid farewell to the fate of being a retail investor and truly master the art of Cryptocurrency Trading! #非农就业数据来袭 #BTC
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From 50,000 to 7 million: The bank president's iron rule of Cryptocurrency Trading to get rich, understanding three out of six makes you a master.
The six cryptocurrency trading experiences I share today are the practical insights I gained through trial and error with real money. Understanding one can help you save a hundred thousand in tuition fees; implementing three can help you surpass ninety percent of market investors.
1. Timing for Buying and Selling: Accurately Judging "Shakeout" and "Fake Bull and Bear"
1. Hold coins during rapid rises and slow declines, and exit quickly during rapid rises and falls.
After the coin price rapidly rises and then slowly falls, don't rush to cut your losses—this is likely a wash trading by the big players, aimed at scaring away retail investors; however, if there is a sudden surge followed by an instant crash, it is a typical bull trap, and you must exit immediately, as being late could lead to significant losses.
2. Don't catch the bottom during a sharp drop and slow rebound to avoid hitting a "fake rebound".
After the sudden drop in coin prices, there is a slow rebound. Don't blindly rush in to buy the dip. This kind of "slow rebound" is likely a disguise for the whales to offload their coins. It seems like the market is recovering, but in reality, it is meant to trap those who buy in. Once the rebound ends, prices are likely to continue to fall.
2. Volume Analysis: Understanding "trading volume" is key to discerning the authenticity of the market.
1. High position looks at volume to determine life and death
If there is sustained volume at a high level, it indicates that buying pressure is still present, and the market may still have room for an increase; however, if the trading volume suddenly dries up at a high level, it is necessary to run quickly—at this point, no one is taking the orders, and the price can easily plummet sharply.
2. Observe volume at the bottom to identify opportunities
A sudden surge in volume at the bottom can be misleading; don't impulsively enter the market. This may be a "false hustle" deliberately created by the market makers to lure retail investors into buying. Only when there is a sustained and moderate increase in volume at the bottom (with trading volume gradually rising) is it a true entry signal, indicating that capital is quietly positioning itself.
3. Core Philosophy: Stick to these two principles, and don't become market fodder.
1. Volume precedes price; trading volume is more real than price.
Cryptocurrency Trading may seem like watching price fluctuations, but it is actually about understanding the market sentiment. Prices can easily be manipulated by the whales, but the trading volume reflects the true trading emotions—when the volume changes, the price trend will also change. Understanding trading volume is key to grasping the essence of the market.
2. Refuse to follow the trend; independent judgment is the foundation of survival.
The market never lacks opportunities; what it lacks are those who can see opportunities independently. Following the crowd to buy and trading based on rumors will ultimately reduce you to a mere pawn. Follow me, and I will share specific methods and strategies for market analysis to help you establish your own judgment system—learning to make independent decisions is the key to long-term profit.
The essence of Cryptocurrency Trading is to gain insight into the psychology of the game; trading volume is the truth of the market, while price is merely a puppet of emotions. Follow Yanqiu, I will share strategies for early positioning to help you bid farewell to the fate of being a retail investor and truly master the art of Cryptocurrency Trading! #非农就业数据来袭 #BTC