Brothers and sisters, I didn't steal or rob!
Every penny is earned from my own trades, and I've never touched dirty money!
But that day, the police officer came directly to talk to me and said on the spot that I was suspected of money laundering!
In that moment, my mind went completely blank, and I was completely stunned—
If I can't clarify this, my whole life will be over; even sitting in prison for life wouldn't be enough!
I really didn't commit any crime! I am truly wronged!
After eight years of trading cryptocurrencies, I made fifty to sixty million. In those eight years, how many all-nighters did I endure watching the market? Who has seen the days when I hid in a rental room eating instant noodles after losing all my principal three times? Who understands the torment of losing 80% of my account during a market crash, staying up all night losing hair?
Every penny is hard-earned money that I made by staring at K-lines, calculating trends, and enduring fear!
First, friends with a small capital (within 50,000), don’t think about going all in every day; catching one main bullish trend a year is enough. Before the trend comes, patience is the greatest weapon.
Second, one person cannot earn money outside of their understanding. Before real trading, practice your mindset and courage with a demo account; you can fail infinitely on a demo account, but one big mistake in real trading might kick you out of the market.
Third, remember one thing: good news is bad news. When you see major good news not released on the same day, you must sell on the second day when it opens high; otherwise, you can easily get trapped.
Fourth, be cautious during holidays. History tells us that reducing positions or even going to cash before holidays is the best strategy; a holiday downturn is no joke.
Fifth, the essence of medium to long-term trading is to keep enough cash, sell high and buy low, and operate in cycles. Don’t think you can grasp the market all at once; that’s the way of the big players, not the fate of retail investors.
Sixth, for short-term trading, only engage with active volume and highly volatile cryptocurrencies; don’t touch inactive ones, as they waste time and sap your mindset.
Seventh, if the market is slowly grinding down, the rebound will also be slow; but if the decline accelerates, the rebound often comes quickly. Keep the right rhythm.
Eighth, if you bought the wrong one, admit it and stop loss at the first moment. As long as the principal is there, opportunities will always be there; this is the foundation of survival.
The above 8 points are all learned through my hard-earned money; taking fewer detours is profit.
Follow Dayong, lock in clear strategies and tangible results; team spots are running out! Do you sincerely want to break the deadlock and turn things around? Action is the only answer!