After a year of struggling in the crypto world, I haven't even made 100,000 U. The high probability is not bad luck, but rather a wrong approach.
I have been in the crypto space for eight years, starting with tens of thousands of U and growing to more than thirty million. I have seen too many people become wealthy only to lose it all again. Those who survive understand deeply: it’s not about who is bold, but who can last longer.
The following ten points may not be secrets, but they can save you a lot of detours.
If it's under 100,000 U, don’t waste your time. What really turns an account around is a wave of major market trends; catching it once a year is enough. Frequent trading is just giving money to the exchanges.
Don’t earn money outside your understanding. Don’t force your way into markets you don’t comprehend; beginners should practice with a demo account first, and only go in with real money once their mindset is stable.
If good news doesn’t lead to a rise, withdraw quickly. If there’s no movement on the day of good news, and the next day opens high, decisively exit; much of the good news is a trap set by the big players for retail investors.
Reduce positions before holidays. Liquidity worsens, and the market can easily weaken; reducing positions in advance is more reassuring than holding on stubbornly.
Maintain cash for the medium to long term. When prices rise, reduce some positions; when they fall, buy back in. Rolling operations are more stable than holding onto a position.
For short-term trading, focus on volume and patterns. Only trade active, volatile coins; avoid lifeless ones as they can easily trap you.
Remember the rule: a slow drop leads to a slow rebound, while a sharp drop leads to a sharp rebound. There are opportunities in sharp declines; don’t waste time on gradual drops.
If you buy wrong, admit it and cut losses in time. Holding on stubbornly will only lead to deeper losses; cutting losses is not shameful; holding until zero is the real tragedy.
For short-term trading, look at 15-minute candlesticks, and use KDJ to find entry and exit points, which is more reliable than blind trading.
It's not about having many techniques, but rather mastering a few. Being proficient in two or three methods is far better than learning a bunch that you won’t use.
The crypto world is never short of opportunities; what is lacking is the ability to wait for them. Protect your principal, maintain your mindset, and when the next market trend comes, you will have the qualification to stay at the table.
I am Brother Zheng, and I only speak the truth.