Crypto world 5000 to 25 million: My complete review of the counterattack mindset
In the early years, I ventured into the crypto world with a capital of 5000 yuan, struggling through the unpredictable market. Now, I have finally succeeded and hold assets worth 25 million yuan. The pitfalls I encountered along the way and the practical experiences I've summarized, I will share with everyone today without reservation!
Risk management is the bottom line for survival. I never dare to go all in; I always divide the principal into five parts and only use one part to enter the market each time. I have established a strict rule: if a single part of the funds loses 10%, I will immediately stop loss, regardless of how tempting the market may be. Even if I lose five times in a row, the total loss would only be 50%, but as long as I seize one profitable opportunity, the gains can easily cover the losses, and even if I get stuck, I can maintain my composure.
The core of trading coins is to go with the trend; never go against it. When the market is falling, never blindly try to catch the bottom, as no one can accurately pinpoint it. Instead, wait for the market to start moving and for a pullback to enter at a lower price, which is both safer and increases the chances of making a profit. There are also skills in observing trends; by combining the daily line, 30-day line, 84-day line, and 120-day line for comprehensive analysis, you can follow the line that is turning upwards to operate, and making money is like sailing with the current.
Choosing coins and avoiding pitfalls is key. For coins that experience a sudden surge in the short term, whether mainstream coins or altcoins, it's best to stay away if possible — a sharp rise often leads to a larger retracement, and if you're not careful, you could get stuck, making it incredibly difficult to break free. Among technical indicators, I trust MACD the most: when the DIF line and DEA line cross below the 0 axis and then break above it, that's an excellent buy signal; if they cross above the 0 axis and then trend downwards, quickly reduce your position and don't let the profits slip away.
There's another important detail: trading volume cannot be ignored. When the coin price breaks through at a low level, if the trading volume suddenly increases, it's like a train gathering power before it starts, and it's highly likely that a big market trend will follow, so it's definitely correct to follow up decisively at this time. Additionally, be very cautious about averaging down: do not average down when in loss, as the more you average down, the more you may end up losing everything; when in profit, increase your position moderately to allow your gains to snowball. #十二月行情展望 #GIGGLE和PIPPIN强势上涨
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Crypto world 5000 to 25 million: My complete review of the counterattack mindset
In the early years, I ventured into the crypto world with a capital of 5000 yuan, struggling through the unpredictable market. Now, I have finally succeeded and hold assets worth 25 million yuan. The pitfalls I encountered along the way and the practical experiences I've summarized, I will share with everyone today without reservation!
Risk management is the bottom line for survival. I never dare to go all in; I always divide the principal into five parts and only use one part to enter the market each time. I have established a strict rule: if a single part of the funds loses 10%, I will immediately stop loss, regardless of how tempting the market may be. Even if I lose five times in a row, the total loss would only be 50%, but as long as I seize one profitable opportunity, the gains can easily cover the losses, and even if I get stuck, I can maintain my composure.
The core of trading coins is to go with the trend; never go against it. When the market is falling, never blindly try to catch the bottom, as no one can accurately pinpoint it. Instead, wait for the market to start moving and for a pullback to enter at a lower price, which is both safer and increases the chances of making a profit. There are also skills in observing trends; by combining the daily line, 30-day line, 84-day line, and 120-day line for comprehensive analysis, you can follow the line that is turning upwards to operate, and making money is like sailing with the current.
Choosing coins and avoiding pitfalls is key. For coins that experience a sudden surge in the short term, whether mainstream coins or altcoins, it's best to stay away if possible — a sharp rise often leads to a larger retracement, and if you're not careful, you could get stuck, making it incredibly difficult to break free. Among technical indicators, I trust MACD the most: when the DIF line and DEA line cross below the 0 axis and then break above it, that's an excellent buy signal; if they cross above the 0 axis and then trend downwards, quickly reduce your position and don't let the profits slip away.
There's another important detail: trading volume cannot be ignored. When the coin price breaks through at a low level, if the trading volume suddenly increases, it's like a train gathering power before it starts, and it's highly likely that a big market trend will follow, so it's definitely correct to follow up decisively at this time. Additionally, be very cautious about averaging down: do not average down when in loss, as the more you average down, the more you may end up losing everything; when in profit, increase your position moderately to allow your gains to snowball. #十二月行情展望 #GIGGLE和PIPPIN强势上涨