Many people mistakenly believe that making a profit in the Crypto Assets market mainly relies on luck. However, investors who can truly survive long-term in this market rely on a combination of strategy and mindset.
Here are nine key experiences I summarized from starting with small investments and gradually accumulating to a million dollars:
1. Do not expect daily profits For small-scale funds (under $100,000), don't fantasize about a "full position surge." Grabbing one important opportunity each day is sufficient; over-focusing on market trends can easily lead to psychological stress.
2. The good news is the selling opportunity On the day a major positive news is released, if not sold, the next day's high opening is often the best exit opportunity. Hesitation may lead to missing the best selling point.
3. Pay attention to macro news Major events and holidays are often turning points for the market. Reducing or liquidating positions in advance and then following up once the market direction is clear is a prudent strategy.
4. Long-term investment maintains a low position Long-term investment is not about "holding on with a full position", but rather gradually increasing your holdings in small amounts to leave yourself with room for maneuver. Remember, the market's patience often exceeds your expectations.
5. Short-term trading needs to be fast Short-term trading is like a blitzkrieg. Identify opportunities and enter decisively; if the situation is not right, withdraw quickly. Hesitation will only increase the risk of being trapped.
6. Follow the market rhythm The market rhythm is ever-changing, sometimes slow as a snail, sometimes fast as lightning. Learn to go with the flow and do not guess blindly.
7. Stop-loss is necessary. When a mistake is made in judgment, it is wiser to cut losses promptly than to stubbornly persist. Cutting losses is not a failure, but a way to preserve strength for the next opportunity.
8. Short-term focus on the 15-minute chart Pay close attention to the 15-minute candlestick chart, as the KDJ indicator often provides good entry opportunities. Although technical analysis is not infallible, it is much more reliable than blind trading.
9. The mindset is the biggest advantage. The Crypto Assets market is highly volatile, and an imbalanced mindset can render even the best strategies ineffective. Maintaining calm, patience, and decisiveness is essential to truly achieve profits.
Summary: There are no shortcuts to success in the Crypto Assets market; the key lies in cultivating a set of proven habits and mindsets. By mastering these principles, you too can start with a small amount of funds and gradually achieve your goal of a million dollars.
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HodlVeteran
· 5h ago
I've seen too many suckers go all in and suffer a violent end, and even the veterans feel sorry for them...
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ContractExplorer
· 5h ago
My eyes are blinded from looking at the Candlestick.
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MEVSandwich
· 5h ago
Understanding the applause is amazing!
View OriginalReply0
NFTArchaeologis
· 5h ago
The current market feels like the bronze vessel trading of the Shang and Zhou dynasties.
View OriginalReply0
GasFeeSobber
· 5h ago
Your realization is just for fun.
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SchrödingersNode
· 5h ago
Patience is a waste of time; buy the dip is what you should do.
Many people mistakenly believe that making a profit in the Crypto Assets market mainly relies on luck. However, investors who can truly survive long-term in this market rely on a combination of strategy and mindset.
Here are nine key experiences I summarized from starting with small investments and gradually accumulating to a million dollars:
1. Do not expect daily profits
For small-scale funds (under $100,000), don't fantasize about a "full position surge." Grabbing one important opportunity each day is sufficient; over-focusing on market trends can easily lead to psychological stress.
2. The good news is the selling opportunity
On the day a major positive news is released, if not sold, the next day's high opening is often the best exit opportunity. Hesitation may lead to missing the best selling point.
3. Pay attention to macro news
Major events and holidays are often turning points for the market. Reducing or liquidating positions in advance and then following up once the market direction is clear is a prudent strategy.
4. Long-term investment maintains a low position
Long-term investment is not about "holding on with a full position", but rather gradually increasing your holdings in small amounts to leave yourself with room for maneuver. Remember, the market's patience often exceeds your expectations.
5. Short-term trading needs to be fast
Short-term trading is like a blitzkrieg. Identify opportunities and enter decisively; if the situation is not right, withdraw quickly. Hesitation will only increase the risk of being trapped.
6. Follow the market rhythm
The market rhythm is ever-changing, sometimes slow as a snail, sometimes fast as lightning. Learn to go with the flow and do not guess blindly.
7. Stop-loss is necessary.
When a mistake is made in judgment, it is wiser to cut losses promptly than to stubbornly persist. Cutting losses is not a failure, but a way to preserve strength for the next opportunity.
8. Short-term focus on the 15-minute chart
Pay close attention to the 15-minute candlestick chart, as the KDJ indicator often provides good entry opportunities. Although technical analysis is not infallible, it is much more reliable than blind trading.
9. The mindset is the biggest advantage.
The Crypto Assets market is highly volatile, and an imbalanced mindset can render even the best strategies ineffective. Maintaining calm, patience, and decisiveness is essential to truly achieve profits.
Summary:
There are no shortcuts to success in the Crypto Assets market; the key lies in cultivating a set of proven habits and mindsets. By mastering these principles, you too can start with a small amount of funds and gradually achieve your goal of a million dollars.