To say something that won't make you laugh, I'm currently trading cryptocurrencies with the most foolish method in the circle.
I don't focus on K-lines, don't use leverage, and don't chase trends; sometimes I can't even be bothered to check when new coins are launched.
But relying on this "foolish method," I rolled 3000U into 24000U bit by bit, exactly 8 times.
It's normal if you don't believe it, because too many people nowadays are smart and still losing money.
I have all kinds of people around me:
They change coins every three minutes and rush in when they see good news.
Once they enter the market, they max out their leverage, and then with one pullback, they’re wiped out.
It's not that they don't understand; they understand too much, their hands are too fast, and their hearts are too anxious.
And I happen to be the opposite.
Single-minded, one line, once I set my sights on something, I don't mess around.
My method is really stupid; it's just three steps, no fancy tricks.
Step one:
Only look for coins that are just starting to trend, first put in 3% of the base position.
Don't touch junk coins, don't gamble on news, wait patiently; only those who can wait have the qualification to make money.
Step two:
Wait for the market to start getting restless and for the trend to be confirmed, then I will use 20%-50% of my funds to take a bite in the middle.
The bottom is never where I buy; that's the work of the main players, and I don’t compete for that.
Step three:
Once a round of market movement is complete, cash out and leave.
I don’t dream of continuous boards, nor do I get emotional with the market.
In my view, the cryptocurrency circle serves one purpose: an ATM.
This method, to be honest, is not cool at all, but it really works.
There was a guy who lost over 400,000, and he was almost breaking down.
When he found me, he said one thing: Brother, I don’t want to be smart anymore; I’ll listen to you.
In three months, not only did he break even, but he also got himself a Tesla.
Another fan, a junior college student, started with 200U.
Just relying on patience + position allocation, he slowly rolled it up to 6000U.
He tells me every day: If I had known earlier, I wouldn't have messed around.
In the end, you have to understand one thing:
The cryptocurrency circle is not a technical field at all; it’s an emotional field + position field.
You’re not losing because you can’t read charts or operate.
You’re losing because: your heart is too anxious, your positions are too full, and your head is too stubborn.
After reading this article, you can either continue to smartly lose money or be like me,
play a little dumb and take the money away.
$XAG $XAU
