When will the blockchain make money? Of course it is a big bull market. But now that the bull market has come, encrypted notebooks have found through investigation that 30% of the people in this bull market are still at a loss. It’s fine if you don’t make money in a bear market, but you still don’t make money in a Bitcoin bull market soaring! What's the problem?
For the new leeks, due to lack of investment experience, it is easy to enter the market blindly under the influence of the outside world in the manic atmosphere of the bull market, chasing ups and downs, and it is easy to lose the rhythm when encountering fluctuations. In this regard, the theme of this issue of Crypto Notebook is "Guide to the Survival of the Ordinary Leek Bull Market", and invited several bigwigs in the currency circle to bring you the strongest bull market profit-making strategy! Provide some reference for the survival of ordinary leeks in the bull market.
To earn money with certainty - sharing from "Eala"
The main reason why people cannot make profits in the bull market is the weakness of human nature. This is a test that no one can avoid in the market. Due to the lack of experience of ordinary users, this weakness will be magnified. In this regard, I will share with you a method that can avoid the human weakness of "unable to hold" and "chasing ups and downs", and can make money with certainty by using market laws-grid trading. Applicable to the bitcoin market and friendly to ordinary users.
To put it simply, grid trading places many small-amount buy and sell orders within a certain price range in an equal or proportional manner, and then automatically buys low and sells high.
This is a very good way to fight against "chasing up and killing down", and it can guarantee a profit in every transaction to the greatest extent. Because the biggest law of the Bitcoin market is: spiraling up in the "fluctuations" that are always unpredictable, this is a deterministic matter. Especially in a bull market, this kind of up and down fluctuation is greater, and the use of grid trading can allow us to maintain profits even in the downward pullback and shock adjustment.
Another feature of grid trading is that the order will always be opened according to the configuration, and will not be in a passive state of being fully locked up. This method is flexible and can seize opportunities according to the market at any time, and continuously reduce the cost of holding currency. This kind of trading is more stable, allowing us to maintain a rational and peaceful mind during the trading process, so that even small profits can snowball and get bigger and bigger, and finally get amazing profits.
Encryption Summary: The grid trading method is more suitable for the spiraling Bitcoin market, through placing orders in advance to arbitrage among small-scale fluctuations. This approach is better than robustness and requires a lot of observation and practice.
Stay Away From Leverage - Shared From "BC"
The bull market is either low-leverage or spot, otherwise, no matter how awesome the process is, it may be taken away by a wave. In a bull market full of temptation and impetuosity, the first priority to make money is to stay away from leverage.
Taking 3.12 as an example, BTC fell from a maximum of more than 7,900 US dollars to a minimum of 5,500 US dollars, a drop of 2,400 US dollars. Immediately after 3.13, 6300 US dollars fell to 3800 US dollars, a drop of 2500 US dollars. In two days, the overall decline of BTC reached 4,100 US dollars.
Therefore, in such an extreme market, no matter how low your leverage is, you are likely to be liquidated, and on the road to the bull market, such sharp falls and skyrockets may occur at any time, so I will continue to emphasize staying away from leverage.
Looking at this bull market again, in less than two months since the beginning of this year, Bitcoin has risen from more than 29,000 US dollars to more than 58,000 US dollars, an increase of as much as 95%. At the same time, the large-scale liquidation phenomenon that has not been seen for a long time in the currency circle has also reappeared. A friend who had just experienced a bloodbath said to me: "Seeing that Bitcoin fell to $46,000 and the contract was liquidated, there was a feeling of paralysis." High risk, the more you are in a bull market, the more rational you should be and stay away from leverage.
Encryption Summary: Liquidation can happen at any time in a bull market, and it is difficult to predict. For New Leek, staying away from leverage and contracts, operating steadily, and taking advantage of the trend are the primary principles for surviving in the bull market.
Learn How to Stop Loss——Sharing from "*Prince"
In trading, the only thing we can control is the stop loss, but the profit will not be at our mercy, because the market is largely unpredictable. Therefore, the key to making a profit is to learn how to stop losses.
There are risks in all investments. Anyone who invests knows this, but if you always operate with heavy or full positions, the risk will be even greater. You may make ten orders and make nine orders, but that’s just one If you lose a single order, you may lose money along with your principal. Our operation is to control the risk well, build positions in small batches and multiple batches, and set up stop loss points, so as not to do "losing business".
If you don't know how to stop the loss, you can do it in the following way:
Short-term: within 20% of the loss, if there is no result after buying, stop the loss immediately. The short-term is to obtain short-term opportunities. If the judgment fails, it will be broken when it is broken, and the loss will be stopped immediately. You cannot delay trying to wait for the market to improve.
Midline: Loss within 30%, stop loss at that time. Because the mid-line position is not bought at one time, but bought in several times, relatively speaking, the average price is calculated, and the cost of leaving the market with a 20% loss in the short-term is similar, or even less.
Long-term: about 30% loss. Note that it is not a liquidation operation, but a stop loss in batches. Each stop loss is a profitable position that was built at a low position.
Encryption summary: Don’t take chances on stop loss, it’s wrong to carry orders maliciously and make more money, and it’s right to miss stop loss.
