Prerequisite

There are a large number of projects in the cryptocurrency circle, a large number of trading pairs, but carefully think about it, how many of them are really valuable?BTC, ETH, especially ETH, have real application scenarios, and for most of the trading pairs, in fact, they are worthless, so for their trading, I will not be trading in the name of value investment, but purely gaming. But as an independent trader with a small amount of capital, we will face a great deal of risk, some junk coins, immobile, soaring hundreds of points, plummeting hundreds of points, so the most important thing is to deal with the risks faced in trading, and declare war on the dog bank (refers to the institutions or people who can dog around the ups and downs)!

Choosing what to trade

My thought process is as follows:
Small funds follow the idea below to make your selection:

  1. Entry in the bull market: bear market capital growth is slow, and the bear market time is long, the entry point is difficult to find, the shock market is easy for you to stop loss
  2. choose the new issue of the trading pair: new species generally will not break the issue, usually with the bull market, relying on the market sentiment to follow the surge, which is the easiest way to let the funds grow, doubling is very simple, of course, as long as it is a transaction, there is certainly a risk, so we need to liquidate the game!
  3. bull market to choose junk coins, liquidation of long-term short: Whenever the bull market market, a large number of junk coins will soar, such as a few dollars to dozens of dollars, for this kind of coins, we can be its long-term short, there will always be a time, it will return to the value of the choice of coins, you need to understand the background, to confirm that its nature really does not have any value, it is a purely financial game. At this point, we are shorting at a high level, of course, they may continue to soar, but to believe that his growth space is not much, so here we must be light leverage, must not be heavy positions, remain patient!

A large amount of money can follow the following ideas:

  1. the basic idea and the above consistent
  2. Bear market buy value coins: buy BTC, ETH, etc. at a cheap price

Be sure to have your own thinking about each currency and the meaning behind its growth

Fighting Financial Institutions to the End

Some examples

  • people:Organizations are disbanded and so fragile? But whenever there’s a US presidential election, there’s always a ticker, it’s just taking its name and hyping it up.
  • ORDI:The first token created using the BRC-20 replaceable token standard, so what? Can’t do it without you? What’s your advantage? What do you have that other tokens don’t?

I’ve been short from 84usdt and plan to hold until 25usdt then close the position

  • TURBO:This one is even funnier, with a GPT-4 challenge: create meme tokens with a budget of only $69. Tell me, what’s the point? Are you worth hundreds of millions of dollars in market cap right now with $69? It’s just pure money gaming, and in the end it’s all about harvesting.

……..

There are so many examples that you need to explore on your own, however, when making trades, it is important to control risk, remain patient, and most importantly, be patient, and match patience with the funding agencies.